Working hours Mon-Fri: 09.00 - 19.00
Email info@brokertribunal.com

Forex Broker Rating

102PTY

102PTY

Information about the broker 102PTY

Rating: 1
Jurisdiction: Australia
Regulators: ASIC
Foundation date: 2022
Site: https://102pty.ltd

Brief information 102PTY

The international 102PTY broker presents itself as an Australian trading platform offering access to many assets. The website also promotes automated trading bots, copy trading, market analysis, API connections and risk-management tools.

The project uses two domains:

  • 102pty.ltd — the promotional website;

  • 102-ptyltd.com — the trading platform and account login.

Although the company is registered with ASIC in 2022, the website expressly admits that it has not provided an Australian Financial Services Licence, AFSL or any other regulatory licence. Company registration alone does not authorise a business to provide brokerage and investment services. 

The website names 102 PTY LTD, ACN 659 864 865, and lists Varsity Lakes QLD 4227, Australia, as its registered location. The contact email is support@102-pty.com.

102PTY

102 PTY LTD trading terms

The brokerage platform advertises access to:

  • forex currency pairs;

  • cryptocurrencies;

  • commodities;

  • stock indices;

The company 102PTY provides a proprietary web-based trading terminal available at 102-ptyltd.com. It supports charts, market indicators, copy trading and automated strategies. API access, backtesting and VPS hosting are available on selected account tiers. No separate mobile application for Android or iOS is mentioned on the website.

Trading accounts at 102PTY

The 102 PTY LTD broker offers four account levels:

  • Silver — $10000 and leverage up to 1:50. Clients receive access to Forex, cryptocurrencies and commodities, three automated strategies, more than 50 indicators, API tools, copy trading and an account manager. Withdrawals allegedly take three business days.

  • Gold — deposit of $50000 and leverage up to 1:100. The account includes reduced spreads, priority execution, eight automated strategies, more than 100 indicators, backtesting and weekly market reports. Withdrawals are advertised as taking two business days.

  • Platinum — start from $100000 and leverage up to 1:200. Clients are promised institutional spreads, direct market access where available, VPS hosting, unlimited strategies, custom development and full API access. Withdrawals should supposedly be processed on the same day.

  • Super — an institutional account with an individually negotiated deposit. It includes custom liquidity, dedicated servers, integration with Bloomberg and Reuters, round-the-clock support and allegedly instant withdrawals.

Higher tiers provide additional tools and faster support but do not guarantee better trading results.

102PTY

Registration and personal account on 102pty.ltd

Creating an account requires the user to provide their personal information and room details, and to create a password. KYC verification is important on the platform, with approval allegedly taking 24–48 hours.

Deposits and withdrawals with 102 PTY LTD

Available transaction methods:

  • bank transfer;

  • other methods disclosed after account opening.

Bank transfers reportedly take 1–3 business days. The broker claims that deposits and withdrawals are free. Withdrawals are sent to a verified bank account belonging to the client and allegedly take from 24 hours to three business days. Transaction limits are not published.

Conclusion about 102PTY

The reliability of the company is not confirmed. The website has no AFSL, while ASIC lists 102pty.ltd as an impersonation of an existing company and warns that it is not authorised to offer investments in Australia. The displayed company registration number does not prove that the website belongs to the legitimate entity. Before depositing, users should verify the regulatory data and study independent reviews of 102PTY, especially reports concerning withdrawals.

Professional Traderin 60 days

Learn the formula for breakeven trading

Details
Find "your" broker with the help of the BrokerTribunal project. Read reviews and reviews, focus on the rating and use the tips from the blog. To confirm your findings, order free consultation lawyer.
90% of brokers are scammers. What to do? Refer to an independent broker rating. Order a consultation our expert and start earning with a proven company.
If you trusted the broker, and he deceived you, this is not the end. Start the banking procedure and return all your funds within a day or two months.Get a free analysis your situation from a lawyer.
Get your hands on step by step plan for breakeven trading in any financial market. Learn from professionals, earn money using proven strategies.

Trader Reviews

Be careful! Do not confuse the company 102pty.ltd with the legitimate Australian company whose contact information is listed on the website. MoneySmart, a service owned by ASIC, identifies this platform as a fake version of 102 PTY LTD. This is a serious red flag, and I would not deposit any money with this broker.

  • 7 hours ago

LEAVE FEEDBACK

Register, for the company to know about your feedback

102PTY does not withdraw funds?

Learn how to get a refund

Choosing a broker?

Caution!
In the forex market, 90% of brokers are scammers!

Request a free consultation and find out more

To learn more