Numerical Pip is a CFD brokerage firm with a domain registered on July 5, 2024. The broker primarily provides investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities, and does not offer services to countries and regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the Numerical Pip (numericalpip.click) official website, the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed the company entity registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) did not find a regulated company by the name "Numerical Pip".
Therefore, Numerical Pip (numericalpip.click) is essentially a fraudulent broker website without any company entity or regulation.
Account Opening Process
The account opening process for Numerical Pip trading accounts involves: visiting the broker's official website, clicking "Open Account" on the homepage or "SIGN UP" at the top right corner of the webpage to enter the account registration page, filling in personal information such as name and email as required, setting a login password, and submitting the form. After submission, verify the account to complete the registration.
Trading Instruments:
Numerical Pip offers a variety of trading products including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies and is known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of the entire market or specific sectors without trading individual stocks. Exploring popular indices can uncover diverse trading opportunities and leverage to enhance potential returns.
- Commodities: Commodity trading covers key resources in global markets, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price movements and dividends of public companies based on their performance without actually owning the shares.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
Numerical Pip offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: $500
- Expected Minimum Profit: $3,500
- Expected Maximum Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: $5,000
- Expected Minimum Profit: $45,000
- Expected Maximum Profit: $50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: $10,000
- Expected Minimum Profit: $99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin-Only Payments
- Compatible with Any Broker
Trading Platform
Numerical Pip provides its own trading platform, claiming an average order execution speed of less than 7.12 milliseconds, extensive liquidity providers, and more than 12,000 orders executed per second.
Deposits and Withdrawals
Numerical Pip only supports deposits and withdrawals through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Numerical Pip is a scam broker that lures investors with promises of high returns. This site has neither a company entity nor any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
