The brokerage firm urges potential clients to “start their successful trading journey”. In addition, it promises traders to get “maximum profits” and guarantees “trouble-free and safe trading”. However, the intermediary does not disclose any information about the managing company or whether it has a license.
Can you trust your funds to this financial agent? In our Pentoventures review, we take a closer look at how this broker works and whether you should partner with them.
How to Trade
The company welcomes traders to its “best trading platform in the industry.” The broker talks about the benefits of a demo account, but there is no such service on the website. You can choose from:
- Traditional account from 7 options.
- Islamic trading account.
- Minimum deposit from €10,000.
The firm promises clients trading without large commissions. There are many offers on loyalty programs – bonuses, as well as rewards for referrals and for participation in promotions.
You can deposit up to $250, but it is not clear whether this amount entitles you to trade here. For contacting technical support, there are only two UK phone numbers available.
Pentoventures Vital Info
The anonymous owners of the platform do not disclose any information about their team. Besides, they also kindly ignored the date of the project’s foundation. We have to turn to Whois service to find out at least the domain registration date. So, we see that this resource has been functioning only since the end of June 2024.
What is the brokerage firm’s license? Where is its headquarters located? We tried to find answers to these questions on our own. However, as one would expect, the Pentoventures brand is missing from the global entity database. Such an organization does not exist, so the broker works without regulation by official bodies.
This broker is honest. I will not say that it is very good, but you can successfully cooperate with this firm. I've been using Pentoventures for about three months now. and I'm satisfied with our cooperation so far. The brokerage company has licenses from European structures, which shows its reliability. They conclude an agreement for brokerage services with their clients. There are different platforms for trading. Forex - for currency pairs, and platforms with access to the asset market and commodity exchanges all over the world, except for the Hong Kong exchange. This is a slight disadvantage. However, Pentoventures broker is more inclined to speculate on currency pairs, there are about a dozen of them. Easy registration, demo and Islamic account are pluses, although I didn't use it :) I immediately started trading on a real account using signals from the broker. I am almost completely satisfied with this service.
I advise you not to contact pentoventures if you don't want to lose your money. I deposited 15,300 USD, traded here for about 5 weeks, but then I found my account was blocked without explanation. I wrote to support, called the manager, but no one answered. Apparently these crooks from pentoventures communicate with customers like this when they steal our money THIS IS A SCAM!!!!!
I also encountered this broker and would prefer not to remember this time. I tried to trade through the PENTOVENTURES terminal for four months, but I never managed to make a profit. In the end, my deposit decreased by 25%. After I switched to another brokerage firm, I was able to cover the loss for the first month and earn another +17% for the second month. Further, I averaged trading brought me 4-7% to my deposit every week. There were also problems with constant terminal delays. I repeatedly sent requests to the PENTOVENTURES support team to find out what the cause of the problem was. My computer and internet were not the sources of the problem. Perhaps this instability was happening on the broker's side. In the end, the support team did not give any clear answers. On top of that, the managers of the company kept calling me. They offered me cool training courses for a certain amount of money, there were also offers to use their automated trading systems. In general, they tried to swindle me out of my money, trying to get as much as possible. They performed this like professionals not only in sales but also in deception. So I withdrew all my funds from my account with pentoventures.com. Severe outages, no profit, why would I even trade in such conditions, right?
Hi, I do not recommend working with Pentoventures broker. They constantly change the terms of trades, so I lost almost 6,200 dollars because of their “innovations”. They seem to increase the difficulty for traders in order to make it harder to make money.
For many years that I have worked in the forex market, I have long ago learned to distinguish real brokers from scammers. Despite this, I still try to research new companies for myself, because sometimes they are really honest and offer great conditions. However, Pento ventures is definitely not on this list! Their website states that when using their proprietary trading platform, the client will get “maximum profit” and will be fully protected from possible risks. This is a lie. Words about profit guarantee cannot be true by definition!!! All investments in trading are associated with risks, and depending on the market of work, these risks may vary, but they can not be completely absent. By spreading such misinformation, we can confidently say that there is at least one unscrupulous actor.
Having worked with this brokerage company for a short time, I can say that everything works quite well on the platform. I expected much worse, but still... I have been trading here for almost 3 months now and I have very good impressions. The trading conditions are excellent on pentoventures.com, I am satisfied with both commissions and withdrawal periods 👍 The minimum deposit is of course high, but justified. I recommend this broker, especially for beginners.
Pentoventures is a disgusting broker, often cheats on trades, takes an incomprehensible commission percentage and provides unreliable tech support, making empty promises.
Working at PENTOVENTURES.COM is a bad choice for traders. They closed my profitable positions as soon as the market went in my direction. I asked for the reason and got a reply from support about technical problems. How can I trust this platform now? There is no professionalism here.
The representatives of this broker found me on social media, They promised me mountains of gold. I believed and invested 25,000 dollars. problems with the withdrawal of funds soon began. Every time the support had a new excuse:
technical work or document checks. It is clear, that they are delaying the order to avoid paying out money!! It's just an outrage!!!
This is not a broker, but a scam. I registered with pentoventures and deposited $250, and then I saw that trades are conducted inside the company, if you can call this scam resource so. Managers draw their graphs to create the illusion of work. I started to study the information on the site more carefully, I asked the technical support for contact numbers of managers and license. After that my account was immediately blocked. I had to find out everything first and only then deposit money, I rushed without thinking that the firm might be fake. now I know that it is a fraud. I don't know why regulators don't block pentoventures.com or blacklist these scammers.
I really hope these crooks don't have success in scamming people. I am sick and tired of seeing all these fake brokerage companies like Pentoventures that seem good on the outside, but actually engage in fraud and criminal activity. It is because of these types of money transaction fraud organizations that people often associate the forex industry with online fraud schemes and scams. When I tell new friends that I am a forex trader, they laugh, call my activity nonsense and predict that I will lose all my money or get scammed by a broker. And this is despite the fact that I have already earned money for an apartment, and I have an expensive car and capital for my old age. My friends still think that Forex is a fraud. And for this I can blame all scam companies like Pentoventures, which deceive people and defame the reputation of Forex.
Not a single trade goes through here without a “special” huge commission!!! Friends, avoid this site, don't waste your dollars on this scam!
If you want to earn steadily and easily withdraw the earned profit, choose the company for cooperation carefully. The broker should be reliable and have an impeccable reputation. Cheap website and anonymity of the PENTOVENTURES team do not correspond to the concept of a reliable company.