Score
PINE FX MARKETS
Australia|2-5 years| https://pinefxmarkets.com/
Website
Rating Index
Contact
Licenses
Licensed Institution：WHIZ FX PTY LTD
License No.：001300149
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Australia
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed PINE FX MARKETS also viewed..
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Website
pinefxmarkets.com
Server Location
United States
Website Domain Name
pinefxmarkets.com
Server IP
172.67.197.205
Company Summary
| PINE FX MARKETSReview Summary | |
| Founded | 2024-02-23 |
| Registered Country/Region | Australia |
| Regulation | Suspicious Clone |
| Market Instruments | Currency Pairs, Commodities, Indices, Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | As low as 0 pips |
| Trading Platform | MT4(Desktop/Mobile) |
| Min Deposit | $10 |
| Customer Support | Phone: +01-246-357(Any time 24/7) |
| Email: contact@transp.eu.com | |
| Social Media: Facebook, Twitter, YouTube, etc. | |
PINE FX MARKETS Information
PINE FX MARKETS is a forex trading broker. The tradable instruments, with four account types with a maximum leverage of 1:500, include commodities, indices, cryptocurrencies, and over 50 currency pairs. The minimum spread is from 0 pips and the minimum deposit is $10. PINE FX MARKETS is still risky due to its suspicious clone status, high leverage, and unspecific withdrawal information.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | Suspicious Clone |
| MT4 available | Demo account unavailable |
| Leverage up to 1:500 | No specific withdrawal information |
| Spread as low as 0 pips | |
| Various assets: currency pairs, commodities, etc. |
Is PINE FX MARKETS Legit?
ASIC regulates PINE FX MARKETS, but the suspicious clone status makes it less safe than regulated brokers.
What Can I Trade on PINE FX MARKETS?
Traders can choose different investment directions because the broker provides over 50 currency pairs along with commodities, indices, and cryptocurrencies.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
PINE FX MARKETS has four types of accounts: Classic, ECN, Standard, and Pro. The standard account's minimum spread is up to 2.8 pips and the Pro account's minimum deposit reaches $10000. Traders who want low spreads and low leverage can open an ECN account. Those who prefer low deposits can choose a classic or standard account.
| Account Type | Classic | ECN | Standard | Pro |
| Minimum Deposit | $10 | $300 | $10 | $10000 |
| Available Currencies | USD | USD | USD | USD |
| Spreads From | 1.9 pips | 0.2 pips | 2.8 pips | 0.1 pips |
| Max Leverage | 1:500 | 1:400 | 1:500 | 1:400 |
PINE FX MARKETS Fees
The spread is from 0 pips, and the classic account's commission is free.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
PINE FX MARKETS has an authoritative MT4 trading platform accessible on desktop and mobile. Compared with MT5, junior traders prefer MT4.
| Trading Platform | Supported | Available Devices |
| MT4 | ✔ | Desktop/Mobile |
Deposit and Withdrawal
The minimum deposit is $10.
Customer Support Options
PINE FX MARKETS provides 24/7 phonesupport, and traders can contact the broker via phone, email, and social media. Working hours are 8:00-17:00, Mon-Sat.
| Contact Options | Details |
| Phone | +01-246-357 (Any time 24/7) |
| contact@transp.eu.com | |
| Social Media | Facebook, Twitter, YouTube, etc. |
| Supported Language | English |
| Website Language | English |
| Physical Address | 4517 Washington Ave.Manchester,Kentucky 39495 |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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