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ProfitableFxMarket

Operating status: SCAM

Website: https://www.profitablefxmarket.com/

Broker violations and abnormal records
  • Dec 14, 2022 BrokersView has Reviewed that ProfitableFxMarket is an Unregulated Broker

    ProfitableFxMarket claims to be one of the leading platforms in the United States offering binary options, Forex, and spreads, which is regulated by the Commodity Futures Trading Commission (CFTC), the Financial Services Commission (FSC) in Belize, as well as the Cyprus Securities and Exchange Commission (CySEC). However, we did not find any match results for this broker in the above three watchdogs' registries.

    Besides, ProfitableFxMarket shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). But we also did not find any match results to this broker in FCA.

    The truth is, ProfitableFxMarket 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. Therefore, it is a scam.

    ProfitableFxMarket claims to be one of the leading platforms in the United States offering binary options, Forex, and spreads, which is regulated by the Commodity Futures Trading Commission (CFTC), the Financial Services Commission (FSC) in Belize, as well as the Cyprus Securities and Exchange Commission (CySEC). However, we did not find any match results for this broker in the above three watchdogs' registries.Besides, ProfitableFxMarket shows its company address is in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). But we also did not find any match results to this broker in FCA.The truth is, ProfitableFxMarket 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. Therefore, it is a scam.

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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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.