About PFH Markets
Company Overview
PFH Markets is an online trading platform that provides forex, contract for differences (CFDs), and commodity trading. The company was founded on October 19, 2020, and is registered in Saint Lucia with the registration number 2024-00544. Although the broker lists a United Kingdom registration country in our records, its official address is in Castries, Saint Lucia, and it operates under the laws of Saint Lucia as an International Business Company.
Regulation and Licensing
PFH Markets does not hold any known regulatory licences from major financial authorities such as the FCA, CySEC, or ASIC. Our records show no regulators on file, and the broker’s website does not claim any regulatory oversight. The absence of regulation means traders have no recourse to a financial ombudsman or compensation scheme, representing a significant risk factor.
Account Types and Minimum Deposits
PFH Markets offers three account types: Classic, Pro, and VIP. The Classic account requires a minimum deposit of $100, the Pro account $5,000, and the VIP account $50,000. All accounts offer identical maximum leverage across asset classes, ranging from 1:400 for forex to 1:20 for stocks. The broker does not specify any differences in spreads or commissions between the tiers, which may be a point for traders to investigate before opening an account.
Trading Platforms and Instruments
The broker exclusively uses MetaTrader 5 (MT5) for trading, a widely recognised platform known for its advanced charting, analytical tools, and algorithmic trading support. PFH Markets claims to offer over 2,000 trading instruments, covering forex pairs, metals, indices, energies, stocks, and cryptocurrencies. This extensive instrument list may appeal to traders seeking diversification, but the lack of regulatory oversight means the pricing and execution quality cannot be independently verified.
Deposits and Withdrawals
PFH Markets provides a Deposits and Withdrawals Policy on its website, available as a PDF, outlining the general rules for funding and withdrawing client funds. The policy states that clients can use various payment methods listed on the site, but does not specify which methods are accepted. Withdrawals are subject to compliance with the company’s terms. Traders should carefully review the policy and test the withdrawal process with a small amount before committing larger sums.
Target Audience
Given the high leverage offered (up to 1:400) and the large number of instruments, PFH Markets appears to target both retail and experienced traders. The VIP account with a $50,000 minimum suggests a focus on high-net-worth individuals. However, the lack of regulation makes this broker unsuitable for risk-averse traders or those who prioritise client fund security and regulatory protection.
Overview compiled by FXCanary from regulatory records and public data. full PFH Markets review