Pure Market Broker offers MT4 and MT5 accounts for margin forex and CFDs, together with PAMM allocation and social trading services. Its current catalogue spans currencies, metals, energy, indices, shares and crypto. This profile follows the international Pure M Global Limited service in Vanuatu, checked on 19 October 2026. The website assigns VertexFX clients to a separate Pure Markets Africa route.[1][5][7]
Pure Market Broker at a glance
| Measure | Value | Context |
|---|---|---|
| Profiled operator | Pure M Global Limited, Vanuatu | Source 23Source 7 |
| Financial dealer licence | VFSC 14801; active classes A, B and C | Source 23 |
| Main account plans | MT4 Standard and MT5 Standard | Source 2 |
| Published minimum deposits | MT4: USD 100; MT5: USD 1,000 | Source 2Source 7 |
| Plan currencies | EUR and USD | Source 2 |
| Advertised maximum leverage | 1:200, subject to instrument and account margin terms | Source 2Source 8 |
| Underlying ownership | Cash-settled derivatives; no physical delivery | Source 7Source 17 |
Accounts and eligibility
Sections ↑Main retail account choices
| Account | Published starting conditions | Operational scope |
|---|---|---|
| MT4 Standard | USD 100 minimum; spreads from 0.0 pips; FX commission shown as USD 30 per million | MetaTrader 4; EUR/USD account denomination; 0.01-lot minimum, up to 50 lots per trade and 400 orders advertised.Source 2Source 4 |
| MT5 Standard | USD 1,000 minimum; spreads from 0.0 pips; commission shown as USD 6.50 per standard lot | MetaTrader 5; the same published currencies, lot limits and order count. The commission display does not identify per-side versus round-trip charging.Source 2Source 4 |
Applicants must be at least 18 and pass identity, address and source-of-funds verification before activation. The FAQ accepts address evidence issued within six months; the AML webpage also asks for address verification within three months of account opening. These are differently worded requirements, so the dated-document requirement in the live verification request matters. Corporate verification includes beneficial owners.[4][11][8]
The website is not directed at UK or EU residents. Its separate exclusion list includes the United States, Malaysia, Vanuatu, Russia, Pakistan, Israel, Iran and a number of other jurisdictions; it covers citizenship as well as residence. A country being selectable in a general interface would not override the published service restrictions.[5]
Markets and contract exposure
Sections ↑Current advertised instrument range
| Category | Published count | Exposure |
|---|---|---|
| Foreign exchange | 75 pairs | Major, minor and exotic currency pairs, traded on margin.Source 1Source 7 |
| Metals | 8 | Gold and silver are specifically described in the product and agreement material.Source 1Source 7 |
| Commodities | 3 | Energy exposure includes oil and natural gas in the agreement.Source 1Source 7 |
| Indices | 13 | CFDs referencing global stock-market indices.Source 1Source 7 |
| Shares | 292 | Individual-equity CFD exposure; the cash-settlement clause does not provide ownership or delivery of shares.Source 1Source 7 |
| Crypto | 23 | Leveraged price exposure, separate from using cryptocurrency to fund an account.Source 1Source 7Source 4 |
Trading profits and losses settle in the account currency when positions are closed. The agreement rejects physical-delivery requests. Product availability, sessions and leverage can change by instrument, and the general 24/5 trading description should not be read as a promise of weekend crypto dealing.[7][8]
Commission, financing and account charges
Sections ↑Several current legal webpages contain terms that differ from the PDFs downloaded through those same pages. No effective-date or supersession notice reconciles the versions. The material differences are identified beside the relevant charge or procedure below; a current accepted account schedule is needed to establish which version applies.[7][8][17][18]
Economic terms beyond the headline spread
| Item | Published basis | Scope or unresolved point |
|---|---|---|
| Trading commission | MT4 FX: USD 30 per million; MT5: USD 6.50 per standard lot | Charging side is not specified. The terms webpage separately calls USD 6.50 a standard CFD commission, subject to account details. No normalized round-trip total is established.Source 2Source 8 |
| Daily minimum commission | Terms webpage: USD 5 per day when volume is below a minimum threshold | The threshold and interaction with the two plan tariffs are not stated. It should not be silently omitted from a low-volume cost comparison or assumed to apply on every calendar day.Source 8 |
| Overnight financing | Instrument-specific swap debit or credit; FAQ says 21:00 GMT | The linked terms PDF instead refers to rollover from 23:59:45 server time. The server offset is not supplied there, so the two clocks are not assumed equivalent.Source 4Source 18 |
| Inactivity charge | Terms webpage: USD 10 monthly may apply after 12 consecutive inactive months | The linked client agreement defines inactivity after six months without positions, pending orders or non-trading operations. Its archive process is an access restriction, separate from the webpage fee.Source 8Source 17Source 18 |
