PNG Group Review – Pngroup.net – Is PNG Group Scam or a Dependable Broker?
PNG Group Review
As the rate of cybercrimes on trading websites is increasing many online traders are now becoming more and more conscious of their safety. They want a platform that takes effective cybersecurity measures to protect their data as well as funds. So, to look for this need of today’s traders I thoroughly analyzed the security features of many trading platforms but found only a few of them considerable. In my PNG Group review, I will talk about one of the trading platforms that I found safer and more reliable when it comes to both funds and data.
I will go over various cybersecurity aspects of the PNG Group broker platform to see how well-secure it is for modern traders. So, without further delay, let’s review the different security-related features of this online platform and see whether it provides a safe experience or not.
Segregated Accounts for Keeping Funds
To kick off my PNG Group review, I will talk about how this digital broker platform keeps its users’ funds safe from the risk of theft, exploitation, or misuse. Day by day, traders are getting more worried about the safety of their funds. Most trading platforms aren’t transparent to their users about how they keep their funds, therefore making traders worried about the protection of their money. However, this is not the case with the PNG Group trading platform as it is totally transparent to its users about how it keeps their funds.
This trading platform has created separate bank accounts in which it keeps users and its own money. It puts traders’ money in a segregated account, keeping them separate from platform funds. This gives the user peace of mind as they are assured that their deposits are protected from getting stolen or misused.
Verified Modes of Payments
This is another security step that the PNG Group broker platform takes to prevent traders’ money from getting into the hands of bad actors. It offers only verified modes of payment to make sure all the transactions are processed safely. It offers various verified digital payment options like different EWallets, credit cards, and debit cards that traders can use to make secure and fast transactions.
Traders can also use their VISA and Mastercard. Bank wire transfer is another safer and more reliable option available, but it takes a longer time. Through these verified payment methods, it is made sure that all the transactions, whether deposits or withdrawals are held safely.
Employment of SSL encryption Protocol
To protect traders’ data from getting the reach of hackers or cybercriminals PNG Group trading platform encrypts it into long combinations of alphanumeric codes. It specifically employs the use of SSL protocol, which stands for Secure Sockets Layer. This advanced security protocol is used by many digital platforms to protect users’ data from the risk of theft or exploitation.
Using this advanced encryption protocol, this broker platform safeguards traders’ personal and financial data from the reach of bad actors. You can view this platform’s SSL certificate once you visit it to reassure yourself that it encrypts and protects users’ confidential data.
2-Factor Authentication
Lastly, the PNG Group broker platform uses another effective cybersecurity protocol to minimize the chances of data theft or exploitation. It employs the 2FA protocol, which requires users to complete two verification steps when logging into their trading account. It requires them to give another identifiable proof besides entering their account password. This second step may include entering any credential like their phone number, email ID, bank account number, ID number, etc.
Through this two-step verification, it is ensured that the user accessing the account is a real trader and not a bad actor trying to hack the trader’s account. The employment of 2-factor authentication prevents traders’ accounts from any authorized access, reducing the chances of identity or data exploitation.
Is PNG Group Scam or Legit?
In this part of my review, I will discuss some other features I noted while reviewing the PNG Group trading platform. This platform offers a wide range of trading accounts that go from basic to mid-tier to premium. It also offers an array of asset classes such as stocks, indices, forex, commodities, crypto trading, and many more. Considering that it verifies each user who signs up as a trader as per its strict Know Your Customer policy this platform seems pretty legit.
Conclusion
In a nutshell, my PNG Group review is designed to show this broker platform’s dedication to giving users a safe experience by employing strict cybersecurity measures. It keeps traders’ funds in a separate account ensuring it is safe from any chances of theft or misuse. It only offers verified modes of payments to make sure all the funds are transacted safely. To protect traders’ personal and financial data from the risk of breaches, it specifically employs SSL encryption protocol. It also uses 2-factor authentication to ensure the trader’s account is safe from any unauthorized access minimizing the chances of data or identity theft or exploitation.
