This PIPTrade review conducted by ForexSQ experts for those investors want to open account with PIPTrade.com broker. As previously mentioned, Henyep Capital Markets UK Ltd has affiliates in 20 countries on 3 continents around the globe. This powerful financial firm has numerous company affiliations, including Henyep Capital Markets Dubai, Henyep Group Dubai, Henyep Dubai, HY Markets, HY Markets UAE and HYCM. The global firm maintains a website that offers several platforms for use in trading a wide range of financial assets in multiple markets around the world.
PIPTrade Review By ForexSQ
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PipTrade.com is another website established in 2010 and operated by HY Markets for trading multiple financial assets that include stocks, commodities, indices, oil, gas, precious metals and foreign currencies. Like its parent company HYCM, PipTrade offers a wide range of financial services in multiple countries around the globe.
Pip Trade is licensed and strictly regulated by the FCA of the UK; Henyep Capital Markets Dubai, Henyep Group Dubai, Henyep Dubai and HY Markets UAE are licensed and regulated by the DFSA in Dubai; in Hong Kong financial activities strictly overseen by the SFC.
The long term success of HY Markets and its proprietary trading platform Prime Trader enable it to create additional technologically advanced web based trading platforms like Pip Trade, which offers traders a variety of useful tools for trading the full range of assets offered by Henyep Capital Markets.
PipTrade features an advanced package of user friendly trading tools that allow fully automated one click trading and include online tradeable prices, real time news feeds, market analyses, effective charting and graphing tools and more.
Pip Trade provides traders all the tools they need to research, formulate and track trading activities in a variety of financial markets around the world.
Investors can choose to open several different types of trading accounts with PipTrade which are Mini, Standard, Premium, Demo Accounts and Islamic Accounts.
Mini Accounts are perfect for newbies or investors who don’t want to trade in high volumes and can be opened with a minimum deposit of $50 and provides maximum leverage of 1:200 and spreads as low as 1.8 pips.
The Standard Account at PipTrade is ideal for regular traders who aren’t newbies but also are not professional traders. Standard Accounts require a minimum deposit of $750 and offer leverage of 1:200 and spreads as low as 1.8 pips.
Premium Accounts are designed for more advanced and experienced traders who are willing to trade in higher volumes. Premium Accounts can be opened with a minimum deposit of $2,500 and VIP Customer Services are provided for traders who maintain account balances of at least $5,000 USD.
PipTrade offers Mini and Standard Accounts to Islamic traders who don’t want to earn interest on their investments for religious reasons. Islamic accounts are swap-free and the spreads offered are a little higher.
PIPTrade Demo Account
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Demo Accounts are very valuable tools for experienced and novice traders alike to research assets and markets, formulate trading strategies and practice trading assets in a virtual scenario. PipTrade offers Demo Accounts with minimum initial deposits of $50 and provides virtual funds for practicing trading a variety of assets in a number of global financial marketplaces.
PipTrade allows investors to utilize several trading platforms for conducting various trades that include its own proprietary PipTrade Webtrader, the extremely popular MT4 platform and mobile platforms for various handheld electronic devices.
Webtrader is PipTrade’s proprietary web based trading software platform that includes a fully integrated interface that is user friendly and provides one click trading using valuable trading tools that include Expert Advisors, integrated pricing, charts and graphs and trading screen. PipTrade Webtrader allows traders to engage in hedging and scalping trading techniques.
As mentioned previously, the MT4 trading platform is one of the most commonly used in the world and has become the standard for the forex industry. It’s user friendly platform provides all the tools necessary for trading a variety of assets in numerous markets.
PipTrade provides mobile apps for accessing trading accounts remotely via a variety of handheld electronic devices that include Smartphones, iPhones, Androids, iPads and other tablets and devices.
PipTrade’s trading platform software is available in a variety of languages, including English, Chinese and Arabic.
Commissions and Spreads
In keeping with the forex industry standard, PipTrade does not charge commissions on trades conducted using its platform. Pip Trade receives remuneration through various spreads that are offered on assets traded on the platform.
PipTrade offers fixed spreads of 1.8 pips for the popular EUR/USD currency pair but for Islamic Accounts the spread offered is 2.8 pips on the EUR/USD pair.
Maximum leverage offered by PipTrade is 300:1 and rates vary depending on the assets being traded. Traders should remember that leverage is borrowed money used to conduct trading activities that can greatly increase losses as easily as it can multiple gains. Extreme caution should be exercised when trading leveraged assets.
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Traders using PipTrade’s platform can rest assured their trading activities are strictly overseen and regulated by the FCA in the UK and other equally stringent regulatory agencies of other countries. Pip Trade maintains its firm’s funds separately from client funds, which are segregated into accounts held by the world’s largest financial institutions. PipTrade’s platform provides guaranteed Stop Loss Orders for further protection of trading funds.
Additional precautions are afforded by the Financial Services Compensation Scheme (FSCS) in the UK which protects trader account funds up to 50,000 Euros per person.
In order to attract new clients, PipTrade offers a welcome bonus of 15% on new account initial deposits.
Deposits and Withdrawals
Clients using PipTrade’s trading platform can make deposits and withdrawals to and from their trading accounts using major credit and debit cards, as well as wire transfers, Skrill, WebMoney, MoneyBookers, Liberty Reserve and PayPal. No fees are incurred for account deposits. Withdrawals are transacted using the same means and require adherence to strict identification standards imposed by the international financial community.
PipTrade offers quality bilingual customer support services 24/5 Monday through Friday between the hours of 5:00 am and 6:00 pm (GMT). Customer support can be accessed via online live chat, email or telephone.
For login to PIPTrade broker you can visit the broker website, After sign up you can check your email and do PIPTrade login.
The professional traders and investors at www.ForexSQ.com feel the PipTrade trading platform delivers the necessary tools for researching and conducting trades in a variety of worldwide marketplaces.
Being part of the powerful Henyep Group, PipTrade is a well regulated broker that provides a safe and reliable means of accessing trading accounts, asset and market research and conducting trades using a variety of trading platforms. HY Markets is able to offer its clients a wide range of assets due to the large network and long successful history of the Henyep Group and is one of the most successful financial brokerages in the world.