Forum.pl

This article contains the following information:

.

• What is known about Pine Fx Markets;
• Undeniable evidence that Pine Fx Markets is a scam;
• Secondary signs that Pine Fx Markets is a scam;

Entrusting your investments to Pine Fx Markets is a decision you are likely to worry about, as I did after all this. I am left with the bitter reality that this is the worst thing that could have happened to me as a person and I hope that personal experience will be for others who, are considering entrusting their funds to this unfortunate investment firm."

What should also be on the platform of an adequate broker? Research tools! A trading floor is obliged to give people access to research tools and resources. These can be financial news, analyst articles, company financials, technical analysis tools and more. These tools allow investors to make informed investment decisions and not just do whatever they want. And how can one make sound investment decisions if all Pine Fx Markets has on its platform is a calendar? White brokerage firms ensure that their investors have everything they need to make wise decisions, as it directly influences the long term prospects of cooperation between them.

As we can see, the trader not only lost money and nerves but also did not get any good trading experience, only disappointment in Forex. If you look at other reviews they have approximately the same content. The most common thing they talk about is that Pine Fx Markets does not withdraw money. People also point out the total cluelessness of the employees of Pine Fx Markets. We have seen many opinions on Pine Fx Markets and have repeatedly been informed that the employees of Pine Fx Markets are using openly manipulative and abusive language when talking to traders. Opinions on an adequate brokerage firm should suggest otherwise, or at least things can't be that bad. All in all, the reviews on Pine Fx Markets also clearly say that Pine Fx Markets is an outright scam.

It's also bad enough that on a feeling level it affected me a lot. Not only have I lost a large sum due to the incompetence of Pine Fx Markets, but the whole ordeal has left me with an aftertaste of betrayal and a lasting distrust of the brokerage industry. I can't escape the unpleasant memories of the countless hours dedicated to resolving difficulties and compensating financial losses caused by the fraudulent nature of this company.

A good investor platform should have a comfortable interface. A well-designed, subliminally understandable user interface is necessary for a trading platform. It makes it possible for users to easily navigate the platform, manage their accounts, and conduct transactions without difficulty. None of this is the case with Pine Fx Markets. Although we know many different platforms and it is a very clear thing for us, it is difficult to navigate in this platform in spite of the vast experience.
A good investment platform should have a wide range of investment options. A good brokerage platform should offer a wide range of investment solutions, including stocks, bonds, ETFs, mutual funds, options, futures and other securities. This enables investors to diversify their portfolios and gain access to many categories of instruments. There are so many instruments on the Pine Fx Markets platform, but the problem is that Pine Fx Markets fraud and trading these assets is not really existing, it's all virtual, like a game. Buying silver through the Pine Fx Markets platform you are not really buying anything due to the fact that Pine Fx Markets is not regulated and therefore not allowed to interact with the world exchanges and therefore you are not really buying anything through a broker in the international market. By the way, the platform of Pine Fx Markets not only has a poor usability, but the platform is also quite unpleasant from an aesthetic point of view.

Initially it was clear that the degree of professionalism and competence at Pine Fx Markets was clearly close to zero. Their platform was constantly unreliable, with frequent technical problems and a user interface that can only be described as clumsy and illogical. This alone made deal execution frustrating, but the difficulties didn't end there.

As stated earlier, Pine Fx Markets and its employees are no strangers to aggressive selling, insults, displaying an enviable lack of skill, employing marketing tricks like offering exorbitant earnings, and inflating reviews. They do not have any legal information on the Pine Fx Markets website, not even an offer agreement, but there should be scans of documents confirming the fact that the brokerage firm has regulation, registration documents and, probably, some awards. The situation is similar in the search engine results as with the reviews, they are all the same. The fact that Pine Fx Markets does not withdraw funds is a common sign of fraud. Analysts at Pine Fx Markets also like to give bad signals, which not only make it impossible to generate income, but on the contrary, all investments are lost. Scammers often send these signals in order to earn more commissions and fees, although this is more true for consultants of real investment companies who are scamming in this way. But the very frequent crashes of the Pine Fx Markets platform are also a typical sign of fraud.

When it came to the main aspect of customer support, I got very angry. Their managers were either unresponsive or unable to address my concerns with any semblance of professionalism. I realised that I was in contact with a brick wall and my requests for help were ignored. When I promptly needed help at a time of critical quote movement, I found myself in a difficult position and this eventually resulted in me losing a significant amount of money.

It is of course the lack of regulation. The regulator has a number of functions including inspections of broker offices, checking of firm representatives, monitoring of financial statements, traders and checking of broker liquidity. But the most important task of the regulator is to prevent financial fraud. Money manipulation can be varied, an example being the withdrawal of an investor's money without his permission, or the misuse of a trader's money in transactions which he has not authorised. In the couple of months before the 2008-2009 crisis, the largest financial institutions in the US were doing this on a massive scale. Through the regulator, the investor can, for example, recover the money. The regulator has its own rules according to which they check the qualifications of the managers of financial institutions, including traders. This in turn guarantees that investors are dealt with by qualified specialists. Pine Fx Markets does not have any brokerage permit, not even a trading permit from some non-existent office.

