PBN Trade Review (2023)

Is PBN Trade a scam or a legit broker?

PBN Trade is 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade PBN Trade. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable. The reason is simple, the broker may promise the most ever competitive trading conditions or the trading environment, yet the trader has no any guarantee from the official entities that oversee the Forex industry. Thus the engagement to trading with such a companies means the trader will believe only on the broker’s words, and of course, it is a high risk.

PBN Trade is a trading name used by Capital Tech Ltd. Company located in an offshore zone the Marshall Islands. The broker operates two domain addresses www.pbntrade.com; www.pbninvest.com while targets internationally worldwide clients and promises the opportunity to trade in the safest way through segregated accounts and high execution performance.

However, our main concern that the broker is an Offshore, the one we do not recommend trading with, as simply that kind of license does not provide the necessary tools to guarantee a safe trading environment.

The pages and official sources of the international regulators’ list alert shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally. Those tools and general purpose of the regulatory bodies operate in order to enable stability of the market offerings, protect clients from potential and numerous frauds, enable reliability rules to financial service entities and more. As PBN Trade got no license to operate within the EU and other regulated jurisdictions, the broker was blacklisted and alerted by numerous EU authorities.

 “The Austrian Financial Market Authority (FMA), may disclose to the general public by publication on the Internet, in the official gazette “Amtsblatt zur Wiener Zeitung”, or in any other newspaper with nationwide circulation, that a particular natural PBN Trade is not entitled to carry out certain banking transactions that require a license.”

FMA, Austria. October 2018.

Conclusion

Therefore, we strongly advise against responding to any offer of financial services made by PBN Trade and against transferring money to any account number it might mention. The safety of funds are always first in trading, for that reason we recommend choosing among the regulated brokers and those companies who are entitled to maintain their business legally.

PBN Trade website is no longer active