A General Understanding Of Pure Market

Pure Market Is A Brokerage Firm Operating In Vanuatu, An Area Known For Its Offshore Financial Services. With 2-5 Years Of Industry History, Pure Market Belongs To Pure M Global, And Its Regulatory License Is Considered Questionable. Pure Market Offers A Variety Of Options, Including Forex Currency Pairs, Stocks, Spot Metals, Index CFDs, And Energy.

Pure Market Offers Different Account Types, Including MT4 Accounts And STP - Forex And CFD Accounts. Its Minimum Deposit Requirement Is Set At $100, Which Makes It Accessible To A Wide Range Of Traders. The Maximum Leverage Offered By Pure Market Is 1:200, Which May Be Attractive For Those Seeking Higher Trading Potential.

Although Spreads Are Not Specified In The Information Provided, Pure Market Provides Access To Popular Trading Platforms, Such As MetaTrader 4 (MT4) And MetaTrader 5 (MT5). These Platforms Are Widely Recognized For Their User-friendly Interfaces And Advanced Trading Features, Which Enable Traders To Execute Trades Efficiently.

Customer Support Channels Pure Market Include Phone Calls And Emails, Providing Traders With Multiple Ways To Get In Touch With The Company. However, The Level Of Responsiveness And Quality Of Support Is Not Specified In The Information Provided.

Market Tools

Pure Market Offers Comprehensive Market Tools To Meet The Different Needs And Preferences Of Traders. These Trading Tools Include, Forex Currency Pairs, Stocks, Spot Metals, Index CFDs, Energy.

In Addition, Pure Market Provides Access To, Energy Trading, Allowing Traders To Participate In Commodity Markets Through Trading Tools Such As Oil And Gas.

Account Types

Pure Market Offers Traders The Choice Between Two Types Of Trading Accounts, Each Designed To Meet Different Trading Preferences And Requirements. These Accounts, Namely MT4 Account, And STP - Forex And CFD Account, Provide Traders With A Platform To Participate In Financial Marekt And Pursue Their Trading Strategies.

MT4 Account Is Powered By The Renowned Metatrader 4 Trading Platform And Is Ideal For Both Novice And Experienced Traders. STP - Forex And CFD Account Is An Attractive Option For Traders Looking For Enhanced Market Access And Competitive Pricing. In Terms Of Minimum Deposit Amount, Pure Market Sets A Reasonable Threshold Of $100 For Both Account Types. This Access Requirement Allows Traders With Different Capital Levels To Participate In Financial Marekt.

It Is Worth Mentioning That Pure Market Extends Leverage Up To 1:200 To Its Traders. This Leverage Tool Provides Traders With The Opportunity To Expand Their Trading Positions And Thus Potentially Expand Their Profits Or Losses. While Leverage Can Increase Trading Opportunities, Traders Must Exercise Caution And Employ Risk Management Strategies To Ensure Responsible Trading Behavior.

Leverage

Pure Market Provides Traders With Leverage Advantages That Enable Them To Amplify Their Trading Positions Up To 1:200 Leverage. Leverage Is A Double-edged Sword That Amplifies Both Profits And Losses. By Leveraging Leverage, Traders Can Open Larger Positions And Gain The Ability To Generate Greater Returns. This Leverage Tool Allows Traders To Trade With A Fraction Of The Capital Required, Enabling Individuals With Varying Levels Of Financial Resources To Trade. However, Traders Must Exercise Caution And Employ A Prudent Risk Management Strategy When Using Leverage

Spreads And Commissions (Trading Fees)

Pure Market Does Disclose Commission Fees When Offering Both Types Of Trading Accounts, But Does Not Specify The Spread For Each Account Type.

For Mt4 Accounts, Pure Market Uses A Commission-based Structure With A Commission Fee Of $30 Per Million FX Trading Volume. Additionally, Stp - FX And CFD Accounts Are Operated By Pure Market With Different Commission Structures. It Is Worth Noting That This Account Type Is Exempt From Commissions For CFD Trading. For Trades Involving The Standard Lot Size Within A Stp-forex And CFD Account, Pure Market Charges A Commission Of €6 Or $6.50 Per Standard Lot.

Non-Trading Fees

In Addition To Spreads And Commissions, It Is Also Important For Traders To Understand Non-trading Fees When Considering A Broker Like Pure Market. These Non-trading Fees Are Fees That Are Not Directly Related To Trade Execution, But May Still Affect A Trader's Overall Profitability And Cost-effectiveness.

