Joseph Palmer and Sons Review 2020

Joseph Palmer and Sons Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.

Joseph Palmer and Sons Guide

Joseph Palmer and Sons are an online broker founded in 2008 offering Forex trading trading, and trading.

Joseph Palmer and Sons are a global broker and have a head office in Australia.

Joseph Palmer and Sons have a listed stock symbol. This means that Joseph Palmer and Sons have publically listed and you can officially buy shares in Joseph Palmer and Sons on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Joseph Palmer and Sons we break down the pros and cons. What Joseph Palmer and Sons are able to offer, what countries Joseph Palmer and Sons are available in. Who Joseph Palmer and Sons are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Joseph Palmer and Sons

Open Joseph Palmer and Sons's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Joseph Palmer and Sons

With this review we hope to help you see if Joseph Palmer and Sons is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Joseph Palmer and Sons that will help you get off to a good start in the world of online trading.

Joseph Palmer and Sons Review Table of Contents

Joseph Palmer and Sons what you should know

Joseph Palmer and Sons offer two ways to trade: Forex trading, .

With Joseph Palmer and Sons you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Joseph Palmer and Sons platform.

Joseph Palmer and Sons are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Joseph Palmer and Sons safe?

When choosing a broker like Joseph Palmer and Sons the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years Joseph Palmer and Sons have a head office in Australia.

Joseph Palmer and Sons is regulated. This means Joseph Palmer and Sons are supervised by and is checked for conduct by the Unregulated regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Joseph Palmer and Sons, this will be honored. If Joseph Palmer and Sons violate any regulatory rules their regulated status could be stripped.

Any payments funded to Joseph Palmer and Sons accounts by traders are held in a segregated bank account.

For added security Joseph Palmer and Sons use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Joseph Palmer and Sons. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Joseph Palmer and Sons

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker josephpalmer&sons eToro XTB Trading212
Year Established 2008 2006 2002 2006
Head Office Australia Cyprus, UK Poland UK
Regulation Unregulated Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 250,000+ 14,000,000+
Negative balance protection No Yes Yes
Guaranteed Stop Loss No No Yes
Learn More Visit Joseph Palmer and Sons Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Joseph Palmer and Sons Pros and Cons

What we like about Joseph Palmer and Sons

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Unregulated
  • Min. deposit from $100

What we don't like about Joseph Palmer and Sons

Joseph Palmer and Sons Financial Regulation and Supervision in more detail

Joseph Palmer and Sons are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Joseph Palmer and Sons that are not regulated yet appear to be legitimate.

Joseph Palmer and Sons maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Joseph Palmer and Sons you are not guarenteed help in a difficult situation.

  • Unregulated

Joseph Palmer and Sons General Fees

  • Joseph Palmer and Sons withdrawal fees varies on payment method
  • Joseph Palmer and Sons does charge inactivity fees
  • Joseph Palmer and Sons does charge deposit fees
Broker josephpalmer&sons eToro XTB Trading212
Min Deposit 100 200 0 1
Withdrawl Fees varies Yes varies No
Inactivity Fees Yes No No
Deposit Fees No No No
CFD Commission Fees No Yes No

Joseph Palmer and Sons Commissions

  • Joseph Palmer and Sons does charge commission on CFD instruments.

What can you trade with Joseph Palmer and Sons?

You can trade a wide variety of instruments with Joseph Palmer and Sons over 153 instruments infact.

If you are looking at trading currency pairs Joseph Palmer and Sons offer over currency pairs.

Compare Joseph Palmer and Sons with eToro and XTB below.

Your capital is at risk

Broker josephpalmer&sons eToro XTB Trading212
Instruments Available 153 100 1,500 3000
Platforms Desktop, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Joseph Palmer and Sons Visit eToro Visit XTB Visit Trading 212
Forex pairs offered 50 50 177
Major forex pairs No Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Joseph Palmer and Sons Visit eToro Visit XTB Visit Trading 212
Commodities Offered 0 0 21 14
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs Visit Joseph Palmer and Sons Visit eToro Visit XTB Visit Trading 212
Stocks Offered 957 1696 1731
UK Shares No Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on Joseph Palmer and Sons web platforms and other applications

Joseph Palmer and Sons offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

Joseph Palmer and Sons also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See josephpalmer&sons's platforms

Joseph Palmer and Sons Trading benefits :

  • Low min deposit

Joseph Palmer and Sons Trading Accounts Offered :

  • Standard account
  • Islamic account

Can I try Joseph Palmer and Sons before I buy?

