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PEMAXX GLOBAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:55

Abstract:  Pemaxx, created in 2023 and registered in Mauritius, is a licensed broker with a license from the Mauritius Financial Services Commission (FSC, No. C24209694). It provides a comprehensive range of trading services, including forex, commodities, cryptocurrency, indices, and stocks, all accessible through the MetaTrader 5 platform, with several account kinds to meet the demands of different traders.

Pemaxx Review Summary
Founded2023
Registered CountryMauritius
RegulationFSC (Offshore regulated)
Market InstrumentsForex, Commodities, Cryptos, CFDs, Indices, Stocks
Demo Account✅
LeverageUp to 1:500
Spread (EUR/USD)From 0.1 pips (ECN account); 0.3–0.6 pip on other accounts
Trading PlatformMetaTrader 5 (MT5)
Minimum Deposit$10
Customer SupportPhone: +971588351485
Email: support@pemaxx.com

Pemaxx Information

  Pemaxx, created in 2023 and registered in Mauritius, is a licensed broker with a license from the Mauritius Financial Services Commission (FSC, No. C24209694). It provides a comprehensive range of trading services, including forex, commodities, cryptocurrency, indices, and stocks, all accessible through the MetaTrader 5 platform, with several account kinds to meet the demands of different traders.

Pemaxx's homepage

Pros and Cons

ProsCons
Regulated by Mauritius FSCNo MetaTrader 4 or cTrader platforms
Wide range of tradable instrumentsRelatively new, founded only in 2023
Multiple account types, including ECN

Is Pemaxx Legit?

  Yes, Pemaxx Global Limited is regulated. It holds a Retail Forex License issued by the Financial Services Commission (FSC) of Mauritius, under license number C24209694.

Offshore regulated by FSC)

What Can I Trade on Pemaxx?

  Pemaxx Global Limited provides a wide selection of tradable items, including major forex pairs, commodities, cryptocurrency, indices, and stocks. It portrays itself as a worldwide trusted partner offering a variety of trading solutions.

Tradable InstrumentsSupported
Forex✓
Commodities✓
Indices✓
Stocks✓
Cryptos✓
Bonds✗
Options✗
ETFs✗
What Can I Trade on Pemaxx?

Account Type

  Pemaxx offers seven different types of live trading accounts, as well as demo accounts for practice. It also has swap-free (Islamic) accounts. Titanium and Diamond accounts are aimed for new traders; Silver and Gold are for small to medium traders; Platinum and Elite are for experienced traders looking for better terms; and the ECN account is for professional traders looking for the lowest spread.

Account TypeMinimum DepositSpread (from)CommissionSuitable for
Titanium$100.6 pips0Beginners with minimal capital
Diamond$30Entry-level traders
Silver$500.5 pipsSmall account traders
Gold$100Small to medium traders
Platinum$1,0000.3 pipsAdvanced traders
Elite$1,000Advanced traders needing flexibility
ECN$5,0000.1 pips$7Professional traders seeking ECN
Account comparison

Leverage

  Leverage Pemaxx provides leverage of up to 1:500 across its account categories. High leverage can dramatically improve gains on modest price movements, but it also increases the chance of huge losses, particularly in volatile markets, thus traders should exercise caution when using leverage.

Pemaxx Fees

  Pemaxx Fees Overall, Pemaxx's fees are lower than industry averages, with its ECN account providing ultra-low spreads but a per-lot commission, whereas other accounts offer broader spreads but no commission.

Account TypeSpread fromCommission
ECN0.1 pips$7 per lot
Platinum0.3 pips0
Elite
Gold0.5 pips
Silver
Diamond0.6 pips
Titanium

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 5 (MT5)✔Windows, macOS, iOS, Android, WebExperienced traders
MetaTrader 4 (MT4)❌—Beginners
MT5

Deposit and Withdrawal

  Pemaxx does not impose any deposit or withdrawal fees and provides commission-free transactions across all authorized payment methods. The minimum deposit varies by method, starting at $10.

Payment MethodMinimum DepositFeesProcessing Time
Credit Card$100Instant
Bank Transfer$50
PayPal$20
Cheque$200
Deposit and Withdrawal

Related broker

Not Regulated
PEMAXX GLOBAL
Company name:Pemaxx Global Limited
Score
2.07
Website:https://pemaxx.com/
2-5 years | Questionable Regulatory License | MT5 Full License | Regional Brokers
Score
2.07

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