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Is PINAKINE Broker Safe or a Scam? A 2025 Complete Review
Abstract:The most important question for any trader looking at a new broker is straightforward: Will my money be safe? When it comes to PINAKINE, our research shows that trading with this broker comes with very high risks. We didn't reach this conclusion quickly - it's based on two major problems we found right away: the broker has no proper financial licenses at all, and it has an extremely low trust score of only 1.71 out of 10. These findings make us seriously worried about whether this broker is legitimate and whether client money is safe.

The most important question for any trader looking at a new broker is straightforward: Will my money be safe? When it comes to PINAKINE, our research shows that trading with this broker comes with very high risks. We didn't reach this conclusion quickly - it's based on two major problems we found right away: the broker has no proper financial licenses at all, and it has an extremely low trust score of only 1.71 out of 10. These findings make us seriously worried about whether this broker is legitimate and whether client money is safe.
This complete 2025 review will carefully examine every piece of information we could find to give you a clear answer to the question, “Is PINAKINE a safe broker or a potential scam?” We will look at all the evidence and present our findings in a clear, fact-based way to help you make a smart and safe decision.
Our review will cover these important areas:
• Regulatory Status and What It Means
• Account Types and Trading Conditions
• Platform Technology and Company Background
• Deposits, Withdrawals, and User Reviews
Regulatory Status: A Major Warning Sign
The most important thing to check when evaluating a broker's safety is whether it has proper regulation. In this area, PINAKINE shows a major red flag. Our research confirms that PINAKINE has no valid licenses from any recognized financial authority anywhere in the world. This isn't a small problem - it's a fundamental issue that puts traders and their money in a dangerous position.
To understand how serious this is, you need to know what it means for a trader when a broker has no regulation:
• No Protection of Your Funds: Regulated brokers must keep client money in separate accounts from the company's own money. This means that if the broker goes out of business, client money is protected. With an unregulated broker like PINAKINE, there's no such protection. Your money could be mixed with company funds and used for business expenses, putting it at direct risk.
• No Help When Problems Arise: If you have trouble withdrawing money, suspect unfair pricing, or have problems with your trades, there's no official regulatory body you can contact for help. You have to deal directly with the broker, who has no legal obligation to rule against their own interests. This creates an unfair situation that heavily favors the broker.
• No Oversight or Fair Practices: Top regulators like the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC) enforce strict rules. These include requirements for proper capital, transparent pricing, fair trade execution, and honest marketing. An unregulated broker operates outside this system of accountability.
PINAKINE's registered location in Saint Lucia makes these concerns even worse. Saint Lucia is a well-known offshore location that's popular among risky brokers precisely because it has weak financial oversight and minimal regulatory requirements. Choosing such a location is often a deliberate strategy to avoid the strict compliance and consumer protection standards required by reputable financial centers.
A warning we found during our verification process states clearly: “It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!” For any trader who cares about the safety of their money, the complete absence of regulation should be a deal-breaker.
A Closer Look at Accounts
Despite the serious regulatory concerns, it's helpful to analyze the services and trading conditions that PINAKINE advertises. Understanding what the broker offers helps us see the potential “bait” used to attract unsuspecting traders, which often includes high-risk features disguised as benefits.
PINAKINE advertises several account types, though information is limited for most of them. The “Standard” account seems to be the most detailed, setting a baseline for the broker's offerings. To provide a clear overview, we have put together the available information in a table. Please note that many details for accounts other than “Standard” are not provided by the broker, which is itself a transparency problem.
| Feature | Standard | Cent | Diamond | Gold | ECN | Islamic |
| Minimum Deposit | $500 | -- | -- | -- | -- | -- |
| Maximum Leverage | 1:500 | -- | -- | -- | -- | -- |
| Commission | $0 | -- | -- | -- | -- | -- |
| Minimum Position | 0.01 lot | -- | -- | -- | -- | -- |
| Supported EA | Yes | -- | -- | -- | -- | -- |
| Minimum Spread | -- | -- | -- | -- | -- | -- |
Disclaimer: Information for account types other than 'Standard' is not fully provided. The minimum deposit of $500 appears to be a general requirement across the platform. This information is for reference only.*
When analyzing these features, several points stand out:
• High Leverage (1:500): This is an extremely high level of leverage that, while potentially increasing profits, dramatically increases the risk of huge losses. A small market movement against your position can wipe out your entire account balance. Reputable regulators in major countries often limit leverage for retail clients (e.g., 1:30 in Europe and Australia) precisely to protect them from this level of risk. Offering 1:500 leverage is a common tactic used by unregulated, offshore brokers to attract risk-seeking clients.
• Zero Commissions: The promise of “$0 commission” trading sounds appealing. However, brokers are not charities. When they don't charge a fixed commission, they often make up for it by building their fees into the spread (the difference between the buy and sell price). This can result in wider, less transparent trading costs than a fixed, upfront commission structure.
• High Minimum Deposit ($500): For an unregulated broker with a very short operating history, a $500 minimum deposit is unusually high. Many well-established, regulated brokers allow clients to start with $100-$200. Asking for a $500 initial investment represents a significant upfront risk, especially when there is no regulatory protection for those funds.
The broker claims to offer various products including forex, CFDs, metals, and cryptocurrencies, which is a standard offering in the industry. However, the attractive headline features are overshadowed by the high-risk environment in which they are offered.
Platform and Company Details
To build a complete picture, we examined the operational and technical details of PINAKINE. These facts provide further context about the broker's setup and perceived professionalism.
