PivotBroker.com Review: False Promises and Trader Deception

[ArtemMit]

In the world of online trading, it's easy to fall for slick-looking but fraudulent platforms. PivotBroker.com presents itself as a reliable Forex broker, but behind the polished facade lie serious issues. After examining user reviews, working conditions, and legal information, we came to the conclusion: PivotBroker.com is an unreliable and potentially fraudulent company.

Lack of License and Anonymity

One of the most alarming red flags is the absence of a license from any regulatory authorities (FCA, ASIC, CySEC, etc.). The broker's website does not provide a legal address, the name of the managing company, or jurisdictional information. Anonymity is a common trait of scammers trying to avoid responsibility.

Numerous User Complaints

Users on forums and in reviews report schemes typical of scammers:

• Refusal to withdraw funds without explanation.
• Manipulation of charts and trading conditions.
• Aggressive "managers" pushing for repeated deposits.
• Bonuses with "traps" that block withdrawals.

Complaints about PivotBroker.com regularly appear on platforms like Trustpilot and specialized forums.

Transparency Is Missing

The PivotBroker.com website lacks essential documents required for legal brokers:

• User Agreement.
• Privacy Policy.
• Risk Disclosure.

Without these documents, a client cannot fully understand what they're agreeing to. This is a typical sign of a fraudulent platform. Additionally, the broker provides no information about partner banks, payment processing channels, or how client funds are stored. This makes any dealings with PivotBroker extremely risky.

What to Do If You've Already Deposited Funds?

If you've already transferred money to a PivotBroker.com account and encountered a refusal to withdraw funds, you may be entitled to a chargeback. This is a procedure for refunding money through the issuing bank of your card, applicable in cases of fraud or substandard financial service. To increase your chances of a successful refund, it's recommended to collect all evidence of communication with the broker: screenshots of chats, transaction statements, the agreement (if provided), and rejection emails. It's also important to contact your bank as soon as possible, since different payment systems have time limits for filing a chargeback—usually between 60 and 120 days from the transaction date.

Read more in our article about who has the right to a chargeback and in which cases it is possible.

Conclusion on PivotBroker.com

Based on the analysis of available information, we can confidently say: PivotBroker.com is a broker that cannot be trusted. Do not fund your account or share personal data. If you've already fallen victim—start the refund process as soon as possible.

If you have been scammed, contact us at [email protected]