Pipspool Forex Broker

PipspoolReview SummaryFounded2024Registered Country/RegionComorosRegulationFCA ( Exceeded )Market InstrumentsForex, CFDs, Indices, Metals, Commodities, Shares, etc.Demo Account✅Leverage/SpreadFrom 0.0 pipsTrading PlatformMT5Min Deposit/Customer SupportTel: +27 (0) 31 830 5536Email: info@pipspool.comAddress: Hamchaku, Mutsamudu, The Autonomous island of Anjouan, Union of ComorosPipspool LLC. 2, Ncondo Place, Ringside, Umhlanga Ridge Durban, 4320, South Africa Pipspool was founded by Pipspool LLC in Comoros in 2024. It provides many trading assets, including Forex, CFDs, Indices, Metals, Commodities, and Shares with spread from 0.0 pips via the MT5 platform. However, its regulatory status is exceeded.Pros and ConsPros Cons Various trading assetsExceeded regulationOffer demo accountsRelatively newMultiple account typesLack of transparencyPopular trading platform MT5Is Pipspool Legit?Regulatory Status Exceeded Regulated by Financial Conduct Authority (FCA)Licensed Institution Pipspool LLCLicensed TypeCommon Business RegistrationLicensed Number15947867 No, Pipspool's regulation is exceeded. The license type is common business registration. But Pipspool has many trading assets. Traders should be careful.What Can I Trade on Pipspool? Traders can access 1000+ instruments, including Forex, CFDs, Indices, Metals, Commodities, Shares and more.Tradable Instruments Supported Forex✔CFDs✔Indices✔Metals✔Commodities✔Shares✔Cryptos❌Bonds❌Options ❌ETFs❌Account Type Pipspool offers three account types: Basic, Professional and Business. It also offers demo accounts.Account TypeFeeBasic$39 per monthProfessional$69 per monthBusiness$99 per monthTrading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Mobile, desktop, and webExperienced tradersMT4❌/Beginners