PEMAXX GLOBAL

PEMAXX GLOBAL is not considered safe or reliable. The broker is not regulated, its former Mauritius FSC license has been revoked, and it has a low core score of 2.04. Multiple user complaints report withdrawal issues, account access problems, and alleged manipulation.

No, PEMAXX GLOBAL is not regulated. Its regulatory status is listed as 'Not Regulated', and the Securities Trading License it held with the Mauritius Financial Services Commission (FSC) has been revoked.

The minimum deposit is $10, which is the entry condition for the TITANIUM account type.

PEMAXX GLOBAL supports MT5 (MetaTrader 5) with a full license. It does not support MT4.

Pros: Multiple account types with low starting spreads (from 0.1 pips on ECN); supports scalping, hedging, and EA; offers MT5; instant deposit options via credit card, bank transfer, PayPal, and cheque with no fees. Cons: Not regulated and its former Mauritius license is revoked; low core score of 2.04; numerous user complaints about withdrawal delays, account deletion, and poor customer support.

Yes, there are multiple user complaints. Traders have reported withdrawal delays of several days, inability to access accounts, account deletion after profitable trades, and alleged manipulation of trading platforms. Some users also reported being ignored or blocked by support.

It is not publicly specified whether PEMAXX GLOBAL accepts US clients. Given its lack of US regulation and revoked license, it likely does not offer services to US residents.

Deposits are convenient: they are instant, free, and available via Credit Card, Bank Transfer, PayPal, and Cheque with minimum amounts from $10 to $200. Withdrawal processing times are not officially disclosed, but user complaints indicate significant delays, with some withdrawals taking days or remaining in pending status without resolution.

Spreads vary by account type: from 0.1 pips on the ECN account, 0.5 pips on SILVER and GOLD, 0.6 pips on TITANIUM and DIAMOND, and 0.3 pips on ELITE and PLATINUM. No additional fees (such as deposit or withdrawal charges) are specified. Overall, spreads are competitive for certain account types, but the lack of regulation and user complaints about withdrawal issues should be considered.

PEMAXX GLOBAL offers seven account types: TITANIUM (min deposit $10, spread from 0.6), DIAMOND ($30, 0.6), SILVER ($50, 0.5), GOLD ($100, 0.5), ELITE ($1000, 0.3), PLATINUM ($1000, 0.3), and ECN ($5000, 0.1). All accounts trade Forex pairs and Metals, allow scalping, hedging, and EA usage. The main differences are the minimum deposit requirement and the spread level.

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