Palm Global Forex Broker

Palm GlobalReview SummaryFounded2023Registered Country/RegionBahamasRegulationOffshore regulationMarket InstrumentsOver 40 currency pairs, commodities and precious metalsDemo Account✔LeverageUp to 1:200SpreadStarting from 0.17 pipsTrading PlatformMetaTrader 4Min Deposit$100Customer SupportPhone: +44 203 1502654Email: info@palmglobalcapital.comPhysical Address: Trinity Place Annex Corner Frederick and Shirley Streets, Nassau, Bahamas Palm Global Capital Ltd.Palm Global Information Palm Global Ltd is a global forex and CFD broker, authorised and regulated by the Securities Commission of the Bahamas, license number SIA-F191. Founded by an experienced and dedicated team of online finance professionals.Pros and ConsProsConsDiversified trading productsOffshore regulationSupport MT4Various accountsNo hidden costsIs Palm Global Legit? It is clear that Palm Global is offshore regulated by the Securities Commission of the Bahamas, license number SIA-F191.What Can I Trade on Palm Global? Palm Global offers traders the opportunity to trade a wide range of markets, including over 40 currency pairs, commodities and precious metals.Account Types Palm Global offers a total of 5 different types of accounts to traders - Standard accounts, Gold accounts, VIP accounts , ECN accounts and demo accounts.STANDARDGOLDVIPECNMinimum deposit$100$ 1,000$ 5,000$ 10,000EURUSD spread (average 24hrs)1.571.170.770.17CommissionsNoNoNoYesMinimum trade size in lots0.010.010.010.01Maximum leverage*200:1200:1200:1100:1Hedging allowedYesYesYesYesEAs allowedYesYesYesYesPalm Global Fees Palm Global claims to offer low spreads and split spreads overview by market and account type. The spread shown for indices and commodities is the in-hours spread, which is the minimum spread they quote for these symbols. The EURUSD average spread for standard account is 1.57 pips. Gold account is 1.17 pips. For VIP account, it is 0.77 and ECN account is 0.17 pips.Trading Platform Aifactor's trading platform is MT4, which supports traders on the web and mobile.Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Web, MobileBeginnerMT5❌Deposit and Withdrawal The broker supports four payment methods, including credit cards, wire transfers, and web money. DepositDescriptionCurrenciesMinimumMaximumTransaction TimeBank transferUSD, EUR, GBP150No maxUp to 5 working days WithdrawalDescriptionCurrenciesMinimum*Transaction TimeBank transferUSD, EUR, GBP100Up to 5 working days