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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

PALM CAPITAL

Bahamas Bahamas | 2-5 years |
Regulated in Bahamas | Derivatives Trading License (MM) | MT4 Full License | Regional Brokers | Medium Risk | Offshore Regulation

https://www.palmglobalcapital.com/en

Website

Rating Index

MT4/5 Verification

MT4/5

Full License

PalmGlobalCapital-Live

United Kingdom
United Kingdom
MT4
4

Influence

D

Influence Index NO.1

Brazil Brazil 2.47

MT4/5 Verification

MT4/5 Verification

Full License

4
Server Name
PalmGlobalCapital-LiveMT4
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

D

Influence Index NO.1

Brazil Brazil 2.47
Surpassed 42.90% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+44 203 1502654
https://www.palmglobalcapital.com/en
#3 Bayside Executive Park West Bay Street and Blake Road P.O. Box CB-12407, Nassau, Bahamas
VPS Standard
No Broker Account Restrictions

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

Basic Information

Registered Region
Bahamas
Operating Period
2-5 years
Company Name
Palm Global Capital Ltd
Abbreviation
PALM CAPITAL
Employees
--
Email
info@palmglobalcapital.com
Contact Number
+442031502654
Address
#3 Bayside Executive Park West Bay Street and Blake Road P.O. Box CB-12407, Nassau, Bahamas
Company Profile7
2-5 years
Regulated in Bahamas
Derivatives Trading License (MM)
MT4 Full License
Regional Brokers
Medium Risk
Offshore Regulation
Account Info
Related Personnel
Business Region
Verified Site
Relationship Map
About Us
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
2
MT4 Servers
0
MT5 Servers
170.67
velocityIcon
Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

Meta Trader 4
Meta Trader 4
Perfect

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Official Website

Verified Site

  • palmglobalcapital.com
    172.67.206.139
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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PALM CAPITAL

Company Profile

Company Profile

Review summary

Palm GlobalReview Summary
Founded2023
Registered Country/RegionBahamas
RegulationOffshore regulation
Market InstrumentsOver 40 currency pairs, commodities and precious metals
Demo Account
LeverageUp to 1:200
SpreadStarting from 0.17 pips
Trading PlatformMetaTrader 4
Min Deposit$100
Customer SupportPhone: +44 203 1502654
Email: info@palmglobalcapital.com
Physical Address: Trinity Place Annex Corner Frederick and Shirley Streets, Nassau, Bahamas Palm Global Capital Ltd.

Palm Global Information

Palm Global Ltd is a global forex and CFD broker, authorised and regulated by the Securities Commission of the Bahamas, license number SIA-F191. Founded by an experienced and dedicated team of online finance professionals.

Palm Global Information

Pros and Cons

ProsCons
Diversified trading productsOffshore regulation
Support MT4
Various accounts
No hidden costs

Is Palm Global Legit?

It is clear that Palm Global is offshore regulated by the Securities Commission of the Bahamas, license number SIA-F191.

Is Palm Global Legit?
Is Palm Global Legit?

What Can I Trade on Palm Global?

Palm Global offers traders the opportunity to trade a wide range of markets, including over 40 currency pairs, commodities and precious metals.

What Can I Trade on Palm Global?

Account Types

Palm Global offers a total of 5 different types of accounts to traders - Standard accounts, Gold accounts, VIP accounts , ECN accounts and demo accounts.

STANDARDGOLDVIPECN
Minimum deposit$100$ 1,000$ 5,000$ 10,000
EURUSD spread (average 24hrs)1.571.170.770.17
CommissionsNoNoNoYes
Minimum trade size in lots0.010.010.010.01
Maximum leverage*200:1200:1200:1100:1
Hedging allowedYesYesYesYes
EAs allowedYesYesYesYes

Palm Global Fees

Palm Global claims to offer low spreads and split spreads overview by market and account type. The spread shown for indices and commodities is the in-hours spread, which is the minimum spread they quote for these symbols.

The EURUSD average spread for standard account is 1.57 pips. Gold account is 1.17 pips. For VIP account, it is 0.77 and ECN account is 0.17 pips.

Palm Global Fees

Trading Platform

Aifactor's trading platform is MT4, which supports traders on the web and mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Web, MobileBeginner
MT5
Trading Platform

Deposit and Withdrawal

The broker supports four payment methods, including credit cards, wire transfers, and web money.

Deposit

DescriptionCurrenciesMinimumMaximumTransaction Time
Bank transferUSD, EUR, GBP150No maxUp to 5 working days

Withdrawal

DescriptionCurrenciesMinimum*Transaction Time
Bank transferUSD, EUR, GBP100Up to 5 working days
Deposit and Withdrawal
Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Regulated in Bahamas
  • Derivatives Trading License (MM)
  • MT4 Full License
  • Regional Brokers
  • Medium Risk
  • Offshore Regulation

Wiki Q&A

How is the fund security of PALM CAPITAL evaluated?

Evaluating the fund security of PALM CAPITAL requires a nuanced approach, as its primary regulatory foundation is a Derivatives Trading License (SIA-F191) from The Securities Commission of The Bahamas (SCB). This is an offshore license, which means the broker operates without the oversight and client fund protection schemes mandated by top-tier financial authorities like the UK's FCA or Australia's ASIC. The WikiFX score of 4.28 reflects this structural profile. While the broker offers full-license MetaTrader 4 services and has a 2-5 year operational history, the lack of stringent, mainstream regulatory safeguards means client funds may not benefit from segregation requirements or compensation schemes found in major jurisdictions, representing a significant consideration for traders.

04-02
United States

What payment methods does PALM CAPITAL support?

Specific funding and withdrawal methods are not explicitly detailed in the broker's public specifications.

04-02
United States

Does PALM CAPITAL offer a WebTrader platform?

PALM CAPITAL's primary trading infrastructure is based on MetaTrader 4 (MT4), for which it holds two full licenses, indicating mature technical and operational support. There is no current indication in WikiFX data of a proprietary WebTrader platform being offered alongside its MT4 services.

04-02
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

Yesterday 19:08

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

Yesterday 19:08

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

Yesterday 19:08

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Yesterday 19:08
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