Pentad Forex Broker

Registered in India Regulated by No effective regulation at this time Year(s) of establishment 2-5 years Trading instruments Equity, mutual funds, gold, derivatives, currency, commodity, other financial products Minimum Initial Deposit Information not available/$100 Maximum Leverage Information not available/1:500 Minimum spread Information not available/0.0 pips onwards Trading platform Information not available/MT4, MT5, own platform Deposit and withdrawal method Information not available / Bank wire transfer Customer Service Email/phone number/address/live chat Fraud Complaints Exposure Yes/No for now General information and regulations of Pentad Pentad Securities is in the brokerage and distribution business of financial products, with no current effective regulation. In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance. Market instruments Equity, mutual funds, gold, derivatives, currency, commodity, other financial products.....Pentad allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Pentad. Spreads and commissions for trading with Pentad Pentad does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Pentad, we recommend that you take the time to calculate these transaction costs. Account Types for Pentad There seems to be 2 types of account: global equities and trading&demat account, but further details are not revealed. Demo account is also not available. Trading platforms offered by Pentad Pentad does not give information about its trading platform, but from the peers and the website as a whole, it should be a trading platform developed by itself. Leverage offered by Pentad You can't find information about trading leverage on Pentad's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage. Deposit and withdrawal methods and fees Pentad is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation. Educational resources A series of educational resources is available at Pentad, such as videos and blogs. Customer support of Pentad Below are the details about the customer service. Language(s): English Email: dubai.office@pentad.in Phone Number: +971 52 904 4465 Address: Port Saeed Road – City Avenue opp Deira City Center – Suite 601 Post box No 21416 – Dubai – United Arab Emirates. Social media: Facebook, Instagram, LinkedIn, YouTube, twitter Users exposures on WikiFX On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you. Advantages and disadvantages of Pentad Advantages: Many instruments available Disadvantages: Complaints No effective regulation Few information available Frequent asked questions about Pentad Is this broker well regulated？ No, it is currently not effectively regulated and you are advised to be aware of its potential risks.