PTBanc-Overview of Minimum Deposit, Spreads & Leverage

Note: PtBanc's official website: https://www.ptbanc.com is currently inaccessible normally.

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 and Cons

Is PtBanc Legit?

No, PtBanc is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on PtBanc?

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.

Account Type

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).

Leverage

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.

PtBanc Fees

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.

Besides, the brokerage firm publicly states the fact of withdrawal processing fees, but does not specify more details.

Trading Platform

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.

Deposit and Withdrawal

PTBanc accepts payments via Visa, MasterCard, Bitcoin, Skrill, Neteller, wire transfer, Giropay, iDeal, etc.