One Type Of Non-trading Fee That A Trader May Encounter Is, The Inactivity Fee. When The Account Is Dormant For An Extended Period Of Time Without Any Trading Activity, An Inactivity Fee Will Be Charged. Another Non-trading Fee To Consider Is The Withdrawal Fee. In Addition, Foreign Exchange Fees, May Also Apply When Trading In Different Currencies Within The Trading Account.

Trading Platforms

Pure Market Offers Traders Two Popular And Widely Recognized Trading Platforms: MetaTrader 4 (MT4) And MetaTrader 5 (MT5).

Firstly, Both Platforms Offer Comprehensive Trading Tools And Assets, Allowing Traders To Diversify Their Portfolios And Take Advantage Of Various Market Opportunities. Stocks, Indices, Commodities, And Multiple Forex Currency Pairs Can All Be Accessed Through These Platforms.

In Addition, Both MT4 And MT5 Are Equipped With Advanced Charting Tools, Indicators, And Analytical Capabilities. In Addition To Technical Analysis, Both Platforms Facilitate The Use Of Automated Trading Systems (commonly Referred To As "EAs").

Deposit And Withdrawal

In Terms Of Deposits And Withdrawals, Accepted Payment Methods Include Pure Market Including Telegraphic Transfer, Neteller, Skrill, And Cryptocurrencies.

Customer Support

Customer Support Is Available Through A Number Of Channels, Including Phone And Email. Phone Support Is Available Via Phone Number + 44 20 36 088 986, Enabling Clients To Establish Real-time Communication With Customer Support Representatives.

Email Support Is Another Avenue For Clients To Seek Help From Pure Market's Customer Support Team. Email Addresses Provided, Including The Following:

• Info@puremarketbroker.com
• Support@puremarketbroker.com
• Support@puremarketbroker.com

Educational Resources

Pure Market Offers A Range Of Educational Resources And Trading Tools That Facilitate Informed Decision-making And Support Clients' Trading Activities.

One Of The Important Resources Offered By Pure Market Is The Provision Of Trading APIs (Application Programming Interfaces). In Addition To The Trading APIs, Pure Market Provides Slideshow Charts, Which Are Valuable Visual Representations Of Market Data And Price Movements. Pure Market Also Provides Market Trend Dashboards As A Resource For Clients To Stay Up-to-date On The Latest Market Dynamics In Real Time.

Is Pure Market Suitable For Beginners?

Pure Market May Not Be The Most Ideal Option For Beginners Considering Several Aspects. Firstly, Not Having A Demo Account Is A Major Drawback. Without The Opportunity To Practice And Gain Hands-on Experience In A Risk-free Environment, Beginners May Find It Difficult To Familiarize Themselves With The Trading Platform, Execute Trades, And Develop Trading Strategies Effectively.

Regulation Is Another Area Of Concern. Pure Market May Lack Strong Regulation, Which May Expose Beginners To Greater Risk. In Addition, Poor Customer Support Can Seriously Hinder Beginners' Progress And Confidence. Inadequate Customer Support May Result In Delayed Responses, Inaccurate Information, Or Insufficient Help. For Beginners Who Often Have A Large Number Of Questions And Need Timely Guidance, Poor Customer Support May Cause Frustration And Hinder The Learning Process

Is Pure Market Suitable For Experienced Traders?

Pure Market Is Also Not Suitable For Experienced Traders. While The Availability Of The MT4 And MT5 Platforms Is Advantageous, These Benefits Are Overshadowed By A Lack Of Regulatory Oversight And The Transparency Of Decentralized Disclosures. Experienced Traders Often Prioritize The Security, Credibility, And Competitive Trading Conditions Offered By Regulated Brokers. Additionally, The Ability To Assess Trading Costs Is Essential For Effective Risk Management And Profitability. Given These Drawbacks, Experienced Traders Can Be Better Served By Exploring Alternative Brokerage Options That Provide Compliance, Transparent Spreads, And A Reliable Trading Environment.

CONCLUSION

In Conclusion, Pure Market With Its Low Initial Deposit Requirements, High Leverage Options, And Availability Of Popular Trading Platforms Such As Mt4 And Mt5 May Seem Tempting, But It Is Important To Approach This Broker With Caution. The Lack Of Regulatory Oversight Has Raised Concerns About The Overall Safety And Accountability Of The Trading Environment. In Addition, The Lack Of Demo Accounts May Prevent Potential Traders From Thoroughly Testing The Platform And Refining Their Strategies Before Committing Real Money. In Addition, Poor Customer Support Has Reportedly Further Weakened Pure Market As A Reliable And Trustworthy Broker.