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PH Markets -

Score

1.71 /10
Danger

PH Markets

Saint Lucia

1-2 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

https://www.phmarketsltd.com

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Score

Regulatory Index0.00

Business Index4.58

Risk Management Index0.00

Software Index7.40

License Index0.00

Time Machine
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No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

PH Markets Ltd.

Company Abbreviation

PH Markets

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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PH Markets · Company summary
PH MarketsReview Summary
Founded2024
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsForexPrecious metals & CommoditiesIndicesCryptocurrency CFDsShares
Demo Account✅
LeverageUp to 1:1000
Spread1.2 (EUR/USD)
Trading PlatformMT5
Min Deposit$100
Customer SupportPhone: +91 9940998183
Email: support@phmarketsltd.com
Physical Address: New No: 80, old no: 347/1 Basement Arcot Road, Trustpuram, Kodambakkam, Chennai, Tamilnadu, India, 600024

PH Markets Information

PH Markets, a brokerage incorporated in Saint Lucia in 2024. It mainly offers Forex, Precious metals & Commodities, Indices, Cryptocurrency CFDs, Shares to traders, and supports the use of MT5. In addition, it provides 4 account types. Currently, PH Markets is not regulated.

PH Markets Information

Pros and Cons

ProsCons
4 account typesNo regulation
The trading platform is MT5Leverage up to 1:1000
The spread can start at 0Minimum deposit is $100
Commission starts from 0
Some accounts are exempt from swap fees

Is PH Markets Legit?

PH Markets is currently unregulated and its website was registered in 2024.

Is PH Markets Legit?
Is PH Markets Legit?

What Can I Trade on PH Markets?

PH Markets' tradable products include 55+ currency pairs，trading metals such as gold, silver, platinum and copper, more than 19 commodities, 16 indices, there are also cryptocurrency CFD products, over 1200 shares in global markets.

Tradable InstrumentsSupported
Currencies✔
Precious metals & Commodities✔
Indices✔
Cryptocurrency CFDs✔
Shares✔
Bonds❌
ETF❌
What Can I Trade on PH Markets?

Account Types

PH Markets offers 4 account types: Standard, Premium, Star VIP, ECN Pro.

Among them, the minimum deposit requirement is $100, and on leverage, the maximum can reach 1:1000. Their base currency is the same.

FeatureStandardPremiumStar VIPECN Pro
Base Currency OptionsUSD, GBP, EURUSD, GBP, EURUSD, GBP, EURUSD, GBP, EUR
Minimum Deposit$100$300$2,000$500
Leverage100-1000100-400100-300100-200
Spreadsstarts from 1.5 pipsstarts from 1 pipstarts from 0.5 pipstarts from 0 pip
Contract Size100100100100
CommissionNo3No3
Trading InstrumentsFOREX, CFD, METALFOREX, CFD, METALFOREX, CFD, METALFOREX, CFD, METAL
Negative Balance ProtectionYesYesYesYes
Maximum open/pending orders100/100100/10050/5050/50
Minimum trade volume0.010.010.010.01
Maximum trade volume30 LOT50 LOT100 LOT100 LOT
Lot restriction per ticket0.010.010.010.01
Hedging allowedYESYESYESYES
Hedge marginFREEFREEREQUIREDREQUIRED
Margin call100100150200
Stop out505030100
Islamic AccountYESNONONO
Order ExecutionINSTANTINSTANTMARKET EXECUTIONMARKET EXECUTION
SWAPENOYESYESYES
Account Types

PH Markets Fees

The spread of the four accounts starts from 0 to 1.5; Commission ranges from 0 to 3. In addition to the standard account for the swap fee, the remaining 3 types of swap fee are free.

In the forex pairs, the spread of EUR/USD is 1.2, and the spread of the rest of the forex pairs remains in the range of 1.7 to 4.1.

SymbolTypical Spreads in quote currency per unit
CADCHF2.4
CADJPY2.3
CHFJPY2.9
EURCAD2.6
EURCHF1.9
EURGBP1.8
EURJPY1.7
EURUSD1.2
GBPCAD4.1
GBPCHF2.4
GBPJPY3
GBPUSD1.8
USDCAD1.9
USDCHF1.9
USDJPY1.7
PH Markets Fees

The spread for commodities ranges from 0.06 to 9.0.

SymbolDescriptionTypical Spreads in quote
CocoaUS Cocoa9
CoffeeCoffee0.98
CopperCopper0.008
CottonUS Cotton No.20.28
SugarSugar #110.06
PH Markets Fees

The spread range of the share is 0.27 to 1.91.

MarketsSpread
AMAZON1.91
FACEBOOK0.21
GOOGLE1.57
APPLE0.27
ALIBABA0.18
GOLDMAN0.27
PH Markets Fees

Trading Platform

PH Markets allows traders to use MT5 on desktop as well as mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Desktop, MobileSkilled Traders
MT4❌
Trading Platform

Deposit and Withdrawal

PH Markets offers 6 payment methods: MasterCard, NETELLER, Perfect Money, Skrill, VISA, WebMoney. The currency used is the same as the processing time. The minimum deposit is $0.

Payment OptionsCurrencyProcessing Time
MasterCardUSD/EURWithin 24 Hour
NETELLERUSD/EURWithin 24 Hour
Perfect MoneyUSD/EURWithin 24 Hour
SkrillUSD/EURWithin 24 Hour
VISAUSD/EURWithin 24 Hour
WebMoneyUSD/EURWithin 24 Hour
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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meiling10276
more than one year
Well, my experience with this firm was fair enough and I enjoyed their services they render. The trading market is good and very helpful. But lately I have been experiencing some delays and that’s why I have changed to Incòmé Champiōn as they’re more reliable and I haven’t experience any delays with them and their payouts process is smooth and very fast.
Well, my experience with this firm was fair enough and I enjoyed their services they render. The trading market is good and very helpful. But lately I have been experiencing some delays and that’s why I have changed to Incòmé Champiōn as they’re more reliable and I haven’t experience any delays with them and their payouts process is smooth and very fast.
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2024-07-19 16:43
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ᴀʜ тοяиɢ
more than one year
Love the zero-pip spreads at PH Markets. It’s perfect for my quick in-and-out trades!
Love the zero-pip spreads at PH Markets. It’s perfect for my quick in-and-out trades!
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2024-06-18 10:42
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