| Currency conversion | Non-account-currency funds may be converted at the company’s prevailing rate | No fixed conversion markup or interbank-rate entitlement is stated. Trading P&L, funding conversion and external payment fees have different bases.Source 7 |
| Bank/processor charges | Current FAQ and terms webpage publish no company deposit or withdrawal fee | Bank, payment-network and conversion costs can remain payable by the client.Source 4Source 8 |
The linked PDF provides a defined archive-recovery route: request restoration through Pure Portal, with restoration within three working days and written notice on the restoration day. It preserves account history when archiving. This does not make the separate published inactivity fee a restoration fee.[18]
Platforms, orders and margin
Sections ↑Execution and account controls
| Control | Documented operation | Practical limit |
|---|---|---|
| Platform access | MT4 and MT5 for Windows, macOS, iOS and Android | Desktop and mobile access are advertised. The terms PDF expressly requires an online, server-authorized client terminal for trailing stops to keep updating.Source 3Source 4Source 18 |
| Order handling | Market, limit, stop, pending, stop-loss and take-profit instructions | The linked PDF uses GTC for round-the-clock instruments and stop-loss/take-profit orders; session instruments can have day expiry. Cancellation or modification may fail once execution begins.Source 7Source 18 |
| Volume and distances | 0.01-lot minimum, 50-lot per-trade maximum and up to 400 orders advertised | The FAQ says no stop/take-profit distance limit; the PDF refers to instrument-specific contract specifications. The live symbol setting therefore matters.Source 2Source 4Source 18 |
| Automation | Scalping and EAs are advertised as permitted | Current client agreement §11.7 nevertheless requires company authorization for automated systems/bots. Exploiting software errors and manipulative orders remain prohibited.Source 4Source 7Source 17 |
| Leverage and margin | Account pages advertise up to 1:200; the terms webpage separately states a 2% minimum margin | Two percent corresponds to 1:50 exposure, so these statements do not establish a uniform margin schedule. The PDF permits changes to existing as well as new positions.Source 2Source 8Source 18 |
| Close-out timing | Web terms describe a 24-hour margin-call response; linked PDF permits stop-out without notice | No universal numerical stop-out level was established. The conflicting versions do not support a guaranteed 24-hour opportunity to fund before liquidation.Source 7Source 8Source 18 |
The PDF risk disclosure explains that closing an order-entry window does not cancel an instruction already sent to the server. Sending it again before receiving the first result can create an unintended second transaction. Stops and liquidation execute against available liquidity, with slippage possible.[21][18]
Deposits, withdrawals and records
Sections ↑Cash movement through the account
| Stage | Current published process | Timing and conditions |
|---|---|---|
| Funding channels | FAQ currently lists bank transfer and Bitcoin, Ethereum or USDT | The agreement’s broader examples of cards and e-wallets do not establish current availability for a particular account.Source 4Source 7 |
| Deposit arrival and credit | FAQ: bank transfer 1–3 business days; crypto 1–2 hours, depending on network | Agreement: normally 1–24 hours for company processing after receipt; new or large deposits can require another 5–10 business days of verification. Only credited funds provide usable trading balance.Source 4Source 7 |
| Withdrawal request | Submit through the client portal; return normally to the original funding method | Agreement states a USD 5 minimum and company processing within 5–10 business days. Receiving-bank or network delivery is a separate step.Source 4Source 7 |
| Available amount | Net equity after open-position and margin obligations | The company may require positions to close, seek source-of-funds documents or cancel a pending request if account/market conditions change.Source 7 |
| Account closure | Written notice; close positions, settle fees and outstanding obligations | The current webpage says the remaining balance is returned within 10 business days. The linked PDF preserves outstanding obligations but supplies no matching return clock.Source 7Source 17 |
The current agreement describes downloadable PDF statements and monthly consolidated statements on request. The linked terms PDF describes daily confirmations and an emailed monthly transaction statement, but imposes a 24-hour objection period versus the webpage’s 10-business-day discrepancy period. Both versions make prompt review relevant. The privacy policy’s CSV/JSON data-portability right is not proof of a ready-made trade-history CSV or a country-specific tax return.[7][18][10]
Legal entity and client-money protections
Sections ↑Protection chain for the profiled route
| Layer | Evidence | Limit |
|---|---|---|
