
Pure Market Broker — Reviews, Regulation and Broker Overview
Key facts
- Country
- Vanuatu
- Year founded
- 2016
- Company website
- Not specified
Description
Pure Market Broker is a company based in Vanuatu that was founded in 2016. It presents itself as a forex broker providing access to trading in forex pairs, commodities, indices, metals, cryptocurrencies and shares. The broker supports several account types, including MT4 Standard, MT5 Standard, PAMM Investor and PAMM Manager, with base currencies available in EUR and USD.
Clients of Pure Market Broker can choose from the MetaTrader 4, MetaTrader 5 and VertexFX platforms, and a mobile application is also offered. A demo account is available, as is copy trading functionality. The minimum deposit required is 100 USD, with a maximum leverage of up to 200 and a minimum spread starting from 0. Deposits can be made through bank wire, various credit cards, PayPal, Skrill, Neteller and cryptocurrencies such as Bitcoin, Ethereum and USDT. The minimum withdrawal amount is set at 5 USD.
Pure Market Broker is marked as a scam. This marking is based on accusations of fraud and the absence of a license. The available information points to a lack of verified regulatory oversight from recognized authorities, despite any claims associated with VFSC 14801.
The reported absence of proper licensing means there are no confirmed protections for client funds or trading activities. This has resulted in concerns from clients regarding the handling of deposits and the overall legitimacy of operations conducted through the broker.
Warnings have been issued in connection with these issues, highlighting the potential risks involved. The situation has not been resolved in a manner that addresses the core accusations, leaving the status of the company unchanged.
Individuals considering any engagement with Pure Market Broker are advised to exercise caution and independently verify all regulatory and operational details before proceeding.
Specifications
Trading
- Minimum deposit
- 100 USD
- Maximum leverage
- 1:200
- Minimum spread
- 0 pips
- Platforms
- MetaTrader 4, MetaTrader 5, and VertexFX
- Instruments
- Forex, Commodities, Indices, Metals, Cryptocurrencies, and Shares
- Account types
- MT4 Standard, MT5 Standard, PAMM Investor, and PAMM Manager
- Account currencies
- EUR and USD
- Demo account
- Yes
- Copy trading
- Yes
Payments
- Deposit methods
- Bank wire, Visa, Mastercard, American Express, PayPal, Skrill, Neteller, Bitcoin, Ethereum, and USDT
- Minimum withdrawal
- 5 USD
Service
- Mobile app
- Yes
Licenses
- Regulator
- VFSC
- License number
- 14801
Not verified
Live market
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