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PLOTIO Forex Broker provides real users with 1 positive reviews, * neutral reviews and 6 exposure review!

PLOTIO Broker Review

1.49

WikiFX monitor

Business

Influence D

License

No license

PLOTIO Review 7

Latest All(7) Positive(1) Exposure(6)
Exposure
PLOTIO is an clone company.

The slippage was serious, and the profit of 3,000 slipped by one pip. The withdrawal was frozen, saying that it was a problem with the channel, and the platform was not responsible.

koko、
2024-05-22
Exposure
Induced to trade XAU and crude oil on the platform, the loss amounted to 350,000

In June 2022, a strange QQ (QQ name is Summer Cool) added me, recommended profitable projects, and asked me to open a crude oil and gold agent to make money. I asked what platform it was, and she said Baili is a good company, and it has been a company for many years. , headquartered in Hong Kong. It is said that if you open an agent, you can find customers to trade on this platform and make money. I can't tell. Then for 5 months, she would find me on QQ every few days and ask me to open a Bailihao agent. Finally, on November 7, 2022, I opened an agent and added her WeChat (WeChat Agnes) because I don’t have clients either, nor am I in the industry. At this time, I had a friend who was always trading in stocks. He was a little interested. He wanted to try the platform I opened as an agent, so he opened an account with me, because Agnes told me that he could earn commissions if he traded. I myself also opened an account at Bailihao Global. Agnes also guided me to deposit $3,700 on the website, all of which were transferred to the private accounts of several people. I obviously made deposits on the website, why did they let me transfer to private accounts? But I didn't delve into this issue at the time, and now I think I should have been cheated since then. I started trading in January 2023. Every time I traded, I watched the live broadcast room on their official website and followed the operation. At the beginning, I made a little money and a little rebate, and then followed the operation that the teacher said in the live broadcast room, and I was losing money. I just want to make money back, and in this vicious cycle of depositing money and losing money and then borrowing money to deposit money to continue trading, until the loss reached 350,000 yuan in April 2023, I feel that I was deceived, and it is impossible to make money at all. Because I have been losing money following the operation of the live broadcast room, and I have never made any money in the future. Now that I think about it, I am sure that the platform I am on is their own operation. So this kind of unscrupulous platform, the salesman who guided me to deposit money are all accomplices of fraud. I implore your platform to help me recover my losses, and expose this platform and company that used the guise of frying crude oil and gold to collect money from the boss's surname, so as not to let more people be deceived.

yahaha
2023-05-16
Positive

May I ask who is in charge of this company? It’s too harmful. In less than two days, tens of thousands of losses will be lost. If the money is gone, people will disappear.

山河佳耐
2023-05-12
Exposure
Utilizing trading freedom and the ability to earn large amounts of money in the short term to induce account opening and recommend trading with a loss of 240000 yuan. I was kicked out of the group and repeatedly contacted customer service, but did not respond

In March of this year, I was originally inquiring about futures hedging matters online, but an analyst named Mo Hongyang from QQ said that he would provide me with free analysis and advice on hedging. And tell me that domestic futures trading is limited by time, difficult to operate, and buying US dollars with small funds can earn back the funds trapped. When I said I didn't have any funds, he asked me to forcibly close the futures funds and stack them up at Bailihao. He said that the trading time was free, and there were one-on-one guidance from teachers for trading. He also linked me to download the Bailihao Global APP, guiding me to register an account and pull me into the group to see them make orders. In the early stage, he made me a small profit, but later he caused me a loss of 240000 yuan. When asked how to solve the problem, everyone found excuses to delay or simply ignored me! Exposed here, please check this company with relevant departments and keep investors away from it!

山河佳耐
2023-05-10
Exposure
Have you ever experienced despair and lost $4,000 in 4 days?

A teacher with hundreds of thousands of followers who I know on Weibo lost my 4,000 dollars in 4 days. This kind of commission for defrauding customers in the name of a teacher? Is this kind of teacher unsupervised? How can all kinds of ambitious dominance on Weibo turn over in a short period of time, and lose money in 4 days after joining the firm offer. My money is blown by the wind? Isn't this kind of teacher responsible? I just joined with a firm offer of 5,000 US dollars. I asked him if he wanted to do it lightly. He said that he would manage the risk control. He would make a second move for me. There are pictures and the truth. I hope this kind of teacher can be punished and make up for my loss.

木又6315
2022-11-18
Exposure

He ran away in arrears with the agency commission. The salesman's name was Zhang Xin, and he didn't know the exact name of his leader's surname Long.

你好你好
2022-09-22
Exposure
Induce to swipe card for a heavy position and earn handling fee

The teacher in Plotio Group (https://www.plotioglobal-cn.com/) platform illegally brought orders to the customer, causing the customer to lose hundreds of thousands of RMB within a month. They use different forms to earn handling fees, the handling fee alone will wipe out nearly 130,000 yuan in less than a month.