| Contracting dealer | Pure M Global Limited; VFSC 14801, active A/B/C on the regulator’s list | This is the Vanuatu dealer. The footer assigns VertexFX to Pure Markets Africa, so the website’s two-licence presentation is not a combined protection package for one account.Source 23Source 7Source 5 |
| Client money | Company says client funds are segregated from operating funds | Current agreement also authorizes pledging funds for liquidity arrangements and identifies bank/counterparty and insolvency-recovery risks. Segregation is not immediate repayment assurance.Source 7Source 17 |
| Deposit insurance and private cover | Current agreement expressly says segregated funds lack Vanuatu deposit-insurance cover | It also refers generally to adequate insurance/reserves, but gives no insurer, covered beneficiary, policy limit or claim terms establishing a payable client insurance benefit.Source 7 |
| Negative balances | Direct-trading documents warn that losses can exceed deposits; the linked terms PDF requires repayment of negative equity | No unconditional negative-balance protection is established for MT4/MT5 trading accounts. Separate PAMM wording must be assessed under the particular investor contract.Source 9Source 18Source 20Source 14 |
For account recovery, the FAQ directs clients to [email protected] with the trading-account number. The privacy webpage advertises multi-factor and mobile biometric authentication, but does not document the exact enrolment/recovery workflow or a fixed post-reset withdrawal hold. Verification or suspicious-activity restrictions are separate contractual powers.[4][10][11][7]
Support, complaints and external escalation
Sections ↑Verified contact routes
Scope Pure Market Broker support; include the account number and problem details.
Scope The contact page links to the current client portal.
Hours Live chat: 24/5 during market hours.
Scope Written complaint and internal escalation under the current webpage procedure.
Scope The linked PDF names this separate internal-dispute address; retain the applicable document version.
Scope Regulatory escalation about the licensed Vanuatu dealer, subject to VFSC complaint prerequisites.
The current agreement promises acknowledgement within two business days, normally a written investigation response within ten business days, and senior review requested within ten business days with another ten-business-day response. The terms webpage instead allows 30 days to request senior review. The linked PDFs give different procedures: the client agreement names compliance email and a 30-day reply, while the terms PDF requires a Pure Portal complaint within two business days and ordinarily five-business-day review. Those versions do not establish one reconciled filing deadline.[7][8][17][18]
A complaint record should include the account, disputed order ticket, date/time, relevant clause and evidence. VFSC’s own guidance asks a genuine client to try the dealer three times before an unsatisfactory matter is escalated, supplying identity, deposit evidence, correspondence and English translations where required. Its published process addresses the licensee’s conduct and licence status; it is not an automatic compensation award. The agreement’s six-month referral wording is a broker statement, not a separately verified VFSC limitation period.[18][7][24]
For an outage, the FAQ gives chat and email technical support. The linked client agreement allows phone instructions only for specific account types, whereas the terms PDF normally requires the trading terminal. No current dedicated emergency-dealing number or universally accepted off-platform close-out instruction was established. Support availability does not itself authorize an order.[4][17][18][6]
PAMM, social trading and research tools
Sections ↑Additional service architecture
| Service | Authority and economics | Exit or scope condition |
|---|---|---|
| PAMM allocation | A selected manager controls trading; the investor contributes capital and receives proportional results. The company operates the allocation/fee infrastructure. | The linked PAMM terms reserve funding requests to the investor and trading instructions to the manager. This is a separately authorized arrangement, not discretionary management of every retail account.Source 13Source 19 |
| PAMM fees and entry | Current webpages describe a USD 1,000 minimum, annual management fees typically 1–5% collected monthly and performance fees typically 20–30% with a high-water mark | The linked PDF permits proposals from USD 100 and one-, three- or six-month trading intervals. Manager-specific accepted proposal terms are needed; generic ranges and inconsistent worked examples do not establish one payable tariff.Source 13Source 14Source 19 |
| PAMM withdrawal | Current investor webpage requires ten business days’ notice for capital and processing within five business days of the specified date | The linked PDF instead processes requests at the next eligible active rollover, at that rollover’s value; requests cannot be cancelled and full exit closes the investment account. The versions do not support guaranteed instant capital withdrawal.Source 14Source 19 |
