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Pure Market-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-12-12 14:20

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
Founded2016
Registered Country/RegionVanuatu
RegulationVFSC (offshore), FCA (clone)
Market InstrumentsFX pairs, spot metals, CFDs, indices, and commodities
Demo Account✅
LeverageUp to 1:200
SpreadFrom 0.2 pips (MT4 Standard account)
From 0.0 pips (MT5 Standard account)
Trading PlatformMT4, MT5
Min Deposit€/$100
Customer SupportOnline 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 RestrictionsAfghanistan, 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.

Pure Market's homepage

Pros and Cons

Pros Cons
Diverse tradable instrumentsOffshore regulation risks
Demo accountsClone FCA license
MT4 and MT5 supportedNo popular payment methods
No deposit feesRegional 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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Vanuatu Financial Services Commission (VFSC)Offshore RegulatedVanuatuRetail Forex License14801
Financial Conduct Authority (FCA)Clone FirmUKStraight Through Processing (STP)725804
Offshore regulated by VFSC
Clone FCA license
Domain information

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❌
What Can I Trade on Pure Market?

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 DepositMax LeverageSpreadCommission
MT4 Standard 100 EUR/USD1:200From 0.2 pips$30/Million FX, $0 CFDs
MT5 Standard1,000 EUR/USDFrom 0.0 pips€6/$6.5 per Standard lot
Account comparison
Account comparison

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 PlatformSupported Available Devices Suitable for
MT4✔Web, PC, mobileBeginners
MT5✔Web, PC, mobileExperienced traders
MT4
MT5

Deposit and Withdrawal

Pure Market supports 4 types of payment options: Sepa, Bitcoin, Ethereum, and Tether.

Payment OptionsDeposit Fees Withdrawal Fees
SEPA❌€5
BITCOIN❌
ETHREUM
TETHER
Deposit and Withdrawal
BrokerDealerForex marginForex Brokerforex pips

Related broker

Clone Firm
PURE MARKET
Company name:Pure M Global LTD
Score
2.38
Website:https://puremarket.global/
5-10 years | Regulated in Vanuatu | Forex Trading License (EP) | MT4 Full License
Score
2.38

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