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PBN Capital Broker Review

PBN Capital Broker Review
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PBN Capital is an unregulated forex and CFD broker that has recently gained attention due to the warning issued against them by the Financial Services and Markets Authority (FSMA) of Belgium. The FSMA suspects PBN Capital to be a scam, along with four other suspected scam brokers and warns investors to stay away.
PBN Capital is an unregulated forex and CFD broker that has recently gained attention due to the warning issued against them by the Financial Services and Markets Authority (FSMA) of Belgium. The FSMA suspects PBN Capital to be a scam, along with four other suspected scam brokers and warns investors to stay away.
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  1. PBN Capital is an unregulated forex and CFD broker that has recently gained attention due to the warning issued against them by the Financial Services and Markets Authority (FSMA) of Belgium. The FSMA suspects PBN Capital to be a scam, along with four other suspected scam brokers and warns investors to stay away.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk
  3. PBN Capital Special features

    It is common practice for all forex and CFD brokers to offer traders several account types to choose from, depending on their prior trading experience and available deposit amount. PBN Capital states that it offers several accounts, but does not have any section on their website outlining these account types, along with their minimum deposit requirements and specific trading conditions. In fact, there is no mention throughout their entire website of what type of trading conditions PBN Capital offers. As you can imagine, this is an immediate red flag that shows lack of transparency and unprofessionalism.

    It appears that the minimum deposit to begin trading with PBN Capital is $250, which is the most common amount required from most brokers.

    Despite not having any section for the regular account types, PBN Capital does have sections in which they explain the demo account offered and the Islamic accounts for traders of the Islamic faith. 

    Islamic Accounts

    Islamic accounts, otherwise known as swap-free accounts, were developed specially for customers of the Islamic faith. These are entirely swap-free accounts which have the ability of holding all trading positions for an infinite amount of time with no extra fees payed.

    To start trading on an Islamic account with PBN Capital, you first need to create a regular account and then contact customer support with the request.

    Demo Account

    Demo accounts are completely free and allow users to practice their trades entirely risk-free through virtual money. This is the perfect solution for complete beginners, who may not feel comfortable investing any money until they get a first taste of the experience and how it works.

    Even experienced traders like to make use of demo accounts, which give them the ability to quickly test the platform before deciding whether to invest in this broker or not.

    PBN Capital claims to have several demo accounts available for users to practice their skills and test the platform.

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  6. PBN Capital Trading software

    PBN Capital offers the MetaTrader4 (MT4) trading platform, which is the most popular and downloaded online trading platform. MT4 can be accessed as a web-based platform, a stand-alone app or a mobile platform. The choice is up to you.

    MT4 is a platform that is commonly used by more professional traders due to its variety of tools which may at first appear intimidating to a beginner, so it is always advisable that brokers offer a second, simple web-based option for beginners – which PBN Capital does not.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  8. PBN Capital Support information

    You can contact the PBN Capital customer support team via email, phone or live chat. The company offers several email addresses, depending on the type of inquiry. The email addresses available are:

    Unfortunately, PBN Capital does not have a separate FAQ section available on their website that could answer all the basic questions traders may have. This would be very useful here because, as mentioned previously, the PBN Capital website is incredibly vague.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  10. PBN Capital Payment Methods

    PBN Capital is owned and operated by an offshore company by the name of Capital Tech Ltd, which is located at Ajeltake Road, Ajeltake Island, Majuro republic, Marshall Islands. You will notice the broker does not even bother providing a full address.

    As for payment methods, PBN Capital has only the two most common options available: credit card (Visa, MasterCard) and bank wire transfer. They do not offer any alternative payment methods like Skrill or Neteller.

    Is PBN Capital a Scam?

    As you have probably realized by now, our review has concluded that PBN Capital does not appear to be a trustworthy broker. The FSMA has warned investors specifically from trading with this company, they are unlicensed, located offshore and offer an incredibly vague website.

    Instead of wasting your time with another scam company, check out our list of the top, fully-tested forex and CFD brokers that you can trust.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  12. Your capital is at risk
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