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PipsMasterPro Forex broker specializes in providing foreign exchange trading services, the company's official website https://pipsmasterpr..., the company's legitimate regulatory information United KingdomFCAMarket Maker (MM) to enhance the security of the company's address

PipsMasterPro Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
PipsMasterPro Ltd
Abbreviation
PipsMasterPro
Company employee
--
Customer Service Email Address
support@pipsmasterpro.org
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Prema Capital Forex Broker - Complete Information Guide

  

1. Broker Overview

  Prema Capital is a corporate finance and investment house founded in 2000, primarily focusing on mid-market companies with transaction values typically up to $100 million. The company's headquarters is located in Central, Hong Kong Island, Hong Kong. As a private entity, Prema Capital operates within the financial services sector, offering a range of investment solutions and financial advisory services.

  The broker serves a diverse client base, including institutional investors, corporations, and high-net-worth individuals, aiming to meet their strategic and financial objectives through tailored investment strategies. Over the years, Prema Capital has established itself as a key player in the corporate finance landscape, emphasizing direct investments, mergers and acquisitions, strategic partnerships, and project financing.

  Prema Capital has developed a reputation for its efficient transaction processes and deep understanding of the market dynamics affecting its clients. The firm values teamwork and collaboration, engaging with clients to understand their unique needs and ambitions. The business model of Prema Capital encompasses both retail forex trading and institutional services, positioning it well within the competitive financial market.

  

2. Regulatory and Compliance Information

  Prema Capital operates under a framework that lacks oversight from major regulatory bodies, which raises concerns about its legitimacy. The broker is not authorized or regulated by any recognized financial authority, leading to a classification as an unregulated broker. This absence of regulation poses significant risks to clients, as there are no safeguards in place to protect their investments.

  The lack of regulatory oversight means that Prema Capital does not have a regulatory license number or any valid permits for conducting trading services. Consequently, the firm does not participate in investor compensation schemes, which typically provide a safety net for clients in case of broker insolvency.

  Prema Capital does not disclose its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, further compounding the risks associated with trading through this broker. This lack of transparency is a red flag for potential clients considering engaging with Prema Capital.

  

3. Trading Products and Services

  Prema Capital offers a limited range of trading products primarily focused on the forex market. The broker provides access to a selection of currency pairs, including major, minor, and exotic pairs. However, the exact number of forex pairs available for trading is not specified.

  In addition to forex trading, Prema Capital may offer Contracts for Difference (CFDs) on various asset classes, including commodities and shares. However, the absence of information on indices and cryptocurrencies indicates a restricted product offering, which may not meet the diverse needs of all traders.

  The broker's product range is updated infrequently, and there are no indications of unique trading instruments being offered. This limited selection may deter potential clients looking for a broader array of investment opportunities. Prema Capital primarily targets retail traders while also providing services to institutional clients, although specific offerings for institutional services are not detailed.

  

4. Trading Platform and Technology

  Prema Capital supports the MetaTrader 5 (MT5) trading platform, which is known for its advanced trading features and user-friendly interface. The MT5 platform can be accessed on various devices, including Windows, Mac, iOS, and Android, allowing traders to operate seamlessly across different environments.

  While Prema Capital does not appear to offer a proprietary trading platform, the MT5 platform provides essential functionalities such as one-click trading, advanced charting tools, and automated trading capabilities. The broker does not disclose information regarding the execution model it employs, whether it be ECN, STP, or Market Making.

  Furthermore, details regarding server locations and the technological infrastructure supporting the trading environment are not provided, which may raise concerns about the reliability and speed of trade execution. The absence of API access for automated trading solutions limits the options available for algorithmic traders.

  

5. Account Types and Trading Conditions

  Prema Capital offers a variety of trading accounts tailored to different types of traders. The standard account requires a minimum deposit of $250, with specific trading conditions such as spreads and commissions not disclosed.

  For more experienced traders, the broker may provide advanced account types, although details on VIP or professional accounts are not specified. Additionally, there are no indications of special accounts, such as Islamic accounts or corporate accounts, being available.

  The broker does offer a demo account policy, allowing potential clients to familiarize themselves with the trading environment before committing real funds. The leverage ratios applicable to different products are not detailed, which is crucial for traders to understand their risk exposure. The minimum trade size and overnight fees also remain unspecified, creating uncertainty around the trading conditions.

