Pips Inter Change is a CFD broker whose official domain was registered on March 22, 2024. This broker primarily offers investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the Pips Inter Change (pipinterchange.live) official website, the website copyright belongs to Pips Inter Change LTD. Additionally, the broker claims to be regulated by the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).
Upon investigation, regulatory bodies such as the FCA and ASIC have no record of a regulated company named "Pips Inter Change."
Therefore, Pips Inter Change (pipinterchange.live) is actually a fraudulent broker website with no company entity and no regulation.
Account Opening Process
To open a trading account with Pips Inter Change: Visit the broker's official website, click "Open Account" on the homepage or "SIGN UP" at the top right corner of the page to enter the account registration page. Fill in personal information such as name and email address, set a login password, and submit. Once verified, the account registration is successful.
Trading Instruments:
Pips Inter Change offers its clients various trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing 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. By exploring popular indices, diverse trading opportunities can be found, using high leverage to enhance potential returns.
- Commodities: Commodity trading covers key resources in global markets, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price movements of public companies, earning money based on company performance and dividends without physically owning the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
Pips Inter Change offers four different types of investment plans: Basic account, Classic account, Platinum account, Forex Signal Subscription.
Basic account:
- Minimum deposit: $500
- Minimum expected profit: $4,500
- 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 account:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits package
- Trader education*
- Advanced risk management
- Tax-free spread trading profit
Forex Signal Subscription:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Payment by Bitcoin only
- Use any broker
Trading Platform
Pips Inter Change claims to provide the MT4 trading platform with deep liquidity, leverage up to 1:500, and the best spreads in the industry. However, an inquiry into the MT4 trading platform shows that no broker named Pips Inter Change exists.
Deposits and Withdrawals
On its homepage, Pips Inter Change claims to support user deposits and withdrawals via debit card, wire transfer, e-check, or check deposits. However, on the "FAQ" page, it states that it does not offer multiple deposit methods, including credit/debit cards and bank wire transfers, and only supports cryptocurrency deposits and withdrawals.
Conclusion:
Traderknows reminds investors that Pips Inter Change is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. 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.
