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ProXgain
Operating status: SCAM
Website: https://proxgain.com/
Broker violations and abnormal records
On May 14, 2025, the Financial Conduct Authority (FCA) issued a warning against ProXgain, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/proxgain-proxgaincom
On May 14, 2025, the Financial Conduct Authority (FCA) issued a warning against ProXgain, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/proxgain-proxgaincomProXgain claims to be affiliated with a company, RFlexio Limited, which is allegedly registered in Comoros. However, our verification with the Mwali International Services Authority (MISA) hasn't found information supporting the claimed affiliation. It appears that the purported connection merely exists within the website of ProXgain. The Financial Conduct Authority (FCA) has issued a warning against ProXgain for the lack of the required authorization.
In essence, ProXgain 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. ProXgain appears to be a scam.
ProXgain claims to be affiliated with a company, RFlexio Limited, which is allegedly registered in Comoros. However, our verification with the Mwali International Services Authority (MISA) hasn't found information supporting the claimed affiliation. It appears that the purported connection merely exists within the website of ProXgain. The Financial Conduct Authority (FCA) has issued a warning against ProXgain for the lack of the required authorization. In essence, ProXgain 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. ProXgain appears to be a scam.ProXgain is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against ProXgain, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/proxgain-proxgaincom
ProXgain is still in business, continuing its fraudulent activities to steal money. Therefore, the FCA updates its warning against ProXgain, cautioning the public to stay away from this unauthorized firm. https://www.fca.org.uk/news/warnings/proxgain-proxgaincom
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