About Performance Ronnaru Company Ltd
Company Overview
Performance Ronnaru Company Ltd, trading as PRCBroker, is a Cyprus-based forex and CFD broker established in 2014. The company is incorporated in Cyprus with registration number HE317107 and is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF licence number 253/14. The broker operates the website prcmarkets.com and presents itself as an institutional-only broker, catering to corporate and professional clients.
Regulation and Licensing
PRCBroker holds a Cyprus Investment Firm (CIF) licence from CySEC, which allows it to provide investment services across the European Economic Area under the MiFID II framework. The licence number 253/14 is active and listed on the CySEC register as of 30 October 2014. As a CySEC-regulated entity, the broker is subject to client money segregation, negative balance protection, and participation in the Investor Compensation Fund (ICF) for eligible clients. The broker's regulatory status is confirmed, and no clone or impersonator sites have been identified.
Account Types and Fees
PRCBroker offers two account types: Premium and VIP. The Premium account requires a minimum deposit of $10,000, while the VIP account requires a minimum of $100,000. Both accounts offer leverage up to 1:100, with a margin call level of 70%.
The minimum trade volume is 0.01 lots for Premium and 1 lot for VIP. The broker does not publicly disclose standard spreads or commission structures; these are likely tailored to institutional clients. The accounts are available only to eligible counterparties and institutional clients, as stated on the website.
Trading Instruments and Platforms
The broker provides trading in forex (28 currency pairs), precious metals (gold and silver), crude oil, and 13 CFDs on various underlying assets. All trading is executed through the MetaTrader 4 (MT4) platform, which is available for desktop and mobile devices. MT4 features include automated trading via Expert Advisors (EAs), real-time quotes, charting tools, and hedging capabilities. No other platforms, such as MT5 or cTrader, are mentioned.
Target Client Base
PRCBroker explicitly states that it offers services only to institutional corporate clients and businesses, subject to internal acceptance criteria. This suggests that individual retail traders may not be accepted. The high minimum deposit requirements ($10,000 for Premium, $100,000 for VIP) further underscore an institutional focus. The broker does not appear to target novice or small-scale retail traders.
Public Information and Transparency
Independent public information about PRCBroker is limited. The company's website provides basic contact details, regulatory information, and account specifications, but lacks detailed disclosure of trading costs, execution policies, or client fund protection beyond regulatory requirements. External reviews are scarce and often mix information with similarly named entities. The broker's presence on third-party aggregators is minimal, and no user reviews were found at the time of research. This lack of independent verification may be a consideration for potential clients.
Overview compiled by FXCanary from regulatory records and public data. full Performance Ronnaru Company Ltd review