Antos Pinnacles Review – Licensed, But Without Any Protection

Antos Pinnacles broker operates in the market since 2019. The ownership belongs to Antos Pinnacles Ltd, a company registered in Malaysia. With clients mainly coming from neighboring countries, they managed to expand their network widely.  

However, very few details are revealed about user experiences. Therefore, you can only rely on some facts that we are presenting in this detailed Antos Pinnacles review.

Legal info: Is Antos Pinnacles Legit?

Generally speaking, yes. They have a registered office in Malaysia and the company is listed in LFSA ( Labuan Financial Services Authority) register. However, the main regulator in Malaysia is the Securities Commission, where they don’t have any licenses. Neither do they have a license from Singaporean MAS.

After all, everything would be acceptable if they have any other Tier 1 license, such as, FCA, BaFin or ASIC. But another disappointment comes once you realize they don’t. Instead, there are many protections you can enjoy, but for that, you have to check our AMP Global review.

Who are Antos Pinnacles’s clients?

Most clients are coming from a few countries. It’s not rare that Asian companies target Asian countries. In this case, mostly: 

• Malaysia
• Singapore
• Indonesia

With their presence since 2019 and no practically no reviews from other traders, it’s hard to determine their legitimacy. Let us know about your experience with this broker. Of course, if you had any funds-related issues our expert team is available for consultation.

Fees, Leverage, Commission and Spread with Antos Pinnacles

Strangely, even with regulations, the company offers leverage of 1:200. It can be quite a risky environment, especially for inexperienced traders. On top of that, the company doesn’t have negative balance protection. This might get you into a big debt.

Spreads are starting from 0 pips for VIP accounts, but it will rarely match the minimum. The commission is a classic rip-off and costs $10 for ECN and VIP accounts. Other trading fees are not disclosed by the company.

         Bonuses

On the positive side, the company doesn’t offer a welcome bonus. However, there’s a partnership program where you can earn a commission for recommending the broker. Yet, specific conditions are not disclosed.

Antos Pinnacles Trading Features

With the available MT5 platform, the company definitely gains credibility. However, these conditions offered are quite costly. Sadly, with such good software, they don’t offer crypto assets.

         Is Antos Pinnacles legit?

In fact, Antos Pinnacles is not regulated by Tier 1 authorities. Not even domestically main one which is the Securities Commission of Malaysia. Therefore, the protection you can enjoy is similar to those offshore regulations.

The company doesn’t provide segregated bank accounts for deposits, negative balance protection or compensation funds. Unlike some other Tier 1 licensed brokers. For example, you can check our Fortrade Review to find out more.

         Available Trading Assets

In general, the instruments offer is quite solid. Except for the missing cryptocurrencies that are highly popular. Anyway, you can choose from: 

• Forex            GBP/USD, EUR/HKD
• Commodities gold, silver
• Indices          ASX200, Nikkei225
• Shares          Alibaba, Sony

         Account Types

With Antos Pinnacles broker you can choose between 3 account types. Even though they require $1000 for the cheapest option, the minimum deposit starts at $100. The options are: 

• Standard       $1000
• ECN             $1000
• VIP               $10000

         Mobile Trading App

Overall, Meta Trader 5 has dedicated mobile apps for iOS and Android devices. It became a mandatory thing for traders because many like to trade remotely. Most importantly, all the features available on the desktop version are available there as well.

         Demo Account

On the positive side, the company offers a demo account. It’s a standard part of the MT5 package. So, if you like playing with virtual funds you can test them out. But don’t get too greedy because it will affect your real money investments.

         Education

As for education, the company only provides articles on its website regarding trading. However, there are no live training or webinars available. Thus, there are a few technical tools that you can use to improve your results. Such as AI Screener and Smart Score.

Antos Pinnacles Withdrawal

Considering the fact that this broker is not Tier 1 licensed you can expect potential issues there. Primarily, because the company uses only hardly reversible funding methods, such as wire transfers, USDT, FPX and ePay. According to the company, there are no withdrawal fees except for Tehter transfer. That way, it would cost you 1% of the amount.

However, there is a discrepancy in their funding methods. They claim to accept credit/debit cards as well. And yet, for a withdrawal, you can get out only the amount that you deposited.

Customer Support

Customer service rating remains unknown due to missing reviews. However, the company offers multiple contacting options including phone number and e-mail. But also, you can get in touch via web form or social media.

But, the company doesn’t reveal working hours. Therefore, you might expect delays in the response.

Key Information To Consider About Antos Pinnacles?

The first thing you notice is that you can’t enjoy much protection. There are no segregated bank accounts for deposits which are the top priority. Without it, the company can move the money freely. On top of that, the company doesn’t have any Tier 1 licenses. Also, they offer services to people from Singapore even though they reveal they don’t have a license of MAS.

Considering all the facts, you can expect a variety of issues. Instead, you can avoid headaches from the broker with better licensing and lower costs. But if your money is stuck somewhere and you can’t get it out, contact our team for assistance today!

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