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PRIDETRADEHUB
Operating status: SCAM
Website: https://www.pridetradehub.com/
Broker violations and abnormal records
On June 11, 2024, the Financial Conduct Authority (FCA) issued a warning against PRIDETRADEHUB, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/pridetradehub
On June 11, 2024, the Financial Conduct Authority (FCA) issued a warning against PRIDETRADEHUB, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/pridetradehubPRIDETRADEHUB asserts a business history of 13 years. However, the recent registration of this brand's domain name in late March 2024 contradicts its claim of being an established entity, casting a shadow of doubt over the broker's credibility.
Moreover, the broker professes to be regulated across various jurisdictions, providing details such as registered addresses and license numbers to validate its regulatory claims. Upon investigation, we discovered that this regulatory information is a mere duplication from a legitimate broker, Exness. The attached screenshot offers a clear comparison. It is evident that PRIDETRADEHUB has no affiliation with Exness, and its actions are markedly fraudulent.
Adding to the concerns, the Financial Conduct Authority (FCA) has issued a warning against PRIDETRADEHUB, disclosing that it lacks their authorization. This revelation further undermines the broker's credibility.
In essence, PRIDETRADEHUB 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.
PRIDETRADEHUB appears to be a scam.
PRIDETRADEHUB asserts a business history of 13 years. However, the recent registration of this brand's domain name in late March 2024 contradicts its claim of being an established entity, casting a shadow of doubt over the broker's credibility.Moreover, the broker professes to be regulated across various jurisdictions, providing details such as registered addresses and license numbers to validate its regulatory claims. Upon investigation, we discovered that this regulatory information is a mere duplication from a legitimate broker, Exness. The attached screenshot offers a clear comparison. It is evident that PRIDETRADEHUB has no affiliation with Exness, and its actions are markedly fraudulent.Adding to the concerns, the Financial Conduct Authority (FCA) has issued a warning against PRIDETRADEHUB, disclosing that it lacks their authorization. This revelation further undermines the broker's credibility.In essence, PRIDETRADEHUB 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.PRIDETRADEHUB appears to be a scam.BrokersView found that the domain "https://www.pridetradehub.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.pridetradehub.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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