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poopac
United Kingdom|2-5 years| http://www.poopac.com
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No valid regulatory information, please be aware of the risk!
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POOPAC WEALTH LTD
poopac
United Kingdom
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
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poopac · Company Summary
Note:poopac's official website: https://www.poopac.com is currently inaccessible normally.
| poopac Review Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | No Regulation |
| Market Instruments | Currencies, commodities, indices, metals, shares, cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | From 1.3 pips (Standard account) |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Email: support@poopac.com, services@poopac.com |
| Address: UNIT G1, CAPITAL HOUSE 61 AMHURST ROAD,LONDON,UNITED KINGDOM E8 1LL | |
| Region Restriction | US clients are not accepted |
poopac, a part of poopac WEALTH LTD, operates as an unregulated UK-based broker. It claims to provide more than 200 financial instruments such as currencies, commodities, indices, metals, shares, and cryptocurrencies via the leading MT4 platform.
Pros and Cons
| Pros | Cons |
| Various trading instruments | Non-functional website |
| MT4 supported | No regulation |
| Commission-free on the Standard account | Lack of transparency |
| No demo accounts | |
| US clients are not accepted |
Is poopac Legit?
At present, poopac lacks valid regulation. Its domain was registered on June 24, 2023, and the current status is “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, client Update Prohibited”. Please pay high attention to the safety of your funds if you choose this broker.
What Can I Trade on poopac?
poopac claims to offer currencies, commodities, indices, metals, shares, and cryptocurrencies. However, they may not be tradable due to its inaccessible website.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
poopac provides traders with two real trading account options: Standard and Prime. However, the account features are not disclosed.
Leverage
For forex pairs, gold, and silver, traders can access leverage of up to 1:500, while commodities and indices trading allow leverage of up to 1:200. Shares trading offers lower leverage of 1:20, and for cryptocurrencies, the maximum leverage is 1:2, quite low.
Note that high leverage can not only amplify profits, but also increases the risk of losses.
Spread and Commission
The Standard account offers wider spreads but does not require additional fees. The EUR/USD pair have spreads starting from 1.3 pips in the Standard account. In contrast, the Prime account offers spreads starting from 0 pips, but its commission is not disclosed.
| Account Type | Standard | Prime |
| EUR/USD Spread | From 1.3 pips | From 0 pips |
| Commission | ❌ | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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