PRB Securities is pinned to our watch chart for a reason. When our cartographers traced the operation, the trail lined up with an official warning record rather than with any verifiable licence.
What the chart shows
PRB Securities purports to have been in operation since 1995, boasting an alleged history of over 24 years under the regulation of the Securities and Exchange Board of India (SEBI). The broker's website advertises services for forex trading. However, it's important to note that there are no specific regulations for the forex market in India, and SEBI licenses Stock brokers in the Currency Derivative segment, not Forex brokers or Forex trading activities. While we discovered a licensee with a name identical to PRB Securities, the records from SEBI are insufficient to confirm if this license is indeed associated with PRB Securities. Contradicting the license's validity date and the broker's claimed history, the domain name prbsecurities.com was first registered in November 2011. Even if this license were linked to PRB Securities, it's crucial to understand that as a forex broker, it would remain unregulated due to the lack of relevant regulations in India.
Red flags on the map
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
If you have funds with PRB Securities
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.