psi-markets Forex Broker

psi-markets Review Summary Founded2023 Registered Country/RegionDominic RegulationNo Regulation Market InstrumentsCFDs, Forex, Commodities, Precious Metals, Energy, Indices, Stocks, and Cryptocurrencies Demo Account/ LeverageUp to 1:30 (retail)/1:400 (professional) EUR/USD Spread3.0 pips (BASIC account) Trading PlatformProprietary platform Minimum Deposit€250 Customer SupportContact Form Tel: +44 204 5133840 Email: support@psi-markets.netpsi-markets Information Founded in 2023, PSI-Markets is an online trading platform registered in Dominic. It offers diverse trading instruments, including CFDs, Forex, Commodities, Precious Metals, Energy, Indices, Stocks, and Cryptocurrencies with leverage up to 1:30 for retail clients and 1:400 for professional clients. The minimum deposit requirement is €250.Pros and Cons Pros Cons Various trading instrumentsLack of regulation Offers five account typesNo MT4/MT5 Limited info on deposits and withdrawals High minimum depositIs psi-markets Legit? psi-markets is an unregulated platform. Please be aware of the risk! The WHOIS search shows the domainpsi-markets.com was registered on June 30, 2023. Its present status is “client transfer prohibited,” which indicates the domain is locked and cannot be moved to another registrar.What Can I Trade on psi-markets? PSI-Markets offers diverse trading instruments, including Contracts for Difference (CFDs), Forex, Commodities, Precious Metals, Energy, Indices, Stocks, and Cryptocurrencies. Tradable Instruments Supported CFDs✔ Forex✔ Commodities✔ Precious Metals✔ Energy✔ Indices✔ Stocks✔ Cryptocurrencies✔ Bonds❌ Options❌ ETFs❌Account Type psi-markets offers five different account types: Account TypeBASICSILVERGOLDPLATINUMVIP Minimum Deposit€250€10,000€25,000€100,000€250,000Leverage PSI-Markets offers different leverage levels for retail and professional clients: Retail customers have a leverage of 1:30, while professional clients can access leverage up to 1:400. Please note that high leverage can amplify not only profits but also losses.Spreads PSI-Markets offers variable spreads that decrease with higher account tiers, with EUR/USD spreads as low as 1.6 pips for VIP accounts and gold spreads as low as $0.08. Account TypeBASICSILVERGOLDPLATINUMVIP EUR/USD Spread3.0 pips2.9 pips2.7 pips2.1 pips1.6 pips GBP/USD Spread3.4 pips3.3 pips3.1 pips2.5 pips2.0 pips CRUDE OIL Spread3.3 pips3.2 pips3.0 pips2.4 pips1.9 pips GOLD Spread$0.12$0.12$0.11$0.10$0.08Trading Platform Trading PlatformSupported Available Devices Suitable for Proprietary platform✔Web/ MT4❌/Beginners MT5❌/Experienced tradersDeposit and Withdrawal Account TypeBASICSILVERGOLDPLATINUMVIP Minimum Deposit€250€10,000€25,000€100,000€250,000 Free Withdrawal121/month3/monthDuty free