High Risk
Reported as a scam / unregulated
SF-704026registry entry
Why PNP Markets is on the register
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.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.