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Pro Funds Eu

Operating status: SCAM

Website: https://profundseu.com/

Broker violations and abnormal records
  • Jan 16, 2022 The Spain CNMV Added Pro Funds Eu into Its Warnings

    On 17 Jan 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Pro Funds Eu was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=WWW.PROFUNDSEU.COM


    On 17 Jan 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Pro Funds Eu was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=WWW.PROFUNDSEU.COM
  • Oct 10, 2022 BrokersView has Reviewed that Pro Funds Eu is an Unregulated Forex Broker

    Pro Funds Eu claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    In addition, this broker also claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA, which means that the company is not authorized by FCA to provide financial services in the UK.

    Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Pro Funds Eu was not authorised to provide the investment services in Spain. 

    The truth is that Pro Funds Eu is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Pro Funds Eu claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. In addition, this broker also claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we did not find any matching results in UK FCA, which means that the company is not authorized by FCA to provide financial services in the UK.Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Pro Funds Eu was not authorised to provide the investment services in Spain. The truth is that Pro Funds Eu is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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