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PSS Forex logo

PSS Forex Review

Forex BrokerUnknown

PSS Forex is an offshore trading site with no license from any real regulator, and independent reviewers such as WikiFX and Valforex flag it as high risk.

Min Deposit

$2019

Spreads From

Not confirmed, one 2019 review cites about 2 pips

Max Leverage

Not confirmed, claims range from 1:400 to 1:500

Platforms

Own web based platform, Older reviews mention MetaTrader 4, but this is unconfirmed today

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Trades a wide mix of forex, metals, oil, stock indices and crypto CFDs.
  • Advertises no commission, swap fees or profit tax on any trade.
  • Deposits and withdrawals are promoted as free of extra charges.
  • The main website has stayed online and reachable since at least 2019.

Cons

  • No real financial regulator has ever licensed this broker.
  • Independent site Valforex lists Pssforex.com as a blacklisted scam broker.
  • WikiFX scores it very low and flags high potential risk.
  • Promises a $50,000 guarantee from a related firm with no contact details.
  • Sources disagree on its home country: Marshall Islands, Sweden, Norway or Hong Kong.
  • No public proof shows client funds sit in a segregated bank account.
About PSS Forex

PSS Forex is an online broker that also trades under the names PSS FX and PSSFOREX. It offers forex pairs, gold, oil, stock indices and crypto CFDs on its own web platform. The firm claims to be offshore, but its home address changes across its own pages and tracker sites, from the Marshall Islands to Sweden, Norway and Hong Kong.

No real financial regulator licenses PSS Forex. Trackers including WikiFX and ForexBrokerz checked and found no valid license anywhere, not even in Sweden, where the group claims some roots. It also promises a $50,000 guarantee from a related firm, PSS Trust and Credit Corp, but that firm has no working contact details either.

Independent reviewers are not kind to PSS Forex. Valforex lists Pssforex.com as a scam broker and cites reader complaints about lost deposits. WikiFX gives it a very low score. Deposit and leverage numbers also differ between reviews written years apart, so treat any figure here as unconfirmed.

Key Facts

Min. Deposit

USD 2019

Max Leverage

Not confirmed, claims range from 1:400 to 1:500

Spreads From

Not confirmed, one 2019 review cites about 2 pips

Platforms

Own web based platformOlder reviews mention MetaTrader 4, but this is unconfirmed today
Frequently Asked Questions

Score Breakdown1.7/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

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