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Pioneer Markets Forex Broker keeps up-to-date with the latest trading account information, including EXPERT, PLATINUM, ADVANCED, STANDARD, VIP maximum leverage of 1:200, trading varieties, and more

Rating Index

Pros

User-friendly web-based trading platform accessible from various devices.
Wide range of assets available for trading, including forex, cryptocurrencies, and commodities.
Dedicated account manager and trading signals provided for all account types, enhancing support for traders.

Cons

Unregulated broker operating from a jurisdiction with no oversight, raising concerns about fund safety.
High minimum deposit requirement of €500, which may be prohibitive for beginner traders.
Lack of a demo account for practice, limiting opportunities for new traders to familiarize themselves with the platform before investing real money.

Pioneer Markets broker Accounts

EXPERT

Environment
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Currency
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Maximum Leverage
1:200
SupportedEA
Minimum Deposit
€250,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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PLATINUM

Environment
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Currency
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Maximum Leverage
1:100
SupportedEA
Minimum Deposit
€100,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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ADVANCED

Environment
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Currency
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Maximum Leverage
1:40
SupportedEA
Minimum Deposit
€25,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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STANDARD

Environment
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Currency
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Maximum Leverage
1:20
SupportedEA
Minimum Deposit
€10,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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VIP

Environment
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Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
€500,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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Pioneer Markets Account Type

Pioneer Markets offers six different account types tailored to various trading needs and investment levels. The account types are as follows:

  • Basic Account: Minimum deposit of €500.
  • Silver Account: Minimum deposit of €10,000.
  • Gold Account: Minimum deposit of €100,000.
  • Platinum Account: Minimum deposit of €250,000.
  • Diamond Account: Minimum deposit of €500,000.
  • Millionaire Club Account: Minimum deposit of €1,000,000.
  • Each account type requires a progressively higher minimum deposit, catering to both novice and experienced traders. However, it is important to note that Pioneer Markets is an unregulated broker, which raises concerns about the safety of funds and trading conditions.

    Pioneer Markets Broker Account Opening Process

    To open an account with Pioneer Markets, follow these steps:

    • Press "Open Account": Navigate to the Pioneer Markets website and click the "Open Account" button.
    • Complete the Application Form: Fill out the online application form with your personal information.
    • Deposit Funds: Choose a payment method (credit card or wire transfer) to make your minimum required deposit based on the account type you select.
    • Start Trading: Once your account is funded, you can begin trading on the platform.
    • Pioneer Markets does not offer a demo account, which is a significant drawback for potential traders looking to test the platform before committing real funds.

Pioneer Markets accounts can be viewed for products that can be traded -- accounts with a minimum deposit of €250,000 by (2+) --.
Pioneer Markets Account