Pelliron.com Forex Review: Generous Interest on Deposits

About Pelliron.com

Pelliron.com History goes back to the year 2008. At that time the world-famous and tremendous in scale US mortgage crisis broken out. That crisis is only comparable to the times of the Great Depression of the 30s of the last century. Unfortunately nobody could not predict such global economic crisis. Even more, nobody could not aware of all the consequences that had hidden behind it.

In late 2007, a group of experienced traders and brokers working in different institutions (investment banks, hedge funds) that had similar views on the current economic situation were able to calculate coming crisis and predict its beginning and possible consequences. Thus, they were able to warn and help their customers who trusted them and took advantage of the recommendations in their investment portfolios.

By the end of 2008, as Pelliron Forex know, the majority of companies in this sector went bankrupt, closed or were nationalized. Thereby freeing a large enough niche in the field of investment, analysts, and services related to the financial markets. This was a push for the decision to create a new service market and services in this area.

After a number of established successful analytical and investment projects, it was decided to create the perfect service for trading. Pelliron Universal Ltd. company has become the embodiment of full the experience and understanding all needs of traders and investors. As the founders of the company are only traders and brokers from different spheres of investment, they try to combine all their experience in the service for the trader (the main participants and users of brokerage services).

Pelliron Overview

Forex Broker Name	Pelliron.com
Listed Date	12/09/2022
Regulation & Licensing	Financial Services Authority (Saint Vincent and the Grenadines)
Langugae	English
Clients Accepted from	Over 50 countries in total
Payment Types Accepted	Credit Card, Debit Card, Bank Transfer, eMoney
Platform	MetaTrader 5
Mobile Compatibility	Android, iOS
support	24/7
Official Site	Homepage

How To Start With The Pelliron.com Forex

To Start Trading With Pelliron.com Forex Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Pelliron Forex Website.

Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Pelliron.com Forex Account.

Trading Platform

Pelliron Forex offers the Utip trading platform. It is an interesting alternative to the popular MetaTrader4 (MT4) solution, which many brokers prefer. One of Utip’s key selling points is the integration of binary options directly in the platform.

This can be viewed as a positive or a negative, depending on your opinion on binary options. Other than that the platform feels very similar to MetaTrader, although it lacks the variety of custom made technical indicators and Expert Advisors.

Payment Method

There are several payment methods available at Pelliron. They are: Bank Transfer, Credit/Debit Card, Skrill and Neteller. Given the company’s strong focus on Russia, they are surprised Weboney is not included, but the current options are rather sufficient.

Top Pelliron Features

Ease of access:

Pelliron.com does not apply geographical limits to its users, allowing traders from regions like Japan and the US, which are typically not permitted to trade forex using offshore brokers to register for accounts.

Affordable fee structure

According to the broker’s website, there are no additional fees except for the standard spread on assets traded through Pelliron using MT5. The site does not mention deposit and withdrawal fees, and these could not be verified at the time of publication.

Generous interest on deposits

Pelliron Forex is unique in the sense that the company offers a generous 3% interest per month on its standard account, with the rate increasing to 4% on VIP accounts. A minimum deposit of $5,000 or $100,000 applies to each account. The following trading conditions (among others) must be met: at least three lots must be traded per $1,000 deposited and the account must not become dormant through lack of trading activity.

A variety of forex pairs available to trade

With a total of 42 forex pairs (including several exotics including Scandinavian currencies) offered on the platform, Pelliron is ideal for currency traders whose strategy is focused on buy/sell principles. It should be noted that swap options are only available for the five cryptocurrencies supported by this broker.