Cryptocurrency Exchanges

Pcex

1.3 (12 reviews)
🇳🇿 New Zealand
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1.3
12 reviews
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About Pcex

Pcex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Market...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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No way to escalate complaints

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Amber T.
2 days ago

The spread at Pcex is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after reading several online reviews and initially thought the platform was good - until I started trading seriously.

Pros: High security standards|Clear documentation|Easy to use platform|Comprehensive tools

Cons: Email notifications too frequent

No phone number that works

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Liam G.
1 months ago

Do not use Pcex for anything serious. I used them for over three years for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Good analytical tools|Transparent fees

Cons: Cannot customize dashboard fully

Checked with regulators - they're not licensed

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Nathan J.
2 months ago

After seeing ads for Pcex online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Check regulatory status before investing

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Nathan M.
4 months ago

I looked into Pcex and found they appear in the regulatory warnings database. Financial Markets Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Frustrating from start to finish

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Michelle S.
4 months ago

I joined Pcex through a forum discussion and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Dedicated account manager|Segregated accounts

Cons: Slow to add new assets

Horrible from beginning to end

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Heather A.
4 months ago

The only good thing about Pcex is that they remind you why regulation matters. I found them after doing extensive research. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Segregated accounts|Dedicated account manager|Multi-device support|Good mobile app

Cons: Spreads widen during volatile periods

Account restricted after profit

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Rachel J.
7 months ago

The hidden fees at Pcex are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Copy trading available|Personal attention

Cons: Cannot customize dashboard fully|No crypto staking

Joint account not supported

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Dean G.
8 months ago

Opened my account with Pcex after comparing multiple platforms and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Copy trading available|Smooth onboarding

Cons: Would like more payment methods|Limited demo account features

The fine print will get you

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Marcus K.
9 months ago

Pcex offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

Pros: Detailed reporting|Fast execution

Cons: Withdrawal takes 1-2 business days

Stay far away from this company

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Richard L.
10 months ago

I was contacted by Pcex through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: Blocked my account|No legitimate license|Fake returns