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PINE FX MARKETS -

Suspicious Clone

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PINE FX MARKETS

Item: PINE FX MARKETS
Rating: 1.34

Australia|2-5 years|

Suspicious Scope of Business|High potential risk|

https://pinefxmarkets.com/

Website

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Rating Index

Contact

support@pinefxmarkets.com

https://pinefxmarkets.com/

Licenses

ASIC Suspicious Clone

Australia AR

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Warning: Low score, please stay away! 2

Previous Detection : 2024-11-22

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

The AustraliaASIC regulation (license number: 001300149) claimed by this broker is suspected to be clone. Please be aware of the risk!

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PINE FX MARKETS · WikiFX Survey

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PINE FX MARKETS · Company Summary

PINE FX MARKETSReview Summary
Founded	2024-02-23
Registered Country/Region	Australia
Regulation	Suspicious Clone
Market Instruments	Currency Pairs, Commodities, Indices, Cryptocurrencies
Demo Account	❌
Leverage	Up to 1:500
Spread	As low as 0 pips
Trading Platform	MT4(Desktop/Mobile)
Min Deposit	$10
Customer Support	Phone: +01-246-357(Any time 24/7)
	Email: contact@transp.eu.com
	Social Media: Facebook, Twitter, YouTube, etc.

PINE FX MARKETS Information

PINE FX MARKETS is a forex trading broker. The tradable instruments, with four account types with a maximum leverage of 1:500, include commodities, indices, cryptocurrencies, and over 50 currency pairs. The minimum spread is from 0 pips and the minimum deposit is $10. PINE FX MARKETS is still risky due to its suspicious clone status, high leverage, and unspecific withdrawal information.

Pros and Cons

Pros	Cons
24/7 customer support	Suspicious Clone
MT4 available	Demo account unavailable
Leverage up to 1:500	No specific withdrawal information
Spread as low as 0 pips
Various assets: currency pairs, commodities, etc.

Is PINE FX MARKETS Legit?

ASIC regulates PINE FX MARKETS, but the suspicious clone status makes it less safe than regulated brokers.

What Can I Trade on PINE FX MARKETS?

Traders can choose different investment directions because the broker provides over 50 currency pairs along with commodities, indices, and cryptocurrencies.

Tradable Instruments	Supported
Currency Pairs	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

PINE FX MARKETS has four types of accounts: Classic, ECN, Standard, and Pro. The standard account's minimum spread is up to 2.8 pips and the Pro account's minimum deposit reaches $10000. Traders who want low spreads and low leverage can open an ECN account. Those who prefer low deposits can choose a classic or standard account.

Account Type	Classic	ECN	Standard	Pro
Minimum Deposit	$10	$300	$10	$10000
Available Currencies	USD	USD	USD	USD
Spreads From	1.9 pips	0.2 pips	2.8 pips	0.1 pips
Max Leverage	1:500	1:400	1:500	1:400

PINE FX MARKETS Fees

The spread is from 0 pips, and the classic account's commission is free.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

PINE FX MARKETS has an authoritative MT4 trading platform accessible on desktop and mobile. Compared with MT5, junior traders prefer MT4.

Trading Platform	Supported	Available Devices
MT4	✔	Desktop/Mobile

Deposit and Withdrawal

The minimum deposit is $10.

Customer Support Options

PINE FX MARKETS provides 24/7 phonesupport, and traders can contact the broker via phone, email, and social media. Working hours are 8:00-17:00, Mon-Sat.

Contact Options	Details
Phone	+01-246-357 (Any time 24/7)
Email	contact@transp.eu.com
Social Media	Facebook, Twitter, YouTube, etc.
Supported Language	English
Website Language	English
Physical Address	4517 Washington Ave.Manchester,Kentucky 39495