Pure Market-Overview of Minimum Deposit, Leverage, Spreads
Abstract：Pure Market was registered in 2016 in Vanuatu, which is a broker offering trading services related to FX pairs, metals, CFDs, indices, and commodities. It uses MT4 and MT5 as trading platforms, and it provides 2 types of accounts, with a minimum deposit of 100 EUR/USD and a maximum leverage of 1:200. However, this company is offshore regulated and it holds a clone license, which means potential risks are high.
| Pure MarketReview Summary | |
| Founded | 2016 |
| Registered Country/Region | Vanuatu |
| Regulation | VFSC (offshore), FCA (clone) |
| Market Instruments | FX pairs, spot metals, CFDs, indices, and commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | From 0.2 pips (MT4 Standard account) |
| From 0.0 pips (MT5 Standard account) | |
| Trading Platform | MT4, MT5 |
| Min Deposit | €/$100 |
| Customer Support | Online chat, contact form |
| Tel: +44 20 36 088 986 (24/5) | |
| Email: support@puremarketbroker.com, info@puremarketbroker.com | |
| Social media: Facebook, Instagram | |
| Address: Stade, Leasehold Title: 11/0E22/028, Port – Vila, Vanuatu | |
| Regional Restrictions | Afghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Nicaragua, Pakistan, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States, Malaysia, Vanuatu |
Pure Market was registered in 2016 in Vanuatu, which is a broker offering trading services related to FX pairs, metals, CFDs, indices, and commodities. It uses MT4 and MT5 as trading platforms, and it provides 2 types of accounts, with a minimum deposit of 100 EUR/USD and a maximum leverage of 1:200. However, this company is offshore regulated and it holds a clone license, which means potential risks are high.
Pros and Cons
| Pros | Cons |
| Diverse tradable instruments | Offshore regulation risks |
| Demo accounts | Clone FCA license |
| MT4 and MT5 supported | No popular payment methods |
| No deposit fees | Regional restrictions |
| Multiple channels for customer support | |
| Live chat support |
Is Pure Market Legit?
Pure Market is offshore regulated by Vanuatu Financial Services Commission (VFSC). Moreover, it holds a clone license of Financial Conduct Authority (FCA).
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Vanuatu Financial Services Commission (VFSC) | Offshore Regulated | Vanuatu | Retail Forex License | 14801 |
| Financial Conduct Authority (FCA) | Clone Firm | UK | Straight Through Processing (STP) | 725804 |
What Can I Trade on Pure Market?
On Pure Market's trading platforms, customers can trade FX pairs, spot metals, CFDs, indices, and commodities such as oil.
| Tradable Instruments | Supported |
| FX Pairs | ✔ |
| Spot Metals | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Fees
Pure Market offers 2 types of accounts, including MT4 Standard Account and MT5 Standard Account. Besides, a demo account is also available.
| Account Type | Min Deposit | Max Leverage | Spread | Commission |
| MT4 Standard | 100 EUR/USD | 1:200 | From 0.2 pips | $30/Million FX, $0 CFDs |
| MT5 Standard | 1,000 EUR/USD | From 0.0 pips | €6/$6.5 per Standard lot |
Leverage
The leverage can be up to 1:200 for both account types. Careful considerations are recommended, since high leverage is likely to bring high potential risks.
Trading Platform
Pure Market uses MT4 and MT5 as its trading platforms, which are available on PC, web, and mobile devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, PC, mobile | Beginners |
| MT5 | ✔ | Web, PC, mobile | Experienced traders |
Deposit and Withdrawal
Pure Market supports 4 types of payment options: Sepa, Bitcoin, Ethereum, and Tether.
| Payment Options | Deposit Fees | Withdrawal Fees |
| SEPA | ❌ | €5 |
| BITCOIN | ❌ | |
| ETHREUM | ||
| TETHER |
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