Pinnacle Trades Net has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Pinnacle Trades Net
22698 Madrone St, Hayward, CA 94541
USA
Telephone: +19143983153 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.pinnacletradesnet.com.
I am in a dispute with Pinnacle Trades Net over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Comprehensive tools|Low minimum deposit
Cons: No live chat on mobile
I joined Pinnacle Trades Net based on a colleague's recommendation 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: Automated trading options|Customizable dashboard
Cons: Desktop app not available on Linux|Minimum deposit could be lower
I invested $15,000 with Pinnacle Trades Net after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Finansinspektionen.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
After using Pinnacle Trades Net since early this year, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Demo account available|Easy to use platform|Multiple order types|Clean UI
Cons: No live chat on mobile|Could offer more webinars
After seeing ads for Pinnacle Trades Net online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Finansinspektionen. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Flagged by Finansinspektionen|Cannot verify credentials
Where do I even begin with Pinnacle Trades Net? since I retired last year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Dividend tracking|Multi-currency support|Real-time alerts
Cons: Wait times can be long during peak hours
Pinnacle Trades Net seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Social trading features|High security standards|Professional team|API access
Cons: Wish they had more educational resources
I have been trying to close my account with Pinnacle Trades Net for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: High security standards|Regular updates|Clear documentation|Wide product range
Cons: Some tools only available on higher tiers
The so-called education at Pinnacle Trades Net is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since the beginning of the year thinking they would help me learn.
Pros: Great customer service|Low minimum deposit|Demo account available
Cons: Onboarding videos are outdated