Pipsexpertrades is a CFD broker website with a domain registered on February 12, 2024. This broker primarily provides investment services in trading markets such as forex, commodities, indices, stocks, and digital currencies. It does not offer services to countries and regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
The homepage of Pipsexpertrades (www.pipsexpertrades.com) displays a company registration certificate showing that the broker is registered in the UK with company registration number 764643562. However, clicking on View License Page leads to the UK's Companies House, which shows a company named "COIN MARKET MANAGER LTD" currently in a state of bankruptcy liquidation.
Additionally, the "About" page on its official website indicates that the broker is affiliated with a company named "IFM," regulated by the Australian Securities and Investments Commission (ASIC), but does not provide a specific license number.
Upon investigation, Companies House does not have a registered company with the number 764643562, and while multiple regulated companies named IFM are listed by ASIC, none are affiliated with Pipsexpertrades.
Therefore, Pipsexpertrades (www.pipsexpertrades.com) is essentially a fraud broker website with no actual company entity or regulatory oversight.
Trading Instruments:
Pipsexpertrades offers a variety of trading products including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or a specific sector without trading individual stocks, offering diverse trading opportunities and high leverage for enhanced potential gains.
- Commodities: Commodity trading covers essential global resources, enabling traders to buy and sell a variety of raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning profits based on company performance and dividends without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading provides digital currency enthusiasts the opportunity to profit from highly volatile assets.
Account Opening Process
To open a trading account with Pipsexpertrades, visit the broker's official website, click on "Register" at the top right corner, fill in personal information such as name, phone number, email address, and set a login password, then submit. Account verification is required to complete the registration process successfully.
Investment Plans
Pipsexpertrades offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Invest $100 to receive $3,000
- Invest $300 to receive $4,000
- Invest $400 to receive $5,000
- Invest $500 to receive $6,000
- Invest $600 to receive $7,000
- Invest $700 to receive $8,000
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profit
CLASSIC ACCOUNT:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $45,000
- Maximum Expected Profit: $50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profit
PLATINUM:
- Minimum Deposit: $10,000
- Minimum Expected Profit: $99,999
- Full Benefits Package
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profit
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals per Day
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use Any Broker
Trading Platform
Pipsexpertrades offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than comprehensive liquidity providers, executing over 12,000 orders per second.
Deposits and Withdrawals
The Pipsexpertrades official website does not disclose its supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that Pipsexpertrades is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation, and its contact method is limited to email. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
