PLOTIO Spreads, leverage, minimum deposit Revealed

Registered in	Hong Kong, China
Regulated by	ASIC, CGSE, SCB
Year(s) of establishment	2-5 years
Trading instruments	Currencies pairs, indices, precious metals, energies
Minimum Initial Deposit	Information not available
Maximum Leverage	Information not available
Minimum spread	Information not available
Trading platform	MT5
Deposit and withdrawal method	Information not available
Customer Service	24/7 Email
Fraud Complaints Exposure	No for now

　　It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

　　In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

Pros and cons of PLOTIO

　　Pros:

• 　　Regulated by ASIC, CGSE, and SCB, indicating a certain level of trustworthiness and compliance with regulations.

• 　　Multiple trading instruments available, including currency pairs, indices, precious metals, and energies.

• 　　Educational resources such as economic calendar, market reports, expert insights, and trade strategy are provided.

• 　　Demo account available for traders to test their strategies before trading with real money.

• 　　Customer support available 24/7 via email.

　　Cons:

• 　　Lack of transparency on trading costs, including spreads, commissions, and possible fees.

• 　　Unclear information about account types, minimum deposit, and trading conditions.

• 　　Maximum leverage offered is unknown, which could be a risk for traders.

• 　　Limited platform options, as only MT5 is available.

• 　　Lack of information about withdrawal methods and fees.

What type of broker is PLOTIO？

Advantages	Disadvantages
PLOTIO offers tight spreads and fast execution due to its Market Making model.	As a counterparty to its clients' trades, PLOTIO has a potential conflict of interest that may lead to decisions that are not in the best interest of its clients.

　　PLOTIO is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, PLOTIO acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered. However, this also means that PLOTIO has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with PLOTIO or any other MM broker.

General information and regulation of PLOTIO

　　PLOTIO is a Hong Kong registered forex broker, regulated by ASIC, CGSE, and SCB. The company offers various financial instruments, including currencies, indices, precious metals, and energies, on the MT5 platform. PLOTIO provides educational resources such as market reports, expert insights, trade strategies, and a live streaming service. However, there is limited information available on account types, maximum leverage, spreads, and commissions. The deposit and withdrawal process is straightforward, but the specific amounts, methods, and possible fees are not disclosed. Customer support is available 24/7 via email.

　　In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.

Market instruments

Advantages	Disadvantages
Wide range of currency pairs, indices, precious metals and energies available for trading	No information is provided regarding the number of tradable instruments
The platform offers a variety of analytical tools and indicators to aid in trading decisions	The specific trading conditions, such as spreads and commissions, are not disclosed on the website
Competitive spreads and low commissions	No information is provided regarding the maximum leverage offered by the broker
Ability to trade popular cryptocurrencies such as Bitcoin and Ethereum	No information is provided regarding the minimum deposit required to open an account

　　PLOTIO offers a wide range of trading instruments, including currency pairs, indices, precious metals, and energies. Traders can also access popular cryptocurrencies such as Bitcoin and Ethereum. The platform provides a variety of analytical tools and indicators to aid in trading decisions. However, the specific trading conditions, such as spreads and commissions, are not disclosed on the website. While the broker does offer competitive spreads and low commissions, there is no information provided regarding the maximum leverage offered or the minimum deposit required to open an account.

Spreads and commissions for trading with PLOTIO

Advantages	Disadvantages
Transparency in SWAPs	No information on spreads and commissions

　　PLOTIO's website lacks information about spreads and commissions for their trading instruments. This makes it difficult for traders to estimate the total costs of trading. However, they provide detailed information on SWAPs, which is a positive aspect of transparency. SWAPs, or overnight financing charges, are calculated based on the difference in interest rates between the two currencies in the currency pair being traded. Despite this transparency on SWAPs, the lack of information on spreads and commissions can be a disadvantage, as traders may be unaware of the true costs of their trades.

