247 ProTrade Review : Fees, Pros and Cons, Reviews by Real Traders

247 ProTrade

Operating status: SCAM

Website: https://www.247protrade.com/

Broker violations and abnormal records

Feb 27, 2022 The CONSOB Added 247 ProTrade into Its Warnings
On 28 Feb 2022, the CONSOB issued a warning that 247ProTrade has not been authorized to provide investment services, you may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

On 28 Feb 2022, the CONSOB issued a warning that 247ProTrade has not been authorized to provide investment services, you may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela
Mar 08, 2022 BrokersView has reviewed that 247 ProTrade is an unregulated forex broker
247 ProTrade is an obvious fraud for two main reasons. First, this broker has neither company addresses nor regulatory info on the website. Investors should beware of such brokers as lacking the above information is a distinctive characteristic of an unlicensed broker.
Second, The Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that 247 ProTrade is not authorized to provide forex investment and services, investors should not invest their hard-earned money into this fraud. In other words, investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

247 ProTrade is an obvious fraud for two main reasons. First, this broker has neither company addresses nor regulatory info on the website. Investors should beware of such brokers as lacking the above information is a distinctive characteristic of an unlicensed broker.Second, The Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that 247 ProTrade is not authorized to provide forex investment and services, investors should not invest their hard-earned money into this fraud. In other words, investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
Jul 10, 2022 The Spain CNMV Added 247 ProTrade into Its Warnings
The Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that 247 ProTrade is not authorised to provide the investment services. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

The Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that 247 ProTrade is not authorised to provide the investment services. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
Oct 16, 2025 BrokersView has identified that 247 ProTrade's website is currently offline
BrokersView found that the domain "https://www.247protrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://www.247protrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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