Palm Global Journal

Journal status: live
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Palm Global Profile
Year
2020
Country
Bahamas
Branches
1
Regulation
SCB Bahamas
Registration
SCB Bahamas
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

Palm Global Accounts
STP
ECN
Minimum Deposit
100 $
10000 $
Leverage
200 : 1
100 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.5 pips
0.1 pips
Commission
0 $/lotRT
...
Volume
...
...
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, WebMoney
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
Update broker

Is Palm Global safe?

  • Investor protection: no
  • Regulation: SCB Bahamas
  • Registration: SCB Bahamas
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Palm Global trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • Palm Global website: semi-detailed, updated ★★★
  • Palm Global popularity (by visitor count): least visited

How Palm Global works



Start with as little as $100 for our Standard Account or get access to extra tight spreads with our ECN account.


The Firm only acts as custodian and principal broker, and therefore is not responsible for the size of the commissions, fees and/ or charges paid by the Client.

8.2 Where by virtue of Market rules an option is exercised automatically under a back to back transaction which was entered into by the Firm on the Client’s instructions, the corresponding Transaction to which the Client and the Firm are both party will be deemed to have been automatically exercised at the same time.

If the Client incurs a negative balance through trading activity on its Account, the Client should inform the Firm’s trade audit team, and the Firm will evaluate the inquiry and report back to the Client with its outcome, which is based on its sole and absolute discretion.



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