Capital Tech Ltd has been suspected as a scam broker. It operates under the brand name PBN Invest is a brokerage firm that provides online currencies and CFDs trading services. The company is registered in the Marshall Islands, an offshore zone, and does not hold any authorization or license to perform financial services. Even though it is mentioned about many jurisdictions that are restricted to open a trading account with PBN Invest.
🗺️ Registered in | Marshall Islands |
🗺️ Type of License | Offshore License |
🛡️ Is PBN Invest safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
PBN Invest is a forex and CFD broker owned by Capital Tech Ltd, a company registered in the Marshall Islands. Also, PBN Trade is operated by Bulgaria-based Pbox Ltd. The company doesn’t have a proper registration that would let it provide its financial services legally on the market. The confusing thing is the Austrian contact phone number that doesn’t actually coincide with either offshore or Bulgarian locations. Moreover, Capital Tech Ltd. was mentioned in the warnings of some regulators (FCA in the UK, FSMA in Belgium) and this time PBN Invest/Capital Tech Ltd. has been blacklisted by Italian regulator CONSOB.
As regulation is the most important factor for the safety of any investment, we strongly advice potential traders to invest only with properly licensed brokers. The Financial Conduct Authority in the UK and Australian Securities and Investments Commission are well respected financial watchdogs that do provide sufficient security on the market.
We strongly advise opening a trading account only with the brokers that are regulated by the respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and FBS.
Yet, it is always great to hear your personal opinion about PBN Invest. So you may share your experience or thoughts or discuss them below or ask us for additional information.