Score
Georgia
|
2-5 years
| https://pipwise.com
Website
Rating Index
MT4/5
Full License
Pipwise-Live
Influence
D
Influence index NO.1
India 2.51
MT4/5 Identification
Full License
United KingdomInfluence
D
Influence index NO.1
India 2.51
LicensesLicensed Entity：PIPWISE LTD
License No. BFX2024116
Single Core
1G
40G
1M*ADSL
Georgia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
pipwise.com United States
VIP is not activated.
| PIPWISE Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Georgia |
| Regulation | No regulation |
| Market Instruments | Forex, metals, energies, stocks, indices, cryptocurrencies, commodities, bonds |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | From 10 points (Standard account) |
| Trading Platform | MT5 |
| Minimum Deposit | $50 |
| Customer Support | Live chat, contact form |
| Phone: +447350511176; +447700105208 | |
| Email: support@pipwise.com | |
PIPWISE is an unregulated broker founded in 2022 and registered in Georgia, offering 8 types of trading instruments including forex, metals, energies, stocks, indices, cryptocurrencies, commodities, and bonds. The platform supports the MT5 trading platform, offers leverage up to 1:1000, has a minimum deposit of $50, and provides various payment methods.
| Pros | Cons |
| Various trading instruments | No regulation |
| Multiple account types | |
| MT5 provided | |
| Various payment methods | |
| Live chat support |
PIPWISE is unregulated currently. Please be aware of the risk!
Its official domain, pipwise.com, was registered on August 2, 2022, and will expire on August 2, 2025.
PIPWISE offers eight types of trading instruments: forex, metals, energies, stocks, indices, cryptocurrencies, commodities and bonds.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ✔ |
| Bonds | ✔ |
| Options | ❌ |
| ETFs | ❌ |
PIPWISE offers three types of trading accounts: Standard, ECN, and ECN PRO. PIPWISE offers leverage of up to 1:1000. The Standard account has no trading commission, the ECN account charges $5 per lot, and the ECN PRO account charges $3 per lot.
| Account Type | Standard | ECN | ECN PRO |
| Minimum Deposit | $50 | $500 | $1,000 |
| Leverage | Up to 1:1000 | ||
| Spread | From 10 points | From 0 points | |
| Commission | 0 | $5 per lot | $3 per lot |
PIPWISE supports MT5 but does not support MT4.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, macOS, iOS, Android | Experienced traders |
| MT4 | ❌ | / | Beginners |
The minimum deposit at PIPWISE is $50. Besides, PIPWISE offers three payment methods with commission-free transactions.
In addition, PIPWISE also supports Tcpay and major credit cards (Visa/Mastercard). For other payment options, users can contact customer service at support@pipwise.com.
I can use a variety of payment methods to deposit and withdraw funds with PIPWISE, including cryptocurrency (Bitcoin, Ethereum, Tether), Perfect Money, STICPAY (via Visa/Mastercard), TCPay, and major credit cards (Visa/Mastercard). This flexibility is one of the things I appreciate, as it allows me to choose the most convenient method for me.
One major downside for me is that PIPWISE is offshore regulated, meaning it may not provide the same level of investor protection as brokers regulated in more established jurisdictions. Additionally, the spread on the Standard account starts from 10 points, which I find a bit high. If you're into low-cost trading, you might prefer ECN accounts, but they do charge a commission.
Yes, PIPWISE is a legitimate broker with offshore regulation from MISA. However, I always approach offshore-regulated brokers with caution because they may not have the same safeguards that come with strict regulatory bodies. Despite being regulated, always weigh the pros and cons of trading with such brokers to ensure it's the right fit for you.
I can trade a wide variety of instruments on PIPWISE, including forex, metals, energies, stocks, indices, cryptocurrencies, commodities, and bonds. However, options and ETFs are not available, so if you're looking for those, you'll need to look elsewhere.
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Kafaa Bika
Indonesia
My advice is to avoid this broker, it has the potential to be a scam because my withdrawal of only 50$ was rejected for unreasonable reasons, when I asked where the proof was the CS couldn't answer
Exposure
FX1582881274
Oman
I recommend traders give Pipwise a try. The variety of tradable instruments is truly impressive. I couldn't find XAUXAG on many other brokers, and I'm so glad I finally can trade it.
Positive
FX2872993469
Oman
This broker won an award at the Dubai Forex Expo, and I was actually there. I have traded a lot on their MT5 platform, and it was really good. They helped me manage my risks in trading and taught me how to trade. There are also other good brokers, but this broker is really good.
Positive
ChallengerNo1
Iran
I've tried withdrawing funds a couple of times now, and each time the process has been seamless. The withdrawals are processed fast and there's no hidden fees or delays. It's nice to see a broker that actually delivers on its promises. I feel confident trading here knowing I can withdraw my funds whenever needed.
Positive
megamo
Turkey
One of the best trading experiences I’ve had has been with Pipwise! Their professional and responsive support team is truly remarkable and always ready to assist. The advanced features, high security, and fast execution make Pipwise an ideal choice for traders. The user-friendly interface and diverse tools have made managing and analyzing my trades much easier and more efficient. Recently, they also organized an exciting tournament. Although I didn’t win, the fairness and transparency of the competition were absolutely evident, showcasing the team’s commitment to equity and high-quality service. Thank you to the amazing Pipwise team for providing such excellent and professional experiences!
Positive
Siavash223
Finland
My withdrawal requests have always been processed less than one hour. This is very vital for me, because I've had several withdrawal issues before with other brokers.
Positive
Goldish viewer
Belarus
This needs to be improved: Currently trading account's daily and monthly statement cannot be accessed on the app on mobile phone. Ought to make it accessible.
Neutral
Qutancl
Belarus
As a boomer, I did remarkably well so far, taking advantage of the chat AI to be told how to do things. I would like a shortcut to list all pending limit orders in one step, but that's a detail.
Neutral