About PSB-Forex Brokerage
PSB-Forex operates as a branch of Promsvyazbank and commenced its services in 2016. Within a brief span, the brokerage has garnered significant attention from traders in Russia and internationally. It stands out as the eighth brokerage to obtain the Central Bank of Russia’s license for over-the-counter operations in the Forex market.
The company is dedicated to providing clients with advantageous trading conditions and a top-notch level of service, with a strong emphasis on tailoring solutions to individual traders.
A pivotal aspect of the brokerage’s operations is the user-friendly nature of its official website. The website has been meticulously designed to offer information in a structured and easily accessible format for all users. Visitors can swiftly familiarize themselves with the terms of engagement as all information is conveniently categorized. Moreover, the website grants access to the latest news, analytical reviews, and an economic calendar, equipping users with essential resources.
To kickstart trading with PSB-Forex, clients must undergo a verification process, which serves as a security protocol. Traders are furnished with the MetaTrader 5 trading terminal. The minimum deposit requirement stands at $1500, while newcomers can leverage a demo account to hone their trading skills sans financial risk.
The brokerage’s customer support team is on standby to address any client concerns, albeit operating hours are limited from 9:00 to 18:00 on weekdays. Additionally, clients can reach out to broker representatives via email, telephone, or the website’s online chat feature.
PSB-Forex Brokerage caters primarily to seasoned traders, as it does not offer educational programs, targeting individuals with a profound understanding of trading fundamentals and experience.
This review has been prepared by the specialists at ExpertsReview.
My experience with PSB-Foreks has been nothing short of disappointing. Their customer service is unhelpful and undependable, being unresponsive most of the time which leaves me feeling frustrated. The broker’s platform itself is also far from user-friendly, with a confusing interface that takes far too long to navigate. Furthermore, hidden fees cropped up multiple times causing a significant decrease in the profitability of my trades. I wouldn’t recommend PSB-Foreks to anyone whether a seasoned trader or a beginner due to the amount of stress and bother that comes along with using their services.
I am absolutely dissatisfied with my experience using PSB-Foreks as a broker service. Their platform is difficult to navigate and is not user-friendly. Their customer service is awful, often leaving you on hold for hours and providing vague answers to my concerns. I also experienced several technical issues and the response time to fix these issues was simply unacceptable. Furthermore, they have hidden charges that they fail to discuss upfront. I would definitely not recommend PSB-Foreks.