PandaLife130 Ltd claims to be registered in Ireland and regulated by the Central Bank of Ireland, but this is not documented. In addition, the company positions itself as a leading global resource for online brokerage services with its head office located in Geneva, Switzerland. However, there are no facts about the company’s life on the website’s “Our History” page, including no date of its founding. As for the domain, it was only registered in December 2023.
Should you entrust your funds to this company? We will take a look at the main characteristics of this platform and assess its reliability.
Trading Conditions
PandaLife130 offers its clients a MT4 Margin WebTrader terminal. The trading platform can be accessed from any desktop browser or mobile device, regardless of the type of operating system. Users can trade Forex currencies, CFDs on precious metals, stocks, energy, cryptocurrencies.
PandaLife130 has developed 2 groups of accounts – 5 tariffs for beginners and 2 for advanced traders. All trading plans are structured by minimum deposit amount. You can choose the functionality from the following options:
- BASIC from $5,000 – Leverage 0, Access to 300 assets, Contract size 1 lot = 10.
- BRONZE from $25,000 – Leverage 1:10, Access to 800 assets, Contract size 1 lot = 100.
- SILVER from $50,000 – Leverage 1:50, Access to 1000 assets, Contract size 1 lot = 100.
- GOLD from $75,000 – Leverage 1:100, Access to 1,300 assets, Contract size 1 lot = 100.
- PLATINUM from $100,000 – Leverage 1:200, Access to 1,500 assets, Contract size 1 lot = 100.
- VIP from $125,000 – Leverage 1:200, Access to 1,500 assets, Contract size 1 lot = 100.
- Savings Account from $150,000 – Leverage 1:200, Access to 1,500 assets, Contract size 1 lot = 100.
Narrow spreads are available to all clients, and the minimum order size is 0.01 lots. PandaLife130 currently offers 35 cryptocurrencies, for some reason assuring clients of the benefits of Swiss security. The site’s interface supports English and French. You can use the contact form to quickly connect with the support operators.
FAQ
Would investing in PandaLife130 offer the best returns?
You risk losing funds if you start cooperating with this company. This is dangerous CFD trading with a leverage 1:200, although its maximum allowed size is 1:30 in Europe, since with its increase the risk of losing funds increases many times.
Does PandaLife130 carry out withdrawals?
It is unlikely that you will be able to withdraw funds from this platform. The broker does not disclose the conditions of withdrawal of money by clients, does not indicate the size of commissions and fees, and does not even publish the text of the Terms and Conditions on the site. Users complain in reviews about the impossibility of withdrawing deposits, you can also share your experience.
May I be scammed on panda-life130.com?
Yes, there are many signs of fraud, in particular, the broker has no license, very bad website design, and a fresh domain. The information about the company's registration in Ireland and regulation in Switzerland is not confirmed by certificates and other legal documents.
What's the best way to share my experience with panda-life130.com?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.
7 reviews about PandaLife130