About FXPROLIVE
Company Overview
FXPROLIVE operates the website fxprolive.in and claims to be a trading services provider. According to our records, the company was founded on March 30, 2022, and is registered in the United States.
However, the broker's online presence is minimal, and independent information about its operations is scarce. The lack of publicly available details makes it difficult to verify the company's claims or assess its legitimacy.
Regulation and Licensing
FXCanary's records indicate that FXPROLIVE holds no regulatory licenses from any recognized financial authority. This absence of oversight is a significant red flag for traders seeking protection.
Unregulated brokers do not adhere to the strict standards imposed by regulators such as the FCA, CySEC, or ASIC, leaving clients vulnerable to potential misconduct. Without a license, there is no external recourse for dispute resolution or fund protection.
Address and Contact
The registered address provided is A108 Adam Street, New York, NY 535022, United States. However, this address appears to be fictitious, as the ZIP code 535022 does not correspond to any valid location in New York.
This raises concerns about the broker's actual physical presence. A verifiable business address is a basic transparency requirement for financial service providers. Without it, traders cannot confirm the company's legitimacy or jurisdiction.
Business Services
There is no confirmed information about the services FXPROLIVE offers. The domain name suggests a focus on forex (FX), but the lack of a detailed website or promotional materials leaves the scope of its offerings unclear.
Typically, brokers provide platforms, account types, instruments, and funding methods, but none of these are documented for FXPROLIVE. Prospective clients should be wary of engaging with a broker that does not disclose its core service details.
Risk Assessment
FXCanary's Scam Risk Score for FXPROLIVE is 49 out of 100, categorized as 'Guarded.' This score reflects the considerable risks associated with an unregulated broker that provides limited transparency.
The combination of a potentially fake address, lack of license, and minimal public information suggests that traders should exercise extreme caution. Depositing funds with such an entity carries a high risk of loss, and FXCanary recommends avoiding engagement unless verifiable proof of legitimacy emerges.
Overview compiled by FXCanary from regulatory records and public data. full FXPROLIVE review