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PEC

United Kingdom|Scam Brokers|
5-10 years|Suspicious Regulatory License|Counterfeit MT4/5|Regional Brokers|High potential risk|

http://manage.pecfx.com/en/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Counterfeit

5
Server Name
PEC-Demo1 MT4
Server Location United States

Contact

support@pecfx.com
http://manage.pecfx.com/en/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

PEC Forex

Company Abbreviation

PEC

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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This platform is a Ponzi Scheme. Please stay away! 4
Previous Detection : 2024-03-01
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
  • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.

WikiFX Verification

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Comments

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Divergent
more than one year
Encounter such fraudulent brokers? Run away promptly. I've witnessed their deceitful tactics—playing disappearing acts. Customer service vanishes into thin air, leaving you with no recourse.
2023-12-20 12:08
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