Panthera Trade review – 5 things you should know about

Panthera Trade review – 5 things you should know about

Rating: 1

Beware! Panthera Trade is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


Panthera Trade is an offshore entity claiming to act as an Introducing broker of an equally obscure company, too. Their website is broken and really simple, not suggesting Panthera Trade is a trustworthy company. We observed other disturbing signs, also, which we are going to share with you in the full Panthera Trade review.


Panthera Trade is an offshore company that allegedly originates in St. Vincent and the Grenadines, claiming to be an introducing broker. That’s a big problem for the traders because SVG is an offshore jurisdiction that poorly regulates its financial sector and does not even license or supervise the brokers operating there. The lack of regulation means that the SVG brokers are dangerous to trade with because there is no customer protection guaranteed. An offshore broker may vanish any time soon, leaving the traders with losses that might be impossible to recover.

Panthera Trade also claims to hold NFA license, but our research in the registers produced no results whatsoever. Panthera Trade is misleading the customers, so we need to raise a major red flag here! Your funds are not safe if you deposit with Panthera Trade because it’s an unlicensed and unregulated forex broker, which cannot guarantee the traders’ funds security. We also suspect it’s a scam enterprise, but you’ll see why later in the review.

Forget about Panthera Trade and trade with CySEC regulated (EU) or FCA regulated (UK) brokers instead. The customer protection is placed on top of their priority list, not because they want to, but because they have to. In Europe, the Forex brokers have to comply with many strict rules and regulations, such as minimum capital requirements of 730 000 EUR, personnel qualification standards, segregation of the clients’ accounts etc. All of the regulations mentioned are laid out as customer protection measures, but most importantly, there are money protection schemes in operation in Europe which guarantee the traders’ deposits. Under CySEC(Cyprus) supervision, you can claim up to 20 000 EUR in compensation per client, while in the UK under FCA you are guaranteed of even up to 85 000 GBP per client. Each EU member state is compelled to create and further operate similar insurance funds, which are seen to be the last resort for the traders, in case a Forex broker fails to meet its financial obligations.


Warning! We weren’t able to register due to an unknown error, which is a disturbing sign whatsoever! In fact, they advertise some Forex robot named Autotrade Gold 4.0, which immediately puts them on the list of scam suspects. The automated system mentioned seems to be Indonesian and doesn’t have a good reputation indeed. The Forex robot scam is widespread these days, so beware! You can find more details about it later in the review.

Panthera Trade offers MetaTrader4 to its customers; MetaTrader5 is not available for trading. Not surprisingly, they chose to rely on the most popular Forex trading software in the world, which the seasoned traders prefer because of its stability and ease of use. Metatrader also comes with sophisticated trading tools and features such as Expert Advisors, Algo trading, Complex Indicators and Strategy Tester, to name a few. They also created a marketplace where the customers can find more than 10 000 apps at the time of writing.

The spreads are said to be as low as 0.1 pips, but we cannot confirm this statement as valid. We downloaded the Lego Market MT4 modification but were able to create only a demo account through. The spread is the price traders have to pay to open a position on the market, and the lower Buy/Sell difference make trading more affordable at the same time improving the profit potential.

Panthera Trade says to provide a maximum leverage of 1:1000, which is an insane level the traders should never use. The leverage is a powerful financial tool that allows the traders to multiply the size of their positions, but it massively increases the risk. 1:1000 can cause utter losses in seconds because the margin call level with such a ratio is no more than 10 pips from the opening price. A tiny move in the wrong direction would instantly trigger a margin call. It might as well bring the balance to zero, or even below because an unregulated offshore broker such as Panthera Trade is not obliged to provide Negative balance protection for the customers.

EU, UK and Australia (from 2021) forced a leverage cap on the market- 1:30 as a customer protection measure while Canada and the US agreed on 1:50. Brokers offering higher ratios are not recommended due to the absence of adequate regulation and customer protections. The Swiss brokers are an exception as there aren’t leverage restrictions imposed, but Switzerland has its own way to protect the traders from the scam- a license cost 20 mln. Swiss Francs (roughly $22.6 mln. at the time).


