Pi Securities foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.pi.financial/en, about the company's legal and temporary regulatory information, the company's address Level 17,18,20,27 Sindhorn Tower 3 132 Wireless Road Lumpini Pathumwan Bangkok 10330.
Pi Securities Forex Broker
Basic Information
Thailand
2-5 years Suspicious Regulatory License MT4 Full License MT5 Full License High potential riskCompany profile
Rating Index
Pi Securities Forex Broker - Complete Information Guide
1. Broker Overview
Pi Securities Public Company Limited, established within the last 2 to 5 years, is a financial institution based in Bangkok, Thailand. The company operates as a private entity and serves a diverse clientele, including individual investors and institutional clients. Pi Securities is recognized as a member of the Stock Exchange of Thailand (SET), holding broker member number 3 and regulated by the Securities and Exchange Commission (SEC) of Thailand.
The firm offers a wide range of investment and banking services, from personal client services to institutional investment and investment banking. Pi Securities has a notable history, leveraging over 40 years of experience through its predecessor brands, to cater to the most active traders in the Thai market across various asset classes, including equities and derivatives.
The business model of Pi Securities encompasses retail forex trading, institutional services, and a proprietary mobile application designed to simplify investment processes for its users. This dedication to enhancing customer experience through technology is a significant milestone in its development.
2. Regulatory and Compliance Information
Pi Securities operates under the regulatory framework of the Securities and Exchange Commission (SEC) of Thailand. However, it is crucial to note that the broker is currently non-regulated, which raises concerns regarding investor protection. The lack of a valid regulatory license means that clients may not have the same level of security as they would with a regulated broker. The absence of regulatory oversight can lead to potential risks for clients, as there are no established guidelines or protections in place to safeguard their investments.
The company does not participate in any investor compensation schemes, which further emphasizes the risks associated with trading through Pi Securities. Additionally, the firm implements Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to ensure that it adheres to legal standards, although the effectiveness of these measures cannot be guaranteed without proper regulatory supervision.
3. Trading Products and Services
Pi Securities offers a variety of trading products, primarily focusing on forex trading. The broker provides access to major, minor, and exotic currency pairs, allowing traders to engage in a diverse trading environment. In addition to forex, Pi Securities offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.
The broker is known for its regular updates to its product offerings, ensuring that clients have access to the latest market trends and investment opportunities. Retail trading services are complemented by institutional client services, where Pi Securities caters to the unique financial requirements of businesses and large investors.
Furthermore, Pi Securities provides white-label solutions for businesses looking to enter the forex trading market under their brand. Asset management services are also available, giving clients the opportunity to have their investments managed by professionals.
4. Trading Platforms and Technology
Pi Securities supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are popular choices among traders for their user-friendly interfaces and advanced trading capabilities. The MT4 platform offers a range of technical indicators and automated trading options, while MT5 provides additional features and a broader range of trading instruments.
In addition to these platforms, Pi Securities has developed its proprietary trading application, which allows users to manage their investments seamlessly. The application is available for both iOS and Android devices, enhancing the accessibility of trading services for clients on the go.
The broker employs an ECN (Electronic Communication Network) execution model, which facilitates direct market access and ensures that clients receive competitive pricing. The technical infrastructure of Pi Securities is supported by robust server locations, contributing to reliable trade execution and minimal downtime.
5. Account Types and Trading Conditions
Pi Securities offers various account types to cater to the needs of different traders. The standard account features a minimum deposit requirement, competitive spreads, and zero commissions on trades. For more experienced traders, there are advanced account options available, such as VIP or professional accounts, which may offer additional benefits like lower spreads and higher leverage.
The broker also provides demo accounts for clients to practice trading strategies without risking real capital. Leverage ratios vary depending on the asset class, allowing traders to choose the level of risk they are comfortable with. The minimum trade size and overnight fees are clearly outlined in the account terms, ensuring transparency for all clients.
6. Fund Management
Pi Securities supports multiple deposit methods, including bank transfers, credit cards, and e-wallets, making it convenient for clients to fund their accounts. The minimum deposit requirements vary by account type, but they are generally accessible for most retail traders.
Deposits are processed promptly, typically within 10 to 15 minutes, while withdrawals are handled efficiently, with same-day processing for requests made before a specified cutoff time. Importantly, Pi Securities does not charge any fees for deposits or withdrawals, enhancing the cost-effectiveness of trading.
Withdrawal methods are straightforward, and clients can expect clear communication regarding any limitations or fees associated with their transactions.
7. Customer Support and Educational Resources
Customer support at Pi Securities is available through various channels, including phone, email, online chat, and social media platforms. The support team operates during standard business hours, providing assistance in multiple languages to cater to a diverse clientele.
The broker also offers a range of educational resources, including webinars, tutorials, and e-books, aimed at enhancing traders' knowledge and skills. Market analysis services are provided regularly, featuring daily reports, news updates, and research documents to help clients make informed trading decisions.
Additionally, Pi Securities offers trading tools such as calculators and economic calendars to assist clients in their trading activities.
8. Regional Coverage and Restrictions
Pi Securities primarily serves the Thai market but has aspirations to expand its reach to other regions. The broker has a physical presence in Bangkok, Thailand, where it operates from its headquarters.
However, there are specific countries and regions from which Pi Securities does not accept clients, including the United States, Singapore, and Hong Kong SAR. These restrictions are in place to comply with local regulations and ensure that the broker operates within legal boundaries.
In conclusion, while Pi Securities offers a range of financial products and services, potential clients should carefully consider the risks associated with trading through a non-regulated broker. The information provided in this guide serves to inform prospective traders about the offerings and operational status of the Pi Securities broker.