Procoinmarkets Review : Fees, Pros and Cons, Reviews by Real Traders

Procoinmarkets

Operating status: SCAM

Website: https://procoinmarkets.com/homes/

Broker violations and abnormal records

Jan 11, 2023 The UK FCA Added Procoinmarkets into Its Warnings
On 12 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Procoinmarkets may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/procoin-markets-advanced-markets

On 12 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Procoinmarkets may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/procoin-markets-advanced-markets
Jan 15, 2023 BrokersView has Reviewed that Procoinmarkets is an Unregulated Forex Broker
Procoinmarkets claims to be a registered brand name of Procoinmarkets (Europe) Ltd, a Cypriot Investment Firm (CIF) regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12. However, when we searched in CySEC, we found the license number belongs to a company named "HF Markets (Europe) Ltd." That means the regulatory information this broker claim is a false statement for unsuspecting investors.
More importantly, the UK Financial Conduct Authority (FCA) issued a warning against Procoinmarkets for providing financial services or products in the UK without authorization.
The truth is, Procoinmarkets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.

Procoinmarkets claims to be a registered brand name of Procoinmarkets (Europe) Ltd, a Cypriot Investment Firm (CIF) regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 183/12. However, when we searched in CySEC, we found the license number belongs to a company named "HF Markets (Europe) Ltd." That means the regulatory information this broker claim is a false statement for unsuspecting investors.More importantly, the UK Financial Conduct Authority (FCA) issued a warning against Procoinmarkets for providing financial services or products in the UK without authorization. The truth is, Procoinmarkets is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
Sep 16, 2025 BrokersView has identified that Procoinmarkets's website is currently offline
BrokersView found that the domain "procoinmarkets.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 "procoinmarkets.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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