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Pentad

India|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.pentadsecurities.com/

Website

Rating Index

Contact

+91 9567337788
care@pentad.in
https://www.pentadsecurities.com/
33/2361 B4, 3rd Floor, Jacob’s Building, Geethanjali Junction, Vyttila, Kochi 682019.

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

English

+91 9567337788

English

+971 585423555

Broker Information

More

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Warning: Low score, please stay away!
Previous Detection : 2024-02-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Expose

Pentad · Company Summary

Registered in India
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Equity, mutual funds, gold, derivatives, currency, commodity, other financial products
Minimum Initial Deposit Information not available/$100
Maximum Leverage Information not available/1:500
Minimum spread Information not available/0.0 pips onwards
Trading platform Information not available/MT4, MT5, own platform
Deposit and withdrawal method Information not available / Bank wire transfer
Customer Service Email/phone number/address/live chat
Fraud Complaints Exposure Yes/No for now

General information and regulations of Pentad

Pentad Securities is in the brokerage and distribution business of financial products, with no current effective regulation.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Equity, mutual funds, gold, derivatives, currency, commodity, other financial products.....Pentad allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Pentad.

market instruments

Spreads and commissions for trading with Pentad

Pentad does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Pentad, we recommend that you take the time to calculate these transaction costs.

Account Types for Pentad

There seems to be 2 types of account: global equities and trading&demat account, but further details are not revealed. Demo account is also not available.

Trading platforms offered by Pentad

Pentad does not give information about its trading platform, but from the peers and the website as a whole, it should be a trading platform developed by itself.

Leverage offered by Pentad

You can't find information about trading leverage on Pentad's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

Pentad is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at Pentad, such as videos and blogs.

educational resources

Customer support of Pentad

Below are the details about the customer service.

Language(s): English

Email: dubai.office@pentad.in

Phone Number: +971 52 904 4465

Address: Port Saeed Road – City Avenue opp Deira City Center – Suite 601 Post box No 21416 – Dubai – United Arab Emirates.

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

customer support

Users exposures on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

users' exposure

Advantages and disadvantages of Pentad

Advantages:

Many instruments available

Disadvantages:

Complaints

No effective regulation

Few information available

Frequent asked questions about Pentad

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

User Reviews

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FX1368157176
more than one year
Pentad provides a variety of financial products, such as equity, mutual funds, bonds, shares, options... But I saw some people say they were cheated. To be on the safe side, I will stay away from this company.
2023-03-10 15:03
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