Joseph Palmer and Sons offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Joseph Palmer and Sons withdrawl and funding methods.

Joseph Palmer and Sons offer the below funding payment methods. learn more about Joseph Palmer and Sons

  • Credit cards
Broker josephpalmer&sons eToro XTB Trading212
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes No
Neteller No Yes Yes No

How can I start trading with Joseph Palmer and Sons?

When opening a trading account with Joseph Palmer and Sons, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Joseph Palmer and Sons trading platforms here.

Performing trades with Joseph Palmer and Sons

Joseph Palmer and Sons allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Joseph Palmer and Sons allow you to execute a maxium trade of varies.

As a market maker, Joseph Palmer and Sons may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Joseph Palmer and Sons

To trade effectively with Joseph Palmer and Sons, it's important to get a have a good understanding of the Joseph Palmer and Sons trading tools and the markets.

Joseph Palmer and Sons offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Joseph Palmer and Sons.

Take time to look around the Joseph Palmer and Sons platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Joseph Palmer and Sons

Joseph Palmer and Sons support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Joseph Palmer and Sons have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Joseph Palmer and Sons less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Joseph Palmer and Sons

We tested the Joseph Palmer and Sons live chat and it works well. We sent messages to Joseph Palmer and Sons livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Joseph Palmer and Sons support in multiple languages in multiple countries. Joseph Palmer and Sons where able to resolve our customer issues.

Email Support at Joseph Palmer and Sons

We sent several emails to Joseph Palmer and Sons and answer times overall were excellent. The fastest response from Joseph Palmer and Sons was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Joseph Palmer and Sons, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Joseph Palmer and Sons.

Phone Support at Joseph Palmer and Sons

We called Joseph Palmer and Sons and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Joseph Palmer and Sons phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Joseph Palmer and Sons team by calling in varying languages. Joseph Palmer and Sons made an effort to make sure our queries were answered.

Overall the phone support from Joseph Palmer and Sons was okay.

See how Joseph Palmer and Sons Support Compares Against Other Brokers

Broker josephpalmer&sons eToro XTB Trading212
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit Joseph Palmer and Sons Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Joseph Palmer and Sons

As Joseph Palmer and Sons is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Joseph Palmer and Sons's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Joseph Palmer and Sons you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.jpalmer.com.au on 12th August 2018.

Is Joseph Palmer and Sons A Good Broker?

We spent over 3 months examining Joseph Palmer and Sons in depth. Although we found some very useful aspects of the Joseph Palmer and Sons platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Joseph Palmer and Sons broker.

  • Joseph Palmer and Sons have a good track record of offering Forex trading, .
  • Joseph Palmer and Sons has a history of over 12 years.
  • Joseph Palmer and Sons has a reasonable sized customer support of at least 10.
  • Joseph Palmer and Sons are regulated by Unregulated. This means Joseph Palmer and Sons fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Joseph Palmer and Sons have regulation from a Tier 1 reputable country.
  • Joseph Palmer and Sons has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Joseph Palmer and Sons have an international presence in multiple countries. This includes local Joseph Palmer and Sons seminars and training.
  • Joseph Palmer and Sons are able to hire people from various locations in the world who can better communicate in your local language.

Joseph Palmer and Sons Risk Disclaimer

Your capital is at risk

Joseph Palmer and Sons not quite right?

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JOSEPH PALMER AND SONS Frequently Asked Questions

Can I try Joseph Palmer and Sons before I buy?

Joseph Palmer and Sons do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Joseph Palmer and Sons accept?

Joseph Palmer and Sons offer the following funding payment methods accept Credit cards, among other payment methods.
Learn more here

Your capital is at risk

Is Joseph Palmer and Sons safe?

While Joseph Palmer and Sons may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Joseph Palmer and Sons accounts by traders are held in a segregated bank account. For added security Joseph Palmer and Sons use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Joseph Palmer and Sons trading good?

