PTS Global Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://ptsglobalmarkets.com/, about the company's legal and temporary regulatory information, the company's address 75-71 Shelton Street Covent Garden London United Kingdom.
PTS Global Markets Forex Broker
Basic Information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
PTS Global Markets broker review
Rating Index
PRO
Standard
PTS Global Markets Forex Broker - Complete Information Guide
1. Broker Overview
PTS Global Markets, established in 2004, is a financial services provider that offers a range of trading solutions primarily focused on forex and CFDs (Contracts for Difference). The broker is headquartered in Eastgate Business Center, 125 C Gaither Dr., Mt. Laurel, NJ 08054, operating as a private entity. PTS Global Markets serves a diverse clientele, including retail traders and institutional investors, primarily in the United States and select international markets.
Since its inception, the broker has aimed to provide innovative trading solutions and has achieved several milestones in its journey. The company has developed a reputation for offering competitive trading conditions and a user-friendly trading environment. Over the years, PTS Global Markets has expanded its service offerings and enhanced its technological infrastructure to meet the evolving needs of traders.
The broker operates under the parent company PTS Brokerage, which is known for providing comprehensive investment advisory services. PTS Global Markets follows a retail forex trading model, catering to individual traders by offering various trading instruments and account types designed to suit different trading styles and preferences.
2. Regulation and Compliance Information
PTS Global Markets is currently unregulated, which raises concerns regarding the safety of client funds and overall operational transparency. The broker does not provide any information about being licensed by a recognized financial authority, which is critical for ensuring investor protection.
Some key compliance aspects include:
- Regulatory Bodies: PTS Global Markets does not mention any specific regulatory bodies overseeing its operations.
- Client Fund Segregation: The broker has not disclosed any policies regarding the segregation of client funds, which is essential for protecting investor capital.
- Investor Compensation Fund: There is no information available on whether PTS Global Markets participates in any investor compensation schemes.
- KYC and AML Compliance: The broker does not provide explicit details about its Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which are crucial for preventing fraud and ensuring regulatory compliance.
Given the lack of regulation, potential clients should exercise caution when considering PTS Global Markets for their trading needs.
3. Trading Products and Services
PTS Global Markets offers a diverse range of trading products, primarily focusing on forex and CFDs. The broker provides access to:
- Forex Currency Pairs: PTS Global Markets offers a wide selection of currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on global currency fluctuations.
- CFD Products: The broker includes various CFD instruments across different asset classes, such as:
- Indices: Trading on major global indices.
- Commodities: Access to commodities like oil, gold, and agricultural products.
- Stocks: CFDs on a selection of major stocks from various exchanges.
- Cryptocurrencies: A range of cryptocurrency pairs for traders interested in the digital asset market.
The introduction of new products and regular updates to existing ones are part of the broker's strategy to enhance its trading offerings. PTS Global Markets also provides retail trading services, catering to individual traders, while offering limited institutional services for larger clients.
4. Trading Platforms and Technology
PTS Global Markets provides multiple trading platforms to accommodate various trading preferences:
- MetaTrader 4/5 Support: The broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular among traders for their advanced charting capabilities and automated trading features.
- Proprietary Trading Platform: PTS Global Markets has developed its own trading platform, designed to offer a seamless trading experience with user-friendly navigation.
- Web-Based Trading Platform: Traders can access a web-based platform that allows for trading without the need for software installation, catering to users who prefer flexibility.
- Mobile Applications: PTS Global Markets supports mobile trading applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.
- Execution Model: The broker operates under a Market Making model, providing liquidity directly to traders.
- Server Location and Infrastructure: PTS Global Markets utilizes robust technology infrastructure to ensure reliable trade execution and minimal downtime.
- API Access and Automated Trading Support: The broker offers API access for traders interested in automated trading solutions.
5. Account Types and Trading Conditions
PTS Global Markets provides several account types tailored to different trading needs:
- Standard Account:
- Minimum Deposit: $250
- Spreads: Starting from 3 pips
- Commission: None
- Premium Account:
- Higher leverage options and lower spreads may be available for clients meeting specific criteria.
- Islamic Account: Available for traders who require a swap-free trading environment.
- Demo Account Policy: PTS Global Markets offers demo accounts for traders to practice their strategies without financial risk.
Leverage ratios vary depending on the account type and the instruments traded, with a maximum leverage of up to 1:100 for forex trading. The minimum trade size is typically 0.01 lots, allowing for flexible trading strategies. Overnight fees apply, which are standard in the industry.
6. Fund Management
PTS Global Markets supports a variety of deposit and withdrawal methods to facilitate fund management:
- Deposit Methods: Clients can fund their accounts through:
- Bank Transfers
- Credit/Debit Cards
- E-Wallets (specific options may vary)
- Minimum Deposit Requirements: The minimum deposit varies by account type, starting from $250.
- Deposit Processing Time: Deposits are generally processed within 1-3 business days, depending on the method used.
- Deposit Fees: PTS Global Markets does not charge fees for deposits, but clients should check with their payment provider for any associated costs.
- Withdrawal Methods and Restrictions: Withdrawals can be made via the same methods as deposits, with specific restrictions based on the account type.
- Withdrawal Processing Time: Withdrawal requests are typically processed within 3-5 business days, depending on the method chosen.
- Withdrawal Fees Structure: There may be fees associated with withdrawals, particularly for credit card transactions.
7. Customer Support and Educational Resources
PTS Global Markets offers various customer support channels to assist clients:
- Support Channels:
- Phone
- Live Chat
- Social Media
- Service Hours and Time Zone Coverage: Customer support is available during business hours, with coverage for major time zones.
- Multilingual Support: The broker provides support in multiple languages, catering to its diverse client base.
- Educational Resources: PTS Global Markets offers a range of educational materials, including:
- Webinars
- Tutorials
- E-books
- Market Analysis Services: The broker provides daily market analysis, news updates, and research reports to keep traders informed.
- Trading Tools: PTS Global Markets offers various trading tools such as calculators, economic calendars, and signal services to enhance the trading experience.
8. Regional Coverage and Restrictions
PTS Global Markets primarily serves clients in the United States, with a focus on providing services to domestic traders. The broker has a limited presence in international markets, which may vary based on regulatory compliance.
- Regional Offices Distribution: The main office is located in Mt. Laurel, NJ, with support for clients across the United States.
- Countries/Regions Not Accepting Clients: PTS Global Markets does not accept clients from jurisdictions with strict financial regulations or prohibitions against forex trading.
- Special Restrictions: Additional restrictions may apply based on local laws and regulations, which clients should verify before opening an account.
In conclusion, the PTS Global Markets broker provides a range of trading services and products, but potential clients should be cautious due to its unregulated status. It is essential to conduct thorough research and consider the risks before engaging with the broker.