PPLS Forex Broker

Note: PPLS' official website - https://www.pplinksecurities.com is currently inaccessible normally.PPLSReview SummaryFounded2000Registered Country/RegionCambodiaRegulationSERC (Suspicious Clone)Trading ProductCambodian stocks, equity CFDsDemo Account/Leverage/Trading PlatformMT5Min Deposit/Customer SupportTel: +855963079979Email: info@pplinksecurities.com Founded in 2000, PPLS is a broker registered in Cambodia, offering trading in Cambodian stocks and equity CFDs on the MT5 platform.Pros and ConsProsConsMT5 supportedInaccessible websiteSuspicious clone SERC licenseLimited tradable asset classesHigh brokerage feesLimited payment optionsIs PPLS Legit? The legitimacy of Dorman Trading's claim to have a license from the Cambodia Securities and Exchange Commission (SERC) has not been revealed, since there are questions about whether its license might be dishonest.Regulated CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense NumberSecurities and Exchange Regulator of Cambodia (SERC)Suspicious ClonePP Link Securities Co.,ltdCommon Financial Service LicenseUnreleasedWhat Can I Trade on PPLS?Trading AssetAvailableCambodian stocks✔Equity CFDs✔Forex❌Commodities❌Indices❌Cryptocurrencies❌Fees For trading Cambodian stocks and equity CFDs, PPLS charges a range of fees, with different structures for each kind of instrument. Cambodian Stocks The trading hours are Monday to Friday, from 9:00 to 16:00 GMT, excluding Cambodian public holidays. Traders are subject to a trading fee of 0.67% of the transaction value, with a minimum commission of 4,000 Cambodian Dollars (equivalent to approximately US$1). Equity CFDs When trading equity CFD contracts, traders are charged a commission based on the contract value, set at 0.17% of the contract value. However, there is also a minimum commission threshold of $5, which ensures that fees do not disproportionately burden smaller transactions. Transactions below this threshold are charged at the minimum commission level. Additionally, overnight holding costs apply to equity CFDs, with long positions incurring a cost of -2.5% per annum and short positions incurring a cost of -0.5% per annum. Notably, overnight costs for Friday are calculated at triple the usual rate to account for weekend holding periods.Trading ProductTrading Fee Min CommissionOvernight Holding CostTrading HoursCambodian Stocks0.67% of transaction value4,000 Cambodian Dollars (approx. US$1)/Monday to Friday, 9:00 to 16:00 GMT, excluding Cambodian public holidaysEquity CFDs0.17% of contract value$5Long positions: -2.5% per annumMonday to Friday, 24 hours, excluding Cambodian public holidaysShort positions: -0.5% per annumTriple rate for holding positions over weekendsTrading Platform Clients of PPLS have access to the MetaTrader 5 (MT5) platform, a well-known and stable trading platform in the market.Trading PlatformSupported Available Devices Suitable for MT5✔Desktop, Mobile, WebExperienced tradersMT4❌Desktop, Mobile, WebBeginnersDeposit and Withdrawal Clients have two options for depositing funds into their PPLS accounts. The first method enables customers to make deposits directly from their bank accounts, with customer service assistance throughout the process. The second method involves transferring funds from the investors account to PPLS through specified channels within the mall. To withdraw funds from their PPLS accounts, clients can send a withdrawal request via email.