The Official Website Of ProfitFX Pro Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-06-20 UK FCA Adds ProfitFX Pro To Warning List
On 20 June 2022, The UK Financial Conduct Authority (UK FCA) Issued A Warning That ProfitFX Pro Provides Financial Services Or Products In The UK Without Authorization. You Can Visit The Following Website For Details: Https://www.fca.org.uk/news/warnings/profitfx-pro
2022-07-13 We Have Confirmed Upon Review That ProfitFX Pro Is An Unregulated Forex Broker
ProfitFX Pro Claims To Be A Reliable Broker But Does Not Provide Any Regulatory Details. The Lack Of Such Important Information Can Be A Clear Signal For An Unlicensed Trader As A Regulated Trader Always Displays Its Certification And License To Operate In A Prominent Position. This Is A Red Flag.
ProfitFX Pro Also Claims That Its Company Is Located In The United Kingdom. Under UK Law, All Companies And Individuals Offering, Promoting Or Selling Financial Services Or Products In The UK Are Required To Obtain Authorisation Or Business Registration From The UK Financial Conduct Authority (FCA). However, When We Looked In The FCA, We Found Only One Warning Issued Against The Trader. Warning That ProfitFX Pro Is Not Authorised To Provide Financial Services Or Products In The UK.
This Evidence Shows That: ProfitFX Pro Is Not Regulated By Any Regulatory Authority. It Is Not Safe For This Trader To Hold Or Control Investor Funds And Investors Cannot Be Protected By Any Law. It Is A Fake Broker
Due To The Inability To Access The Broker's Website Now, We Are Also Unable To Obtain More And More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That ProfitFX Pro Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And True Contact Information, Such As Phone Numbers Or Company Addresses.
Note: ProfitFX Pro As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Brokers As Much As Possible When Choosing A Broker.
