Forex PFH Markets Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

PFH Markets Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@pfhmarkets.com

Contact Number +441158883435

Website www.pfhmarkets.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, indices, and cryptocurrencies
Access to advanced trading platforms MetaTrader 4 and MetaTrader 5
Multiple account types available catering to different trader needs
Customer support accessible via email, phone, and live chat
Educational resources to assist traders in developing their skills

Cons

Not regulated by any financial authority
Limited transparency regarding fees and trading conditions
Mixed user feedback on customer service responsiveness
Withdrawal process often reported as problematic
Concerns regarding platform reliability and execution speed

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	PFH Markets	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does PFH Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Classic Account	Beginners	Low minimum deposit, competitive spreads	Suitable for small-capital practice
Pro Account	Experienced Traders	Higher leverage, tighter spreads	Requires a minimum deposit of $5,000
VIP Account	Professional Traders	Best spreads, personalized services	Requires a minimum deposit of $50,000
Demo Account	All Traders	No risk practice environment	Ideal for testing strategies

Account Opening Process

To open an account with PFH Markets, prospective clients must follow a structured process. Initially, traders need to provide personal details, including their full name, email address, and a secure password. Following this, they must verify their email before submitting identity verification documents, such as a government-issued ID and proof of address. Additionally, they may need to submit employment and financial information. Once the account is created, traders have the flexibility to upgrade to a professional account later if they meet the necessary requirements.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 1.6	$0	No commission on forex trades
Forex (Minor Pairs)	Varies	$0	Competitive spreads depending on pair
CFDs (Stocks, Indices, Commodities)	Varies	0.5% for stocks	Commissions apply on stocks
Cryptocurrencies	Varies	0.5%	Commission applies on crypto trades

Other Fees

PFH Markets may impose various fees associated with trading activities. These may include deposit and withdrawal fees, which vary by payment method, as well as inactivity fees for dormant accounts. Additionally, traders should be aware of potential overnight interest (swap rates) that could apply to their positions, currency conversion fees for deposits and withdrawals in different currencies, and any specific platform usage fees that might be incurred during trading.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

PFH Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Doe

London, UK

★ ★ ★ ★ ★

I had a terrible experience with PFH Markets. The withdrawal process took forever, and I faced multiple issues trying to get my funds out. Customer support was unresponsive, and I felt completely frustrated. I wouldn’t recommend this broker to anyone.

Sarah Smith

Manchester, UK

★ ★ ★ ★ ★

I was attracted to PFH Markets because of their diverse trading instruments, but my experience has been disappointing. The platform often lagged, and I encountered issues with customer service. It’s been hard to get clear answers about my account, and I worry about the lack of regulation.

Emily Johnson

Birmingham, UK

★ ★ ★ ★ ★

I’ve been trading with PFH Markets for a few months now and overall, I’ve had a decent experience. The MetaTrader 5 platform is user-friendly, and I appreciate the range of assets available. However, it would be great if their customer support was more responsive. I’m still weighing whether to continue based on my experience.

Michael Brown

Liverpool, UK

★ ★ ★ ★ ★

I really enjoy trading with PFH Markets! The platform is stable, and I find the trading fees competitive. Their educational resources have helped me improve my skills significantly. Whenever I’ve reached out to customer support, they’ve been helpful and quick to respond. Highly recommend for anyone looking to trade forex!

United Kingdom Market