PIPWISE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-03 21:01

Abstract：PIPWISE is a broker founded in 2022 and registered in Georgia, offering 8 types of trading instruments including forex, metals, energies, stocks, indices, cryptocurrencies, commodities, and bonds. The platform supports the MT5 trading platform, offers leverage up to 1:1000, has a minimum deposit of $50, and provides various payment methods. However, it is unregulated and does not support MT4.

PIPWISEReview Summary
Founded	2022
Registered Country/Region	Georgia
Regulation	No regulation
Market Instruments	Forex, metals, energies, stocks, indices, cryptocurrencies, commodities and bonds
Demo Account	/
Leverage	Up to 1:1000
Spread	From 10 Points
Trading Platform	MT5
Minimum Deposit	$50
Customer Support	Chat online
	Phone: +447350511176; +447700105208; +447350511176
	Email: support@pipwise.com
	Contact form

PIPWISE Information

　　PIPWISE is a broker founded in 2022 and registered in Georgia, offering 8 types of trading instruments including forex, metals, energies, stocks, indices, cryptocurrencies, commodities, and bonds. The platform supports the MT5 trading platform, offers leverage up to 1:1000, has a minimum deposit of $50, and provides various payment methods. However, it is unregulated and does not support MT4.

Pros and Cons

Pros	Cons
Various trading instruments	No regulation
MT5 provided	MT4 not available
Various payment methods
Promotions offered
Live chat support

Is PIPWISE Legit ?

　　PIPWISE is unregulated. Its official domain, pipwise.com, was registered on August 2, 2022, and will expire on August 2, 2025.

What Can I Trade on PIPWISE?

　　PIPWISE offers eight types of trading instruments: forex, metals, energies, stocks, indices, cryptocurrencies, commodities and bonds.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Energies	✔
Stocks	✔
Indices	✔
Cryptocurrencies	✔
Commodities	✔
Bonds	✔

Account Type & Fees

　　PIPWISE offers three types of trading accounts: Standard, ECN, and ECN PRO. PIPWISE offers leverage of up to 1:1000. The Standard account has no trading commission, the ECN account charges $5 per lot, and the ECN PRO account charges $3 per lot.

	Standard	ECN	ECN PRO
Minimum Deposit	$50	$500	$1,000
Leverage	Up to 1:1000	Up to 1:1000	Up to 1:1000
Spread	From 10 Points	From 0 Point	From 0 Point
Commission	No Commission	$5 per lot	$3 per lot

Trading Platform

　　PIPWISE supports MT5 but does not support MT4.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, macOS, iOS, Android	Experienced traders
MT4	❌	/	Beginner

Deposit and Withdrawal

　　The minimum deposit at PIPWISE is $50. Besides, PIPWISE offers three payment methods with commission-free transactions.

Cryptocurrency: supports Bitcoin, Ethereum, and Tether, compatible with multiple networks (TRC20, ERC20, BEP20), ideal for digital asset users.
Perfect Money: supports USD deposits and withdrawals via the Perfect Money gateway, suitable for users who prefer electronic payment systems.
STICPAY: supports deposits and withdrawals through the STICPAY gateway using Visa and Mastercard. Withdrawals require transferring funds from the trading account to the wallet first, then submitting a request.

　　In addition, PIPWISE also supports Tcpay and major credit cards (Visa/Mastercard). For other payment options, users can contact customer service at support@pipwise.com.