PTBanc-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

PTBanc is a UK-registered online Forex and CFD broker. Since PTBanc does't disclose the name of the company behind the brand's name, as well as its regulation details. Therefore, it is unsafe to trade with this broker.

Market Instruments

PTBanc offers investors a wide range of financial trading products, mainly including CFDs on foreign exchange currency pairs, indices, precious metals, stocks, and other popular cryptocurrency products.

Minimum Deposit

PTBanc offers investors five different types of trading accounts, namely Classic (minimum initial deposit of $1,000), Silver (minimum initial deposit of $2,500), Gold (minimum initial deposit of $5,000), Platinum, and VIP (minimum initial deposit of above $20,000).

PTBanc Leverage

PTBanc offers the maximum trading leverage of up to 1:100, when it comes to trading leverage. Leverage magnifies the returns from favorable movements in a currency's exchange rate.It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

Spreads & Commissions

The spreads offered on PTBanc's platform for EURUSD are 3 pips, much higher than the industry standard, with most well-regulated brokers offering EURUSD spreads between 1.1 and 1.5 pips. Wider spreads mean higher transaction costs.

Trading Platform

PTBanc offers investors a web-based trading platform rather than the big-name MT4/MT5 trading platform. The charts on this online trading platform are very simple and basic and lack some advanced features.