Here is a summary of the company's registered information:
• Company Name: Pinakine Liquidity Limited
• Operating Period: 1-2 years
• Contact Number: +44 74 54630174
• Email: support@pinakineliquidity.com
• Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
It's worth noting that the contact number has a United Kingdom (+44) country code. This can be misleading, creating a false impression of a UK presence, while the company is officially registered and operates from the offshore jurisdiction of Saint Lucia.
Regarding its trading technology, PINAKINE provides the MetaTrader 5 (MT5) platform. Our analysis shows that the broker has a “Full License” for MT5. Typically, a full license means that the broker has access to good system services, mature technology, and better risk control features within the platform itself.
However, it is absolutely critical to understand this point: a legitimate platform license is meaningless without broker regulation. A perfectly functional and licensed trading platform can still be used by a fraudulent entity to manage trades. The platform is merely a tool; it does not guarantee the integrity of the broker using it. The safety of your funds and the fairness of your trades are determined by the broker's regulation, not its software license.
For technical transparency, here are the server details:
• Server Name: PinakineLiquidity-Server
• Server Location: Germany
• Total MT4/MT5 Servers: 1 MT5 server, 0 MT4 servers.
Deposits, Withdrawals, and Feedback
How a broker handles client money is a crucial test of its reliability. We gathered available information on fund transactions and cross-referenced it with reported user experiences to see how PINAKINE performs in the real world.
The broker claims to offer free deposits and withdrawals, which is an attractive feature. Supported payment methods are said to include credit/debit cards, bank transfers, and potentially cryptocurrencies. However, a complete and clear list of these methods and their associated processing times is not readily available, which is a lapse in transparency.
Based on feedback we've analyzed, while the broker itself may not charge transaction fees, traders should remain cautious. It is common for third-party payment processors, such as banks or e-wallets, to impose their own fees, which are not always disclosed upfront by the broker. We recommend clarifying any potential third-party charges with customer support before making a transaction.
Looking at community feedback, the reviews on PINAKINE are limited but provide some insight. We found two positive user reviews from traders in India:
• One user, Ravi, reported trading for over a year with a capital of over $4,000, stating he was satisfied with the quick service and support.
• Another user, Mr Ajay sahu, mentioned trading for over a year and being happy with the broker's fast services and support system.
It's important to put this feedback in the proper context. While we note these individual positive experiences, they represent a very small and geographically concentrated sample size. Two positive reviews do not outweigh the fundamental, structural risk posed by the broker's complete lack of regulation. They stand in stark contrast to the consistent warnings from expert replies found in community Q&A sections, which repeatedly advise against using the broker due to its unregulated status. For a complete picture of broker performance and the latest community feedback, we encourage traders to check the detailed profile and user reviews available on WikiFX.
Do Not miss this article- Stonefort Broker in India: A 2025 Complete and Fair Review- www.wikifx.com/en/newsdetail/202511072594703374.html
The Verdict: A High-Risk Broker
After a thorough analysis of all available information, our conclusion is clear: PINAKINE is a high-risk, unregulated broker that we cannot recommend to any trader. The potential for financial loss when dealing with such an entity is substantial, and the attractive features it promotes do not make up for the fundamental lack of security and accountability.
To summarize, the key red flags are overwhelming:
• No Valid Regulation: This is the most critical failure. It exposes clients to immense risk with no safety net.
• Offshore Registration: The choice of Saint Lucia, a jurisdiction known for minimal oversight, is a classic sign of a high-risk operation.
• Extremely Low Trust Score: A score of 1.71 out of 10 signals significant, verified issues and a general lack of trustworthiness in the industry.
• Unclear Information: The broker fails to provide full transparency on crucial details like account conditions and payment methods.
• High-Risk Offerings: The combination of 1:500 leverage with no regulatory oversight is a dangerous formula, especially for inexperienced traders.
To put the risk into perspective, the following table compares PINAKINE to several well-established, regulated brokers. The difference in trust scores, regulatory oversight, and operational history is stark and speaks for itself.
PINAKINE vs. Regulated Alternatives
| Broker | Trust Score (out of 10) | Regulation | Operating Years |
| PINAKINE | 1.71 | None (Unregulated) | 1-2 years |
| IC Markets Global | 9.09 | Australia (ASIC) | 15-20 years |
| XM | 9.10 | Australia (ASIC) | 15-20 years |
| TMGM | 8.55 | Australia (ASIC) | 10-15 years |
| VT Markets | 8.68 | Australia (ASIC) | 5-10 years |
This comparison clearly shows the huge difference between an unvetted, offshore entity like PINAKINE and brokers that have spent years building a reputation under the watch of a top-tier regulator.
Final Conclusion and Recommendation
In the world of online trading, features are less important than safety. While PINAKINE may present an appealing appearance with its MT5 platform, multiple account types, and promises of zero commissions, these are insignificant when a broker operates completely outside of any regulatory framework. The protections that regulation provides—such as segregated funds, fair trade practices, and a dispute resolution mechanism—are not optional extras; they are the foundation of a safe trading environment.
The risk of losing all invested capital with an unregulated broker like PINAKINE is substantial and cannot be overstated. Our strong recommendation is for all traders, from beginners to experienced professionals, to avoid PINAKINE. Instead, choose a broker with a long history of reliability and strong regulation from a top-tier authority.
Always conduct thorough research before depositing funds with any broker. You can use comprehensive platforms like WikiFX to verify regulatory licenses, check user reviews, and compare brokers to find a trustworthy partner for your trading journey. Your financial security should always be your number one priority.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

