Platinium Fund Review 2020
Platinium Fund is an unregulated retail trading broker that offers a range of tradable assets, including forex, commodities, indices, and stocks, for trading online via powerfult trading platforms for multiple devices.
Platinium Fund Review 2020, Pros & Cons
- Multiple trading platforms
- Educational resources
- Multiple account options
- Dedicated customer support
- Offshore broker
- Unregulated broker
- No live chat support
- Minimum $200 deposit
- Not the lowest spreads
- Limited trading instruments
- No additional trading tools
- No US clients
- No social trading platform integration
In this detailed Platinium Fund review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Platinium Fund is not ranked in our best forex brokers, best stockbrokers, best CFD brokers, best crypto brokers, or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Platinium Fund.
Platinium Fund Review: Summary
Based in the Marshall Islands, Platinium Fund is an offshore online trading broker that provides clients with multiple trading platforms for trading a range of financial instruments. Clients also get access to educational resources and a professional customer support team.
Platinium Fund Review: Regulation
Platinium Fund is owned and operated by Platinium Fund limited, registered at Trust Company Complex, Ajeltake Road, Majuro, Marshall Islands 96960. The broker is unregulated.
Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our best trading brokers for alternative regulated brokers.
Platinium Fund Review: Countries
The broker allows traders from different parts of the globe to open an account with them if their countries of residence permit online trading with international brokers. They cannot accept trades from the United States.
Some Platinium Fund features and products mentioned within this Platinium Fund review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers Australia, best brokers South Africa, best brokers Canada or our best brokers for all other countries.
Platinium Fund Review: Trading Platforms
The broker provides traders with three free online trading platforms, namely:
This is one of the world’s leading trading platforms, which boasts of a wide variety of features and tools that enable traders to execute complex trading strategies with ease. It is available in desktop, web, and mobile versions.
This is a web-based platform that runs directly on most modern web browsers without the need to download or install any additional software.
The broker’s Mobile Trader platform is compatible with Android and iOS devices and can be downloaded from the respective app stores. It gives traders access to their accounts while on the move.
Platinium Fund Review: Trading Tools
There are no standalone trading tools on the broker’s website at the moment.
Platinium Fund Review: Education
The broker has a selection of educational resources on the Academy section of their website, and they include video tutorials, technical analysis, and FAQ section.
Platinium Fund Review: Trading Instruments
Platinium Fund offers traders a wide range of tradable assets, such as forex, commodities, indices, and stocks, for trading online via the provided trading platforms.
Platinium Fund Review: Trading Accounts & Fees
The broker provides traders with a wide choice of trading accounts, including the Mini Account ($200), Standard Account ($20,000), Gold Account ($50,000), and Platinum Account ($200,000). There is also the ECN Account, which has a minimum deposit of $500. The accounts have a minimum trade size of 0.01 lots. There are also demo accounts for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Platinium Fund review. It is imperative to ensure that you check and understand all of the latest information before you open a Platinium Fund broker account for online trading.
Platinium Fund Review: Customer Service
The broker’s customer support team is easily reachable via telephone and email, in case you need their assistance.
Platinium Fund Review: Deposit & Withdrawal
The following payment methods are accepted by Platinium Fund:
- Credit/Debit Cards, such as Visa, MasterCard, and Diners Club
- Electronic payment processors, such as including Abaqooc, eKonto, ePay, Euteller, GiroPay, Sofort, POLi, and more.
Platinium Fund Review: Account Opening
To open a trading account, simply click on the ’Start Trading’ icon and fill out the form properly; then click on ’Open Account’ to submit your details.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Platinium Fund Review: Conclusion
Platinium Fund is an offshore trading broker that provides traders with multiple sophisticated trading platforms for trading a wide range of financial instruments. Clients get access to a good selection of educational resources and 24/7 customer support. However, the broker is unregulated which could be a red flag for potential clients.
Trading in financial instruments may result in losses as well as profits. Past performance does not guarantee future results. Forex derivatives are leveraged products and involve a high level of risk. You should not invest more than you are prepared to lose.