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Pure Market

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6.0
(2 Reviews)

Founded: 2016 Min Deposit: 100 USD

Headquarters: Vanuatu Max Lev: 1 : 200

Risk Level I

Pure Market claims its regulation by VFSC, but there is no confirmation about its website.

Score
Business Scope
5.5
Trading Cost
6.0
Trading Platforms
5.0
Support
5.0
Licence Status

official website to be verified as no company details are on VFSC

VFSC 14801
SVG FSA 168
Authorised
Registered
Contact
+44 2036088986
support@puremarketbroker.com
https://puremarketbroker.com/
STP Broker
Multilingual Support
Multiple Trading Instruments
High Leverage
No Trading Restrictions
PAMM Account
Cryptocurrency
Fast Deposit
Quick Response
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

6.0

Average

5+ funding options

Features

Fast Deposit
Fast Withdrawal

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Company and Service

6.0

Average

multilingual support

Features

Multilingual Support
Quick Response
Profile
Headquarters Address
Top Floor, Lolam House, Kumul Highway, Vanuatu
Founded 2016
Broker Type
STP,  DMA
Time Zone GMT +1
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android,  Webtrader
MT5
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Chinese,  English,  Portuguese,  Russian,  Spanish
Customer Service By
Phone,  Email,  Live Chat,  Web Form,  Facebook,  Instagram,  Pinterest
Supported Language
Chinese,  English,  Greek,  Italian,  Russian

Related Complaints

Q&A Complaints

How long will they credit my deposit?

Peppino Lupacchino
Brazil
2022-08-04
ANSWER Pure Market is a trading name of Pure M Global Limited and Pure Market LLC.Pure M Global Limited is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) with firm reference number 14801.Pure Market LLC is registered in Saint Vincent and the Grenedines Financial Services Authority (SVG FSA) with registration number 168 LLC 2019.First, please be informed that SVG FSA is not a regulatory body that issues licenses for forex trading or regulates entities engaging in forex services.Second, VFSC is a popular offshore regulator among forex brokers as capital (or bond) requirements are relatively small. A Forex license covering the online activities of a brokerage is issued in 2-3 months, which is indeed extremely fast. Moreover, there is no income tax, capital gains tax and inheritance tax in the country. So VFSC-regulated brokers are actually not under as strong regulation as FCA, ASIC and NFA regulated brokers. Most importantly, some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of Pure M Global Limited. We would recommend exercising caution when dealing with VFSC- regulated brokers.As for the question you asked, we recommend that you ask the official customer service for a more accurate answer. For more details on this broker, please check our full Pure Market review.
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Pure Market. It is good or not?

joshua
India
2023-02-14
ANSWER Pure Market is owned and operated by Pure M Global LTD, a company authorized and regulated by the Vanuatu Financial Services Commission (VFSC) with license number 14801 and the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). We indeed find match results to Pure M Global LTD in VFSC and SVG FSA. But first, please be informed that SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. Second, regarding VFSC, we would like to mention that some shady brokers will falsely use the regulatory information of a licensed broker by VFSC, as this regulator provides neither authentication details nor domains of the registered company for traders to verify. Consequently, it is not a hundred percent sure that the licensed entity is the one that runs the business under the trading name of Pure M Global LTD. We would recommend exercising caution when dealing with VFSC-regulated brokers.Overall, it is of certain risk to trade with Pure Market, and we would recommend to choose strongly regulated brokers. For more details about this broker, you can check our full Pure Market review.
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Overall Score

6.0
2 Reviews

Cost 6.0

Platforms 5.0

Deposit & Withdrawal 6.0

Customer Support 5.0

Indicates the average level of Brokers

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2 Reviews

Sort by
Mikka Litmanen
0-6 months MT4 Account Australia
Before my stop loss trade, I was stopped by a 7-point trade. Then I waited for support to solve the problem, but it seems they never solved it. That’s why I am tired of trading glitches. Support can't even provide me the reason why I lost a trade. I don't even trust this broker anymore.
2023-05-13
Reply
Kyle
0-6 months MT4 Account Brazil
Compared with larger brokers, transaction costs of Pure Market are much higher. I chose this broker because I am inexperienced and unfamiliar with trading. After learning the market for a long time, there are many other large brokers whose customer service and spreads are very good. If your trading hours are 4H and above, Pure Market can conduct business. However, if you do day trading or scalping trading below 4H, the commission plus high spreads will take away most of your profits.
2023-05-11
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.