Check › Broker register › PNP Markets
AC-508568
PNP Markets
⚠ Flagged on the register · High risk
We checked PNP Markets against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
⚑ Reported by our community & upstream sources
Named in relation to ASIC (Australia)
What we found
PNP Markets is not a reliable broker for traders even though it states offers that look good to be true. PNP Markets claims to be authorized and regulated by the Australian Securities & Investments Commission (ASIC) under license number: 001279058. We do find a match result to PNP Markets in ASIC, but the regulation status is already ceased. That means PNP Markets is no longer under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report PNP Markets.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.