Score
Vanuatu
|
5-10 years
| https://www.puremarketbroker.com/
Website
Rating Index
MT4/5
Full License
PureMGlobal-Demo
Influence
C
Influence index NO.1
Slovakia 2.92
MT4/5 Identification
Full License
United KingdomInfluence
C
Influence index NO.1
Slovakia 2.92 Vanuatu
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
United States puremarket.global
puremarketbroker.com
VIP is not activated.
| Pure MarketReview Summary | |
| Founded | 2016 |
| Registered Country/Region | Vanuatu |
| Regulation | VFSC (offshore), FCA (clone) |
| Market Instruments | FX pairs, spot metals, CFDs, indices, and commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | From 0.2 pips (MT4 Standard account) |
| From 0.0 pips (MT5 Standard account) | |
| Trading Platform | MT4, MT5 |
| Min Deposit | €/$100 |
| Customer Support | Online chat, contact form |
| Tel: +44 20 36 088 986 (24/5) | |
| Email: support@puremarketbroker.com, info@puremarketbroker.com | |
| Social media: Facebook, Instagram | |
| Address: Stade, Leasehold Title: 11/0E22/028, Port – Vila, Vanuatu | |
| Regional Restrictions | Afghanistan, Cuba, Eritrea, Iraq, Islamic Republic of Iran, Israel, Liberia, Libya, Nicaragua, Pakistan, Russian Federation, Somalia, Syrian Arab Republic, Sudan, United States, Malaysia, Vanuatu |
Pure Market was registered in 2016 in Vanuatu, which is a broker offering trading services related to FX pairs, metals, CFDs, indices, and commodities. It uses MT4 and MT5 as trading platforms, and it provides 2 types of accounts, with a minimum deposit of 100 EUR/USD and a maximum leverage of 1:200. However, this company is offshore regulated and it holds a clone license, which means potential risks are high.
| Pros | Cons |
| Diverse tradable instruments | Offshore regulation risks |
| Demo accounts | Clone FCA license |
| MT4 and MT5 supported | No popular payment methods |
| No deposit fees | Regional restrictions |
| Multiple channels for customer support | |
| Live chat support |
Pure Market is offshore regulated by Vanuatu Financial Services Commission (VFSC). Moreover, it holds a clone license of Financial Conduct Authority (FCA).
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Vanuatu Financial Services Commission (VFSC) | Offshore Regulated | Vanuatu | Retail Forex License | 14801 |
| Financial Conduct Authority (FCA) | Clone Firm | UK | Straight Through Processing (STP) | 725804 |
On Pure Market's trading platforms, customers can trade FX pairs, spot metals, CFDs, indices, and commodities such as oil.
| Tradable Instruments | Supported |
| FX Pairs | ✔ |
| Spot Metals | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Pure Market offers 2 types of accounts, including MT4 Standard Account and MT5 Standard Account. Besides, a demo account is also available.
| Account Type | Min Deposit | Max Leverage | Spread | Commission |
| MT4 Standard | 100 EUR/USD | 1:200 | From 0.2 pips | $30/Million FX, $0 CFDs |
| MT5 Standard | 1,000 EUR/USD | From 0.0 pips | €6/$6.5 per Standard lot |
The leverage can be up to 1:200 for both account types. Careful considerations are recommended, since high leverage is likely to bring high potential risks.
Pure Market uses MT4 and MT5 as its trading platforms, which are available on PC, web, and mobile devices.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, PC, mobile | Beginners |
| MT5 | ✔ | Web, PC, mobile | Experienced traders |
Pure Market supports 4 types of payment options: Sepa, Bitcoin, Ethereum, and Tether.
| Payment Options | Deposit Fees | Withdrawal Fees |
| SEPA | ❌ | €5 |
| BITCOIN | ❌ | |
| ETHREUM | ||
| TETHER |
To get started with Pure Market, the minimum deposit for the MT4 Standard account is €/$100, which is quite affordable for me. However, if I want to go with the MT5 Standard account, the minimum deposit is €1,000, which is a bit too high for me to consider. I’d stick with the MT4 account for a more manageable starting deposit.
Personally, I wouldn’t fully trust Pure Market due to its clone FCA license and offshore regulation. While it's regulated by the VFSC, the "clone" designation makes me hesitant. I prefer brokers with full, verified regulatory oversight to ensure my funds are protected, which isn’t the case here.
Pure Market claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but its regulatory status is unverified with a clone license from the FCA. This is concerning for me. Even though it looks like it's regulated, the clone license indicates that it might not be fully legitimate. This adds a layer of risk, and I'd be wary about trading with them.
From my experience, Pure Market has competitive fees. The MT4 Standard account charges a commission of $30 per million FX traded, with spreads starting from 0.2 pips. The MT5 Standard account has lower spreads, starting from 0.0 pips, but charges €6/$6.5 per standard lot. For me, the commission on MT4 seems manageable, but I prefer the lower spreads on MT5 for better trading conditions.
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FX4183501898
Hong Kong
Ponzi Scheme that cannot withdraw anymore. Everyone does not be deceived. It is romance scam.
Exposure
FX2448933115
Argentina
I deposited $ 67.21 in this company but they said everything was wrong. They did not deal with my payment and sent me the signal that they broke down.
Exposure
7791
Indonesia
It's pretty chill—easy to navigate and the support team is always ready to help. But the fees for opening and closing trades caught me off guard. Just keep that in mind if you're thinking about jumping in.
Positive
Geeky
Malaysia
Trading with Pure Market? It's been okay. Their service - pretty solid and the communication was spot on. Uri, one of their brokers, was really good at finding deals within my budget. That was neat. What wasn’t so neat was their fee structure. High commission, charges for opening and closing trades, even a withdrawal fee. All those costs started eating into my profits. That's something I didn't experience with other brokers. On a brighter note, their customer support was prompt and withdrawals were smooth. After a year of trading though, I’m still waiting to see some serious profits. To sum up, Pure Market has its upsides but the downsides are there too.
Neutral
Ln
Indonesia
If you look for brokers to trade with, please ignore Pure Market. It is a very bad and cheap broker, offering you fake spreads and trading conditions, slow order execution, and its customer service were very unprofessional… Please don’t come, guys.
Neutral