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/10

PtBanc

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.ptbanc.com

Website

Rating Index

Contact

+44 2038073537
support.ru@PtBanc.com
https://www.ptbanc.com
Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom United Kingdom
Operating Period
5-10 years
Company Name
PtBanc
Customer Service Email Address
support.en@PtBanc.com
Contact Number
+442038073537
Company Website
Account
Website
Company Summary
Disclosure
Comment

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Official website

Website

  • ptbanc.com
    46.166.160.46
    Server Location
    Lithuania Lithuania
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Summary

Note: PtBanc's official website: https://www.ptbanc.com is currently inaccessible normally.

PtBancReview Summary
Founded2018
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsCFDs on forex currency pairs, indices, precious metals, stocks, cryptocurrencies
Demo Account/
LeverageUp to 1:100
EUR/USD Spread3 pips
Trading PlatformWeb
Min Deposit$1 000
Customer SupportTel: +44 2038073537
Email: support.ru@PtBanc.com

PtBanc was registered in the United Kingdom in 2018 and is not regulated. It offers leverage as high as 1:100 and wide spread of 3 pips. Its minimum deposit requirement is very high, at $1 000. It provides a variety of trading instruments via a web-based trading platform.

Pros and Cons

Pros Cons
Diverse trading assetsInaccessible website
Multiple payment optionsUnregulated
High spreads
Not supported MT4 or MT5
Extremely high minimum deposit

Is PtBanc Legit?

No, PtBanc is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

CSSF warning
Domain information

What Can I Trade on PtBanc?

PTBanc offers investors a wide range of financial trading products, mainly including CFDs on foreign exchange currency pairs, indices, precious metals, stocks, and other popular cryptocurrency products.

Tradable Instruments Supported
CFDs
Forex
Indices
Precious metals
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Account Type

PTBanc offers the following account types, as well as Platinum and VIP account types, which are not included in the table due to the extremely high initial investment required (over $20,000).

Account TypeMinDeposit
Classic$1,000
Silver$2,500
Gold$5,000

Leverage

PTBanc offers the maximum trading leverage of up to 1:100 for all account types. Leverage magnifies the returns from favorable movements in a currency's exchange rate. It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.

PtBanc Fees

The spreads offered on PTBanc's platform for EUR/USD are 3 pips, much higher than the industry standard, with most well-regulated brokers offering EURUSD spreads between 1.1 and 1.5 pips. Wider spreads mean higher transaction costs.

Account TypeSpread
Classic3.0 pips, fixed
Silver3.0 pips, fixed
Gold3.0 pips, fixed

Besides, the brokerage firm publicly states the fact of withdrawal processing fees, but does not specify more details.

Trading Platform

PTBanc offers investors a web-based trading platform rather than the big-name MT4/MT5 trading platform. The charts on this online trading platform are very simple and basic and lack some advanced features.

Trading PlatformSupported Available Devices Suitable for
WebTraderWeb/
MT4/Beginners
MT5/Experienced traders
WebTrader

Deposit and Withdrawal

PTBanc accepts payments via Visa, MasterCard, Bitcoin, Skrill, Neteller, wire transfer, Giropay, iDeal, etc.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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