PSB Forex Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.psbforex.ru/, the company's legitimate regulatory information RussiaCBRRetail Forex License, to enhance the security of the company's address .
PSB Forex Forex Broker
Basic information
Registered region 
Russia
RussiaOperating period
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Company Name
PSB-Forex LLC
Abbreviation
PSB Forex
Company employee
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Company website
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
General Information & Regulation PSB Forex is a Russian online Forex broker, a subsidiary of the Russian commercial bank Promsvyazbank, which has been present in Russia for 20 years. PSB forex is currently not subject to any effective regulation. Market Instruments PSB Forex offers investors a small number of financial products, including less than 20 currency pairs. Most brokers can offer commodities, indices, CFDs on precious metals, etc. Minimum Deposit PSB Forex offers only a standard account with a minimum deposit of 100,000 rubles (about $1300), a minimum lot size of 0.01, and maximum leverage of 1:40. The initial deposit requirement of 1300 USD, an amount too high. PSB Forex Leverage PSB Forex offers the high trading leverage, reaching up to 1:500. Unregulated brokers tend to offer high leverage level to attract new traders. However, Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders. Spreads & Commissions The spread on PSB Forex standard account is 1.9 pips, which is slightly higher than the industry level. Most brokers offer spreads between 1.1 pips and 1.5 pips on EURUSD, which means high transaction costs. Trading Platforms PSB Forex offers traders the most popular trading platform currently available, MT5, originally a futures trading platform but has since been improved to be more suitable for forex trading. Today, MT5 has hedging capabilities, and the developers are constantly making other enhancements to it, intending to eliminate its predecessor, MT4.
PSB Forex broker review
PSB Forex safe or scam
Rating Index
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PSB Forex Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business
Index 7.27, Software Index 4.00 Risk Control Index 0.00.