Pemaxx Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-30 10:52

Abstract：　　Pemaxx, created in 2023 and registered in Mauritius, is a licensed broker with a license from the Mauritius Financial Services Commission (FSC, No. C24209694). It provides a comprehensive range of trading services, including forex, commodities, cryptocurrency, indices, and stocks, all accessible through the MetaTrader 5 platform, with several account kinds to meet the demands of different traders.

Pemaxx Review Summary
Founded	2023
Registered Country	Mauritius
Regulation	FSC (Offshore regulated)
Market Instruments	Forex, Commodities, Cryptos, CFDs, Indices, Stocks
Demo Account	✅
Leverage	Up to 1:500
Spread (EUR/USD)	From 0.1 pips (ECN account); 0.3–0.6 pip on other accounts
Trading Platform	MetaTrader 5 (MT5)
Minimum Deposit	$10
Customer Support	Phone: +971588351485
Customer Support	Email: support@pemaxx.com

Pemaxx Information

　　Pemaxx, created in 2023 and registered in Mauritius, is a licensed broker with a license from the Mauritius Financial Services Commission (FSC, No. C24209694). It provides a comprehensive range of trading services, including forex, commodities, cryptocurrency, indices, and stocks, all accessible through the MetaTrader 5 platform, with several account kinds to meet the demands of different traders.

Pros and Cons

Pros	Cons
Regulated by Mauritius FSC	No MetaTrader 4 or cTrader platforms
Wide range of tradable instruments	Relatively new, founded only in 2023
Multiple account types, including ECN

Is Pemaxx Legit?

　　Yes, Pemaxx Global Limited is regulated. It holds a Retail Forex License issued by the Financial Services Commission (FSC) of Mauritius, under license number C24209694.

What Can I Trade on Pemaxx?

　　Pemaxx Global Limited provides a wide selection of tradable items, including major forex pairs, commodities, cryptocurrency, indices, and stocks. It portrays itself as a worldwide trusted partner offering a variety of trading solutions.

Tradable Instruments	Supported
Forex	✓
Commodities	✓
Indices	✓
Stocks	✓
Cryptos	✓
Bonds	✗
Options	✗
ETFs	✗

Account Type

　　Pemaxx offers seven different types of live trading accounts, as well as demo accounts for practice. It also has swap-free (Islamic) accounts. Titanium and Diamond accounts are aimed for new traders; Silver and Gold are for small to medium traders; Platinum and Elite are for experienced traders looking for better terms; and the ECN account is for professional traders looking for the lowest spread.

Account Type	Minimum Deposit	Spread (from)	Commission	Suitable for
Titanium	$10	0.6 pips	0	Beginners with minimal capital
Diamond	$30	0.6 pips		Entry-level traders
Silver	$50	0.5 pips		Small account traders
Gold	$100	0.5 pips		Small to medium traders
Platinum	$1,000	0.3 pips		Advanced traders
Elite	$1,000	0.3 pips		Advanced traders needing flexibility
ECN	$5,000	0.1 pips	$7	Professional traders seeking ECN

Leverage

　　Leverage Pemaxx provides leverage of up to 1:500 across its account categories. High leverage can dramatically improve gains on modest price movements, but it also increases the chance of huge losses, particularly in volatile markets, thus traders should exercise caution when using leverage.

Pemaxx Fees

　　Pemaxx Fees Overall, Pemaxx's fees are lower than industry averages, with its ECN account providing ultra-low spreads but a per-lot commission, whereas other accounts offer broader spreads but no commission.

Account Type	Spread from	Commission
ECN	0.1 pips	$7 per lot
Platinum	0.3 pips	0
Elite	0.3 pips
Gold	0.5 pips
Silver	0.5 pips
Diamond	0.6 pips
Titanium	0.6 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 5 (MT5)	✔	Windows, macOS, iOS, Android, Web	Experienced traders
MetaTrader 4 (MT4)	❌	—	Beginners

Deposit and Withdrawal

　　Pemaxx does not impose any deposit or withdrawal fees and provides commission-free transactions across all authorized payment methods. The minimum deposit varies by method, starting at $10.