Pelliron Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-08-21 15:04

Abstract：Registered in Saint Vincent and the Grenadines in 2016, Pelliron serves as a financial brokerage firm, offering a range of trading options including Forex, Commodities, and Stocks through the MT5 trading platform. The company demands a significantly high minimum deposit of $5,000 and provides leverage up to 1:100. It's worth noting that this broker lacks legal regulation from any financial authorities.

Pelliron Review Summary
Founded	2016
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Regulated
Market Instruments	Forex, Commodities and Stocks
Demo Account	✅
Leverage	1:100
EUR/USD Spread	3 pips
Trading Platform	MT5
Min Deposit	$5 000
Customer Support	Tel: +44 2032906161
	Email: info@pelliron.com
	Registered address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, VC0100, Saint Vincent and the Grenadines
	Business address: 160 London Road, Barking, London IG11 8BB, United Kingdom
Regional Restriction	The United States

　　Registered in Saint Vincent and the Grenadines in 2016, Pelliron serves as a financial brokerage firm, offering a range of trading options including Forex, Commodities, and Stocks through the MT5 trading platform. The company demands a significantly high minimum deposit of $5,000 and provides leverage up to 1:100. It's worth noting that this broker lacks legal regulation from any financial authorities.

Pros and Cons

Pros	Cons
MT5 trading platform	Wide spreads
Popular payment options	High minimum deposit ($5,000)
	US clients are not allowed

Is Pelliron Legit?

　　Pelliron currently maintains a regulatory standing within offshore frameworks, classified under the “Business Registration” category, and is overseen by the authorities of Saint Vincent and the Grenadines, holding License No. 2146 LLC 2022.

What Can I Trade on Pelliron?

　　Pelliron only offers three classes of tradable instruments: Forex, Stocks and Commodities.

　　Stocks: Pelliron offers stocks on major US indices: on the New York Stock Exchange (NYSE) and the New York Mercantile Exchange (NYMEX).

　　Commodities:

Agriculture: coffee, corn, cotton, sugar, soybeans, corn...
Metals: platinum, silver, gold, aluminum, copper, palladium, nickel...
Hydrocarbon group and energy carriers: oil, fuel oil, gas, coal and oil products.

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Commodities	✔
Indices	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Leverage

　　Pelliron only mentions that it offers a leverage of 1:100, which is relatively high in the industry. While such high leverage can potentially lead to significant profits in a single trade, it also amplifies losses.

Spread

　　The spreads at Pelliron depend on the financial instruments you choose. For instance, for EUR/USD Pairs trading, the spread is 3pips, which is significantly higher than the industry average and uncompetitive. Even more excessively, the spread for JP225 (Nikkei 225 Index) is 1200pips, which is utterly unacceptable.

Trading Platform

　　Pelliron offers access to MetaTrader 5, an industry standard platform known for its high-tech indicators, charting tools, and other useful features. It can be accessed through PC, web, and mobile devices (iOS and Android). However, trading platforms provided by unregulated brokers have a high potential to be manipulated and pose a threat to your assets.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	iOS, Android, Windows, Web, Android Tablet, Mac OS	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

　　Pelliron supports payments via bank transfers, bank cards, and e-currencies. However, they fail to disclose the fees associated with deposits and withdrawals.