Score

1.41 /10
Danger

PLUNOX

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.24

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

PLUNOX · Company summary

Note: PLUNOX' official website: https://plunox.net/ is currently inaccessible normally.

PLUNOX trades many trading products through their web-based trading platform with four types of live accounts offered. However, recently, it has no regulations and its website is not accessible.

PLUNOX

Pros and Cons

Pros Cons
Flexible leverageNo regulated
Inaccessible website
High minimum deposit required
No MT4 supported

Is PLUNOX Legit?

As of now, PLUNOX is not regulated by any institution like FCA. Besides, its website is not accessed. Therefore, it might be a scam.

What Can I Trade on PLUNOX?

PLUNOX offers 60+ FX pairs, metals, indices, and commodities to trade.

Tradable Instruments Supported
Forex
Commodities
Indices
Metals
Shares
ETFs
Bonds
Mutual Funds

Account Type/Leverage

PLUNOX offers Bronze, Platinum, Gold and Silver accounts with the minimum deposit of $250, $50 000, $10 000 and $2,000 respectively. Compared with other brokers, these fees are rather high.

Besides, each account offers different leverage: 1:100 for the Bronze account, 1:400 for the Platinum account, 1:300 for the Gold account and 1:200 for the Silver account.

Account TypeMinDepositMax Leverage
Bronze$2501:100
Silver$2,0001:200
Gold$10,0001:300
Platinum$50,0001:400
Account comparison

Trading Platform

Plunox offers one of the most basic trading platform - Web-based platform, and it cannot hold a candle to the industry-standard Metatrader 5, which boasts advanced automated trading features.

WebTrader

Customer Service

PLUNOX offers contact options via phone and email.

Contact Options Details
Phone +442080974560
Email support@plunox.ne
Contact Form
Online Chat
Social Media
Supported Language English
Website Language
Physical Address

The Bottom Line

In conclusion, PLUNOX is a forex trader who offers many class assets. Nevertheless, it is not suitable for novices due to their unsafe trading condition such as unregulated status and high minimum deposit requirements.

FAQs

Is PLUNOX safe?

No. It has no regulation and their website is not available.

Is PLUNOX good for day trading?

No.

What security measures does PLUNOX have in place to protect my funds and personal information?

No.

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