The minimum initial deposit is said to be $10, which is not so bad because the traders have the opportunity to test the broker in a real environment with less money at risk. The regulated brokers’ standard is $100 on average. We found no information about the funding methods and that certainly undermines their credibility once again.

Warning! There is no legal document to serve as a contract between both parties such as T&Cs, User Agreement, Client Agreement, Disclaimer etc. It makes Panthera Trade an illegal broker to trade with, but also leaves the traders unaware of critical conditions applicable when dealing with Panthera Trade. So, as a result, there is no information about minimum withdrawal requirements, request processing time, withdrawal fees, inactivity fees, refund policy, bonuses if apply etc. Beware!

Overall, Panthera Trade is an offshore entity with the broken website lacking critical information about the pro. They do not even have their own T&Cs, which is a major red flag and a solid argument to stay safe and avoid Panthera Trade.


Anonymous offshore companies stand behind many fraudulent brokers. Jurisdictions such as the Marshall Islands, the Commonwealth of Dominica or St. Vincent and the Grenadines fail to adequately regulate their financial sectors and the three mentioned do not even issue Forex broker licenses. It makes it easy for scammers to quickly incorporate companies there and begin to unlawfully sell Forex products and services on regulated markets such as the Europen, American or Australian ones. Lack of regulation equals lack of customer protection and safety, so even if the broker is not ill-intentioned, the traders remain vulnerable. That’s why you should always avoid offshore brokers, regardless of the promises made by them.

Forex robots are advertised to “make money for the traders, while they are sleeping” and actually way too many people are ready to spend thousands on such systems. Acknowledged with it, the scammers quickly step up to introduce unbeatable strategies and trading robots to the people, and the Internet is full of such offers indeed. Needless to say, the Forex robots developed by scammers are everything else but profitable. The fraud usually become complex because while the scammers promise ultra-profitable trading robots, they make people open an account with some of their scam brokers. In such a case traders once pay for scam robots and then lose even more money when they deposit with scam brokers. We have to warn the traders that most of the robots have limited potential because these cannot take into account a variety of events bearing the potential to distort the markets, such as news releases and political issues. Cheap systems at the cost of a few hundred dollars are unreliable and might as well be a scam, so beware.


Unfortunately, no one is immune to scam. What you need to do first, in case you got scammed, is to protect yourself from further risks. Contact your bank and explain to them your situation, they will give you necessary instructions to follow and will help you, if possible, recover your money.

Report what happened to you, file a complaint, contact the financial regulator, contact other government institutions related to trading and investing, call the police if you feel necessary. Seek help actively!

It’s crucial not to rush blindly trying to recover your funds because many scam recovery agencies and individuals are stalking, aiming to double scam the victims. They ask for an advanced payment, but do nothing to help you recover your losses and simply pocket the money you’ve sent!

Share online your experience; it’s important to protect others, as well. Be responsible!

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite
UK, Cyprus, Belize4.94/5$5 Click for a special offerWebsite
Australia, Cyprus4.93/5$100 Click for a special offerWebsite
Cyprus, SVG4.8/5$100 Click for a special offerWebsite


  1. I can help you make an account on Panthera trade. your problem might be with the referral code. in this case, you can type “IB1”, which is the official referral code I used to open an account.

    1. HI Mr. Arief, are you using Autotrade 4.0 gold trading BOT ?

    2. Yes, it was discovered that Ponzi was sir… why do we have to enter the IB number… we trade for profit… not take other people’s money trading… the MLM impression is very strong..
      Ya ketahuan Ponzi nya pak…kenapa harus masukkan no IB…kita trading mencari profit…bukan mengambil duit orang lain yg trading…kesan MLM nya sangat kental..

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