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Phyntex Markets Forex Broker keeps up-to-date with the latest trading account information, including Bonus, Standard, Cent maximum leverage of 1:2000, trading varieties, and more

Rating Index

Pros

User-friendly trading platform (MT5) with a clean interface.
Competitive commission rates and a variety of payment methods for easy funding.
High leverage options available, up to 1:5000, appealing for experienced traders.

Cons

No regulatory oversight, raising concerns about fund security and investor protection.
Mixed customer feedback regarding the quality of customer service and withdrawal processes.
Demo accounts are not available, limiting practice opportunities for new traders.

Phyntex Markets broker Accounts

Bonus

Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
$ 25
Minimum Spread
from 1.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Standard

Environment
--
Currency
--
Maximum Leverage
1:5000
SupportedEA
Minimum Deposit
$ 25
Minimum Spread
from 1.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Cent

Environment
--
Currency
--
Maximum Leverage
1:2000
SupportedEA
Minimum Deposit
$15
Minimum Spread
from 0.8
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Phyntex Markets Account Type

Phyntex Markets offers several account types tailored to meet the diverse needs of traders. The available account types include:

  • Standard Account
    • Minimum Deposit: $15
    • Maximum Leverage: 1:3000
    • Minimum Spread: From 1.8 pips
    • Commission: No commission
    • Ideal For: Casual traders seeking cost-effective trading options.
    • ECN Account
      • Minimum Deposit: $250
      • Maximum Leverage: 1:300
      • Minimum Spread: From 0.1 pips
      • Commission: $5 per lot
      • Ideal For: Professional traders looking for enhanced trading conditions.
      • Cent Account
        • Minimum Deposit: $15
        • Maximum Leverage: 1:500
        • Minimum Spread: From 1.8 pips
        • Commission: No commission
        • Ideal For: Beginners and traders using Expert Advisors (EAs).
        • STP Account
          • Minimum Deposit: $25,000
          • Maximum Leverage: 1:300
          • Minimum Spread: From 0.4 pips
          • Commission: $12 per lot
          • Ideal For: Larger scale trading activities, typically for companies.

          Phyntex Markets Broker Account Opening Process

          Opening an account with Phyntex Markets is a straightforward process that can be completed in just three steps:

          • Registration Process (2-5 minutes):
            • Visit the official Phyntex Markets website.
            • Click on the “Register” or “Sign Up” button.
            • Follow the prompts to provide necessary personal information.
            • Accurate Application Form Completion:
              • Complete the application form using your first name and surname as they appear on your identity document.
              • Ensure the accuracy of the information to avoid discrepancies.
              • Email Verification and Platform Setup:
                • After completing the application, check your email for verification instructions.
                • Follow the instructions to verify your email and fund your trading account.
                • Download your preferred trading platform as guided.

                By following these steps, traders can efficiently register, verify, and set up their trading accounts with Phyntex Markets.

                Source: WikiBit

                Source: WikiFX

                Source: Phyntex Markets

                Source: Phyntex Asia

                Source: TraderKnows

Phyntex Markets accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $ 25 by (2+) --.
Phyntex Markets Account