PINO MARKETS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://crm.pinomarkets.com/register/trader, about the company's legal and temporary regulatory information, the company's address .
Pino Markets Limited, established in 2019, is a UK-based forex and CFD broker that offers a range of trading services to clients worldwide. The company's headquarters is located at 1 Magna Carta Lane, Wraysbury, Staines-upon-Thames, England, TW19 5AF. Pino Markets operates as a privately held entity and primarily serves retail traders, providing access to various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Over the years, Pino Markets has aimed to establish itself in the competitive trading landscape by offering attractive trading conditions and a user-friendly platform. Despite its relatively short history, the broker has made significant strides in creating a diverse trading environment for its clients. However, it is essential to note that Pino Markets has recently ceased operations, with its Australian regulatory license revoked, which raises concerns about its ongoing viability.
The business model of Pino Markets focuses on providing retail forex trading and related services. It initially offered various account types, including STP and ECN accounts, catering to different trading styles and preferences.
Pino Markets was previously regulated by the Australian Securities and Investments Commission (ASIC) under license number 001292186. However, it is important to highlight that the broker is no longer registered as an authorized representative, and its license has been canceled. This lack of regulatory oversight raises significant concerns regarding the safety of client funds and the overall legitimacy of the broker.
The company has not provided clear information regarding the segregation of client funds, which is a critical aspect of fund protection in the trading industry. Additionally, there is no indication that Pino Markets participates in any investor compensation schemes, which further increases the risk for potential clients.
Pino Markets has also implemented Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, although specific details on these policies are not publicly available. The absence of robust regulatory oversight and transparency in compliance measures suggests that potential clients should exercise caution when considering this broker.
Pino Markets offers a diverse range of trading products, including:
The broker's trading services are primarily targeted at retail clients, providing them with the necessary tools and resources to engage in active trading. However, there is limited information regarding institutional services or white label solutions offered by Pino Markets.
Pino Markets primarily supports the widely-used MetaTrader 4 (MT4) trading platform, which is available on multiple devices, including Windows, iOS, and Android. The MT4 platform is renowned for its user-friendly interface and comprehensive trading tools, making it a popular choice among traders.
There is no indication that Pino Markets offers a proprietary trading platform or a web-based trading solution. This reliance on MT4 may limit the broker's appeal to traders seeking more advanced or customized trading solutions.
The execution model employed by Pino Markets includes STP (Straight Through Processing) and ECN (Electronic Communication Network) options, which facilitate direct market access and potentially lower spreads. However, specific details regarding server locations and technological infrastructure are not disclosed.
Additionally, while there is no explicit mention of API access or automated trading support, traders using MT4 can utilize expert advisors (EAs) for algorithmic trading.
Pino Markets offers various account types, including:
The leverage offered by Pino Markets is up to 1:100, which can amplify both potential gains and losses. The minimum trade size is set at 0.01 lots, allowing traders to manage their risk effectively. However, details regarding overnight fees and margin policies are not clearly outlined.
Pino Markets supports various deposit methods, including bank transfers, credit/debit cards, and e-wallets. The minimum deposit requirement across different account types is $1,000, which may be considered high compared to industry standards.
Processing times for deposits are generally quick, although specific timeframes are not disclosed. Additionally, there is no information available regarding deposit fees, which could impact the overall trading costs for clients.
Withdrawal methods include similar options as deposits, but details on withdrawal limits and processing times remain unclear. Clients have reported delays and complications when attempting to withdraw funds, raising concerns about the broker's reliability in managing client funds.
Pino Markets offers customer support through multiple channels, including telephone, email, and live chat. The support team can be reached at +44 738 986 2560 or via email at support@pino-markets.com. However, the availability of support services and response times are not clearly outlined.
The broker provides services primarily in English, which may limit accessibility for non-English speaking clients. Educational resources such as webinars, tutorials, and e-books are not prominently featured, indicating a potential gap in support for traders looking to enhance their knowledge and skills.
Market analysis services, including daily updates and research reports, are also not explicitly mentioned, which may hinder traders' ability to make informed decisions.
Pino Markets primarily serves clients in the United Kingdom and other regions, although specific details on its operational reach are not provided. The broker's website does not list any regional offices, which may impact its ability to cater to clients effectively.
Certain countries may be restricted from accessing Pino Markets' services, although the specific jurisdictions are not publicly disclosed. Potential clients should verify their eligibility based on local regulations before engaging with the broker.
In conclusion, while Pino Markets offers a range of trading products and services, its recent operational challenges and lack of regulatory oversight raise significant concerns for potential clients. As such, individuals considering trading with this broker should conduct thorough due diligence and consider alternative options in the forex market.
Etternal
United States
Sophia. A woman claiming to be from Asia asked me to add her WhatsApp in the name of finding love through social media apps like Tinder. shortly after I met her she asked me to invest in Forex. Claiming that it would earn me high profits. After she lured me to open a demo account to make profits, she guided me to open a real account and invest my money. Now I want to withdraw my cash after investing in this PINO platform and making profits. They kept delaying. In the end they just disappeared.
Exposure
2021-08-13