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MEGA PROFX TRADING
Operating status: SCAM
Website: https://megaprofxtrading.com/
Broker violations and abnormal records
On January 15, 2025, the Financial Conduct Authority (FCA) issued a warning against MEGA PROFX TRADING, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/mega-profx-trading
On January 15, 2025, the Financial Conduct Authority (FCA) issued a warning against MEGA PROFX TRADING, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/mega-profx-tradingMEGA PROFX TRADING appears to be relatively new, with its domain name just registered in June 2024. The company claims to be licensed by a non-existing authority, SIC, to mislead unwitting investors. It offers a physical address in the US, which is associated with a real American company. However, our investigation suggests no connection between the genuine company and MEGA PROFX TRADING. MEGA PROFX TRADING also purports to have a branch in the UK, but the British major financial authority, Financial Conduct Authority (FCA), has issued a warning about the platform for the lack of the required authorization.
In essence, MEGA PROFX TRADING is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. MEGA PROFX TRADING appears to be a scam.
MEGA PROFX TRADING appears to be relatively new, with its domain name just registered in June 2024. The company claims to be licensed by a non-existing authority, SIC, to mislead unwitting investors. It offers a physical address in the US, which is associated with a real American company. However, our investigation suggests no connection between the genuine company and MEGA PROFX TRADING. MEGA PROFX TRADING also purports to have a branch in the UK, but the British major financial authority, Financial Conduct Authority (FCA), has issued a warning about the platform for the lack of the required authorization. In essence, MEGA PROFX TRADING is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. MEGA PROFX TRADING appears to be a scam.BrokersView found that the domain "https://megaprofxtrading.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://megaprofxtrading.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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