ANSWER No, PINNACLE ASSETS is unreliable.While having an address in the UK, PINNACLE ASSETS fails to seek authorization from this country's financial watchdog, the Financial Conduct Authority (FCA). Thus the FCA, in order to warn the public of the risks involved, has issued a warning against PINNACLE ASSETS, pointing to its fraudulent activities. You can refer to here for the full warning.Therefore, PINNACLE ASSETS is a scam broker and BrokersView strongly suggests investors avoid the platform. Once funds and personal information are held by the scammer, there are no rules in place to safeguard them. To mitigate such risks, it is better to choose a fully regulated broker instead.
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