The Official Website Of PGB Limited Cannot Be Accessed Normally At Present. The Company Appears To Have Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-07-04 Malta MFSA Adds PGB Limited To The Warning List
On 4 July 2022, The Malta Financial Services Authority (MFSA) Issued A Warning Stating That PGB Limited Is Not A Registered Company In Malta And Has Not Obtained The Necessary Operating Licenses And Authorizations Under Maltese Law To Provide Investment And Financial Services. You Can Visit The Following Website For Details: Https://www.mfsa.mt/news-item/mfsa-warning-https-pgbllmited-com-unlicensed-entity/
2022-07-05 Brokersview Has Reviewed And Confirmed That PGB Limited Is An Unregulated Forex Dealer
PGB Limited Claims To Be A Trustworthy Broker, But Does Not Provide Any Details Of Its Regulation. The Lack Of Such Important Information Can Be A Clear Signal For Unlicensed Traders, As Regulated Traders Always Display Their Certifications And Operating Licenses Prominently. This Is A Red Flag.
Furthermore, The Malta Financial Services Authority (MFSA) Has Issued A Warning Stating That PGB Limited Is Not A Registered Company In Malta And Has Not Obtained The Necessary Licenses And Authorizations To Operate Under Maltese Law To Provide Investment And Financial Services.
This Means That PGB Limited Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Dealer Hold Or Control Investors' Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since The Broker's Website Cannot Be Accessed At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That PGB Limited Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: PGB Limited As An, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
