PU Markets Ltd is a forex brokerage firm with its official website domain registered on August 1, 2023. It primarily offers investors trading services in financial derivatives such as forex, stocks, futures, energy, precious metals, and cryptocurrencies. The address of its headquarters is unknown. This broker does not provide services to jurisdictions where it might contravene local laws or regulations.
Enterprise Registration Information and Regulatory Status:
Public information on the official website of PU Markets Ltd reveals that its headquarters is located in London. Its subsidiary is regulated by the US Financial Crimes Enforcement Network (MSB) and registered with the US NFA, subject to its inspection and oversight. Additionally, the broker is authorized and regulated by the UK Financial Conduct Authority (FCA), with a license number of 146311.
Upon verification, both the US National Futures Association (NFA) and the Financial Crimes Enforcement Network (FinCEN) have no record of a registered entity named PU Markets Ltd. Moreover, the FCA's official website indicates that the entity registered under license number 146311 is AMT Futures Limited, whose official website is www.amtfutures.co.uk, and has no association with PU Markets Ltd.
Furthermore, the web design and content of this broker are identical to those of brokers such as CPT Limited, Unisnfx, XCY Global Ltd, BCC markets limited, Texttforex, GYG INVESTMENT LTD, Maxtra Financial Limited, among others.
Opening an account:
To open an account with PU Markets Ltd: visit the broker's official website, click on “Register” on the homepage or at the top right corner of the page to enter the account registration page. Fill in personal information such as name, email address, and set a login password before submitting. Once the application is submitted, the account is successfully registered.
Trading Account Information:
The official website of PU Markets Ltd only discloses information about spreads, trading leverage, margin call/stop-out levels, and contract sizes. However, details on account types, transaction commissions, minimum/maximum trading volume, maximum positions/orders, and minimum price precision are not published.
- Spread: variable spreads
- Trading leverage: 1:100—1:500
- Margin call/Stop-out levels: 100%/50%
- Contract size: 1 lot = 100,000 units of currency
Trading Platform:
PU Markets Ltd offers users its proprietary trading platform.
Deposits and Withdrawals:
PU Markets Ltd does not specify the supported methods of deposit and withdrawal, fees, or the minimum deposit and withdrawal amounts on its official website.
Conclusion:
Traderknows reminds investors that PU Markets Ltd is a forex scam website with opaque registration and regulatory information, suspected of false advertising. The only means of contact is through email, with very limited contact information. The website design and content are identical to those of CPT Limited, Unisnfx, XCY Global Ltd, BCC markets limited, Texttforex, Maxtra Financial Limited, GYG INVESTMENT LTD, and other brokers. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected of fraud" on Traderknows.
