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Regarding the legitimacy of PBFX forex brokers, it provides a comprehensive investigation into the security aspects of regulatory FSPR,VFSC,ASIC, and WikiBit, as well as whether there are any negative scam reviews.

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License

ASIC Suspicious Clone

Is PBFX safe?

The regulatory license is the strongest proof.

FSPR Financial Service Corporate

Financial Service Providers Register

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Financial Service Corporate

Licensed Institution:
PRIME BUSINESS CO., LIMITED
Effective Date:
2017-06-16
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
2023-01-25
Address of Licensed Institution:

6a Roxburgh Street Mount Victoria Wellington 6011
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2

VFSC Retail Forex License

Vanuatu Financial Services Commission

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Retail Forex License

Licensed Institution:
Prime Business Co., Limited
Effective Date:
2019-01-17
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

--
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2

ASIC Investment Advisory License

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Suspicious Clone
License Type:
Investment Advisory License

Licensed Institution:
BTCDANA AUST PTY LTD
Effective Date: Change Record
2004-05-21
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

'TOWER 5 COLLINS SQUARE' L 23 727 COLLINS ST DOCKLANDS VIC 3008 AUSTRALIA
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

Is PBFX a scam, or is it legit?

The latest exposure and evaluation content of PBFX brokers.

Deposit 15,000USD, the unscrupulous platform swallows the principal

The unscrupulous platform swallowed up 5,000 USD of my principal and claimed that it was the bank's fee for checking my order, which was offset by my balance. The principal of another friend of mine's account of US$10,000 was also swallowed up, and he did not receive any email explanation. Total principal of $15,000. It is purely a scam platform. The customer service in Malaysia also blocked my WeChat account. He also changed his WeChat ID and now I can’t search for him. The IP has also been blocked, and there is no customer service online on the official website. No reply to email.

The withdrawal took more than 1 week. The customer service did not reply.

The withdrawal took more than one week. The customer service did not reply after I asked for several times.

Unable to withdraw money after making a profit

On the morning of April 24, 2023, I made a profit of 37,280 US dollars. The withdrawal was rejected by the pbfx platform in the morning, and the data was cleared from the background. The agency company said that I traded frequently. The pbfx email notified me of bank liquidity problems, but did not explain to me.

Expose PBFX

Please beware of PBFX. This broker induced u to deposit funds with fixed spread. Then you will lose money. But if you profit here, they will say that you break the trading rules. This is what they do.

Unable to withdraw money

I opened an account on this platform in March this year and deposited $3,000 for trading. During the period, if the account slippage is serious, apply for withdrawal. When I opened the account, the customer service repeatedly guaranteed that the withdrawal would take one to three working days, but it had been a week since I had withdrawn the funds, and the account still hadn’t arrived. During this period, I consulted the customer service on the official website every time with a few mechanical sentences, without any substantive suggestions. Emails don't get a reply either. WeChat customer service even blocked friends, suspected of running away. Hope to severely punish the rubbish black platform

Unable to withdraw money

I opened a trading account in March this year. And deposit $3,000 to trade. During the period, if the account slippage is found to be serious, the withdrawal will be submitted. The official website states that the withdrawal takes one to three working days. It's been a week since I withdrew my money and it still hasn't arrived. Consult the official website customer service every time with a few perfunctory words mechanically. Emails don't get a reply either. The WeChat customer service even blocked me for no reason.

PBFX's latest industry rating score is 2.25, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. PBFX If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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