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Pi Capital Market Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-03-07 11:01

Abstract:Pi Capital Market, a trading platform operating in Macedonia, is currently facing concerns regarding its regulatory status. It has come to light that the company lacks valid regulation, leaving its operations without oversight from government or financial authorities. Compounding the issue, the official website of Pi Capital Market is inaccessible, raising suspicions that the trading platform may have absconded. On the website, there are various images showcasing a seemingly functional web trading platform.

  Note: Pi Capital Markets official site - https://picapitalmarkets.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

  

Risk Warning

  

  Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

  

General Information

  

Pi Capital Market Review Summary
Registered Country/Region Macedonia
Regulation No regulation
Market Instruments N/A
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms Web-based trading platform
Minimum Deposit N/A
Customer Support Phone, email, Facebook, Twitter, Instagram

  

What is Pi Capital Market?

  

  Pi Capital Market, a trading platform operating in Macedonia, is currently facing concerns regarding its regulatory status. It has come to light that the company lacks valid regulation, leaving its operations without oversight from government or financial authorities. Compounding the issue, the official website of Pi Capital Market is inaccessible, raising suspicions that the trading platform may have absconded. On the website, there are various images showcasing a seemingly functional web trading platform.

  In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

  

Pros & Cons

  

Pros & Cons
Pros Cons
• Social media presence • Website is unavailable
• Phone and email support available • Not MT4 supported
• Not regulated
• Report of unable to withdraw

  

Pi Capital Market Alternative Brokers

  

  There are many alternative brokers to Pi Capital Market depending on the specific needs and preferences of the trader. Some popular options include:

  •   AETOS - A global forex and CFD broker providing competitive trading services and advanced trading platforms to traders worldwide.

  •   BlackBull Markets – A reputable forex and CFD broker known for its institutional-grade liquidity, competitive pricing, and advanced trading technology.

  •   ForexChief – A reputable forex broker known for its transparent trading conditions, diverse account types, and competitive trading platforms.

  

Is Pi Capital Market Safe or Scam?

  

  Pi Capital Market currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of Pi Capital Market is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

  If you are considering investing with Pi Capital Market, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

  

Trading Platforms

  

  Pi Capital Market 's website presents a range of images displaying a fully functional web trading platform, which creates an expectation of comprehensive trading services for potential users. However, upon completing the registration process and accessing the platform, users have encountered a significant discrepancy. Instead of the anticipated trading platform, they are met with a simplistic chart that solely provides information on the current Bitcoin prices. This chart lacks essential trading functionalities, indicating that Pi Capital Market may not possess the technical capacity to fulfill the services they promote.

  Such a situation raises concerns about the platform's credibility and the accuracy of the information presented on their website. It is advisable for individuals considering Pi Capital Market to exercise caution and conduct further research before committing any funds or providing personal information. Contacting their customer support to seek clarification on the available trading features and platforms could also be helpful in gaining a clearer understanding of their services. See the trading platform comparison table below:

Broker Trading Platform
Pi Capital Market The web- based platform
AETOS MT4
BlackBull Markets MT4, MT5
ForexChief Trading software, MT4, MT5

  

User Exposure on WikiFX

  

  On our website, you can see that a report of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

  

Customer Service

  

  Customers can visit their office or get in touch with customer service line using the information provided below:

  Telephone: +905528045928

  Email: info@picapitalmarket.com

  Address: Bull. Sv.Kliment Ohridski no 63 9 floor, Skopje 1000, Kuzey Makedonya

  Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram and Linkedin.

  Twitter: https://twitter.com/piinvestmentTR

  Facebook: https://www.facebook.com/piinvestmenttt

  Instagram: https://www.instagram.com/pi.investment.turkey/?hl=tr

  

Conclusion

  

  In conclusion, Pi Capital Market currently lacks valid regulation and is operating without government or financial authority oversight. This lack of regulation raises concerns about the safety and transparency of the trading platform. Additionally, the inaccessibility of the official website further adds to suspicions that Pi Capital Market may have absconded. As a result, investing in Pi Capital Market carries significant risk. It is strongly advised to explore alternative investment options with regulated and established financial institutions to ensure the security of investment capital.

  

Frequently Asked Questions (FAQs)

  

Frequently Asked Questions (FAQs)
Q 1: Is Pi Capital Market regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Pi Capital Market?
A 2: You can contact via telephone, +905528045928 and email, info@picapitalmarket.com.
Q 3: Does Pi Capital Market offer demo accounts?
A 3: No.
Q 4: Does Pi Capital Market offer the industry leading MT4 & MT5?
A 4: No. Instead, it offers the Web- Based Platform.
Q 5: Is Pi Capital Market a good broker for beginners?
A 5: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

Related broker

No Regulation
Pi Capital Market
Company name:Pi Capital Market
Score
1.48
Website:https://picapitalmarkets.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.48

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