PLUNOX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-27 18:39

Abstract：PLUNOX trades many trading products through their web-based trading platform with four types of live accounts offered. However, recently, it has no regulations and its website is not accessible.

　　Note: PLUNOX' official website: https://plunox.net/ is currently inaccessible normally.

　　PLUNOX trades many trading products through their web-based trading platform with four types of live accounts offered. However, recently, it has no regulations and its website is not accessible.

Pros and Cons

Pros	Cons
Flexible leverage	No regulated
	Inaccessible website
	High minimum deposit required
	No MT4 supported

Is PLUNOX Legit?

　　As of now, PLUNOX is not regulated by any institution like FCA. Besides, its website is not accessed. Therefore, it might be a scam.

What Can I Trade on PLUNOX?

　　PLUNOX offers 60+ FX pairs, metals, indices, and commodities to trade.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Metals	✔
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type/Leverage

　　PLUNOX offers Bronze, Platinum, Gold and Silver accounts with the minimum deposit of $250, $50 000, $10 000 and $2,000 respectively. Compared with other brokers, these fees are rather high.

　　Besides, each account offers different leverage: 1:100 for the Bronze account, 1:400 for the Platinum account, 1:300 for the Gold account and 1:200 for the Silver account.

Account Type	MinDeposit	Max Leverage
Bronze	$250	1:100
Silver	$2,000	1:200
Gold	$10,000	1:300
Platinum	$50,000	1:400

Trading Platform

　　Plunox offers one of the most basic trading platform - Web-based platform, and it cannot hold a candle to the industry-standard Metatrader 5, which boasts advanced automated trading features.

Customer Service

　　PLUNOX offers contact options via phone and email.

Contact Options	Details
Phone	+442080974560
Email	support@plunox.ne
Contact Form	❌
Online Chat	❌
Social Media	❌
Supported Language	English
Website Language	❌
Physical Address	❌

The Bottom Line

　　In conclusion, PLUNOX is a forex trader who offers many class assets. Nevertheless, it is not suitable for novices due to their unsafe trading condition such as unregulated status and high minimum deposit requirements.