Panda-ST: customer reviews about the company in 2022

Being a customer of Panda-ST, the first impression may be positive. The company claims to operate in accordance with European legislation and aims to help clients increase their capital. At the moment, there are no reviews about this intermediary neither in the Russian segment of the Internet nor on foreign websites, so traders have to rely only on their intuition and ability to distinguish a scammer from a real broker.

What is known about Panda-ST?

Panda-ST does not disclose its experience in financial markets, but states that more than 2,000,000 people from different countries cooperate with them. This seems doubtful. Checking the domain history of the platform revealed that it was launched on September 7, 2022, which explains the lack of reviews. Some users complain about dishonest service in this company. The phone number with a British code turned out to be fake.

Another phone number intended for Russian-speaking users belongs to spammers. In reviews, many people complain about intrusive calls offering financial services.

Legal basis

The owners of Panda-ST provided inaccurate information in their legal documents. The company’s website lists addresses in Moscow and London, but they turned out to be fake upon verification. The user agreement states that the brand is operated by PANDA ST LTD from Saint Vincent and the Grenadines, which raises suspicions.

Trading conditions

Panda-ST promises to help every investor unleash their trading potential and offers access to various assets such as currency pairs, indices, metals, oil, commodities, and stocks. The broker attracts clients with generous bonuses of up to +200% on account replenishment, offering favorable leverage up to 1:1000, which exceeds permissible norms.

Depositors’ reviews

Currently, there are no reviews from real depositors about Panda-ST on the Internet. This can be used by fraudsters to deceive users. Potential clients should exercise caution and not trust naively.

How do they deceive in Panda-ST?

Novices who need help in trading can become potential victims. Scammers offer mentorship services and suggest installing the AnyDesk program for remote access. Users may face the risk of losing their funds.