Search

For more information about PXBT Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Software Index

Full License

License

FSA Offshore Regulated

PXBT Company

  

PXBT Company: A Comprehensive Overview

  

Company Overview

  

Founding Date and Background

  PXBT Company was founded in 2018, positioning itself as a modern brokerage firm focused on delivering innovative trading solutions and embedded finance infrastructure. The firm aims to democratize access to global capital markets, providing a range of trading services to individual and institutional clients alike.

  

Parent Company/Ownership Structure

  PXBT operates under the ownership of PXBT Trading Ltd, which is registered and regulated in Seychelles. The firm's structure is designed to facilitate a wide array of trading services while maintaining compliance with international standards.

  

Headquarters Location

  The company's headquarters is located in Ile du Port, Seychelles. This strategic location allows PXBT to operate under the jurisdiction of the Seychelles Financial Services Authority (FSA).

  

Global Business Scope

  PXBT provides trading services globally, catering to a diverse clientele. The firm offers access to various financial instruments, including forex, commodities, and indices, making it a versatile choice for traders across different regions.

  

Main Regulatory Bodies

  PXBT is regulated by the Seychelles Financial Services Authority (FSA) under license number SD162. This regulatory framework assures clients of the company's commitment to maintaining a secure and compliant trading environment.

  

Company History and Development

  

Key Milestones

  Since its inception, PXBT has achieved several key milestones, including the launch of its trading platform and the introduction of various financial instruments. The firm has continuously enhanced its services based on market demands and technological advancements.

  

Business Expansion Journey

  PXBT has steadily expanded its offerings, moving from a basic trading platform to a comprehensive suite of services that includes advanced trading tools and a variety of financial instruments. This growth has been fueled by a commitment to technology and customer service.

  

Customer Base Growth

  The company has seen significant growth in its customer base, attracting traders from various backgrounds. This growth is attributed to its user-friendly platform, competitive trading conditions, and 24/7 customer support.

  

Platform Development History

  PXBT utilizes the MetaTrader 5 (MT5) platform, which is known for its advanced trading capabilities. The platform has undergone continuous updates to enhance user experience, including mobile trading options and automated trading systems.

  

Important Awards or Recognitions Received

  While specific awards or recognitions have not been detailed in the available information, PXBT's commitment to providing quality services has garnered positive feedback from its users, contributing to its reputation in the industry.

  

Trading Services Offered

  

Forex Trading Options

  PXBT offers a variety of forex trading options, allowing clients to trade numerous currency pairs. The platform provides competitive spreads starting from 0.1 pips and leverage of up to 1:1000, catering to both novice and experienced traders.

  

Stock Trading Options

  Currently, PXBT does not offer direct stock trading options. Instead, the focus is on CFDs (Contracts for Difference) related to stock indices, which allows traders to speculate on price movements without owning the underlying assets.

  

CFD Trading Products

  The firm provides a wide range of CFD trading products, including forex, commodities, and indices. This enables traders to diversify their portfolios and take advantage of various market conditions.

  

Other Financial Instruments

  In addition to forex and CFDs, PXBT offers trading in commodities such as gold and crude oil. However, it does not currently support trading in cryptocurrencies, stocks, or ETFs, which may limit options for some traders.

  

Special Services or Unique Advantages

  PXBT emphasizes its commitment to providing a user-friendly trading experience with advanced tools and 24/7 customer support. The platform's integration with mobile devices allows users to trade on-the-go, enhancing accessibility.

  

  

Detailed Regulatory Information

  PXBT is regulated by the Seychelles Financial Services Authority (FSA), which oversees the company's operations under the retail forex license. This regulatory status provides a framework for ensuring compliance with industry standards.

  

  PXBT operates primarily as a single legal entity under the jurisdiction of Seychelles. This structure allows the firm to offer its services globally while adhering to the regulatory requirements of its home country.

  

Client Fund Protection Measures

  While specific details on client fund protection measures were not provided, being regulated by the FSA typically involves adhering to strict guidelines regarding the segregation of client funds and maintaining adequate capital reserves.

  

Countries/Regions Served

  PXBT serves a global clientele, although it does not accept clients from certain jurisdictions, including the United States and several European countries. This selective approach helps the firm manage regulatory compliance more effectively.

  

Compliance History

  The compliance history of PXBT is not extensively documented in the available information. However, being regulated by the FSA suggests a commitment to maintaining compliance with local laws and regulations.

  

Competitive Landscape

  

3-5 Main Competitors

  PXBT operates in a competitive landscape that includes several key players in the online trading industry. Notable competitors include:

  • eToro - Known for its social trading features and diverse asset offerings.
  • IG Group - A well-established broker offering a wide range of trading products and services.
  • Plus500 - Specializes in CFD trading with a user-friendly platform.
  • OANDA - Offers forex and CFD trading with a strong focus on technology and customer service.
  •   

    Positioning in the Industry

      PXBT positions itself as a modern brokerage that emphasizes technology, customer support, and competitive trading conditions. Its focus on forex and CFD trading appeals to a specific segment of the market, particularly active traders.

      

    Market Differentiation Factors

      PXBT differentiates itself through its user-friendly platform, competitive spreads, and leverage options. The commitment to providing 24/7 customer support and advanced trading tools further enhances its appeal among traders looking for a comprehensive trading experience.

      

    Conclusion

      In summary, PXBT Company has established itself as a notable player in the online trading industry since its founding in 2018. With a focus on forex and CFD trading, the firm offers various services designed to meet the needs of its diverse clientele. While it operates under the regulatory oversight of the Seychelles FSA, potential clients should consider the limitations in asset offerings and the implications of trading with an offshore broker. As the trading landscape continues to evolve, PXBT's commitment to innovation and customer service will be crucial in maintaining its competitive edge.

      Back to top