PBN Invest Review
Reason to avoid: Offshore license
Listed Date: October 1, 2018
Top 3 Regulated Forex Brokers
Beware! PBN Invest is an offshore broker. It is NOT SAFE to trade.
- Company name: Capital Tech Ltd
- Registration/license: Marshall Islands
- Registration/license requirement: USD 2,000
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. Check the list of the FCA-regulated brokers here.