Product	Long	Short
GOLD	-3.50%	+0.50%
SILVER	-5.75%	+2.75%
Palladium	US$-8.08/day	US$-6.92/day
CRUDEOIL	US$-5/day	US$-5/day
NATGAS	US$-8/day	US$-2/day
DowJones	US$-5/day	US$-5/day
Nasdaq	US$-5/day	US$-5/day
S&P	US$-5/day	US$-5/day
USDX	US$-5/day	US$-5/day
FA50	US$-5/day	US$-5/day
USD/JPY	US$0.91/day	US$-11.88/day
USD/CAD	US$-2.86/day	US$-10.49/day
EUR/USD	US$-9.63/day	US$0.74/day
GBP/USD	US$-10.99/day	US$0.85/day
AUD/USD	US$-5.10/day	US$-1.39/day
NZD/USD	US$-4.77/day	US$-1.30/day
EUR/CHF	US$-4.5/day	US$-4.5/day
EUR/GBP	US$-5.9/day	US$-2.3/day
GBP/CHF	US$-4.9/day	US$-7.6/day
EUR/JPY	US$-8.1/day	US$-3.8/day
USD/CHF	US$1.93/day	US$-9.64/day
GBP/JPY	US$-6.3/day	US$-9.4/day
AUD/JPY	US$-0.9/day	US$-4.6/day
NZD/JPY	US$-3.1/day	US$-3.9/day
GBP/CAD	US$-8.6/day	US$-3.25/day
GBP/AUD	US$-9.6/day	US$-0.8/day
GBP/NZD	US$-11.18/day	US$-0.5/day

Trading accounts available in PLOTIO

Advantages	Disadvantages
Demo account available	Lack of information on minimum deposit and trading conditions
Ability to open account via webpage or app	Uncertainty about different account types

　　PLOTIO offers the advantage of a demo account for users to practice trading before committing real money. However, there is a lack of information on the minimum deposit and trading conditions for the available accounts. It is also unclear whether there are different account types, which could limit the flexibility and customization of trading options for users. On the positive side, users have the option to open an account via the website or app, providing greater accessibility and convenience. Overall, the lack of specific information on account types and trading conditions could be a disadvantage for potential users who prefer more transparency and clarity in their trading options.

Trading platform(s) that PLOTIO offers

Advantages	Disadvantages
Advanced features and analysis tools	May be overwhelming for beginners
Improved execution speed and performance	Less popular among traders compared to MT4
Compatibility with more asset classes	May require additional resources to run smoothly
Flexible customization options	Limited availability of third-party plugins and add-ons
Enhanced security features	Steep learning curve for traders transitioning from MT4

　　PLOTIO offers the MetaTrader 5 (MT5) platform for trading, which is a more advanced version of its predecessor, MT4. MT5 is known for its advanced features and analysis tools, as well as its improved execution speed and performance. The platform also has better compatibility with a wider range of asset classes, such as stocks, commodities, and cryptocurrencies. Additionally, MT5 offers flexible customization options and enhanced security features. However, traders who are new to the platform may find it overwhelming due to its advanced features, and it may require additional resources to run smoothly. Furthermore, MT5 is less popular among traders compared to MT4, and there is a limited availability of third-party plugins and add-ons. Finally, the steep learning curve for traders transitioning from MT4 to MT5 may also be a disadvantage.

Maximum leverage of PLOTIO

　　PLOTIO's maximum leverage is unknown, which makes it difficult to evaluate this aspect of their service. Leverage can be a powerful tool for experienced traders who understand how to manage risk and maximize profits, but it can also be dangerous for inexperienced traders who may take on too much risk. Without knowing the maximum leverage offered by PLOTIO, it is impossible to fully evaluate this aspect of their service. Traders who are interested in using leverage should be sure to fully understand the risks involved and to only use leverage within their means.

Deposit and Withdrawal: methods and fees

Deposit Process

　　1. Login account

　　Login to the client portal, enter your account number and password.

　　2. Account funding

　　Select deposits method, currency and input the amount.

　　3. Complete deposits

　　Upload the bank slip to complete the payment.

Withdrawal process

　　1. Login account

　　Login to the client portal, enter your account number and password.

　　2. Apply withdrawals

　　Enter the password, withdrawals amount and submit the application.

　　3. Withdrawal success

　　The withdrawal amount will arrive in the account within 1 hour*.

