Panda
Abstract：Panda, established in 2010, is allegedly a financial company registered in Israel. It offers many products like Web Trader, Mobile Applications, CRM, Panda Trader, Simplex, Social Trading, Financial Charts, Panda PAMM/MAM System, Panda Quote Engine (PQE), Crypto ETFs, IB Portal, Financial Widgets and Plugins. Besides, it also offers demo accounts. However, it is not regulated.
| Panda Review Summary | |
| Founded | 2010 |
| Registered Country/Region | Israel |
| Regulation | Not regulated |
| Products | Trading platforms, CRM, PAMM/MAM systems, Crypto ETFs |
| Demo Account | ✅ |
| Trading Platform | Panda app, SimpleX, Cooma |
| Social Trading | ✅ |
| Customer Support | 24/7 support |
| Tel: +972-72-2111611 | |
| Email: info@pandats.com | |
| Social media: Facebook and Linkedin | |
| Address: 145 Jaffa Road, Haifa, 3525114, Israel | |
| Pamelva Court, Kaningos and Anastasi Shoukri Streets, Limassol, Cyprus | |
Panda, established in 2010, is allegedly a financial company registered in Israel. It offers many products like Web Trader, Mobile Applications, CRM, Panda Trader, Simplex, Social Trading, Financial Charts, Panda PAMM/MAM System, Panda Quote Engine (PQE), Crypto ETFs, IB Portal, Financial Widgets and Plugins. Besides, it also offers demo accounts. However, it is not regulated.
Pros and Cons
| Pros | Cons |
| Various products and services | Not regulated |
| Demo accounts offered | Dormant/inactivity fee charged |
| Social trading | |
| 24/7 support |
Is Panda Legit?
Regulated brokers are safer than unregulated ones. However, Panda is currently an unregulated broker, which means that clients' funds and trading activities are completely unprotected. Please be aware of the risk!
Fees
Panda charges a Dormant/Inactivity Fee on live accounts that have been funded but have not engaged in trading after a specified period. This fee is automatically applied through the Dormant/Inactivity Fee plugin.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Panda app | ✔ | Web, mobile | Experienced traders |
| SimpleX | ✔ | Android, iOS | Beginners |
| Cooma | ✔ | Webtrader, Web Mobile, Android, and iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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