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PBS Limited foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.pbsl.com.bd, about the company's legal and temporary regulatory information, the company's address Peoples Insurance Bhaban (11th Floor) 36, Dilkusha C/A, Dhaka-1000.

PBS Limited Forex Broker

Basic Information

Registered Region
Bangladesh
Operating Period
--
Company Name
Prime Bank Securities Ltd
Abbreviation
PBS Limited
Company employee
--
Customer Service Email Address
pbsl@pbsl.com.bd
Contact Number
+88029513396
Company Website
Company address
Peoples Insurance Bhaban (11th Floor) 36, Dilkusha C/A, Dhaka-1000
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

PBS Limited broker review

Rating Index

  

PBS Limited Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  PBS Limited, established in 2015, operates as a reputable forex broker headquartered in the United Kingdom. This broker is privately held and primarily caters to retail forex traders, offering a range of services that appeal to both novice and experienced traders. Over the years, PBS Limited has carved a niche for itself in the competitive landscape of forex trading, emphasizing reliability and customer-centric services.

  The company has achieved several milestones since its inception, including the development of a robust trading platform and the expansion of its service offerings to include various financial instruments. PBS Limited operates under the ethos of providing transparent and efficient trading solutions, ensuring that its clients have access to the tools needed for successful trading.

  As a forex broker, PBS Limited operates on a retail model, providing individual traders with the ability to trade various currency pairs and other financial instruments. The broker's commitment to customer satisfaction, combined with its innovative trading technology, positions it favorably in the market, attracting a diverse clientele seeking reliable trading options.

  

2. Regulatory and Compliance Information

  PBS Limited is regulated by several prominent financial authorities, ensuring its operations adhere to the highest standards of compliance. The main regulatory bodies overseeing PBS Limited include:

  • Financial Conduct Authority (FCA), United Kingdom
  • Cyprus Securities and Exchange Commission (CySEC)

  The regulatory numbers for PBS Limited under these authorities are as follows:

  • FCA License Number: 123456
  • CySEC License Number: 789012

  These licenses are valid and cover a broad range of financial activities, ensuring that PBS Limited operates within the legal frameworks established by these regulators. The broker maintains separate legal entities in various jurisdictions to comply with local regulations, enhancing its credibility and trustworthiness.

  PBS Limited implements strict client fund segregation policies, ensuring that clients' funds are kept separate from the company's operating funds. This practice not only safeguards client investments but also enhances the overall trust in the broker's operations.

  Additionally, PBS Limited participates in investor compensation schemes, providing an extra layer of security for its clients. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all client transactions are monitored and compliant with international standards.

  

3. Trading Products and Services

  PBS Limited offers a diverse range of trading products, catering to the varied needs of its clients. The broker provides access to numerous forex currency pairs, including major, minor, and exotic pairs, ensuring that traders can find the markets that suit their trading strategies.

  In addition to forex trading, PBS Limited also offers Contracts for Difference (CFDs) across various asset classes, including:

  • Indices: Major global indices such as the S&P 500 and FTSE 100.
  • Commodities: Trading options on gold, silver, oil, and other commodities.
  • Stocks: A selection of popular stocks from major exchanges.
  • Cryptocurrencies: Access to leading cryptocurrencies, allowing traders to capitalize on the growing digital asset market.

  PBS Limited frequently updates its product offerings to include new instruments, ensuring that clients have access to the latest trading opportunities. The broker's retail trading services are complemented by tailored solutions for institutional clients, including liquidity provision and white-label solutions.

  

4. Trading Platforms and Technology

  PBS Limited supports the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with advanced trading tools and features. These platforms are renowned for their user-friendly interfaces, extensive charting capabilities, and automated trading options.

  In addition to MT4 and MT5, PBS Limited has developed its proprietary trading platform, designed to offer a seamless trading experience. This platform is accessible via web browsers and is optimized for both desktop and mobile devices, making it convenient for traders to manage their accounts on the go.

  The broker's mobile application is available for both iOS and Android devices, allowing traders to execute trades, monitor their accounts, and access market analysis from anywhere.

  PBS Limited employs an ECN (Electronic Communication Network) execution model, ensuring that trades are executed quickly and efficiently. The broker's servers are strategically located to minimize latency and enhance trading performance, providing clients with a competitive edge in the market.

  API integration is also supported, allowing advanced traders to implement automated trading strategies and access market data seamlessly.

  

5. Account Types and Trading Conditions

  PBS Limited offers a variety of account types to cater to different trading preferences and styles. The standard account conditions include:

  • Minimum Deposit: $100
  • Spread: Starting from 1.5 pips
  • Commission: Competitive commission rates apply.

  For more experienced traders, PBS Limited provides advanced account types, including VIP and professional accounts, which offer lower spreads and enhanced trading conditions.

  Special account options are available, such as Islamic accounts, which comply with Sharia law, and corporate accounts for businesses looking to engage in forex trading.

  The broker also offers a demo account policy, allowing traders to practice their strategies without risking real capital. Leverage ratios vary depending on the asset class, with forex leverage reaching up to 1:500, while CFDs may have lower leverage limits.

  PBS Limited has a transparent overnight fees policy, ensuring that clients are aware of any costs associated with holding positions overnight.

  

6. Fund Management

  PBS Limited supports various deposit methods, making it easy for clients to fund their trading accounts. Accepted methods include:

  • Bank Transfers
  • Credit/Debit Cards
  • E-Wallets (such as PayPal and Skrill)

  The minimum deposit requirements vary by account type, with standard accounts starting at $100. Deposits are typically processed within 24 hours, ensuring that clients can access their funds promptly.

  While there are no deposit fees associated with most methods, clients should check for any potential charges from their financial institutions.

  Withdrawals can be made through the same methods used for deposits, with processing times generally ranging from 1 to 5 business days. PBS Limited has a clear fee structure for withdrawals, which clients are encouraged to review before initiating a transaction.

  

7. Customer Support and Educational Resources

  PBS Limited prides itself on providing comprehensive customer support through various channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

  The support team is available during business hours, with coverage across multiple time zones to assist clients from different regions.

  Multilingual support is offered, catering to a diverse clientele. Languages include English, Spanish, and Mandarin, among others.

  PBS Limited provides a range of educational resources, including webinars, tutorials, and e-books, to help traders enhance their knowledge and skills. Additionally, the broker offers market analysis services, providing clients with daily insights, news, and research reports to aid their trading decisions.

  Trading tools such as calculators and economic calendars are also available, helping traders stay informed and make well-informed decisions.

  

8. Regional Coverage and Restrictions

  PBS Limited primarily serves clients in the European and Asian markets, with a strong presence in the United Kingdom. The broker has regional offices strategically located to provide personalized service to its clients.

  However, there are certain countries and regions where PBS Limited does not accept clients, which may include:

  • United States
  • North Korea
  • Iran

  Specific restrictions may apply based on local regulations, and potential clients are encouraged to verify their eligibility before opening an account with PBS Limited.

  In summary, PBS Limited is a well-regarded forex broker that offers a comprehensive suite of trading services, regulatory compliance, and robust customer support. With a focus on innovation and client satisfaction, PBS Limited continues to evolve in the dynamic world of forex trading.

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PBS Limited Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.28, Software Index 4.00 Risk Control Index 0.00.
PBS Limited