A normal investment platform should be both mobile and desktop. In today's lightning-changing world, traders should be able to access their brokerage platform on the go. This would allow them, alternatively, to follow fast-changing conditions and swiftly sell or buy an asset if there is a good reason to do so. A good platform should have a flexible mobile app as well as a full-fledged computer version to suit a variety of user preferences and requirements.

In brief, almost nothing. The company was founded last year. It is not known in what city it is located. There is no good information for a little more than half a year of the broker's existence. There is only black information about the firm, but first things first. Our editorial team decided to search the web for information about the country where the legal address of the office is located, but in the end they did not find anything. On the contrary, any reputable company tries to be as open and transparent as possible and to inform its traders, so that investors could see whom they want to give their money to, but it is clear that those who own Pine Fx Markets do not think so.

What are the opinions on Pine Fx Markets talking about? Mostly about the fraud and total unqualification of Pine Fx Markets representatives. The ratio of positive to critical reviews is, of course, in favour of the negative ones. With positive reviews on Pine Fx Markets similarly not everything is that simple. The trouble is that all of them are somewhat too artificial and were published recently and almost at the same time. All of which suggests that these positive opinions are fake. Here is one of these reviews:
"Pine Fx Markets is a great company! The company has a brokerage permit in place. I earn 150-200% of my total capital per month and I dedicate fifteen minutes a day to trading. I recommend Pine Fx Markets to everyone!
Really cool organisation! One such that is able to make the average investor a multimillionaire in a few years, because the trader will earn 150-200% per month. We think it's pretty clear that this is a fake review.
We give another review on Pine Fx Markets left on Reddit:
"This is the best broker in the world. I don't understand why the broker is not number one in the Eurozone and America yet! The service is top notch, the analysts at Pine Fx Markets are the smartest. I have been working with the broker for four years now and I am doing great."
And we don't understand why this broker is still not number one... among scammers either.
Note that those people who have been peddling opinion corrections don't even know themselves Pine Fx Markets "provides services" for only six months, but certainly not for several years, which supposedly this trader cooperates with Pine Fx Markets. No pruffs that confirm that Pine Fx Markets employees are "very competent" are given.

The above mentioned is already enough to draw a correct conclusion about the true nature of Pine Fx Markets. We decided to see everything else in person to be one hundred percent sure.
We left the contact details and the representative of Pine Fx Markets called us back and immediately started offering to deposit a large amount to the account. The representative of Pine Fx Markets used the method of aggressive sales, some ridiculous flattery. We deposited the account with the minimum amount of 25$ and tried to use the signals of this broker. What happened next? We lost ninety percent of the amount in a couple of trades and tried to get the money back, but the money was not transferred back. Again a representative of Pine Fx Markets called and tried to convince us to take the money back and moreover to refill the account and make trades again and according to him if we had done that I would have been reimbursed. However, it is unclear why the staff could not immediately refund the loss without me additionally giving the broker my money. It is clear that had I done so, they still would not have withdrawn the money, not a penny.

What happens in a situation where you or someone else spits on all the facts mentioned here and decides to try working with Pine Fx Markets? Let's find out. Let's take a review on Pine Fx Markets from the Reddit forum:
"I am leaving this review to share my painful experience with Pine Fx Markets and to keep future clients safe before they even think about handing over their hard-earned cash to this firm. In my years of trading experience I have never dealt with a worse brokerage company and it has left me with a nasty taste in my mouth and a significant decrease in trust in the industry in general.

Let's now move on to a comparison of what Pine Fx Markets and the normal average firm provide. What does a good brokerage platform have to look like? A good trading platform is an important tool for traders to be able to access the world markets and make informed investment decisions. A good platform must have both cent and trial trading in addition to the standard one.

This snippet of material has the following information:

• How an adequate brokerage organisation's platform should be set up;
• What about the Pine Fx Markets platform;
• Comparison of a good brokerage platform with what Pine Fx Markets has;

Also extremely important feature of a good brokerage platform is good security features. Ensuring the protection of clients' personal information and funds is of utmost importance. A good investor platform must have strong security measures in place, such as two-factor authentication, security, and secure socket layer technology (SSL). All of these and other things should firmly protect investors from scams, account theft or hacking into the brokerage platform itself with massive data leakage. None of the above is anywhere near on the Pine Fx Markets platform.

You have seen it all yourself. Pine Fx Markets stands out even among the scams. The firm is to the point of being horrible that there is no place to put a stigma on it. The reviews on Pine Fx Markets, which don't seem to be fake, are filled with negativity. People often talk about the fact that investments are not returned, the employees do not observe the norms of decency, the platform is inconvenient, systematically glitches, from cooperation with Pine Fx Markets remain only bad memories. If you do not want to be exposed to the same things as other traders, do not under any circumstances leave personal data on the Pine Fx Markets website or, if you have already done so, blacklist the phone numbers of the investors and ignore them. If you do take the risk of approaching them, there is the risk that they will be able to wrap your head around their skills and experience of swindling you and steal your hard-earned money. They don't just offer some investment options, they can gain the trust of their victims by befriending them and luring them in with promises of exorbitant profits.