Please read this Pure Market Broker review before trading to avoid falling victim to a scam.
PureMarket is a CFD broker that was founded in 2016 and offers trading on the MT4 and MT5 platforms. In total, clients have a choice of approximately 388+ assets, most of which are company stocks (291).
Pure Market Broker has average to slightly above average commissions for most trading instruments. For example, the total spread for EUR/USD is 1.5 pips, for USD/JPY it is 1.2 pips.
The situation is a little worse with payments, as for some of the 11 payment methods there is a high commission for both deposits and withdrawals. And with market research and training everything is very bad – neither one nor the other is not here.
And with regulation and reliability everything is very bad. Pure Market Broker is licensed by the VFSC regulator, which is a formality and does not protect traders from fraud in any way. In addition, Pure M Global Ltd (formerly Luquidity FX Broker Ltd) has 4 more brokers with very similar designs: Real Market, PriceMarkets (UK, currently unavailable), 24Domino, Avantgarde-FX. Some of them were illegally providing services in certain countries, and their ratings were inflated due to fake reviews. And of course, in reliable companies there are not many almost identical brokers with different names – this is a sign of fraud.
As a result of this brief review, there are enough reasons why you should not register with Pure Market Broker and others entities owned by Pure M Global Ltd, as this is most likely a scam.
The total score may change after a detailed review of PureMarketBroker.
| Official site | https://puremarketbroker.com |
| Related brokers | https://realmarketbrokers.com https://pricemarkets.com https://24domino.com https://avantgarde-fx.com |
| Year of foundation | 2016 |
| Regulated by | VFSC |
| Trading instruments | 388+ assets CFDs on forex (79), indices (14), stocks (291), cryptocurrencies (4) |
| Spreads and commissions | Average / above average floating spreads EUR/USD – from 0.9 pips + $6/lot USD/JPY – from 0.7 pips + $5/lot FTSE 100 – from 50 pips |
| Most popular | Pure Market Broker in Philippines, South Africa, Nigeria, Pakistan, Kenya, Singapore, UAE, UK, India, Canada, Australia, Malaysia, Netherlands, Indonesia |
| Provision of services in the US, UK, Canada, European Economic Area | the US the UK, the European Economic Area, Canada |
| Min. trade size | 0.01 |
| Leverage | Up to 1:200 |
| Account types | MT4 Account, MT5 Account |
| Minimum deposit | $ 100 |
| Minimum withdrawal | |
| Deposit & withdrawal methods | 11+ |
| Payment Fees | For some methods deposit fees are up 0.5% to 1.5%, for withdrawals are up 0.5% to 4% |
| Trading hours | 24/5 24/7 (For crypto) |
| Trading platforms | MT4, MT5 |
| Mobile App | |
| Demo | |
| Copy Trading | PAMM |
| AT/Robots | |
| Bonus | |
| Affiliate program |
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