I have been trading with PCM brokers for around 5 months now. Things are doing very well so far, but I am making this review because there are some things about this company that I feel deserve mentioning.
I've tried more than 4 brokers so far. PCM is not the best, and not the worst, in terms of spreads, but they are definitely competitive on the major pairs, but not the best on the cross pairs or exotics. If you eliminate all the brokers with the high spreads and the market makers, leaving you with the brokers that are good, PCM is better than the average in that group.
Customer support experience:
I tried their technical support, and mostly used the online chat, and also trader cabin area. They seem to be available at all hours, not shutting down like many other brokers. Their staff are very knowledgeable.
Advantages:
STP broker, NDD style, regulated in Dubai,
Daily and weekly market analysis, very fast execution (actually never seen something like that especially during the news announcements).
Additionally, they offer a Trader Cabin where you can open/close accounts and trades, contact the order and support desks, deposit or withdraw your funds, and a lot of other functions. I really like this comprehensive service.
Disadvantages:
They do not offer many platforms such as cTrader and Metatrader5. it's not very serious for most, but I really like cTrader for scalping. Also, their support team only speaks Arabic, English and Farsi.
Conclusion:
Spreads are good, a regulated broker, Trader Cabin is wonderful, and the customer service is outstanding."
I've tried more than 4 brokers so far. PCM is not the best, and not the worst, in terms of spreads, but they are definitely competitive on the major pairs, but not the best on the cross pairs or exotics. If you eliminate all the brokers with the high spreads and the market makers, leaving you with the brokers that are good, PCM is better than the average in that group.
Customer support experience:
I tried their technical support, and mostly used the online chat, and also trader cabin area. They seem to be available at all hours, not shutting down like many other brokers. Their staff are very knowledgeable.
Advantages:
STP broker, NDD style, regulated in Dubai,
Daily and weekly market analysis, very fast execution (actually never seen something like that especially during the news announcements).
Additionally, they offer a Trader Cabin where you can open/close accounts and trades, contact the order and support desks, deposit or withdraw your funds, and a lot of other functions. I really like this comprehensive service.
Disadvantages:
They do not offer many platforms such as cTrader and Metatrader5. it's not very serious for most, but I really like cTrader for scalping. Also, their support team only speaks Arabic, English and Farsi.
Conclusion:
Spreads are good, a regulated broker, Trader Cabin is wonderful, and the customer service is outstanding."