ANSWER Dear Investor,
PINAKINE is not a secure broker as it does not hold a valid financial licence.
PINAKINE claims to operate as Pinakine Liquidity, which is registered in Saint Lucia. While we can confirm that there is a company named Pinakine Liquidity Limited registered with the Saint Lucia International Financial Centre (IFC), this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licenses forex trading activities.
Furthermore, PINAKINE does not disclose any licensing information. It is clearly not licensed by any recognised financial authority. This is a major red flag indicating that it is a fraudulent operation. We therefore strongly advise you to avoid trading with PINAKINE to protect your funds.
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