There are many things already said about the PetronPay broker scam. You got it – the PetronPay is a scam! Many signs make this broker a scammer. Read this PetronPay review to uncover everything to make yourself aware of this scam broker.
Broker Website – https://petron-pay.com/
Address – 16800 Glendale Drive, New Berlin, WI 53151
Warned By – Securities and Exchange Commission (USA)
PetronPay claim itself as a self-investment platform. They offer different packages at different prices. It allows you to invest in petroleum and make high returns on your investment. The payment method provided by PetronPay is bitcoin only and this is a red flag as bitcoins cannot be traced and that is their objective while setting these restrictions. If any brokerage company asks for payment through bitcoins and cryptocurrencies, there is always a risk of a scam. They claim to be registered in Switzerland but the company does not exist in Switzerland. Also, PetronPay is blacklisted by the Swiss Financial Market Supervisory Authority – FINMA. Read a complete PetronPay PetronPay review will make you aware of the scam activities done by PetronPay.
PetronPay Domain Status
|Date Registered||April 14, 2021|
|Domain Age||1 year, 4 months, 12 days, 23 hours, 12 minutes, 43 seconds|
Check This PetronPay Review Warning Signs
PetronPay Review: License
License is the most significant thing one should consider while choosing a broker. If your broker doesn’t hold a valid license, eliminate them immediately. Make sure the license is from a high-level regulator.
If PetronPay doesn’t hold a license, then the controller cannot make a move against them. That is the reason why it is necessary to pick a broker with a valid license.
PetronPay Review: Withdrawal Issues
One of the most baffling things as a trader is a withdrawal issue. The traders invest their money with the hope of gaining some profit, but the scammer holds their installments or doesn’t support the withdrawals.
If there are withdrawal issues, then you should be careful with the potential issues that may occur afterward.
PetronPay Review: Trading Platform
Mostly, the brokers use a reliable platform like MetaTrader 4 or 5 for experienced and first-time traders. It doesn’t imply that any merchant who has MT 4 or 5 is essentially real. The scam brokers can make phony forms that don’t do genuine trading but rather take your funds or information.
PetronPay Review: Customer Support
A genuine and professional broker offers support at whatever point you are stuck eventually. A good broker provides reliable and supportive customer service, however, it is not always seen by scam brokers. Fraudsters lure people to invest their money and stop answering their calls and texts after fooling them.
Reading a broker review before investing with them is a good practice. But, many phony sites have Reviews loaded up with fake positive audits. They contain made-up names and photographs of individuals and replicated texts that are taken from irregular sources. We advise you to do good research on trusted brokers before trading with any broker.
Got Scammed By PetronPay Broker? Tell us Your Story!
If you are a victim of a PetronPay scam or any other scam broker, remember that you are not the only one. Many traders are going through the same situation. The scam brokers lure investors by different methods and techniques. But, there is always a solution. Fraud Reports Online helps investors to take immediate action against fraud brokers. We are here to
provide a free consultation to make you aware of the scam brokers.
Also, if you are a victim of a forex scam, binary scam, cryptocurrency scam, romance scam, tax scam, pension scam, or any other scam, file a complaint against PetronPay and tell us your case. Let us get your lost funds back now!
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