Pure Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-12 14:20

Abstract：Pure Market was registered in 2016 in Vanuatu, which is a broker offering trading services related to FX pairs, metals, CFDs, indices, and commodities. It uses MT4 and MT5 as trading platforms, and it provides 2 types of accounts, with a minimum deposit of 100 EUR/USD and a maximum leverage of 1:200. However, this company is offshore regulated and it holds a clone license, which means potential risks are high.

Pure MarketReview Summary
Founded	2016
Registered Country/Region	Vanuatu
Regulation	VFSC (offshore), FCA (clone)
Market Instruments	FX pairs, spot metals, CFDs, indices, and commodities
Demo Account	✅
Leverage	Up to 1:200
Spread	From 0.2 pips (MT4 Standard account)
Spread	From 0.0 pips (MT5 Standard account)
Trading Platform	MT4, MT5
Min Deposit	€/$100
Customer Support	Online chat, contact form
	Tel: +44 20 36 088 986 (24/5)
	Email: support@puremarketbroker.com, info@puremarketbroker.com
	Social media: Facebook, Instagram
	Address: Stade, Leasehold Title: 11/0E22/028, Port – Vila, Vanuatu
Regional Restrictions	Afghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Nicaragua, Pakistan, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States, Malaysia, Vanuatu

　　Pure Market was registered in 2016 in Vanuatu, which is a broker offering trading services related to FX pairs, metals, CFDs, indices, and commodities. It uses MT4 and MT5 as trading platforms, and it provides 2 types of accounts, with a minimum deposit of 100 EUR/USD and a maximum leverage of 1:200. However, this company is offshore regulated and it holds a clone license, which means potential risks are high.

Pros and Cons

Pros	Cons
Diverse tradable instruments	Offshore regulation risks
Demo accounts	Clone FCA license
MT4 and MT5 supported	No popular payment methods
No deposit fees	Regional restrictions
Multiple channels for customer support
Live chat support

Is Pure Market Legit?

　　Pure Market is offshore regulated by Vanuatu Financial Services Commission (VFSC). Moreover, it holds a clone license of Financial Conduct Authority (FCA).

Regulated Authority	Current Status	Regulated Country	License Type	License No.
Vanuatu Financial Services Commission (VFSC)	Offshore Regulated	Vanuatu	Retail Forex License	14801
Financial Conduct Authority (FCA)	Clone Firm	UK	Straight Through Processing (STP)	725804

What Can I Trade on Pure Market?

　　On Pure Market's trading platforms, customers can trade FX pairs, spot metals, CFDs, indices, and commodities such as oil.

Tradable Instruments	Supported
FX Pairs	✔
Spot Metals	✔
CFDs	✔
Indices	✔
Commodities	✔
Stocks	❌
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type/Fees

　　Pure Market offers 2 types of accounts, including MT4 Standard Account and MT5 Standard Account. Besides, a demo account is also available.

Account Type	Min Deposit	Max Leverage	Spread	Commission
MT4 Standard	100 EUR/USD	1:200	From 0.2 pips	$30/Million FX, $0 CFDs
MT5 Standard	1,000 EUR/USD	1:200	From 0.0 pips	€6/$6.5 per Standard lot

Leverage

　　The leverage can be up to 1:200 for both account types. Careful considerations are recommended, since high leverage is likely to bring high potential risks.