People keep asking if Pt Banc is legit? I want to tell you that Pt Banc is another scam or fake investing internet platform that allows you to make big money? For a few weeks now, there have been many lawsuits regarding the safety of this broker.
This did not surprise us – our site has long been a benchmark for those embarking on investing online, over the years we have transformed many experts who did not even know what investing meant.
In fact, we are pleased to be asked for information. In fact, online trading scams abound on the web, so it is always advisable to read carefully before you start using a broke.
Therefore, in this guide we will talk well about Pt Banc, trying to understand whether it is worth using or not, and most importantly, we will present good alternatives such as eToro and ForexTB.
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Pt Banc is a scam?
“Pt Banc is a scam?” : In emails that reached us in recent weeks, this question is among the most popular, if not the most popular. We want to respond by calling Consob, the supervisory authority in charge of the security of those who invest online in Italy. In Bulletin 10 of 2019, on March 18 of this year, the institution urges Sucaba Enterprise Ltd, that is, the company behind the broker, to stop offering its investment services.
The reason is very simple: this broker is not authorized. In short, he is an abusive broker. Leaving aside the many reviews present online (many of which are negative and this does not surprise us at all), we ask you a clear and simple question: would you feel comfortable with the idea of depositing your money with such an agent , which in no way complies with the Italian and international regulations that protect those who invest online? Hopefully the answer is no.
With that said, remember that it is up to Consob and their investigative bodies to determine if Pt Banc is a scam. The judiciary is likely to do something too, as there has been no shortage of complaints in recent years. What we can do is advise against the use of this platform, but also any other without authorization. In the next few lines, we will take a closer look at why it is important to use regulated brokers for your online trading.
The reason why it is essential to trade only with regulated brokers, and not with Pt Banc, is because these platforms must follow very strict rules to be online. These are strict rules both locally (in Italy, Consob will take care of this) and internationally. In this way, users can be assured of optimal levels of security and transparency.
Also, let’s not forget that insurance brokers are licensed. In principle, if a platform has no problem, you can get it quickly. If you haven’t ordered it or don’t have it, then something is wrong. The unlicensed broker is trying to attract more users who are inexperienced in the field of online trading. Those who are familiar with this world know very well that in the absence of licenses and permits, it is worth clicking on the upper right corner and changing the reference broker.
Fortunately, these traps are very easy to avoid today. There is a lot of talk about online trading and a Google search is enough to tell if a broker is safe or not . With our articles, we strive every day to provide useful content for those seeking information on this topic.
Examples of regulated brokers
Pt Banc is just one of many examples of unregulated brokers. A few days ago, for example, we were talking about the Go Capital FX and CodexFx platforms without any permission and linked to portals that have very little insurance.
They are very different riders, but they all share the fact that they are nationally and internationally licensed . Among these, as you can see, eToro is present (click here to visit the official site) . In this case, we are not talking about a simple legal broker, so to speak. This platform allows you to learn to trade online quickly even if you are starting from scratch.
Pt Banc reviews
Before writing this review, we reviewed several reviews on Pt Banc . There are still some sites that talk about this broker. Those who do, delve into the subject in an attempt to warn readers. In fact, most of the reviews on Pt Banc do not recommend its use and refer to this broker as a scam. This does not surprise us at all: as mentioned above, Consob asked the company behind this broker to cease its services.
To make a guide as complete as possible, we have also analyzed the reviews of those who have tried the broker. These users not only did not win anything, they also suffered heavy losses. They obviously filed a complaint in the hope, sadly in vain, that they could get their money back. The thing is difficult: in such cases, the illegally stolen sums are transferred to active offshore accounts in countries where Italian justice has no power.
Online trading is not a scam!
This information on Pt Banc should not suggest that online trading is a scam! This is a high-yield speculative investment, until a few years ago reserved for those with some professional knowledge. Today, thanks to the web, anyone can start making money from online trading.
The operation is very simple from a technical point of view. As already mentioned, the cases of brokers such as eToro and ForexTB , as platforms that allow even newbies to start investing online without problems, prove it. Unfortunately, however, there is no shortage of companies like Pt Banc and other unregulated brokers that have convinced many that online trading is a scam. We repeat: not so! Investing online can actually generate very good returns. The important thing is to remember to operate only on regulated platforms, that is, licensed and authorized.
It is also very important to be wary of all systems that promise stratospheric riches overnight. To win from online trading, you must commit and study, and never forget that investing involves the need to face ineligible risk. To keep it under control, it is wise to rely on strategies such as money management, a tactic of dividing capital into several small pieces, each of which will be allocated to a single transaction. To “feel” less the weight of losses, it is advisable to bet from time to time no more than 5% of the capital that one has.
Now that you’ve finished reading the guide, we hope you’ve finally figured out that Pt Banc is not secure. It is a broker outside of any regulation that, therefore, does not guarantee any protection to money and personal data of registered users. Also, as reviews show, those who tried, had to deal with an unrecovered loss of money. However, don’t give up and think that all online trading platforms are like this!
Through legal brokers such as eToro and ForexTB, In fact, it is possible to invest legally and easily. In the first case, you can trade by copying what other investors have already done, all for free.
In the second, however, we are dealing with a broker that allows you to learn to trade online through an excellent free guide, but also phone calls from expert experts. ForexTB also provides trading signals, specific advice on how to move in the markets provided by internationally renowned investors. There is no question: they are excellent alternatives for a broker who is not legal or safe.
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