Phyntex Markets Review: Regulation, Fees and Accounts
Phyntex Markets
Malaysia
Your money is at risk
Phyntex Markets overview: what kind of broker is it?
Phyntex Markets is an STP/ECN forex and CFD broker based in Malaysia, founded in 2023. Regulation: Phyntex Group Limited is licensed in Mwali as an International Business Company (HY00823421).
Traders get MT5-Web platform and MT5-Android, spreads from 0.0 Pips, leverage up to 1:5000 and a $15 minimum deposit. New clients can also check the current 100% Forex Trading Credit Bonus.
Tradable markets include Metals, Commodities, Energies, Stock Indices. Stocks, Cryptos.
Phyntex Markets broker specifications
Company and regulation
| Broker | Phyntex Markets |
|---|---|
| Regulated by | Phyntex Group Limited is licensed in Mwali as an International Business Company (HY00823421) |
| Type of broker | STP/ECN |
| Country | Malaysia |
| Foundation year | 2023 |
| Website | Visit Phyntex Markets website |
| Website languages | English |
Trading conditions
| Minimum deposit | $15 |
|---|---|
| Maximum leverage | 1:5000 |
| Minimum spreads | 0.0 Pips |
| Base currencies | USD, THB, AUD, GBP, EUR, JPY and More |
| Tradable instruments | Metals, Commodities, Energies, Stock Indices. Stocks, Cryptos |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Current promotion | 100% Forex Trading Credit Bonus |
|---|---|
| Welcome bonus | 100% Welcome Deposit Bonus |
| Standard no deposit bonus | No |
Contact details
| Telephone | Not available |
|---|---|
| Email / Skype | support@phyntexmarkets.com |
| Fax | Not available |
| Head office | KL Trillion, Level 20, 338 Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia |
| Contact form | Contact Phyntex Markets |
Phyntex Markets pros and cons
Pros
- Regulated: Phyntex Group Limited is licensed in Mwali as an Internatio...
- 100% Forex Trading Credit Bonus
- Low $15 minimum deposit
- Spreads from 0.0 Pips, STP/ECN execution
- MT5-Web platform and MT5-Android and more platforms
- Islamic, mini, VIP and managed accounts
- 5 deposit and withdrawal methods
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
- Leverage up to 1:5000 is very high risk
Phyntex Markets account types
Phyntex Markets offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $15 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | Yes |
Phyntex Markets Mission
Phyntex Markets mission is to seamlessly connect traders with global financial markets, achieved through substantial technology investments and an unwavering commitment to excellence.
Phyntex Markets Vision
In Climax Prime Broker, our Vision is to be the broker of choice for traders who want to achieve success in the forex market, Additionally, Every day, we aim for greatness by providing an advantage to our traders by establishing connections with the financial world and being a zero-risk bro
Phyntex Markets trading platforms
Phyntex Markets runs on MT5-Web platform and MT5-Android, which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Phyntex Markets
As
a genuine broker, we offer unparalleled access to the financial arena,
using cutting-edge trading bridges and robust servers. Phyntex Markets
business is founded on integrity, with a strict policy against practices
that may compromise traders’ interests.
We derive Phyntex
Markets revenue solely from spreads and commissions, ensuring complete
alignment with Phyntex Markets valued clients. Transparency and
integrity are not just slogans but fundamental principles ingrained in
every aspect of our operations. Climax Prime broker strives for
operational excellence daily, consistently raising the bar for service
quality
Find the answers you’re looking for using Phyntex Markets in-depth knowledgebase or contact our friendly customer support 24/7.
Phyntex Markets deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Crypto
Is Phyntex Markets safe and legit?
Phyntex Markets is a regulated broker. Phyntex Group Limited is licensed in Mwali as an International Business Company (HY00823421). The broker says client money is kept in segregated accounts, separate from company funds.
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:5000.
Our verdict on safety
Phyntex Markets suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full Phyntex Markets review
Phyntex Markets forex broker: Key Facts
Comprehensive reviews and ratings of Phyntex Markets forex broker to make informed decisions on your trading journey. Find out more about their services
Related:
Official website: Phyntex Markets.
Learn more: What is forex trading? (Investopedia).
Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments and level of experience, before trading, and if necessary, seek independent advice.
Regional Restrictions
Phyntex
Markets currently only accepts clients from Asia & Pacific
confederation specifically from South East Asia. Phyntex Markets does
not provide services to residents of the Americas region, Arab states,
CIS countries, and European nations.
General Disclaimer
Trading
Forex, CFDs, and any financial derivative instruments on margin carries
a high level of risk and may not be suitable for all investors, as you
could sustain losses. The Company under no circumstances shall be liable
to any persons or entity for any loss or damage in the whole or part
caused by, resulting from, or relating to any transactions related to
CFDs. Phyntex Markets assumes no liability for errors, inaccuracies, or
omissions, does not warrant the accuracy, completeness of information,
text, graphics, links, or other items within these materials.
Legal Announcement
Phyntex
Group Limited is licensed in Mwali as an International Business Company
(HY00823421) and as an International Brokerage and Clearing House
(T2023344) under Mwali International Services Authority in Comoros Union
with license number with registered address at Moheli Corporate
Services Ltd, P.B. 1257 Bonovo Road, Fomboni, Comoros, KM. The website
is owned and operated by the Phyntex Markets. Phyntex Markets is a
trading name of Phyntex Group Limited.
Reviews and ratings of Phyntex Markets Forex Broker
Get the most reliable and up-to-date reviews and ratings of Phyntex Markets Forex Broker to make informed decisions about your investments. Discover the best features and offerings of Phyntex Markets here.
The physical office of the company is KL Trillion, Level 20, 338 Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia.
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