⭐ Palm Global Journal
| Journal status: live Palm Global joined in | not yet |
Palm Global Profile
Website
Year
2020
Country
Bahamas
Branches
1
Regulation
SCB Bahamas
Registration
SCB Bahamas
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, Africa, Balkans, Barbados, Belarus, Bulgaria, Burkina Faso, Cameroon, China, Croatia, Cuba, Gibraltar, Iran, Iran, Iraq, Mali, Myanmar, North Korea, Philippines, Russia, Senegal, Sudan, Syria, UAE, US, Ukraine, Venezuela, Vietnam, Yemen, Yemen
Broker type
MM
Dealing book
A+B Hybrid book
Execution model
DD + NDD
Licensed as
Principal
Operating as
Principal, Matched Principal
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
Palm Global Accounts
MM
Minimum Deposit
100 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.5 pips
Commission
0 $/lotRT
Volume
Unlimited
Margin Call
100 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
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 |
- Full listing profile: Palm Global broker profile
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
Capacity
6.1 In relation to any Transaction, the Firm will effect such Transaction as Principal.
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.
6.1 In relation to any Transaction, the Firm will effect such Transaction as Principal.
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.
https://www.palmglobalcapital.com/downloads/retail_standard_terms_of_business.pdf
Capacity
6.1 In relation to any Transaction, the Firm will effect such Transaction as Principal.
6.1 In relation to any Transaction, the Firm will effect such Transaction as Principal.
https://palmglobalcapital.com/downloads/retail_standard_terms_of_business.pdf
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