Company Profile
| PI Review Summary | |
| Founded | 2005 |
| Registered Country/Region | Belize |
| Regulation | No Regulation |
| Market Instruments | Forex, Precious Metals, Commodities, and Stock Index Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| EUR/USD Spread | 2.0 pips |
| Trading Platform | MT4 |
| Minimum Deposit | $50 |
| Customer Support | Email: info@pi88.com |
| Social Media: Sina Weibo | |
| Address：D-01-01 Menara Mitraland, No 13 A, Jalan PJU 5/1 , Kota Damansara, 47810, Petaling Jaya, Selangor ,Malaysia.; B-02-18, Plaza Bukit Jalil (Aurora Place) No. 1, Persiaran Jalil 1, Bandar Bukit Jalil, 57000, Kuala Lumpur, Malaysia. | |
| Regional Restrictions | United States, Singapore, and Hong Kong SAR, China |
PI Information
PI is a financial services company founded in 2005 and registered in Belize, but not regulated by any regulatory body. The company offers a wide range of tradable products such as foreign exchange, precious metals, commodities (such as crude oil) and stock index futures on the MT4 trading platform.
Although PI offers a demo account for investors to practice with, investors need to be cautious when using its services due to the lack of regulation.
In addition, the Company does not provide services to residents of the United States, Singapore, and Hong Kong SAR.
Pros and Cons
| Pros | Cons |
| Various trading markets | No regulation |
| Demo accounts available | Regional restrictions |
| MT4 platform | Unknown payment methods |
| Low minimum deposit |
Is PI Legit?
No, PI is not regulated. Traders need to be cautious when trading.
What Can I Trade on PI?
PI's tradable instruments cover a wide range of financial asset classes, mainly including forex, precious metals, commodities (such as crude oil), and stock index futures.
| Tradrable Instruments | Available |
| forex | ✔ |
| precious metals | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stock index futures | ✔ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
Account Type
PI offers a demo account, which allows traders to test out this platform without risking real money.
It also offers two types of live trading accounts: the Standard Account and the Micro Account.
The Standard Account offers a wider range of trading instruments, covering the Forex, Precious Metals, Stock Index Futures, and Crude Oil markets.
Micro accounts are primarily focused on the forex and precious metals markets and are suitable for small traders or novice investors.
Leverage
PI offers two types of leverage settings for the account: the Micro account has a margin setting of 1:200 leverage, while the Standard account has a margin setting of 1:100 leverage.
| Account Type | Maximum Leverage |
| Micro | 1:200 |
| Standard account | 1:100 |
The larger the trading volume the account is, the smaller the leverage will be applied to avoid exponential growth of possible losses.
Fees
Spread
| Trading Asset | Spread |
| Hong Kong futures | 10 pips |
| Dow | 4 pips |
| Spot gold and silver | 5 pips |
| Crude oil | 6 pips |
| Forex | 2-7 pips |
Swap Fee
Most products do not have an overnight fee, but some products, such as the Dow, Spot Gold, and Silver, charge an overnight fee of 1 or 2 pips per lot.
Trading Platform
PI supports trading using the MT4 platform. MetaTrader 4 (MT4) is a trading platform released by the Russian company MetaQuotes specifically for forex trading.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile, Web | Beginners |
| MT5 | ❌ | / | Experienced traders |
