PBN Capital Review 2025

Is PBN Capital Scam or Legit Broker?

It is not safe to trade with a Forex broker PBN Capital. There is a serious lack of regulation since the company is located in jurisdictions that do not imply the strictest policies for financial service firms. Yet, being operated from Bulgaria the broker should be registered with the local authority, and it is not the case for PBN Capital.

What is PBN Capital?

PBN Capital is a trading name used by the company registered in the Marshall Islands – Capital Tech Ltd and operated by Pbox Ltd located in Sofia, Bulgaria. PBN Capital claims its offering of secured currency exchange systems on Forex and CFDs trading with a wide range of instruments, low fixed spread (Find the Best Forex Broker Low Spreads for you), and no hidden commissions.

• Therefore, it is clear that the company is not overseen by any authority and operates with no license. Of course, it is not a guild, but the registration provides an advanced level of funds safety, while in case of an unlikely event, the client will be covered.

• Moreover, offshore companies are highly vulnerable and, unfortunately, often are fraud entities that’s why it is always recommended to trade and invest only with Regulated brokers from such authorities as FCA (UK) or ASIC (Australia). The authority requires the strictest compliance to the rules and obligations towards clients and the operation provided.

• In addition to that, the company's reputation is also under question since the traders' reviews are far beyond the positive ones. The broker showed its aggressive tactics to attract clients from various jurisdictions including Europe, the Russian region, Asia, and others, while clients reported numerous issues in operation and obvious scams. Also, the industry authority CONSOB, Italy issued a warning to international traders against PBN Capital and advising to avoid trading with the entity.

  “Latest warning against Capital Tech Ltd has ordered the following company to cease the infringement of art. 18”

  CONSOB, June 2018

PBN Capital Review Conclusion

We advise all investors and traders to avoid PBN Capital and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.

PBN Capital Update

Our research showed that the PBN Capital website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.