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Updated on January 10, 2024

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Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding Pearson Investments due to the issues we've identified.


Is Pearson Investments Scam or Legit Broker? ▲

Engaging with Pearson Investments poses a significant risk to traders due to the absence of any formal licensing, leading us to suspect fraudulent activities. The brokerage asserts its presence in China and Hong Kong. However, financial entities operating within Hong Kong are mandated to obtain authorization from the Securities and Futures Commission (SFC). Pearson Investments fails to meet this crucial requirement, engaging in unauthorized operations.


Registered in: No Registration

Type of License: No License

Is Pearson Investments safe to trade: No

Recommended Licenses: FCA in UK & ASIC in Australia


This lack of licensure is a red flag for potential investors, signaling the potential for scam activities. The SFC's Alert List has included Pearson Investments, indicating its unlicensed status in Hong Kong and suggesting a disconnect between its claimed and actual locations. Furthermore, the Australian regulatory body ASIC has issued warnings against the broker for attempting to offer services to Australian residents without the requisite licensing.


What is Pearson Investments? ▲

Pearson Investments claims to be a brokerage firm with roots in China and Hong Kong since 1978, presenting itself with a boutique-style reputation and offering an array of financial services. Despite proclaiming its incorporation under Hong Kong law and asserting its independence, the firm falls short of the legal requirements for operation within the region. Every financial investment company in Hong Kong must secure authorization from the SFC, a criterion Pearson Investments does not fulfill. The firm's inclusion in the SFC's Alert List for unlicensed operation in Hong Kong underscores the disconnect between its claims and regulatory compliance. Moreover, ASIC's warning about Pearson Investments' unauthorized solicitations to Australian residents further casts doubt on the legitimacy and safety of engaging with this broker.


Conclusion ▲

Our analysis leads us to strongly advise against trading with Pearson Investments or similar unregulated entities. The absence of regulatory oversight exposes traders to undue risk, including potential scam operations. For those seeking to invest in the forex market, we recommend opting for brokers regulated by reputable authorities such as the FCA in the UK or ASIC in Australia. Such regulated entities offer a layer of security and reliability that Pearson Investments fails to provide. It is crucial for investors to conduct due diligence and choose brokers with a proven track record of adherence to regulatory standards.


Pearson Investments Update:

Further research revealed that the Pearson Investments website is no longer operational, indicating a cessation of its trading services. Although the broker appears to have halted its operations, we urge investors to remain vigilant and avoid engaging with any proposals that may emerge from this entity.


When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.

Pearson Investments

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare Pearson Investments with its peers

Pearson Investments

IG

Swissquote

Ranking

Is it safe?

Advantages

None

No

Low Fees

Yes

⭐⭐⭐⭐⭐

Education

Yes

⭐⭐⭐⭐⭐

Compare Pearson Investments with its peers

Pearson Investments
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In a Snapshot

Name: Pearson Investments

Website: www.pearson-investments.com

Reason to avoid: No License

Date: November 12, 2018

⚠️Caution: Pearson Investments operates as an unregulated broker, making it UNSAFE for trading activities.⚠️

Pearson Investments Review 2024

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