PINE FX MARKETS Spreads, leverage, minimum deposit Revealed

PINE FX MARKETS Information

　　PINE FX MARKETS is a forex trading broker. The tradable instruments, with four account types with a maximum leverage of 1:500, include commodities, indices, cryptocurrencies, and over 50 currency pairs. The minimum spread is from 0 pips and the minimum deposit is $10. PINE FX MARKETS is still risky due to its suspicious clone status, high leverage, and unspecific withdrawal information.

Pros and Cons

Is PINE FX MARKETS Legit?

　　ASIC regulates PINE FX MARKETS, but the suspicious clone status makes it less safe than regulated brokers.

What Can I Trade on PINE FX MARKETS?

　　Traders can choose different investment directions because the broker provides over 50 currency pairs along with commodities, indices, and cryptocurrencies.

Account Type

　　PINE FX MARKETS has four types of accounts: Classic, ECN, Standard, and Pro. The standard account's minimum spread is up to 2.8 pips and the Pro account's minimum deposit reaches $10000. Traders who want low spreads and low leverage can open an ECN account. Those who prefer low deposits can choose a classic or standard account.

PINE FX MARKETS Fees

　　The spread is from 0 pips, and the classic account's commission is free.

Leverage

　　The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

　　PINE FX MARKETS has an authoritative MT4 trading platform accessible on desktop and mobile. Compared with MT5, junior traders prefer MT4.

Deposit and Withdrawal

　　The minimum deposit is $10.

Customer Support Options

　　PINE FX MARKETS provides 24/7 phonesupport, and traders can contact the broker via phone, email, and social media. Working hours are 8:00-17:00, Mon-Sat.