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Is PZEM safe?

Rating Index

Pros

User-friendly trading platform with a variety of financial instruments including forex, CFDs, commodities, and indices.
High execution speed and responsive customer support, contributing to a positive trading experience.
Competitive spreads that may appeal to active traders looking for cost-effective trading options.

Cons

Unregulated status raises concerns about the safety and security of client funds.
Lack of established reputation in the forex and CFD industry, which may deter potential clients.
No support for popular trading platforms like MT4 or MT5, limiting options for traders accustomed to those environments.

PZEM Similar Brokers Safe

Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.

PZEM latest industry rating score is 1.56, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 1.56 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.