PantheraTrade is suspected to be a fraudulent broker, which is why we have created the PantheraTrade Review to alert those seeking a trustworthy FX broker. It is crucial to raise awareness among investors and traders regarding the legitimacy of all types of brokers, regulated forex brokers, forex trading platforms, Forex brokers, crypto brokers, and others. In this PantheraTrade review, we will talk about the reasons why PantheraTrade.live is listed among the fraudulent brokers 2024 list by Fraud Complaints and guide how victims of PantheraTrade can reclaim their lost funds.
Basic Details for PantheraTrade.live
Website: https://pantheratrade.live/
Website Availability: NO
Official Address: Saint Vincent of the Grenadines
Regulation: Unregulated
Warned By: Not recommended by the review website like Fraud Complaints
Domain Status:
What is PantheraTrade (https://pantheratrade.live/)?
Panthera Trade offers a wide range of trading opportunities across various markets, including forex, cryptocurrencies, metals, and oil. Forex traders can access 32 currency pairs, while cryptocurrency traders can trade popular digital assets like Bitcoin, Ethereum, and Litecoin. Panthera Trade offers trading choices for precious metals, including palladium, platinum, silver, and gold. With a $100 minimum deposit, a 1:500 leverage ratio, and a minimum lot size of 0.01, traders can also engage in oil trading, which enables them to speculate on crude oil and other oil products.
Panthera Trade offers three types of accounts: the Standard Account, ideal for beginners with a $100 minimum deposit, spreads from 0.8 pips, leverage of up to 1:1000, and no commission fees; the Gold Account, designed for experienced traders, requiring a $100 minimum deposit, leverage of up to 1:500, spreads starting at 0.1 pips, and no commission charges; and the Professional Account, tailored for advanced traders, with a $100 minimum deposit, 1:1000 leverage, and a $3 trading commission.
Lack of Regulation and Accountability
Although PantheraTrade states that the company is registered with the SVG FSA under license number 239, the SVG FSA does not have any records that match, suggesting that PantheraTrade is not currently registered with the regulatory body. Additionally, PantheraTrade lacks valid regulation or a legitimate license, and it has been flagged as a fake forex broker with a poor performance rating. Traders have reported issues with withdrawing funds, highlighting the need for caution when selecting a broker, particularly one with clear regulations and a valid license.
Negative User Complaints
Negative user complaints about PantheraTrade highlight several critical issues. Traders have expressed frustration over the lack of clear rules and guidelines, making it difficult to navigate the platform effectively. Many users have reported that the website is often unavailable, hindering access to their accounts. Additionally, there are numerous accounts of difficulties in withdrawing funds, with many unable to access their reports. The platform offers limited trading instruments and lacks essential indexes and stocks, while users have also noted high trading commissions. Compounding these issues is the absence of reliable customer support, leaving traders feeling unsupported and dissatisfied.
PantheraTrade Review – Conclusion
Based on many factors explained above we have finally concluded that PantheraTrade.live is a fraudulent broker. Do extensive research on any site before investing.
Be aware of schemes like Forex Trading Deceptions, Cryptocurrency Cons, Internet Dating Scams or Romance Fraud, Pump and Dump Tactics, Ponzi Schemes, Investment Deceptions, Fake Trading Platforms, Phishing Attacks, Robo-Advisors Deceptions, and Binary Options Deceptions.
If you have already fallen victim to PantheraTrade.live fraud, take quick steps to recover your money. While the process can be tough, patience and completing the proper steps can improve your chances of receiving your money back from PantheraTrade.
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Note: The PantheraTrade review is influenced by some existing reviews online and we have created original review based on known facts. We are not responsible for any legal actions taken by any entity favoring PantheraTrade.live company.