PH Markets Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-12-06 14:46Abstract：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 Information
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 and Cons
| 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 |
Is PH Markets Legit?
PH Markets is currently unregulated and its website was registered in 2024.
What Can I Trade on PH Markets?
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 | ❌ |
Account Types
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 |
PH Markets Fees
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 |
Trading Platform
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 | ❌ |
Deposit and Withdrawal
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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