PammBrokers guarantees an 18 percent profit guarantee with either of their four packages. Moreover, Pamm Brokers seems to be a Persian-based trading platform. The only problem with pammbrokers.net is that there’s no chance of withdrawing funds. So despite the balance appearing to rise each day, you won’t get to enjoy the profit. And that’s what makes investing and trading with PAMM Brokers a risky affair. Here’s what you need to know in our candid PAMMBROKERS REVIEW.
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PammBrokers claims to have over ten years of experience on the about us page. The about us page shows the platform claiming to rise into prominence in 2010. However, there’s nothing to prove it as no investor has been with them for such a time.
Pam Broker claims to offer a profitable and safe investment platform. All you need is to sign up with them and enjoy the 18 percent profit guarantee. In addition, the platform claims to mention the vesting period with each of the accounts.
More about the accounts later; let’s start with how the platform appears. When you land on the homepage, you get the feeling of a not-so-professional website. The aesthetics alone tells us the owner doesn’t have any experience.
There’s a lot of missing information hidden from the public. The platform wants investors to sign up before getting the real results blindly. And that means you must be careful not to sign up due to the empty promise.
Navigating through the website is not as easy as it seems. You can’t get past the homepage as the other pages take time to load. The platform falls short of providing safety trading features. You get a platform without DDoS protection or SSL encryption.
And that gives hackers a perfect spot for stealing personal information. For example, during deposit transactions, hackers may take advantage of the loophole. We also suspect the platform could be selling your information to third parties.
Before you invest in any platform, you must research it first. Try and find out what makes the platform tick. That’s the only way to guarantee safety when trading. Then, go for these platforms enjoying the backing of crypto and forex experts.
You have to weigh the pros and cons of each platform before deciding to move forward. We will help you find why we saw red flags on the platform. The first has to be the web layout which screams a touch of nerviness.
We have a platform that’s ideal for promoting empty promises. What you get is a platform without providing any legal framework to investors. The platform is a complete waste of time despite their efforts to prove otherwise.
Here’s what we found out as the main red flags when investing with pammbrokers.net.
PammBrokers offers four account types: Bronze, Silver, Gold, and Diamond. Each of these plans comes with a different set of features. Therefore, we want to highlight what the platform claims to offer on each plan.
Bronze
It’s the most basic account type as the platform hails this plan best for beginners. The basic plan has a minimum deposit of $500 to $2,499. How long you will have to wait for the 18 percent guaranteed profit margin remains a mystery.
Silver
For the silver account, you can deposit $2,500 to $12 499. It comes with a 14 percent guaranteed profit margin. There’s still no way of knowing the vesting timeline for this account. The account promises $13 in daily profit.
Gold
Investors can deposit with the gold account $62,499. You get a promise of making 16 percent ROI with no vesting period. Unfortunately, the account seems shoddy as the calculator doesn’t provide profit margins.
Diamond
It’s the most exclusive account, with investors having to deposit over $63,000. The platform targets institutional traders with this account. We highly recommend that you ignore such platforms with no account features.
From the word go, we can tell that these accounts don’t have plenty to offer. With the platform claiming to offer to trade, there are no trading features. We don’t know the accepted leverage or spreads of trading instruments.
Speaking of trading instruments, the platform claims to offer any trading instruments that we know of. So how will traders get to trade on a platform that does not indicate offering such services?
Little information is available concerning who owns and runs the platform. All we see is a platform claiming to offer trading services in Persian. Apart from that, there’s no link to any professional or real owner of the platform.
And that makes PammBrokers an anonymous investing and trading platform. But, for all the years we’ve been in the business, anonymity isn’t a friend. You will likely lose funds with such platforms without recovering them.
Anyone claiming to offer recovery services for such a platform is taking advantage. With nowhere to start, the owner likely stores funds in offshore accounts. The best option is to avoid such platforms in the future.
We have a client testimony section to get investors talking about the platform. What makes the section a false one is the name, John Doe. The name is synonymous with people who don’t have proven names.
For all we know, the platform could be doctoring these statements. We have seen it happen countless times before. The best way to avoid them is to stay away and ensure you sign up with a licensed platform.
PammBrokers does not have any legal document to prove the license or any form of regulation. That means the platform doesn’t have any legal framework to follow. And that leaves investors in a mud of problems.
Without legal cover, the platform is free to operate as it wishes. That means even offering harsh trading features such as high leverage. But, with no one to come to your aid, investors are at the mercy of the platform.
The question you should be asking is whether you can withdraw funds from the platform. And that’s not possible as the platform doesn’t have evidence of anyone withdrawing. The platform only accepts deposits and fails to cover withdrawals.
Your funds are far from safe, with a platform failing to offer any safety measures. The platform doesn’t have a shred of evidence in terms of safely providing services. Without DDoS protection, you are in for a rude surprise.
You must check with authorities to confirm whether a platform is dully registered. That way, you have a safety net to hold on to regarding recovering funds. Ensure you stay safe and invest with proven trading platforms.
After seeing that no one gets to withdraw from the platform, we have to flag pammbrokers.net as a scam.
PS: You can safely invest in proven crypto investments that guarantee real results.
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