Panda Forex Broker

Panda Review SummaryFounded2010Registered Country/RegionIsraelRegulationNot regulatedProductsTrading platforms, CRM, PAMM/MAM systems, Crypto ETFsDemo Account✅Trading PlatformPanda app, SimpleX, CoomaSocial Trading✅Customer Support24/7 supportTel: +972-72-2111611Email: info@pandats.comSocial media: Facebook and LinkedinAddress: 145 Jaffa Road, Haifa, 3525114, IsraelPamelva Court, Kaningos and Anastasi Shoukri Streets, Limassol, Cyprus Panda, established in 2010, is allegedly a financial company registered in Israel. It offers many products like Web Trader, Mobile Applications, CRM, Panda Trader, Simplex, Social Trading, Financial Charts, Panda PAMM/MAM System, Panda Quote Engine (PQE), Crypto ETFs, IB Portal, Financial Widgets and Plugins. Besides, it also offers demo accounts. However, it is not regulated.Pros and ConsPros Cons Various products and servicesNot regulatedDemo accounts offeredDormant/inactivity fee chargedSocial trading24/7 supportIs Panda Legit? Regulated brokers are safer than unregulated ones. However, Panda is currently an unregulated broker, which means that clients' funds and trading activities are completely unprotected. Please be aware of the risk!Fees Panda charges a Dormant/Inactivity Fee on live accounts that have been funded but have not engaged in trading after a specified period. This fee is automatically applied through the Dormant/Inactivity Fee plugin.Trading PlatformTrading PlatformSupported Available Devices Suitable for Panda app✔Web, mobileExperienced tradersSimpleX✔Android, iOSBeginnersCooma✔Webtrader, Web Mobile, Android, and iOSExperienced tradersMT4❌/BeginnersMT5❌/Experienced traders