PLUNOX

Note: PLUNOX' official website: https://plunox.net/ is currently inaccessible normally.

PLUNOX trades many trading products through their web-based trading platform with four types of live accounts offered. However, recently, it has no regulations and its website is not accessible.

Pros and Cons

Is PLUNOX Legit?

As of now, PLUNOX is not regulated by any institution like FCA. Besides, its website is not accessed. Therefore, it might be a scam.

What Can I Trade on PLUNOX?

PLUNOX offers 60+ FX pairs, metals, indices, and commodities to trade.

Account Type/Leverage

PLUNOX offers Bronze, Platinum, Gold and Silver accounts with the minimum deposit of $250, $50 000, $10 000 and $2,000 respectively. Compared with other brokers, these fees are rather high.

Besides, each account offers different leverage: 1:100 for the Bronze account, 1:400 for the Platinum account, 1:300 for the Gold account and 1:200 for the Silver account.

Trading Platform

Plunox offers one of the most basic trading platform - Web-based platform, and it cannot hold a candle to the industry-standard Metatrader 5, which boasts advanced automated trading features.

Customer Service

PLUNOX offers contact options via phone and email.

The Bottom Line

In conclusion, PLUNOX is a forex trader who offers many class assets. Nevertheless, it is not suitable for novices due to their unsafe trading condition such as unregulated status and high minimum deposit requirements.

FAQs

Is PLUNOX safe?

No. It has no regulation and their website is not available.

Is PLUNOX good for day trading?

No.

What security measures does PLUNOX have in place to protect my funds and personal information?

No.