PNL Advanced Review

Is PNL Advanced a scam or legit broker? Read PNL Advanced Review

An online platform called PNL Advanced promises traders top-notch trading services to satisfy every client’s requirements. It says that it can help you reach your trading goals by using trade experience, consultants, and an easy-to-use trading platform. You can gain from equities and the investment company’s multi-asset platform. among other things, commodities and indices.

Apart from its email address, this broker’s website, https://pnladvanced.com/, does not provide any other means of communication.

At PNL Advanced, you can get a Basic, VIP, Rookie, Elite, Elite Plus, or Upon Request account. Like most scam businesses, though, their investment schemes offer no compelling reason to think about investing money. Traders make investments ranging from $5000 to $1 million or more. The packages must, however, offer a compelling incentive for making extra payments.

The security of your money is not guaranteed by PNL Advanced. So, making sure your money is safe should be your top priority when picking a platform. The investment company raises multiple warning lights to warn that investing money comes with its own set of risks. Negative reviews are also something you shouldn’t disregard.

The broker got warned by the German regulator, the Federal Financial Supervisory Authority (BaFin). According to BaFin, “the Federal Financial Supervisory Authority published a notice on its website to inform the public that it had opened supervisory investigations into the operators of the platform pnladvanced.com. It has since emerged that an almost identical website is being operated at pnladvanced.de. On this website too, the operator is simply referred to as PNL Advanced or PnL Advanced, and no details are given regarding the operator’s legal form. As with pnladvanced.com, the website doesn’t have any legal notices or information about where the operator is registered.

In accordance with Section 37(4) of the German Banking Act (Kreditwesengesetz, – KWG), BaFin would like to make it clear that the operator of the trading platform pnladvanced.de does not hold authorization under the KWG to conduct banking business or provide financial services. It is still the case that this company is not supervised by BaFin.”

Possible scam activities of PNL Advanced

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this PNL Advanced review.

• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
• The broker may have made a number of false claims through its website.
• The broker promises returns that are too good to be true.
• The risk warnings may not be disclosed on their webpage or would be hidden.
• The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

Negative PNL Advanced Reviews and Complaints

PNL Advanced has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative PNL Advanced Review

After Searching internet you will find many negative PNL Advanced Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and PNL Advanced reviews are negative. Instead, we recommend looking for regulated and reputed brokers who can really help in growing your investments.