Pro Assets Fx Trade claims to be one of the world's largest forex brokers by trading volume. It provides the following licensing information:

1) Pro Assets Fx Trade Ltd, allegedly regulated by the Financial Services Authority of the United States with license number RD07599;

2) International Capital Markets Pty Ltd, supposedly regulated by the Australian Securities and Investments Commission (ASIC) with license number 742853;

3) Pro Assets Fx Trade (EU) Ltd, purportedly regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 443/16;

4) Pro Assets Fx Trade Ltd, claimed to be regulated by the Securities Commission of the Bahamas (SCB) with license number PIA-F429;

5) Raw Trading Ltd trading as Pro Assets Fx Trade Global, allegedly holds SDL number SD018, regulated by the Seychelles Financial Services Authority (FSA Seychelles).

However, our comprehensive verification suggests that these licensing details are either falsified or misused. It is crucial to note that in the US, there is no institution called the Financial Services Authority. For Pro Assets Fx Trade to be a legitimate forex broker in the US, it is required to be registered as a member of the National Futures Association (NFA). However, it isn't an NFA member and thus not subject to the NFA's oversight.

As for the claimed affiliation between Raw Trading Ltd and Pro Assets Fx Trade, it appears to merely exist in the assertions of the latter. Profiles provided by the FSA Seychelles clearly indicate that there is no connection between the two entities.

In essence, Pro Assets Fx Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

Pro Assets Fx Trade appears to be a scam.

BrokersView found that the domain "https://www.proassetsfx.trade/home/global/en/index.html" 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.