PPLS Forex broker specializes in providing foreign exchange trading services, the company's official website http://www.pplinksecurities.com/ssmDemo01/indexController/tiaozhuanzhuce, the company's legitimate regulatory information CambodiaSERCCommon Financial Service License, to enhance the security of the company's address Golden Tower(5/F),St.215,Sangkat Vealvong, Khan7 Makara,Phnom Penh,Kingdom of Cambodia.
PPLS Forex Broker
Basic information
Cambodia
5-10 years Suspicious Regulatory License White label MT5 Global Business Suspicious Overrun High potential riskCompany profile
Note: PPLS' official website - https://www.pplinksecurities.com is currently inaccessible normally.
PPLSReview SummaryFounded in 2000, PPLS is a broker registered in Cambodia, offering trading in Cambodian stocks and equity CFDs on the MT5 platform.
Pros and Cons
| Pros | Cons |
| MT5 supported | Inaccessible website |
| Suspicious clone SERC license | |
| Limited tradable asset classes | |
| High brokerage fees | |
| Limited payment options |
Is 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 Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
| Securities and Exchange Regulator of Cambodia (SERC) | Suspicious Clone | PP Link Securities Co.,ltd | Common Financial Service License | Unreleased |
What Can I Trade on PPLS?
| Trading Asset | Available |
| Cambodian 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 Product | Trading Fee | Min Commission | Overnight Holding Cost | Trading Hours |
| Cambodian Stocks | 0.67% of transaction value | 4,000 Cambodian Dollars (approx. US$1) | / | Monday to Friday, 9:00 to 16:00 GMT, excluding Cambodian public holidays |
| Equity CFDs | 0.17% of contract value | $5 | Long positions: -2.5% per annum | Monday to Friday, 24 hours, excluding Cambodian public holidays |
| Short positions: -0.5% per annum | ||||
| Triple rate for holding positions over weekends |
Trading Platform
Clients of PPLS have access to the MetaTrader 5 (MT5) platform, a well-known and stable trading platform in the market.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
Deposit 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.