Platinumphoenixlimited.com is a contract-for-difference (CFD) broker website that registered its domain on October 17, 2023. This broker primarily provides investment services in markets such as forex, cryptocurrencies, energy, commodities, precious metals, stocks, and bonds. It does not offer services to countries and regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the broker's website, Platinumphoenixlimited.com is registered in New Zealand under the company named PLATINUM PHOENIX LIMITED, with a company registration number of 1943229. Furthermore, the broker claims to have certifications from international business companies in the USA and UK and to be regulated by the Australian Securities and Investments Commission (ASIC).
Upon investigation, no regulatory information for "Platinumphoenixlimited" was found in the ASIC database. Similarly, the Financial Markets Authority (FMA) of New Zealand has no records of PLATINUM PHOENIX LIMITED being regulated. Additionally, the broker's website contains images of certifications from international business companies in the USA and UK, but these images are not accessible.
Therefore, Platinumphoenixlimited.com is essentially an unregulated scam broker website.
Account Opening Process
The account opening process at Platinumphoenixlimited.com involves visiting the broker's website, clicking on "Register Account" or "Open Account" at the top right of the webpage, filling in personal information like name and email, setting a login password, and submitting the form. The account is successfully registered after verification.
Investment Plans
Platinumphoenixlimited.com offers eight different types of investment plans: Basic plan, Promo Plan, Standard plan, Expert plan, Ultimate Plan, Oil and gas pro plan, Real estate pro plan, and Long Term Invest (staking).
Basic plan:
- Minimum deposit: $100
- Maximum deposit: $1,999
- Expected profit: 2% daily
- Duration: 7 days
Promo Plan:
- Minimum deposit: $8,000
- Maximum deposit: Unlimited
- Expected earnings: 8% daily
- Duration: 4 days
Standard plan:
- Minimum deposit: $2,000
- Maximum deposit: $7,499
- Expected profit: 2.5%
- Duration: 7 days
Expert plan:
- Minimum deposit: $7,500
- Maximum deposit: $49,999
- Expected profit: 3.5%
- Duration: 10 days
Ultimate Plan:
- Minimum deposit: $50,000
- Maximum deposit: Unlimited
- Expected profit: 5%
- Duration: 20 days
Oil and gas pro plan:
- Minimum deposit: $25,000
- Maximum deposit: $100,000
- Expected earnings: 10% daily
- Duration: 25 days
Real estate pro plan:
- Minimum deposit: $75,000
- Maximum deposit: $200,000
- Expected profit: 25%
- Duration: 40 days
Long Term Invest (staking):
- Minimum deposit: $10,000
- Maximum deposit: Unlimited
- Expected profit: 10-30% daily
- Contact customer service for more information
Trading Platform
Platinumphoenixlimited.com offers a proprietary trading platform to its users, but no download link is provided on the website.
Deposits and Withdrawals
Platinumphoenixlimited.com does not specify the supported deposit and withdrawal methods on its website.
Conclusion
Traderknows reminds investors that Platinumphoenixlimited.com is a fraudulent broker that lures investors with promises of high returns. In reality, it has no regulatory oversight, and the only contact method is through email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
