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Pipspool Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-03 18:55

Abstract:Pipspool was founded by Pipspool LLC in Comoros in 2024. It provides many trading assets, including Forex, CFDs, Indices, Metals, Commodities, and Shares with spread from 0.0 pips via the MT5 platform. However, its regulatory status is exceeded.

PipspoolReview Summary
Founded2024
Registered Country/RegionComoros
RegulationFCA ( Exceeded )
Market InstrumentsForex, CFDs, Indices, Metals, Commodities, Shares, etc.
Demo Account✅
Leverage/
SpreadFrom 0.0 pips
Trading PlatformMT5
Min Deposit/
Customer SupportTel: +27 (0) 31 830 5536
Email: info@pipspool.com
Address: Hamchaku, Mutsamudu, The Autonomous island of Anjouan, Union of Comoros
Pipspool LLC. 2, Ncondo Place, Ringside, Umhlanga Ridge Durban, 4320, South Africa

  Pipspool was founded by Pipspool LLC in Comoros in 2024. It provides many trading assets, including Forex, CFDs, Indices, Metals, Commodities, and Shares with spread from 0.0 pips via the MT5 platform. However, its regulatory status is exceeded.

Pipspool's homepage

Pros and Cons

Pros Cons
Various trading assetsExceeded regulation
Offer demo accountsRelatively new
Multiple account typesLack of transparency
Popular trading platform MT5

Is Pipspool Legit?

Regulatory Status Exceeded
Regulated by Financial Conduct Authority (FCA)
Licensed Institution Pipspool LLC
Licensed TypeCommon Business Registration
Licensed Number15947867

  No, Pipspool's regulation is exceeded. The license type is common business registration. But Pipspool has many trading assets. Traders should be careful.

Exceeded FCA license

What Can I Trade on Pipspool?

  Traders can access 1000+ instruments, including Forex, CFDs, Indices, Metals, Commodities, Shares and more.

Tradable Instruments Supported
Forex✔
CFDs✔
Indices✔
Metals✔
Commodities✔
Shares✔
Cryptos❌
Bonds❌
Options ❌
ETFs❌

Account Type

  Pipspool offers three account types: Basic, Professional and Business. It also offers demo accounts.

Account TypeFee
Basic$39 per month
Professional$69 per month
Business$99 per month

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Mobile, desktop, and webExperienced traders
MT4❌/Beginners

Related broker

No Regulation
Pipspool
Company name:Pipspool LLC
Score
1.34
Website:https://pipspool.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.34

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