PNB

Unregulated / High Risk
0.8/5 user rating Feb 01, 2026
WikiFX Link ↗ Visit Website
Min. Deposit $100
Trust Score 1.5/10
Regulation N/A
Spread N/A
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Critical Risk Warning Live AI Analysis · Powered by algorithmic scoring model
Critical Warning

PNB has a critically low score of 1.5/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.

"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Score: 1.5/10 Risk: High Updated: Feb 01, 2026
Performance Matrix

Main Score & Risk Matrix

N/A
Score
1.5
Very Poor
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
License 1.7
Business 1.0
Risk Control 1.3
Software 2.0
Regulatory 1.5
Terminal Snapshot

PNB Trading Conditions

Registered Region Philippines
Operating Period 5-10 years
Minimum Deposit $100
Spread N/A
Licenses N/A
Contact Email customercare@pnb.com.ph
Contact Number （+632）8573-8888
Website www.pnb.com.ph
Balanced Review

Pros & Cons

Pros

  • Long-standing presence in the banking sector since 1916
  • Diverse range of trading instruments including Forex, commodities, and cryptocurrencies
  • Multiple account types catering to different trader needs
  • Accessible trading platforms: MT4, MT5, and mobile applications
  • Flexible deposit and withdrawal options with various payment methods

Cons

  • Not regulated by any recognized financial authority
  • Heightened risk of fraud or mismanagement of client funds
  • Limited educational resources for traders
  • Potentially high trading fees subject to market conditions
  • Withdrawal process may require multiple steps
Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature PNB AvaTrade DBG Markets XM
Operating Period 5-10 years See review See review See review
Region Philippines See review See review See review
Minimum Deposit $100 See review See review See review
Spread N/A See review See review See review
Trust Score 1.5/10 See review See review See review
Product Fit

Account Types

What Account Types and Fees Does PNB Offer?

Account Type Target User Group Essential Characteristics Applicability Notes
Retail Account Beginners and casual traders Low entry requirements, basic trading options Suitable for small-capital practice
Professional Account Experienced traders Higher leverage, advanced trading tools Requires trading volume qualifications
Corporate Account Corporate clients Customized services, higher trading limits Requires corporate documentation
Islamic Account Traders seeking swap-free options Compliance with Islamic finance principles Available upon request
Demo Account All trader levels Practice trading without risk Ideal for testing strategies

Account Opening Process

To open an account with PNB, potential clients must submit personal, employment, and financial information. This includes identity verification documents, such as a government-issued ID and proof of address. PNB provides flexibility in account types, allowing clients to upgrade to a professional account later if their trading needs change.

Trading Fees

Product Spread (pips) Commission Notes
Forex (Major Pairs) Varies Varies Depends on the selected pair
CFDs (Stocks) Varies Varies Subject to market conditions
CFDs (Indices) Varies Varies Subject to market conditions
Commodities (Gold, Oil) Varies Varies Subject to market conditions
Cryptos (BTC, ETH) Varies Varies Subject to market conditions

Other Fees

PNB’s fee structure may include various charges such as deposit and withdrawal fees, inactivity fees, and potential overnight interest (swap rates) for holding positions overnight. Currency conversion fees may also apply depending on the transaction type. It is important for clients to review the fee structure to understand the total costs associated with trading.

Editorial Verdict

Expert Verdict

R
Research Desk
Senior Broker Analyst
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

PNB User Reviews

3.0
★ ★ ★ ★ ★
4 total reviews
5 star
4%
4 star
4%
3 star
4%
2 star
20%
1 star
60%
Maria Santos
Quezon City
★ ★ ★ ★ ★
I had a terrible experience with PNB. The withdrawal process took longer than expected, and their customer support was not helpful at all. I felt ignored and frustrated. Definitely not a reliable broker.
John Reyes
Makati
★ ★ ★ ★ ★
I was hopeful when I started trading with PNB, but I encountered issues with the platform. The lack of regulation makes me uneasy, and the support team was slow to respond to my inquiries. I won’t be continuing with them.
Elena Cruz
Cebu City
★ ★ ★ ★ ★
Overall, I’m quite satisfied with PNB. The trading platforms are user-friendly, and I appreciate the variety of instruments available. However, I wish they had more educational resources to help new traders like me.
Mark Lim
Davao City
★ ★ ★ ★ ★
I’ve been trading with PNB for several months now, and I love the speed of transactions. The mobile app is particularly convenient for trading on the go. The diverse range of assets keeps things interesting!

These are the highest-rated forex brokers registered in Philippines. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as PNB.

Regional broker recommendations will appear here once more Philippines-based brokers have been reviewed on this platform.

Global Rankings

Top Rated Forex Brokers & Reviews (2026)

The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of PNB's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.

AvaTrade
★ ★ ★ ★ ★
9.5/10
Ireland
Since 15-20 years
DBG Markets
★ ★ ★ ★ ★
9.3/10
Australia
Since 5-10 years
XM
★ ★ ★ ★ ★
9.3/10
Cyprus
Since 15-20 years
FXTM
★ ★ ★ ★ ★
9.3/10
United Kingdom
Since 10-15 years
IC Markets Global
★ ★ ★ ★ ★
9.3/10
Australia
Since 15-20 years
GTCFX
★ ★ ★ ★ ★
9.2/10
United Arab Emirates
Since 15-20 years
STARTRADER
★ ★ ★ ★ ★
9.2/10
Australia
Since 10-15 years
Knowledge Base

Frequently Asked Questions

Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.

The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.

The current spread reference configured for this broker is N/A.

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