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Platinum FX Forex Broker keeps up-to-date with the latest trading account information, including ECN, Premium, MINI, MICRO maximum leverage of 1:500, trading varieties, and more

Rating Index

Pros

Competitive trading conditions with high leverage (up to 500:1).
Low minimum deposit requirement ($10) makes it accessible for new traders.
Supports a variety of trading instruments, including forex pairs, commodities, and cryptocurrencies.

Cons

Lack of regulation poses significant risks to traders, including potential fraud and loss of funds.
Mixed user reviews highlight concerns about customer service and withdrawal processes.
Potential for market manipulation due to the absence of oversight and transparency.

Platinum FX broker Accounts

ECN

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$2000
Minimum Spread
RAW
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Premium

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$500
Minimum Spread
From 1.0
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

MINI

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$100
Minimum Spread
From 1.2
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

MICRO

Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$10
Minimum Spread
From 1.2
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--

Platinum FX Account Type

Platinum FX offers four types of trading accounts designed to cater to different trading needs and levels of experience:

  • Micro Account
    • Minimum Deposit: $10
    • Leverage: Up to 1:500
    • Spread: Starts from 1.2 pips
    • Commission: No commission charged
    • Execution: Market execution
    • Swap-Free Options: Available
    • Mini Account
      • Minimum Deposit: $100
      • Leverage: Up to 1:500
      • Spread: Starts from 1.2 pips
      • Commission: No commission charged
      • Execution: Market execution
      • Swap-Free Options: Available
      • Premium Account
        • Minimum Deposit: $500
        • Leverage: Up to 1:500
        • Spread: Starts from 1.0 pips
        • Commission: No commission charged
        • Execution: Market execution
        • Swap-Free Options: Available
        • ECN Account
          • Minimum Deposit: $2,000
          • Leverage: Up to 1:500
          • Spread: Raw spreads
          • Commission: Yes, applicable
          • Execution: Market execution
          • Swap-Free Options: Available

          Additionally, Platinum FX provides a free demo account for traders to practice and familiarize themselves with the trading platform.

          Platinum FX Broker Account Opening Process

          To open an account with Platinum FX, follow these steps:

          • Visit the Official Website: Go to www.platinumfx.io.
          • Register an Account: Click on the “Sign Up” button on the homepage and fill in the required personal information, including your name, email, and phone number.
          • Verify Your Identity: After registration, complete the identity verification by submitting required documents such as a passport or driver's license.
          • Complete Your Profile: Log in to your account and fill in additional personal information, set up security options, and select your trading preferences.
          • Make a Deposit: Choose your preferred deposit method and complete the deposit process, ensuring you meet the minimum deposit requirement.
          • Start Trading: Once your deposit is confirmed, you can start trading using the provided trading platform.
          • For more details, you can refer to the original source: WikiFX.

Platinum FX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $2000 by (2+) --.
Platinum FX Account