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Pure Market -

Score

2.34 /10
Danger

Pure Market

Vanuatu

5-10 years

Regulated in Vanuatu

Retail Forex License

MT4 Full License

Regional Brokers

Clone Firm United Kingdom

High potential risk

Offshore Regulated

https://www.puremarketbroker.com

Influence

C

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index3.05

Business Index7.27

Risk Management Index0.00

Software Index9.29

License Index0.00

Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Pure M Global LTD

Company Abbreviation

Pure Market

Platform registered country and region

Vanuatu

Company website

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Instagram

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-09
  • The claimed United KingdomFCA regulation (license number: 725804) is verified as a clone firm. Please pay attention to the risk!
  • The Vanuatu VFSC regulation with license number: 14801 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
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Pure Market · Company summary
Pure MarketReview Summary
Founded2016
Registered Country/RegionVanuatu
RegulationVFSC (offshore), FCA (clone)
Market InstrumentsFX pairs, spot metals, CFDs, indices, and commodities
Demo Account✅
LeverageUp to 1:200
SpreadFrom 0.2 pips (MT4 Standard account)
From 0.0 pips (MT5 Standard account)
Trading PlatformMT4, MT5
Min Deposit€/$100
Customer SupportOnline chat, contact form
Tel: +44 20 36 088 986 (24/5)
Email: support@puremarketbroker.com, info@puremarketbroker.com
Social media: Facebook, Instagram
Address: Stade, Leasehold Title: 11/0E22/028, Port – Vila, Vanuatu
Regional RestrictionsAfghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Nicaragua, Pakistan, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States, Malaysia, Vanuatu

Pure Market was registered in 2016 in Vanuatu, which is a broker offering trading services related to FX pairs, metals, CFDs, indices, and commodities. It uses MT4 and MT5 as trading platforms, and it provides 2 types of accounts, with a minimum deposit of 100 EUR/USD and a maximum leverage of 1:200. However, this company is offshore regulated and it holds a clone license, which means potential risks are high.

Pure Market's homepage

Pros and Cons

Pros Cons
Diverse tradable instrumentsOffshore regulation risks
Demo accountsClone FCA license
MT4 and MT5 supportedNo popular payment methods
No deposit feesRegional restrictions
Multiple channels for customer support
Live chat support

Is Pure Market Legit?

Pure Market is offshore regulated by Vanuatu Financial Services Commission (VFSC). Moreover, it holds a clone license of Financial Conduct Authority (FCA).

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Vanuatu Financial Services Commission (VFSC)Offshore RegulatedVanuatuRetail Forex License14801
Financial Conduct Authority (FCA)Clone FirmUKStraight Through Processing (STP)725804
Offshore regulated by VFSC
Clone FCA license
Domain information

What Can I Trade on Pure Market?

On Pure Market's trading platforms, customers can trade FX pairs, spot metals, CFDs, indices, and commodities such as oil.

Tradable Instruments Supported
FX Pairs✔
Spot Metals✔
CFDs✔
Indices✔
Commodities✔
Stocks❌
Cryptos❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Pure Market?

Account Type/Fees

Pure Market offers 2 types of accounts, including MT4 Standard Account and MT5 Standard Account. Besides, a demo account is also available.

Account Type Min DepositMax LeverageSpreadCommission
MT4 Standard 100 EUR/USD1:200From 0.2 pips$30/Million FX, $0 CFDs
MT5 Standard1,000 EUR/USDFrom 0.0 pips€6/$6.5 per Standard lot
Account comparison
Account comparison

Leverage

The leverage can be up to 1:200 for both account types. Careful considerations are recommended, since high leverage is likely to bring high potential risks.

Trading Platform

Pure Market uses MT4 and MT5 as its trading platforms, which are available on PC, web, and mobile devices.

Trading PlatformSupported Available Devices Suitable for
MT4✔Web, PC, mobileBeginners
MT5✔Web, PC, mobileExperienced traders
MT4
MT5

Deposit and Withdrawal

Pure Market supports 4 types of payment options: Sepa, Bitcoin, Ethereum, and Tether.

Payment OptionsDeposit Fees Withdrawal Fees
SEPA❌€5
BITCOIN❌
ETHREUM
TETHER
Deposit and Withdrawal

User Reviews

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User comment

7

Comments

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7791
more than one year
It's pretty chill—easy to navigate and the support team is always ready to help. But the fees for opening and closing trades caught me off guard. Just keep that in mind if you're thinking about jumping in.
It's pretty chill—easy to navigate and the support team is always ready to help. But the fees for opening and closing trades caught me off guard. Just keep that in mind if you're thinking about jumping in.
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2024-06-27 15:20
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Geeky
more than one year
Trading with Pure Market? It's been okay. Their service - pretty solid and the communication was spot on. Uri, one of their brokers, was really good at finding deals within my budget. That was neat. What wasn’t so neat was their fee structure. High commission, charges for opening and closing trades, even a withdrawal fee. All those costs started eating into my profits. That's something I didn't experience with other brokers. On a brighter note, their customer support was prompt and withdrawals were smooth. After a year of trading though, I’m still waiting to see some serious profits. To sum up, Pure Market has its upsides but the downsides are there too.
Trading with Pure Market? It's been okay. Their service - pretty solid and the communication was spot on. Uri, one of their brokers, was really good at finding deals within my budget. That was neat. What wasn’t so neat was their fee structure. High commission, charges for opening and closing trades, even a withdrawal fee. All those costs started eating into my profits. That's something I didn't experience with other brokers. On a brighter note, their customer support was prompt and withdrawals were smooth. After a year of trading though, I’m still waiting to see some serious profits. To sum up, Pure Market has its upsides but the downsides are there too.
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2024-05-15 13:39
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