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Pandora

Operating status: SCAM

Website: https://www.pdforex.co/

Broker violations and abnormal records
  • Aug 31, 2022 BrokersView has Reviewed that Pandora is an Unregulated Forex Broker

    Pandora claims to be a reliable broker while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag here.

    Downloading its official MT5 trading platform, we found this broker locates in Hong Kong. As forex traders, you should know that all regulated forex brokers in Hong Kong are monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results to Pandora in HK SFC. The truth is that Pandora is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam. 


    Pandora claims to be a reliable broker while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as regulated brokers always present their accreditation and licenses in a prominent position. It is a red flag here.Downloading its official MT5 trading platform, we found this broker locates in Hong Kong. As forex traders, you should know that all regulated forex brokers in Hong Kong are monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results to Pandora in HK SFC. The truth is that Pandora is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Nov 15, 2022 BrokersView has found that Pandora is not working

    BrokersView found the domain "https://www.pdforex.co/ " is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://www.pdforex.co/ " is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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