| Social trading | Signal trades are copied proportionally to the follower’s allocation; the page permits pause, allocation changes and unsubscribe | The public description does not say whether stopping closes existing copied positions or leaves them open, nor does it supply a complete follower fee or termination contract.Source 16 |
| Introducer programme | Partners earn remuneration for referred-client trading under a separate IB agreement | An IB is not permitted to hold client deposits or execute trades. Partner commission/rebate examples do not establish a universal client cash bonus.Source 12 |
| Research tools | Margin/trade calculators and an economic calendar appear on the site | The calendar explicitly labels its event data as AI-generated from web sources and potentially delayed or incomplete. No authority to place client orders follows from that research feature.Source 1Source 22Source 7 |
PAMM exit also carries trading and valuation risk. Under the linked terms, a manager’s trading dispute can suspend funding requests; manager-initiated liquidation requires positions to be closed, while company-initiated liquidation closes them. The linked investor PDF limits subscription risk to invested capital, but the current investor webpage says losses may exceed it. That conflict must be resolved in the actual subscription terms before describing PAMM as offering a capital-loss cap.[19][20][14]
Company and service model
Sections ↑Pure Market describes a business serving individual traders, introducers and professional trading groups with aggregated liquidity. Its current marketing and web agreement call the execution model STP with orders routed to external liquidity providers. The linked client agreement nevertheless states that dealer and client transact as principals and discloses possible conflicts of interest. External routing therefore should not be described as removing the customer’s contractual exposure to Pure M Global Limited.[5][7][17]
The company dates its Vanuatu presence to 2016; the current VFSC list independently establishes today’s active status and shows a 25 March 2024 date in the Pure M Global row. These dates answer different questions. Current footers, agreements and the regulator match establish the profiled international route without assuming that the separately advertised Africa/VertexFX operation is the same contracting service.[5][23]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Pure M Global Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Vanuatu Financial Services Commission14801 | Authorised | Checked 19 Oct 2026Current financial-dealer register lists active classes A, B and C. Applies to the Vanuatu entity, not a combined group licence.Source 23 |
Sources & further reading
- Current international website — products, accounts and route disclosures Pure Market Broker · Accessed 19 Oct 2026
- MT4 Standard and MT5 Standard account comparison Pure Market Broker · Accessed 19 Oct 2026
- MetaTrader desktop and mobile platform offering Pure Market Broker · Accessed 19 Oct 2026
- Frequently asked questions — trading, payments and account recovery Pure Market Broker · Accessed 19 Oct 2026
- About Pure Market — business model and regional restrictions Pure Market Broker · Accessed 19 Oct 2026
- Contact — support email, market-hours chat and client portal Pure Market Broker · Accessed 19 Oct 2026
- Client agreement — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- Terms of business — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- Risk disclosure — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- Privacy policy — data access and security Pure Market Broker · Accessed 19 Oct 2026
- AML policy — account verification and compliance restrictions Pure Market Broker · Accessed 19 Oct 2026
- Introducing broker agreement — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- PAMM account terms — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- PAMM investor agreement — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- PAMM manager consulting agreement — current published webpage Pure Market Broker · Accessed 19 Oct 2026
- Social trading — allocation, copying and pause controls Pure Market Broker · Accessed 19 Oct 2026
- Client agreement PDF still linked from the current legal page Pure Market Broker · Accessed 19 Oct 2026
- Terms of business PDF still linked from the current legal page Pure Market Broker · Accessed 19 Oct 2026
- PAMM account terms PDF still linked from the current legal page Pure Market Broker · Accessed 19 Oct 2026
- PAMM investor agreement PDF still linked from the current legal page Pure Market Broker · Accessed 19 Oct 2026
- Risk disclosure PDF still linked from the current legal page Pure Market Broker · Accessed 19 Oct 2026
- Published website data for account plans, FAQ and current legal pages Pure Market Broker · Accessed 19 Oct 2026
- Financial dealers licensee list — Pure M Global Limited Vanuatu Financial Services Commission · Accessed 19 Oct 2026
- Guidance notes addressing complaints against a financial dealer Vanuatu Financial Services Commission · Accessed 19 Oct 2026
- Contact VFSC — other issues and information Vanuatu Financial Services Commission · Accessed 19 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.