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Profx Desk
Operating status: SCAM
Website: https://prof-xdesk.com/
Broker violations and abnormal records
On June 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website profxdesk.com. According to information available to BaFin, Sanbarnet group limited is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_21_profxdesk_com_en.html
On June 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website profxdesk.com. According to information available to BaFin, Sanbarnet group limited is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_21_profxdesk_com_en.htmlWhile Profx Desk claims to be located in St. Lucia, it fails to provide any valid evidence to prove its legitimacy in the forex market as a broker. What's more, it is critical to note that forex trading activities are not licensed in St. Lucia.
In addition, the Federal Financial Supervisory Authority (BaFin) has warned consumers about the website profxdesk.com. According to BaFin, it is providing financial and investment services without the required authorization.
In essence, Profx Desk is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Profx Desk appears to be a scam.
While Profx Desk claims to be located in St. Lucia, it fails to provide any valid evidence to prove its legitimacy in the forex market as a broker. What's more, it is critical to note that forex trading activities are not licensed in St. Lucia.In addition, the Federal Financial Supervisory Authority (BaFin) has warned consumers about the website profxdesk.com. According to BaFin, it is providing financial and investment services without the required authorization.In essence, Profx Desk is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Profx Desk appears to be a scam.
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