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Pruton Capital Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-09-15 11:26

Abstract:Pruton Capital, a trading name of PT Pruton Mega Futures Limited, is allegedly a brokerage company established in 2006 and regulated by the Commodity Futures Trading Regulatory (BAPPEBTI) in Indonesia, claiming to provide its clients with a wide range of tradable assets with leverage up to 1:200, floating spreads and zero commissions on the industry-standard MetaTrader4 trading platform.

  Note: Since Pruton Capitals official site (https://prutoncapital.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

  General Information & Regulation

  Pruton Capital, a trading name of PT Pruton Mega Futures Limited, is allegedly a brokerage company established in 2006 and regulated by the Commodity Futures Trading Regulatory (BAPPEBTI) in Indonesia, claiming to provide its clients with a wide range of tradable assets with leverage up to 1:200, floating spreads and zero commissions on the industry-standard MetaTrader4 trading platform.

  Market Instruments

  Pruton Capital advertises that it is a multi-asset platform with an extensive range of trading instruments in financial markets, including forex, precious metals, various CFDs and binary options.

  Account Types

  It seems that only one account type is offered by Pruton Capital. Opening an account requires the minimum initial deposit amount of $10,000 at least.

  Leverage

  The maximum leverage ratio provided by Pruton Capital is much higher than most brokers, up to 1:200. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

  Spreads & Commissions

  Pruton Capital claims to offer its clients spreads starting from 1.2 pips on EUR/USD pair, while on another section of its official site, the spread for this pair is said to be 0.8 pips. However, as tested on the MT4 demo account, the spread for this pair was floating around 2.4 pips. All charging no commissions.

  Trading Platform Available

  When it comes to trading platforms available,Pruton Capital gives traders the worlds most widely-used Metatrader4 trading platform. MT4 is known as one of the most successful, efficient, and competent forex trading software, offering an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options via EAs.

Trading Platform Available

  Deposit & Withdrawal

  Pruton Capital seems to work with a small range of payment methods, consisting of bank wire transfers, credit/debit cards such as Visa and MasterCard, as well as e-wallets PayPal and Skrill, yet we cannot be sure if these payment options are all available. The minimum deposit requirement is $10,000.

  Customer Support

  Pruton Capital‘s customer support can be reached by email: support@prutoncapital.com / info@prutoncapital.com. Company address: Level 32, Menara Standard Chartered Jalan Professor Doktor Satrio 164 Setiabudi, DKI Jakarta, 12930. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Related broker

No Regulation
Pruton Capital
Company name:PT Pruton Mega Futures Limited
Score
1.57
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.57

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