Abstract:PPLS is a broker of Cambodian securities and US CFDs with a top-notch service team and a global reach, committed to providing investors with a first-class global investment experience. PPLS currently holds a general financial license from the Securities and Exchange Commission of Cambodia.
General Information & Regulation
PPLS is a leading broker engaged in Cambodia stock and global shares CFD ,which has obtained the Derivative Broker licence and Securities Brokerage license from the Securities and Exchange Commission of Cambodia (“SECC”), with regulatory license number not fully disclosed.
Market Instruments
PPLS offers investors a relatively limited range of trading products, ONLY Cambodian stocks and stock CFDs.
Minimum Deposit
PPLS does not, however, annonce its minimum deposit requirement. This is abnormal, for most other brokers will make it clear about the funding amount to trade with this broker.
PPLS Fees
Trading hours for Cambodian stocks are from Monday to Friday, 9:00-16:00 GMT (except for Cambodian public holidays), with a trading fee of 0.67% and a minimum commission of 4,000 Cambodian Dollars (US$1). Equity CFDs will charge a commission when the contract is traded, 0.17% of the contract value for equity products, with a minimum commission level of $5$, below $5$ will be charged at the minimum level. The cost of buying long overnight equity CFDs is calculated at -2.5% p.a., and the cost of selling short overnight is calculated at -0.5% p.a., with Friday overnight calculated at triple (including weekends).
Trading Platform
PPLS offers traders the MT5 trading platform and the MTS trading platform. MT5, an international CFD trading platform with a fast and smooth system, a user-friendly trading interface, real-time market prices, accurate chart analysis, and technology that allows traders to stay up-to-date on price movements, easier analysis of market conditions, and supporting for intelligent trading systems. PPLS MT5 is compatible with Windows, Android, and iOS versions, allowing traders to trade anytime, anywhere.
Deposit & Withdrawal
PPLS offers two ways to deposit funds. The first one is for customers to deposit funds to their PPLS account through their personal mall, with full customer service support for the operation of the funds. The second way is to transfer funds from the investor's account to PPLS through the mall, and customer service will follow up the whole process to ensure that the funds are deposited properly. Withdrawal is made by sending a withdrawal request via email.
PPLS Cons
PPLS Disadvantages Include:
1. Over-limit operation
2. No minimum deposit information
3. Higher brokerage fees
4. Fewer financial instruments
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Company summary
Company Profile
Societe Generale was originally founded in 1864 by a group of manufacturers and financiers to support the growth of trade and industry in French. The bank opened 32 offices throughout France. As early as 1867, Societe Generale had a network of commercial agents in Japan