Review summary
PalmaStreet is a forex broker established within the last 1–2 years and registered in Saint Vincent and the Grenadines. The broker operates without any valid forex trading license from a mainstream regulatory authority, indicating a lack of credible financial oversight. According to WikiFX data, the broker holds a low overall score of 1.25 out of 10, reflecting significant regulatory and risk concerns. Trading conditions include a Pro account with a minimum deposit of $1,000, floating spreads from 1.4 pips, and maximum leverage of 1:500, though specific trading platform details (e.g., MT4/MT5) are not publicly disclosed. Given the absence of regulatory authorization, traders should exercise caution when considering this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-18)
