Score
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index7.24
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
PtBanc
Company Abbreviation
PtBanc
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
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Note: PtBanc's official website: https://www.ptbanc.com is currently inaccessible normally.
| PtBancReview Summary | |
| Founded | 2018 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | CFDs on forex currency pairs, indices, precious metals, stocks, cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:100 |
| EUR/USD Spread | 3 pips |
| Trading Platform | Web |
| Min Deposit | $1 000 |
| Customer Support | Tel: +44 2038073537 |
| Email: support.ru@PtBanc.com | |
PtBanc was registered in the United Kingdom in 2018 and is not regulated. It offers leverage as high as 1:100 and wide spread of 3 pips. Its minimum deposit requirement is very high, at $1 000. It provides a variety of trading instruments via a web-based trading platform.
| Pros | Cons |
| Diverse trading assets | Inaccessible website |
| Multiple payment options | Unregulated |
| High spreads | |
| Not supported MT4 or MT5 | |
| Extremely high minimum deposit |
No, PtBanc is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
PTBanc offers investors a wide range of financial trading products, mainly including CFDs on foreign exchange currency pairs, indices, precious metals, stocks, and other popular cryptocurrency products.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Precious metals | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
PTBanc offers the following account types, as well as Platinum and VIP account types, which are not included in the table due to the extremely high initial investment required (over $20,000).
| Account Type | MinDeposit |
| Classic | $1,000 |
| Silver | $2,500 |
| Gold | $5,000 |
PTBanc offers the maximum trading leverage of up to 1:100 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
The spreads offered on PTBanc's platform for EUR/USD are 3 pips, much higher than the industry standard, with most well-regulated brokers offering EURUSD spreads between 1.1 and 1.5 pips. Wider spreads mean higher transaction costs.
| Account Type | Spread |
| Classic | 3.0 pips, fixed |
| Silver | 3.0 pips, fixed |
| Gold | 3.0 pips, fixed |
Besides, the brokerage firm publicly states the fact of withdrawal processing fees, but does not specify more details.
PTBanc offers investors a web-based trading platform rather than the big-name MT4/MT5 trading platform. The charts on this online trading platform are very simple and basic and lack some advanced features.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
PTBanc accepts payments via Visa, MasterCard, Bitcoin, Skrill, Neteller, wire transfer, Giropay, iDeal, etc.
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2023-02-22 17:56
