Pibexa Review : Fees, Pros and Cons, Reviews by Real Traders

Pibexa

Operating status: SCAM

Website: https://www.pibexa.com/

Broker violations and abnormal records

Oct 20, 2020 The UK FCA Added Pibexa into Its Warnings
On 21 Oct 2020, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Pibexa is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/pibexa

On 21 Oct 2020, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Pibexa is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/pibexa
Jun 07, 2022 The Ontario OSC Added Pibexa into Its Warnings
On 8 June 2022, the Ontario Securities Commission issued a warning that Pibexa is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/pibexa

On 8 June 2022, the Ontario Securities Commission issued a warning that Pibexa is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/pibexa
Aug 11, 2022 BrokersView has Reviewed that Pibexa is an Unregulated Forex Broker
Pibexa claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
The broker claims to be located in Saint Vincent and the Grenadines and presents a telephone number that belongs to the UK. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and the United Kingdom Financial Conduct Authority (UK FCA). And we found Pibexa is not registered with SVG FSA. Besides, SVG FSA does not regulate forex activities. Having registration does not mean being authorized to provide financial services.
Moreover, we found a warning in UK FCA. The regulator issued a warning that Pibexa is providing financial services or products in the UK without authorisation. And the Ontario Securities Commission issued a warning that Pibexa is not registered in Ontario to engage in the business of trading in securities.
The truth is that Pibexa is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Pibexa claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. The broker claims to be located in Saint Vincent and the Grenadines and presents a telephone number that belongs to the UK. So we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and the United Kingdom Financial Conduct Authority (UK FCA). And we found Pibexa is not registered with SVG FSA. Besides, SVG FSA does not regulate forex activities. Having registration does not mean being authorized to provide financial services. Moreover, we found a warning in UK FCA. The regulator issued a warning that Pibexa is providing financial services or products in the UK without authorisation. And the Ontario Securities Commission issued a warning that Pibexa is not registered in Ontario to engage in the business of trading in securities.The truth is that Pibexa is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Oct 09, 2022 The Spain CNMV Added Pibexa into Its Warnings
On 10 Oct 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Pibexa was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=pibexa.com

On 10 Oct 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Pibexa was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=pibexa.com

Reviews

Be the first to review.

Rate and Review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.