While Joseph Palmer and Sons may not necessarily be considered bad, they are not regulated. We would recommend trading with only regulated brokers.Joseph Palmer and Sons is used by over Joseph Palmer and Sons active traders. Joseph Palmer and Sons offers Forex trading trading, and trading. Minimum deposit with Joseph Palmer and Sons is mindeposit.

Is Joseph Palmer and Sons trading Legit?

Joseph Palmer and Sons was founded in Australia in 2008. Joseph Palmer and Sons has been facilitating trade on the financial markets for over 12 years. Joseph Palmer and Sons offers clients Forex trading trading, and trading. All funds deposited to Joseph Palmer and Sons are held in segregated tier 1 bank accounts for security. Joseph Palmer and Sons is not regulated. Although this doesnt mean Joseph Palmer and Sons are awful, we recommend trading with regulated brokers.

Is Joseph Palmer and Sons a good broker?

Joseph Palmer and Sons is not regulated by a top tier financial regulator. While many traders may still find trading with Joseph Palmer and Sons useful, we recommend only trading with a broker that has regulation.Joseph Palmer and Sons allows Forex trading trading, and trading.

Is Joseph Palmer and Sons trustworthy broker?

While having many plus points because Joseph Palmer and Sons is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.

What is the minimum deposit for Joseph Palmer and Sons?

The minimum deposit to trade with Joseph Palmer and Sons is 100.

How long do Joseph Palmer and Sons withdrawals take?

Withdrawing money from Joseph Palmer and Sons processing time varies but averages 2-5 days.

Is Joseph Palmer and Sons regulated?

Joseph Palmer and Sons is not regulated by a top tier financial regulator.

Is Joseph Palmer and Sons a market maker?

Joseph Palmer and Sons is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Joseph Palmer and Sons?

When opening a trading account with Joseph Palmer and Sons, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Joseph Palmer and Sons trading platforms here.

Is my money safe with Joseph Palmer and Sons?

Joseph Palmer and Sons is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Joseph Palmer and Sons is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Joseph Palmer and Sons, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Joseph Palmer and Sons a con?

While we would noy say that Joseph Palmer and Sons is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.

Can you make money with Joseph Palmer and Sons?

Although traders have had great success with Joseph Palmer and Sons. Trading on the financial markets with Joseph Palmer and Sons is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Joseph Palmer and Sons have fees?

Joseph Palmer and Sons withdrawal fees varies on payment method. Joseph Palmer and Sons does charge inactivity fees. Joseph Palmer and Sons does charge deposit fees.

When was Joseph Palmer and Sons founded?

Joseph Palmer and Sons was founded in 2008.

How many people use Joseph Palmer and Sons?

Joseph Palmer and Sons is used by over 10000 registered traders.

What is Joseph Palmer and Sons Headquarters country?

Joseph Palmer and Sons has its head quarters office in Australia.

Does Joseph Palmer and Sons offer negative balance protection?

Joseph Palmer and Sons does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Joseph Palmer and Sons offer guaranteed stop loss?

Joseph Palmer and Sons does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Joseph Palmer and Sons allow scalping?

Joseph Palmer and Sons does not offer scalping.

Does Joseph Palmer and Sons allow hedging?

Joseph Palmer and Sons does not offer hedging.

Does Joseph Palmer and Sons offer CFD trading?

Joseph Palmer and Sons does not offer CFD trading.

Does Joseph Palmer and Sons offer STP?

Joseph Palmer and Sons does not offer STP trading.

How many people use Joseph Palmer and Sons?

Joseph Palmer and Sons is used by over 10000 traders.

Is Joseph Palmer and Sons an ECN broker?

Joseph Palmer and Sons does not offer ECN trading.

Does Joseph Palmer and Sons offer a demo account?

Joseph Palmer and Sons does not offer demo account.

Does Joseph Palmer and Sons offer an Islamic account?

Joseph Palmer and Sons offers a Islamic accounts.

What are the funding methods for Joseph Palmer and Sons?

Joseph Palmer and Sons accept the following funding methods : Credit cards,

Joseph Palmer and Sons review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Joseph Palmer and Sons brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Joseph Palmer and Sons review written by Mark Hansen of Comparebrokers.co