Ikhtisar:PH Markets, a brokerage incorporated in Saint Lucia in 2024. It mainly offers Forex, Precious metals & Commodities, Indices, Cryptocurrency CFDs, Shares to traders, and supports the use of MT5. In addition, it provides 4 account types. Currently, PH Markets is not regulated.
PH MarketsReview Summary | |
Founded | 2024 |
Registered Country/Region | Saint Lucia |
Regulation | No regulation |
Market Instruments | ForexPrecious metals & CommoditiesIndicesCryptocurrency CFDsShares |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | 1.2 (EUR/USD) |
Trading Platform | MT5 |
Min Deposit | $100 |
Customer Support | Phone: +91 9940998183 |
Email: support@phmarketsltd.com | |
Physical Address: New No: 80, old no: 347/1 Basement Arcot Road, Trustpuram, Kodambakkam, Chennai, Tamilnadu, India, 600024 |
PH Markets, a brokerage incorporated in Saint Lucia in 2024. It mainly offers Forex, Precious metals & Commodities, Indices, Cryptocurrency CFDs, Shares to traders, and supports the use of MT5. In addition, it provides 4 account types. Currently, PH Markets is not regulated.
Pros | Cons |
4 account types | No regulation |
The trading platform is MT5 | Leverage up to 1:1000 |
The spread can start at 0 | Minimum deposit is $100 |
Commission starts from 0 | |
Some accounts are exempt from swap fees |
PH Markets is currently unregulated and its website was registered in 2024.
PH Markets' tradable products include 55+ currency pairs,trading metals such as gold, silver, platinum and copper, more than 19 commodities, 16 indices, there are also cryptocurrency CFD products, over 1200 shares in global markets.
Tradable Instruments | Supported |
Currencies | ✔ |
Precious metals & Commodities | ✔ |
Indices | ✔ |
Cryptocurrency CFDs | ✔ |
Shares | ✔ |
Bonds | ❌ |
ETF | ❌ |
PH Markets offers 4 account types: Standard, Premium, Star VIP, ECN Pro.
Among them, the minimum deposit requirement is $100, and on leverage, the maximum can reach 1:1000. Their base currency is the same.
Feature | Standard | Premium | Star VIP | ECN Pro |
Base Currency Options | USD, GBP, EUR | USD, GBP, EUR | USD, GBP, EUR | USD, GBP, EUR |
Minimum Deposit | $100 | $300 | $2,000 | $500 |
Leverage | 100-1000 | 100-400 | 100-300 | 100-200 |
Spreads | starts from 1.5 pips | starts from 1 pip | starts from 0.5 pip | starts from 0 pip |
Contract Size | 100 | 100 | 100 | 100 |
Commission | No | 3 | No | 3 |
Trading Instruments | FOREX, CFD, METAL | FOREX, CFD, METAL | FOREX, CFD, METAL | FOREX, CFD, METAL |
Negative Balance Protection | Yes | Yes | Yes | Yes |
Maximum open/pending orders | 100/100 | 100/100 | 50/50 | 50/50 |
Minimum trade volume | 0.01 | 0.01 | 0.01 | 0.01 |
Maximum trade volume | 30 LOT | 50 LOT | 100 LOT | 100 LOT |
Lot restriction per ticket | 0.01 | 0.01 | 0.01 | 0.01 |
Hedging allowed | YES | YES | YES | YES |
Hedge margin | FREE | FREE | REQUIRED | REQUIRED |
Margin call | 100 | 100 | 150 | 200 |
Stop out | 50 | 50 | 30 | 100 |
Islamic Account | YES | NO | NO | NO |
Order Execution | INSTANT | INSTANT | MARKET EXECUTION | MARKET EXECUTION |
SWAPE | NO | YES | YES | YES |
The spread of the four accounts starts from 0 to 1.5; Commission ranges from 0 to 3. In addition to the standard account for the swap fee, the remaining 3 types of swap fee are free.
In the forex pairs, the spread of EUR/USD is 1.2, and the spread of the rest of the forex pairs remains in the range of 1.7 to 4.1.
Symbol | Typical Spreads in quote currency per unit |
CADCHF | 2.4 |
CADJPY | 2.3 |
CHFJPY | 2.9 |
EURCAD | 2.6 |
EURCHF | 1.9 |
EURGBP | 1.8 |
EURJPY | 1.7 |
EURUSD | 1.2 |
GBPCAD | 4.1 |
GBPCHF | 2.4 |
GBPJPY | 3 |
GBPUSD | 1.8 |
USDCAD | 1.9 |
USDCHF | 1.9 |
USDJPY | 1.7 |
The spread for commodities ranges from 0.06 to 9.0.
Symbol | Description | Typical Spreads in quote |
Cocoa | US Cocoa | 9 |
Coffee | Coffee | 0.98 |
Copper | Copper | 0.008 |
Cotton | US Cotton No.2 | 0.28 |
Sugar | Sugar #11 | 0.06 |
The spread range of the share is 0.27 to 1.91.
Markets | Spread |
AMAZON | 1.91 |
0.21 | |
1.57 | |
APPLE | 0.27 |
ALIBABA | 0.18 |
GOLDMAN | 0.27 |
PH Markets allows traders to use MT5 on desktop as well as mobile.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Desktop, Mobile | Skilled Traders |
MT4 | ❌ |
PH Markets offers 6 payment methods: MasterCard, NETELLER, Perfect Money, Skrill, VISA, WebMoney. The currency used is the same as the processing time. The minimum deposit is $0.
Payment Options | Currency | Processing Time |
MasterCard | USD/EUR | Within 24 Hour |
NETELLER | USD/EUR | Within 24 Hour |
Perfect Money | USD/EUR | Within 24 Hour |
Skrill | USD/EUR | Within 24 Hour |
VISA | USD/EUR | Within 24 Hour |
WebMoney | USD/EUR | Within 24 Hour |
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