Company profile
PINE FX MARKETSReview SummaryFounded2024-02-23Registered Country/RegionAustraliaRegulationSuspicious CloneMarket InstrumentsCurrency Pairs, Commodities, Indices, CryptocurrenciesDemo Account❌LeverageUp to 1:500SpreadAs low as 0 pipsTrading PlatformMT4(Desktop/Mobile)Min Deposit$10Customer SupportPhone: +01-246-357(Any time 24/7)Email: contact@transp.eu.comSocial Media: Facebook, Twitter, YouTube, etc.PINE FX MARKETS Information PINE FX MARKETS is a forex trading broker. The tradable instruments, with four account types with a maximum leverage of 1:500, include commodities, indices, cryptocurrencies, and over 50 currency pairs. The minimum spread is from 0 pips and the minimum deposit is $10. PINE FX MARKETS is still risky due to its suspicious clone status, high leverage, and unspecific withdrawal information.Pros and ConsPros Cons 24/7 customer supportSuspicious CloneMT4 availableDemo account unavailableLeverage up to 1:500No specific withdrawal informationSpread as low as 0 pipsVarious assets: currency pairs, commodities, etc.Is PINE FX MARKETS Legit? ASIC regulates PINE FX MARKETS, but the suspicious clone status makes it less safe than regulated brokers.What Can I Trade on PINE FX MARKETS? Traders can choose different investment directions because the broker provides over 50 currency pairs along with commodities, indices, and cryptocurrencies.Tradable Instruments Supported Currency Pairs✔Commodities✔Indices✔Cryptocurrencies✔Precious Metals❌Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type PINE FX MARKETS has four types of accounts: Classic, ECN, Standard, and Pro. The standard account's minimum spread is up to 2.8 pips and the Pro account's minimum deposit reaches $10000. Traders who want low spreads and low leverage can open an ECN account. Those who prefer low deposits can choose a classic or standard account.Account Type ClassicECNStandardProMinimum Deposit$10$300$10$10000Available CurrenciesUSDUSDUSDUSDSpreads From1.9 pips0.2 pips2.8 pips0.1 pipsMax Leverage1:5001:4001:5001:400PINE FX MARKETS Fees The spread is from 0 pips, and the classic account's commission is free.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform PINE FX MARKETS has an authoritative MT4 trading platform accessible on desktop and mobile. Compared with MT5, junior traders prefer MT4.Trading PlatformSupported Available Devices MT4✔Desktop/MobileDeposit and Withdrawal The minimum deposit is $10.Customer Support Options PINE FX MARKETS provides 24/7 phonesupport, and traders can contact the broker via phone, email, and social media. Working hours are 8:00-17:00, Mon-Sat.Contact Options DetailsPhone +01-246-357 (Any time 24/7)Email contact@transp.eu.comSocial Media Facebook, Twitter, YouTube, etc.Supported Language EnglishWebsite Language EnglishPhysical Address 4517 Washington Ave.Manchester,Kentucky 39495
Is PINE FX MARKETS safe or scam
Archald
Malaysia
I appreciate the wide variety of trading instruments they offer. The option to trade forex pairs, CFDs on precious metals, cryptocurrencies, and more on their web-based platform suits my trading style. The leverage of 1:500 provides flexibility, allowing me to control larger positions. Although the website lacks some information, the overall experience has been positive. I find their platform user-friendly, and the diverse range of trading instruments aligns with my preferences.
37130
2023-12-07