PBN Markets (Pbnmarkets.com) is a CFDs and Forex Crummy scam that must be exposed. Complains have been sent to us by users who have lost money with PBNMarkets. Gerald Levart is one user who lost over $10,000 with this platform. This is one reason why we decided to conduct a thorough investigation regarding this broker. Read the entire honest and detailed review to find out the whole truth regarding PBNMARKETS.
Most Forex scams thrive as a result of a well thought out plan. These scammers know that they must come up with an eye-catching website to attract investors. PBN Markets is no different as they have come up with a homepage that is easy to the eye. Don’t let this fool you as there’s more than meets the eye. Here, we will reveal all the dirty tricks PBNMarkets has used to scam unsuspecting Forex investors.
Promises are a key ingredient to scammers ensuring they trap as many investors as possible. These scammers promise investors that they will help you earn on your favorite asset. What these fraudsters do is simple, sell a way that helps people make money. This means that they know that everyone wants to make a quick buck or two. They come up with a way of claiming to make your dreams come true.
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According to the disclaimer at the footer of the homepage, this site is owned by Capital Tech LTD. They even have put up a registration number 92819 on the homepage, this is simply a hoax. An explanation as to why the number is random will be revealed shortly. Note that this brokerage firm is located in Marshall Islands? This means that we are dealing with an offshore broker.
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Offshore brokers are notoriously known for flaunting industry rules and regulations. What they do is not follow simple rules which make them risky trading partners. Problem with PBN Markets is that no one knows who really owns it. This means that we are dealing with a person or persons who want to remain anonymous. Any broker who wants to remain anonymous is a risky partner.
None of the regulation bodies has come forward and claimed to register this broker. This is real proof that we are dealing with an unlicensed and unregulated broker. PBN Markets is not authorized to carry out any third-party Forex transactions. What this means is that PBNMarkets is trading under false pretense.
There’s nowhere on their website have these brokers produced any registration documentation. A genuine broker usually posts registration papers on their about us page. This means that we are dealing with a nonexistent broker. And this is where we know that investors must avoid PBN Markets at all costs. There are just too many sketchy details when it comes to PBN Markets for us just to ignore.
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Another red flag that we noticed with PBN Markets is that they have a rigged demo account. What they do is ensure that users make over 90% successful trade wins. They do this in the hope that users will want to try out the real deal. And this is when unsuspecting investors sign up with their platform and deposit their hard-earned cash.
Once you deposit your money with PBN Markets, that’s the last you will see of it. Their real account suddenly starts making over 90% losses in trades. This is happening because we believe PBNMarkets is in league with other rogue brokers. They are making users lose money so that they can share the spoils.
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Claims of using the best platform with PBN Markets are simply, unfounded. With PBNMarket’s platform, this is not the case. What we did was check whether the platform would work on all of our devices. None of our devices seemed to be compatible with their platform. This is a serious problem.
A platform that is not compatible with Desktop, Mobile, and Tablet is simply an unstable platform. Hackers can easily gain access to unstable platforms and steal personal identity as well as credit cards. This won’t be the first time that this has happened.
Folks, funds are not safe with this broker for a number of reasons, top among them being anonymity. Since the beginning of this review, we have stated that no one knows who is behind PBNMARKETS. What this means is that members could be depositing money straight to the owner’s personal bank account. Worse still, members could be funding the next terrorist attack. There’s simply no way of knowing.
Another reason why funds are not safe with this broker is that there’s no compensatory scheme. What this means is that if you lose money, PBN Markets will not compensate you. That’s why Gerald is having such a rough time. Don’t become another victim and ensure you stay away from this brokerage firm.
PBN Markets has three different accounts for users to choose from. These accounts are Basic, Gold, and Platinum. How do they expect users to know the required minimum deposit? This is simply unacceptable. What’s the difference between these accounts? There is simply no way of knowing what this broker intends with users.
One can easily notice that at the top of their homepage, they claim to have an Online chat. Problem with this is that this is an email chat service. What this means is that users will never get a quick response to a problem or question. During our investigation, we sent them an email and haven’t received any response. This is proof that they don’t want to be contacted. Only scammers want to stay anonymous, now you know.
PBNMarkets is a Scam that has swindled thousands of people. Best thing to do is to stay clear of this platform. What you should do is mark all their emails as Spam and never click on any links sent by them. They have an email marketing team that sends out emails and links to just about anyone. Stay out of this scam. Don’t say you were never warned.
Only option we have is to blacklist this Forex scam and hope you ignore it too. Scams such as PBNMARKETS are spoiling the good Forex name. Stay safe at all times and deal with legitimate brokers.
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Wish you all the best in your future trading experience.
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