Score
PSB Forex
Russia|5-10 years| https://www.psbforex.ru/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
PSBForex-Demo
RussiaInfluence
C
Influence index NO.1
Russia 2.88MT4/5 Identification
MT4/5 Identification
Full License
RussiaInfluence
Influence
C
Influence index NO.1
Russia 2.88Surpassed 100.00% brokers
Contact
Licenses
Single Core
1G
40G
Contact number
+7 (499) 271-07-72
Other ways of contact
Broker Information
More
PSB-Forex LLC
PSB Forex
Russia
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The RussiaCBR regulation (license number: 045-14023-020000) claimed by this broker is suspected to be clone. Please be aware of the risk!
WikiFX Verification
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
Users who viewed PSB Forex also viewed..
XM
FP Markets
VT Markets
IronFX
Sources
Language
Mkt. Analysis
Creatives
WikiFX Data providePSB Forex · Company Summary
General Information & Regulation
PSB Forex is a Russian online Forex broker, a subsidiary of the Russian commercial bank Promsvyazbank, which has been present in Russia for 20 years. PSB forex is currently not subject to any effective regulation.
Market Instruments
PSB Forex offers investors a small number of financial products, including less than 20 currency pairs. Most brokers can offer commodities, indices, CFDs on precious metals, etc.
Minimum Deposit
PSB Forex offers only a standard account with a minimum deposit of 100,000 rubles (about $1300), a minimum lot size of 0.01, and maximum leverage of 1:40. The initial deposit requirement of 1300 USD, an amount too high.
PSB Forex Leverage
PSB Forex offers the high trading leverage, reaching up to 1:500. Unregulated brokers tend to offer high leverage level to attract new traders. However, Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spreads & Commissions
The spread on PSB Forex standard account is 1.9 pips, which is slightly higher than the industry level. Most brokers offer spreads between 1.1 pips and 1.5 pips on EURUSD, which means high transaction costs.
Trading Platforms
PSB Forex offers traders the most popular trading platform currently available, MT5, originally a futures trading platform but has since been improved to be more suitable for forex trading. Today, MT5 has hedging capabilities, and the developers are constantly making other enhancements to it, intending to eliminate its predecessor, MT4.
Review
No comment yet
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now