Advantages	Disadvantages
Quick deposits	No information on fees
Funds credited in 30 mins	No information on minimum deposit/withdrawal
Withdrawals arrive in 1 hour*	Limited options for deposit/withdrawal methods
User-friendly client portal	No details on withdrawal fees or charges

　　PLOTIO offers a relatively user-friendly client portal for clients to deposit and withdraw funds. Deposits can be made in Chinese Yuan (CNY), and the amount will usually be credited to your account within 30 minutes upon confirmation of the received amount. Withdrawals are also processed relatively quickly, with the withdrawal amount arriving in the account within 1 hour*. However, the specific amount, methods and possible fees are not revealed, which could make it difficult for clients to plan their transactions effectively. Additionally, there is no information on minimum deposit/withdrawal, and the options for deposit/withdrawal methods are limited.

Educational resources in PLOTIO

Advantages	Disadvantages
A wide range of educational resources such as economic calendar, market reports, expert insights, trade strategies, and live streaming are available.	The depth and quality of the educational resources are unknown.
The educational resources cover a range of topics, from beginner to advanced levels, helping traders develop their skills and knowledge.	There is no information on whether the educational resources are regularly updated or not.

　　PLOTIO provides a variety of educational resources that can help traders of all levels improve their knowledge and skills. The resources include an economic calendar, market reports, expert insights, trade strategies, and live streaming. The economic calendar helps traders stay informed about important economic events, while expert insights provide valuable market analysis and commentary from experienced traders and analysts. Live streaming allows traders to watch real-time market updates and insights, helping them make more informed trading decisions. However, the depth and quality of the educational resources are unknown, and there is no information on whether they are regularly updated. Additionally, it is not clear if the educational resources are available in languages other than English, and there are no interactive educational features, such as webinars or online courses.

Customer service of PLOTIO

Advantages	Disadvantages
24/7 customer support available	No phone support
Dedicated email support	No live chat support

　　PLOTIO provides 24/7 customer support via email at cs@plotioglobal.com. While the company does not offer phone support or live chat, their email support is dedicated to providing assistance to clients at all times. The lack of phone support may be a disadvantage for some traders who prefer to speak with a customer service representative directly, but the email support can be a convenient alternative for those who prefer to communicate in writing. Overall, PLOTIO's customer care dimension is decent with the 24/7 support provided, although the lack of phone and live chat support may not be suitable for everyone.

Conclusion

　　In conclusion, PLOTIO is a Hong Kong registered forex broker that is regulated by ASIC, CGSE, and SCB. While the company has some positive aspects such as a wide range of tradable instruments, educational resources, and a user-friendly platform, it also has some drawbacks like lack of transparency on account types, spreads, commissions, and leverage, as well as limited customer support options. Potential clients should carefully evaluate their needs and preferences before deciding to open an account with PLOTIO. Additionally, it is advisable to thoroughly research the company and review their terms and conditions, as well as risk disclosures, to make an informed decision.

Frequently asked questions about PLOTIO

• 　　Question: Is PLOTIO a regulated forex broker？

• 　　Answer: Yes, PLOTIO is a regulated forex broker registered in Hong Kong and regulated by ASIC, CGSE, and SCB.

• 　　Question: What trading platforms does PLOTIO offer？

• 　　Answer: PLOTIO offers the MetaTrader 5 (MT5) trading platform, which is available for desktop, web, and mobile devices.

• 　　Question: What instruments can I trade with PLOTIO？

• 　　Answer: PLOTIO offers trading in currency pairs, indices, precious metals, and energies.

• 　　Question: Does PLOTIO offer a demo account？

• 　　Answer: Yes, PLOTIO offers a demo account for users to practice trading strategies and get familiar with the platform.

• 　　Question: What are the deposit and withdrawal methods available with PLOTIO？

• 　　Answer: The deposit and withdrawal methods, as well as possible fees, are not specified on PLOTIO's website.

• 　　Question: What educational resources are available with PLOTIO？

• 　　Answer: PLOTIO offers various educational resources, including an economic calendar, market reports, expert insights, trade strategies, and live streaming.

• 　　Question: What is the customer support availability of PLOTIO？

• 　　Answer: PLOTIO offers 24/7 customer support via email at cs@plotioglobal.com.