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ProfitFX Pro

Operating status: SCAM

Website: https://profitfxpro.com/

Broker violations and abnormal records
  • Jun 19, 2022 The UK FCA Added ProfitFX Pro into Its Warnings

    On 20 June 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that ProfitFX Pro is providing financial services or products in the UK without their authorisation. You may visit: https://www.fca.org.uk/news/warnings/profitfx-pro

    On 20 June 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that ProfitFX Pro is providing financial services or products in the UK without their authorisation. You may visit: https://www.fca.org.uk/news/warnings/profitfx-pro
  • Jul 12, 2022 BrokersView has Reviewed that ProfitFX Pro is an Unregulated Forex Broker

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

    ProfitFX Pro also claims to be a UK-based firm. As per the United Kingdom law, 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 searched UK FCA and found a warning. UK FCA warned the public that ProfitFX Pro is providing financial services or products in the UK without their authorisation. 

    These proof make it clear: ProfitFX Pro 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.

    ProfitFX Pro claims to be a reliable broker without presenting any details of its regulation. The lack of such important information may be a distinct signal of unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.ProfitFX Pro also claims to be a UK-based firm. As per the United Kingdom law, 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 searched UK FCA and found a warning. UK FCA warned the public that ProfitFX Pro is providing financial services or products in the UK without their authorisation. These proof make it clear: ProfitFX Pro 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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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.