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Phantom Light

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Operating status: SCAM

Website: https://www.ptmxh.com/en

Broker violations and abnormal records
  • 2023-11-09 BrokersView has reviewed that Phantom Light is an unregulated broker

    Phantom Light has not provided any information about its company or licensing data. This lack of transparency strongly suggests that it may be a fraudulent trading platform.

    The website only offers an email address for investors to contact, which can be easily faked or changed. The initiative of communication is on their side. If they shut down the website and refuse to answer emails, their clients are left helpless and vulnerable, with no effective way to recover their money.

    In essence, Phantom Light is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Phantom Light is unequivocally a scam.

    Phantom Light has not provided any information about its company or licensing data. This lack of transparency strongly suggests that it may be a fraudulent trading platform.The website only offers an email address for investors to contact, which can be easily faked or changed. The initiative of communication is on their side. If they shut down the website and refuse to answer emails, their clients are left helpless and vulnerable, with no effective way to recover their money.In essence, Phantom Light is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Phantom Light is unequivocally a scam.

Related Complaints

Q&A Complaints

Is Phantom Light a legal platform?

Nikolaos Spyrou
Finland
2023-11-22
ANSWER No, Phantom Light is not a legitimate platform. It exhibits traits commonly found among scammers. Therefore, we strongly advise against trading with it.The website of Phantom Light lacks details about its company or licensing information, raising strong suspicions that it could be a deceptive trading platform.The only method of contact provided by the website is an email address, which can be effortlessly fabricated or altered. If they decide to shut down the website and ignore emails, their clients are left with no viable means to reclaim their money.Given all these negative signs, Phantom Light is not safe for investors. Entrusting this broker with funds carries a high level of risk, as there are no legal safeguards in place to protect the funds. To safeguard their interests, traders are recommended to choose fully regulated brokers.
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