PERPETUAL

Perpetual is a retail forex and CFD broker registered in Turkey, operating under the domain perpetual-liquidity.com. The company was founded in February 2026 and is headquartered at Şahkulu Mah, Galip Dede Cd. No: 18/B 34421 Beyoglu/Istanbul. FXCanary’s records indicate that the broker does not currently hold any financial regulatory licences, which is a significant factor for traders to consider.

The broker positions itself as a technology-driven platform offering high leverage and competitive spreads. Despite being newly established, Perpetual claims to serve a global client base with a focus on providing a seamless trading experience. However, the absence of regulatory oversight places the onus on traders to perform their own due diligence.

Perpetual offers two primary account tiers. The PREMIUM account requires a minimum deposit of $500 and provides leverage up to 1:500. The STANDARD account is accessible with a $50 minimum deposit and offers leverage up to 1:1000. Interestingly, the broker’s website also advertises dynamic leverage up to 1:5000, which appears to contradict the stated account-specific limits. This discrepancy may reflect promotional material not yet aligned with the actual account offerings.

Both account types grant access to the broker’s full range of instruments and trading conditions. There is no mention of a demo account or Islamic account options on the site, though the broker does claim swap-free availability for certain countries. FXCanary recommends traders clarify these details directly with the broker before funding an account.

According to the broker’s website, Perpetual provides over 100 tradable assets spanning forex, indices, commodities, and metals. The site lists specific average spreads: 0.5 pips for EURUSD, 0.6 pips for USDJPY, 1.1 pips for USOIL, and 12 pips for US30. These figures are presented as typical spreads, though actual spreads may vary based on market conditions and account type.

The broker also lists XAUUSD with a 2.5 pip average spread and notes that spreads on gold are customizable. Instruments are available for trading as CFDs, allowing leveraged exposure. The product range is relatively standard for a retail CFD broker, but the lack of regulatory oversight means that pricing and execution quality cannot be independently verified.

Perpetual advertises competitive trading conditions, including average spreads from 1.3 pips, leverage up to 1:5000, and execution speeds under 0.1 seconds. The broker claims no commissions on trades, with zero swaps and no hidden fees (swap-free applicable only for certain countries). These conditions are promoted alongside instant deposit and withdrawal options.

It is important to note that the advertised maximum leverage of 1:5000 is significantly higher than the maximums listed for the specific account types (1:500 for PREMIUM, 1:1000 for STANDARD). This inconsistency may indicate that the broker offers additional account structures not detailed in our known facts, or that the website contains promotional exaggeration. FXCanary advises traders to request full terms in writing.

Perpetual states that client funds are held in segregated accounts at Tier-1 banks and protected by negative balance protection. The broker also claims to employ encryption and firewalls to safeguard data. While these are standard industry practices for regulated brokers, the absence of a regulatory licence means that there is no external oversight to ensure these measures are actually implemented.

Traders should be aware that segregated accounts are not a guarantee against loss in the event of broker insolvency, especially when the broker is not subject to regulatory capital requirements. The negative balance protection, while beneficial, is a discretionary policy that may not be legally binding in an unregulated environment.

FXCanary’s records show that Perpetual has no registered regulators. The broker’s website does not display any licence numbers or regulatory memberships. As a Turkey-based entity offering services internationally, it likely operates outside the jurisdiction of major financial authorities such as the FCA, CySEC, or ASIC.

Without regulatory oversight, traders have no recourse to a compensation scheme or ombudsman in the event of a dispute. The broker’s 60/100 scam risk score reflects elevated risk due to this lack of oversight, the company’s very recent establishment (2026), and the highly leveraged products it offers.

Perpetual may appeal to traders seeking high leverage and low minimum deposits, particularly those interested in swap-free trading. The broker’s low entry barrier ($50 for STANDARD) makes it accessible to retail traders with limited capital.

However, the absence of regulation and the newness of the broker make it unsuitable for risk-averse traders or those who prioritise fund safety. Traders should be cautious and consider whether the potential benefits outweigh the significant risks of trading with an unregulated entity.