FX1721721712
2022-04-27

  

Plotio 2025 Review: Everything You Need to Know

  Plotio, a relatively new player in the Forex brokerage space, has garnered mixed reviews from traders and experts alike. Overall, it presents a moderate risk profile, with a trust score hovering around 5.22 out of 10. The broker offers a minimum deposit requirement of just $100, allowing new traders to enter the market with minimal financial commitment. However, concerns have been raised regarding its regulatory status and the overall trading experience it provides.

  Note: It's important to highlight that Plotio operates under different entities across regions, which can lead to varying trading conditions and experiences. This review aims to present a balanced view by considering multiple sources to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5.5
Tools and Resources 6.0
Customer Service and Support 6.3
Trading Setup (Experience) 5.7
Trustworthiness 4.0
User Experience 5.1

  We evaluate brokers based on various criteria, including user reviews, expert opinions, and factual data.

  

Broker Overview

  Founded in 1983, Plotio has established itself as a multi-office broker providing over-the-counter (OTC) trading services. It is regulated by the Australian Securities and Investments Commission (ASIC) and the Securities Commission of the Bahamas (SCB), although its regulatory standing has sparked debate among traders. The broker offers access to the popular MetaTrader 4 and MetaTrader 5 trading platforms, catering to a variety of trading styles. Plotio allows trading in multiple asset classes, including currency pairs, precious metals, and stock indices.

  

Detailed Analysis

  

Regulatory Regions

  Plotio operates in various regions, including Australia and the Bahamas, with each jurisdiction having its specific regulatory requirements. While it holds licenses from ASIC and SCB, some sources suggest that the regulatory environment is not as stringent as those found in other regions, raising concerns about investor protection.

  

Deposit/Withdrawal Currencies

  Traders can fund their accounts using USD or CNY, providing flexibility for clients in different regions. However, there are reports of withdrawal issues, with some users citing high fees and slow processing times, which could deter potential clients.

  

Minimum Deposit

  The minimum deposit to open a trading account with Plotio is set at $100, making it accessible for novice traders. However, some reviews indicate that higher deposit amounts may be required to unlock certain features or trading conditions.

  

Bonuses/Promotions

  Currently, Plotio does not offer any bonuses or promotional incentives for new or existing clients, which is a notable drawback compared to competitors who provide such benefits.

  

Tradable Asset Classes

  Plotio offers a limited range of trading instruments, particularly when compared to other brokers. Available assets include 41 currency pairs, four precious metals, and 15 stock indices. The lack of a diverse range of trading instruments may be a concern for more experienced traders seeking comprehensive trading options.

  

Costs (Spreads, Fees, Commissions)

  The spreads at Plotio are variable, starting from 0.5 pips; however, during volatile market conditions, these spreads can widen significantly. Additionally, users have reported high non-trading fees, including deposit and withdrawal fees, which could impact overall profitability.

  

Leverage

  Depending on the regulatory jurisdiction, leverage options vary from 1:30 to 1:100. While this flexibility can benefit traders, it's crucial to understand the risks associated with high leverage.

  

Allowed Trading Platforms

  Plotio supports both MetaTrader 4 and MetaTrader 5, providing traders with robust tools for analysis and execution. However, the availability of these platforms varies by region, which may affect user experience.

  

Restricted Regions

  While Plotio aims to serve a global client base, trading conditions and available assets may differ significantly based on the trader's location. Some regions may face restrictions or different regulatory standards.

  

Available Customer Support Languages

  Customer support is primarily offered in English and Chinese, with 24/7 availability. However, some users have reported slow email responses and limited communication options, which could hinder the overall support experience.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 5.5
Tools and Resources 6.0
Customer Service and Support 6.3
Trading Setup (Experience) 5.7
Trustworthiness 4.0
User Experience 5.1

  

Detailed Breakdown

  •   Account Conditions (5.5/10): The minimum deposit is low, but the lack of account types and promotions can limit user options.

  •   Tools and Resources (6.0/10): MetaTrader platforms provide good analytical tools, but the overall resource offering feels limited compared to competitors.

  •   Customer Service and Support (6.3/10): 24/7 support is a plus, but slow response times and limited language options can frustrate users.

  •   Trading Setup (5.7/10): The trading experience is adequate, with variable spreads, but issues with withdrawals have been reported.

  •   Trustworthiness (4.0/10): Mixed reviews and regulatory concerns raise doubts about the safety of funds, particularly for new traders.

  •   User Experience (5.1/10): Overall, user experience is average, with complaints about withdrawal processes and customer support.

  •   In conclusion, while Plotio may offer a low barrier to entry for new traders, potential clients should carefully consider the mixed reviews and regulatory concerns associated with this broker. As highlighted in various sources, thorough research and caution are advised before committing funds to Plotio.

PLOTIO review