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PALM CAPITAL Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-06 14:51

Abstract:Palm Global Ltd is a global forex and CFD broker, authorised and regulated by the Securities Commission of the Bahamas, license number SIA-F191. Founded by an experienced and dedicated team of online finance professionals.

Palm GlobalReview Summary
Founded2023
Registered Country/RegionBahamas
RegulationOffshore regulation
Market InstrumentsOver 40 currency pairs, commodities and precious metals
Demo Account✔
LeverageUp to 1:200
SpreadStarting from 0.17 pips
Trading PlatformMetaTrader 4
Min Deposit$100
Customer SupportPhone: +44 203 1502654
Email: info@palmglobalcapital.com
Physical Address: Trinity Place Annex Corner Frederick and Shirley Streets, Nassau, Bahamas Palm Global Capital Ltd.

Palm Global Information

  Palm Global Ltd is a global forex and CFD broker, authorised and regulated by the Securities Commission of the Bahamas, license number SIA-F191. Founded by an experienced and dedicated team of online finance professionals.

Palm Global Information

Pros and Cons

ProsCons
Diversified trading productsOffshore regulation
Support MT4
Various accounts
No hidden costs

Is Palm Global Legit?

  It is clear that Palm Global is offshore regulated by the Securities Commission of the Bahamas, license number SIA-F191.

Is Palm Global Legit?
Is Palm Global Legit?

What Can I Trade on Palm Global?

  Palm Global offers traders the opportunity to trade a wide range of markets, including over 40 currency pairs, commodities and precious metals.

What Can I Trade on Palm Global?

Account Types

  Palm Global offers a total of 5 different types of accounts to traders - Standard accounts, Gold accounts, VIP accounts , ECN accounts and demo accounts.

STANDARDGOLDVIPECN
Minimum deposit$100$ 1,000$ 5,000$ 10,000
EURUSD spread (average 24hrs)1.571.170.770.17
CommissionsNoNoNoYes
Minimum trade size in lots0.010.010.010.01
Maximum leverage*200:1200:1200:1100:1
Hedging allowedYesYesYesYes
EAs allowedYesYesYesYes

Palm Global Fees

  Palm Global claims to offer low spreads and split spreads overview by market and account type. The spread shown for indices and commodities is the in-hours spread, which is the minimum spread they quote for these symbols.

  The EURUSD average spread for standard account is 1.57 pips. Gold account is 1.17 pips. For VIP account, it is 0.77 and ECN account is 0.17 pips.

Palm Global Fees

Trading Platform

  Aifactor's trading platform is MT4, which supports traders on the web and mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Web, MobileBeginner
MT5❌
Trading Platform

Deposit and Withdrawal

  The broker supports four payment methods, including credit cards, wire transfers, and web money.

  Deposit

DescriptionCurrenciesMinimumMaximumTransaction Time
Bank transferUSD, EUR, GBP150No maxUp to 5 working days

  Withdrawal

DescriptionCurrenciesMinimum*Transaction Time
Bank transferUSD, EUR, GBP100Up to 5 working days
Deposit and Withdrawal
Deposit and Withdrawal

  

Related broker

Offshore Regulated
PALM CAPITAL
Company name:Palm Global Capital Ltd
Score
4.28
Website:https://www.palmglobalcapital.com/en
2-5 years | Regulated in Bahamas | Derivatives Trading License (MM) | MT4 Full License
Score
4.28

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