Score
Forex Pro Trade
United States|2-5 years| https://www.forexprotrade.io
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United States
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Forex Pro Trade also viewed..
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Website
forexprotrade.io
Server Location
United States
Website Domain Name
forexprotrade.io
Server IP
66.29.141.45
Company Summary
Note: You can't access Forex Pro Trade's official website: https://www.forexprotrade.io right now.
Forex Pro Trade Information
Forex Pro Trade started in 2022 as an unregulated broker company with registration in the United States.
Is Forex Pro Trade Legit？
Forex Pro Trade is seen to operate without regulatory control. This lack of rules might put investors at higher risk, since no one watches over or makes sure they play fair.
Downsides of Forex Pro Trade
- Unavailable Website
Investors can't reach Forex Pro Trade's main website now, which makes them wonder if it's reliable or easy to use.
- Lack of Transparency
Investor understanding regarding what Forex Pro Trade remains limited due to insufficient information concerning this platforms operations and dependability.
- Regulatory Concerns
It is unclear whether the company has any regulatory status, which makes it hard to trust its overall integrity and protect investors interests at large thus such matters have left its regulative position in doubt.
- Withdrawal Difficulty
A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.
Negative Forex Pro Trade Reviews on WikiFX
On WikiFX, “Exposure” is posted as a word of mouth received from users.
Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there was 1 piece of Forex Pro Trade exposure in total. I will introduce it.
Exposure 1. Alleged Scam
| Classification | Alleged Scam |
| Date | March 14, 2023 |
| Post Country | United States |
Conclusion
Using a non-regulated platform like Forex Pro Trade can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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