✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Petron Capital is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Petron Capital and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitepetron-capital.com
🏠 Company*Petron Capital
RegulatoryNot regulated
📧 EmailDoes not have (contact from web form)
📈 LeadingMetaTrader 5
📌 Direction532 SAHAA OFFICES B 41. SOUK AL BAHAR DOWNTOWN DUBAI, DUBAI, UAE
🕑 Website ageWebsite registered on: October 4, 2022
Company typeBroker for cryptocurrencies, CFDs, metals, stocks, indices and raw materials

Company: Petron Capital is owned by Petron Capital.

Location: Petron Capital mentions being located in the United Arab Emirates, a location that is totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

We can already tell you that we are concerned about several characteristics of this company.

What is Petron Capital?

After having carried out an analysis of the company's website, we can say that Petron Capital is a cryptocurrency, CFD, metals, stocks, indices and commodities broker.

Account types

The company does not provide information about having different types of accounts.

Information on the web

Petron Capital website

Here we show you a screenshot of the Petron Capital website, which is petron-capital.com. The capture was made in November of 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

This company does not provide any contact details; No email or phone number. What does this mean? That a company does not provide contact information is a very bad sign. Imagine that you have a problem or complaint and you have no way to contact them. It sounds really bad, doesn't it?

Petron Capital Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Petron Capital Final Valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Petron Capital and we have reached the following conclusions about this company:

Location: They mention being located in a VERY UNSAFE location

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

Please remember that the company has been reported by different financial regulators (in this case CNMV, the Spanish regulator). Use EXTREME CAUTION.

Warning about Petron Capital Broker:

It is necessary to resort to extreme caution when considering participation in the broker Petron Capital. One of the main concerns it raises is the company's location in the United Arab Emirates, a region known for its lack of strict financial regulations, which could expose client funds to significant risks. Furthermore, the absence of terms and conditions of use as well as a privacy policy on the website raises serious concerns about the transparency and security of personal data. Before making any investment with Petron Capital, it is recommended to conduct thorough research and consider more regulated and transparent alternatives to protect your financial assets and data.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Petron Capital video review

Updates

News about Petron Capital:

Date Update – news
November 2023Complaint against Petron Capital financial regulator CNMV

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”7760 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Petron Capital.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Petron Capital

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Petron Capital

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Petron Capital?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Petron Capital?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Petron Capital trustworthy?

No. Petron Capital is not trustworthy, it is a very unsafe company: 1) It is registered in a very dangerous area 2) It does not have any type of regulation 3) The site is relatively new, which may indicate a lack of experience.

How to recover money from Petron Capital?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

54 comments on «Petron Capital: Opinion and comments – Is it a scam?»

  1. Walter Reply

    Hello, I have investments in Petron Capital and they stopped calling me to make investments. I sent them an email and they didn't respond to me in the account. I have about 17000 dollars in Novared Live and I don't know how to recover my capital.

    • Recommended-brokers.com Reply

      Hi Walter, thanks for writing about Petron Capital. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

  2. Samuel Reply

    I was looking for recommendations about Petron Capital and I came here...I don't see good comments...so I better not put money there

    • Recommended-brokers.com Reply

      Hello Samuel, no, don't get involved, you will waste your money and your time.

      Greetings.

  3. Isidro Reply

    My experience with Petron Capital tells me that they are highly trained scammers, there is no chance that you will get your money back, no matter the amount, once transferred you will never get it back. I DO NOT RECOMMEND, They have set up market simulator software, supposedly only you can operate your account, until you want to withdraw, then you lose control of everything.

    • Recommended-brokers.com Reply

      Hello Isidro, thank you for writing about Petron Capital. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

    • Recommended-brokers.com Reply

      Hello MAU, having already seen what happens, you have saved yourself from being scammed. Thanks for writing about Petron Capital. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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