PVM OIL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.pvmoil.co.uk, about the company's legal and temporary regulatory information, the company's address 10 Bressenden Place London SW1E 5DH United Kingdom.
Pvm Oil Associates Ltd., commonly referred to as Pvm Oil broker, was founded in 1971 and has established itself as a prominent player in the oil brokerage industry. The firm is headquartered at 10 Bressenden Place, London, SW1E 5DH, United Kingdom, and operates several key offices globally, including locations in Singapore, New York, and Houston.
As a private company, Pvm Oil specializes in providing brokerage services primarily focused on oil and energy markets. The company serves a diverse client base that includes commodity producers, consumers, traders, risk managers, hedge funds, and financial institutions. Pvm Oil has a long history in the industry, making it one of the leading independent brokers of oil derivatives, with an average daily turnover exceeding 100 million barrels of over-the-counter (OTC) oil derivatives, including options and futures contracts.
Throughout its history, Pvm Oil has achieved several significant milestones, including its integration into the TP ICAP Group, which further solidified its position in the global oil market. The firm operates through a business model that primarily involves institutional services, focusing on matching buyers and sellers in the oil market rather than trading on its own account.
Pvm Oil broker currently operates without any formal regulatory oversight. The company has not been granted licenses by any major regulatory bodies, which raises concerns regarding its compliance and operational standards. There are no valid regulatory numbers associated with Pvm Oil broker, and it is essential for potential clients to be aware of the risks involved in dealing with an unregulated broker.
The lack of regulation means that Pvm Oil does not participate in investor compensation schemes, and therefore, client funds may not be protected in the event of insolvency. The company does not provide specific details regarding its client fund segregation policies, which is a critical factor for ensuring the safety of client deposits.
In terms of compliance with anti-money laundering (AML) and know your customer (KYC) regulations, Pvm Oil broker has not disclosed any information regarding its policies and procedures. Prospective clients should exercise caution and conduct thorough due diligence before engaging with the broker.
Pvm Oil broker offers a range of trading products primarily focused on the oil and energy sectors. The broker provides access to various financial instruments, including:
The firm is known for its significant involvement in the oil market, handling a vast volume of trades daily. However, there is no information available regarding the frequency of product updates or the introduction of new trading instruments.
Pvm Oil broker primarily targets institutional clients, providing them with tailored services and solutions. The broker does not appear to offer white-label solutions or asset management services, focusing instead on its core brokerage functions.
Pvm Oil broker does not support popular trading platforms such as MetaTrader 4 or MetaTrader 5. Instead, it operates through its proprietary trading platform, which is designed to facilitate trading in oil and energy derivatives. The specifics of this platform, including its features and user interface, have not been disclosed.
The broker offers a web-based trading platform, allowing clients to trade directly from their browsers without the need for additional software installations. Additionally, there is no information available regarding mobile applications for iOS or Android devices.
Execution modes employed by Pvm Oil broker are not explicitly detailed, but it is assumed that the broker utilizes a market-making model due to its focus on institutional trading. The company maintains a robust technical infrastructure, with servers located strategically to ensure optimal trading conditions.
Pvm Oil broker does not provide API access or support for automated trading, which may limit the trading capabilities for clients who prefer algorithmic trading strategies.
Pvm Oil broker offers a standard account type with conditions that are not explicitly defined in the available information. However, prospective clients can expect minimum deposit requirements, spreads, and commission structures that are competitive within the industry.
Pvm Oil broker supports a variety of deposit methods, including bank transfers, credit cards, and possibly e-wallets. However, detailed information regarding the specific payment methods accepted has not been disclosed.
Pvm Oil broker offers multiple channels for customer support, including telephone, email, and potentially online chat services. The specific hours of operation and time zone coverage have not been clearly defined.
Pvm Oil broker primarily serves clients in the United Kingdom and other international markets. The broker has offices in Singapore, New York, and Houston, indicating a global reach.
In conclusion, while Pvm Oil broker has established a significant presence in the oil brokerage market, potential clients should be aware of the lack of regulatory oversight and the associated risks. It is advisable to conduct thorough research and consider all factors before engaging with the broker.
Sara.
Morocco
I tried trading with PVM OIL, but I wasn't impressed. Their website was confusing and outdated, and the customer service was slow and unhelpful. When I tried to withdraw my funds, it took forever and they kept giving me the runaround. Plus, their trading platform had a lot of glitches and I lost money because of it.... so sad.
37130
2023-03-31