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PI -

Score

1.61 /10
Danger

PI

Belize

5-10 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

https://www.pi88.com/index.aspx

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Score

Regulatory Index0.00

Business Index7.76

Risk Management Index0.00

Software Index4.00

License Index0.00

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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 : 2026-04-18
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • Current data indicates that this broker does not have trading software. Please be aware of the risk.

WikiFX Verification

PI · Company summary
PI Review Summary
Founded2005
Registered Country/RegionBelize
RegulationNo Regulation
Market InstrumentsForex, Precious Metals, Commodities, and Stock Index Futures
Demo Account✅
LeverageUp to 1:200
EUR/USD Spread2.0 pips
Trading PlatformMT4
Minimum Deposit$50
Customer SupportEmail: info@pi88.com
Social Media: Sina Weibo
Address：D-01-01 Menara Mitraland, No 13 A, Jalan PJU 5/1 , Kota Damansara, 47810, Petaling Jaya, Selangor ,Malaysia.; B-02-18, Plaza Bukit Jalil (Aurora Place) No. 1, Persiaran Jalil 1, Bandar Bukit Jalil, 57000, Kuala Lumpur, Malaysia.
Regional RestrictionsUnited States, Singapore, and Hong Kong SAR, China

PI Information

PI is a financial services company founded in 2005 and registered in Belize, but not regulated by any regulatory body. The company offers a wide range of tradable products such as foreign exchange, precious metals, commodities (such as crude oil) and stock index futures on the MT4 trading platform.

Although PI offers a demo account for investors to practice with, investors need to be cautious when using its services due to the lack of regulation.

In addition, the Company does not provide services to residents of the United States, Singapore, and Hong Kong SAR.

PI's homepage

Pros and Cons

ProsCons
Various trading marketsNo regulation
Demo accounts availableRegional restrictions
MT4 platformUnknown payment methods
Low minimum deposit

Is PI Legit?

No, PI is not regulated. Traders need to be cautious when trading.

No license
Domain information

What Can I Trade on PI?

PI's tradable instruments cover a wide range of financial asset classes, mainly including forex, precious metals, commodities (such as crude oil), and stock index futures.

Tradrable InstrumentsAvailable
forex✔
precious metals✔
commodities✔
indices✔
stock index futures✔
cryptocurrencies❌
bonds❌
options❌
funds❌
ETFs❌
What Can I Trade on PI?

Account Type

PI offers a demo account, which allows traders to test out this platform without risking real money.

It also offers two types of live trading accounts: the Standard Account and the Micro Account.

The Standard Account offers a wider range of trading instruments, covering the Forex, Precious Metals, Stock Index Futures, and Crude Oil markets.

Micro accounts are primarily focused on the forex and precious metals markets and are suitable for small traders or novice investors.

Account comparison

Leverage

PI offers two types of leverage settings for the account: the Micro account has a margin setting of 1:200 leverage, while the Standard account has a margin setting of 1:100 leverage.

Account TypeMaximum Leverage
Micro1:200
Standard account1:100

The larger the trading volume the account is, the smaller the leverage will be applied to avoid exponential growth of possible losses.

Fees

Spread

Trading AssetSpread
Hong Kong futures10 pips
Dow4 pips
Spot gold and silver5 pips
Crude oil6 pips
Forex2-7 pips

Swap Fee

Most products do not have an overnight fee, but some products, such as the Dow, Spot Gold, and Silver, charge an overnight fee of 1 or 2 pips per lot.

Share futures
Gold, silver, and crude oil
Forex

Trading Platform

PI supports trading using the MT4 platform. MetaTrader 4 (MT4) is a trading platform released by the Russian company MetaQuotes specifically for forex trading.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5❌/Experienced traders

User Reviews

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Rebecca
more than one year
Terrible customer service and wait times. No matter when you call, it's always over an hour of waiting. Their self-service portal is no help at all, so you're forced to dial into their customer service hotline.
Terrible customer service and wait times. No matter when you call, it's always over an hour of waiting. Their self-service portal is no help at all, so you're forced to dial into their customer service hotline.
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2024-01-24 23:06
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Jiuedhw
more than one year
Withdrawals are a headache with this broker. Customer service seems to be an expert in dodging the issue, constantly finding excuses to delay withdrawals. It's frustrating when you're trying to access your funds, and all you get is a runaround. Transparency and efficiency are sorely lacking. Overall, not a smooth experience.
Withdrawals are a headache with this broker. Customer service seems to be an expert in dodging the issue, constantly finding excuses to delay withdrawals. It's frustrating when you're trying to access your funds, and all you get is a runaround. Transparency and efficiency are sorely lacking. Overall, not a smooth experience.
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2023-12-28 18:23
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