  

6. Fund Management

  Prema Capital supports a range of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirement varies depending on the account type, with the standard account starting at $250.

  Deposit processing times are not clearly stated, which can affect traders' ability to access their funds promptly. Furthermore, information regarding deposit fees is not provided, leaving potential clients uncertain about the costs associated with funding their accounts.

  Regarding withdrawals, Prema Capital does not specify the withdrawal methods available, nor does it outline any restrictions that may apply. The processing times for withdrawals are also not disclosed, which can significantly impact clients' liquidity. Additionally, the fee structure associated with withdrawals remains unclear, posing further challenges for clients managing their funds.

  

7. Customer Support and Educational Resources

  Prema Capital offers customer support through various channels, including email and online chat. However, the absence of phone support may limit accessibility for clients seeking immediate assistance. The service hours and time zone coverage are not specified, which can affect the quality of support provided.

  The broker claims to support multiple languages, although the specific languages offered are not detailed. This could potentially cater to a diverse clientele, enhancing communication with clients from different regions.

  In terms of educational resources, Prema Capital provides limited offerings. The availability of webinars, tutorials, and eBooks is not confirmed, which may hinder novice traders looking for guidance. Market analysis services, including daily reports and research, are also not mentioned, leaving clients without critical insights into market trends. Additionally, trading tools such as calculators and signal services are not specified.

  

8. Regional Coverage and Restrictions

  Prema Capital primarily targets the Chinese market, although it does not explicitly detail its main service markets. The broker's regional office distribution is not provided, which can affect its ability to cater to clients in various locations.

  While there are no specified countries or regions from which clients are rejected, potential investors should exercise caution when dealing with unregulated brokers. The absence of clear restrictions may expose clients to various risks associated with trading in jurisdictions that lack adequate regulatory frameworks.

  In summary, potential clients considering Prema Capital as their forex broker should be aware of the significant risks associated with trading through an unregulated entity. The lack of transparency regarding regulatory oversight, trading conditions, and customer support may lead to unfavorable trading experiences. As with any investment, thorough due diligence and careful consideration of the risks involved are essential.

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Latest Reviews

ying352

ying352

Authenticated

Taiwan

Three months ago, I met an online friend via Instagram. At first, our chats were quite casual until they introduced me to gold investing on a platform called pipsMasterPro. Last December, I stepped into trading with an initial deposit of 680 USDT. Aspiring for more profits, I added 4533 USDT in January and 20047 USDT in February. The friend advised me that a larger trading account could ensure a more stable and profitable trading experience, so in March, I made an additional deposit of 1505 USDT. They also pitched in with 56000 USDT for trading purposes. Withdrawals worked smoothly from last December until March 9th this year. However, when the friend claimed they needed their deposited funds back on March 10th and asked for my assistance in withdrawal, it came to light that I had to cover IRD-related taxes to proceed with the withdrawal. But with all my available funds tied up in the pipsMasterPro platform, I don't have any spare cash for tax payment. The friend constantly pushes me to take out a loan, but I'm hesitant, considering my pending loan repayments. Plus, there's an increasing worry in me of being tricked.

Exposure

03-15

FX5226159492

FX5226159492

Taiwan

I met a net friend on IG named "One Way South," with the Line ID: lucky-077. Initially, our chats were unrelated to photos or videos, focusing mainly on investment. As we chatted daily, he mentioned investing in a gold trading platform. At first, I only deposited 20,000 yuan, and he allowed me to withdraw funds twice, gradually lowering my guard. Later, he encouraged me to participate in a bonus activity and proactively topped up my account to meet the event's requirements because my funds were insufficient. Once entered, the activity could not be canceled. Wanting to quickly meet the target of completing 100 ounces for withdrawal, I found out that I had to pay a verification fee to proceed with the withdrawal after reaching the target. Then, he even suggested I take out a loan to complete the verification so that I could withdraw the funds.

Exposure

01-10

PipsMasterPro Forex Broker has an overall rating of 1.14, Regulatory Index 0.00, License Index 0.00, Business Index 4.15, Software Index 4.00 Risk Control Index 0.00.
PipsMasterPro