PRICE-ACTION FOREX

Price-Action Forex is a forex brokerage firm that claims to be registered in the United States. According to known records, the broker was founded on 28 December 2020 and operates from a registered address that appears inconsistent and poorly formatted: '#1 Market in the US-Cleveland, OHIO, Maimi Florida, United State'. The address suggests a possible attempt to create a false US presence, with typographical errors combining Cleveland and Miami.

The broker's domain, price-actionforex.com, was likely registered around the same time. However, beyond these basic registration details, very little independent public information is available about Price-Action Forex. There are no user reviews, no verified trading platforms, and no corporate documentation accessible through normal searches. This lack of transparency is a significant concern for potential clients.

Price-Action Forex holds no regulatory licences from any recognised financial authority. According to our records, the regulator list is empty. This means the broker is not supervised by the US Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), or any other major regulator such as the FCA, CySEC, or ASIC.

Operating without regulation exposes clients to considerable risk. There is no independent oversight of the broker's financial practices, no requirement to segregate client funds, and no recourse mechanism in case of disputes or fraud. For US-based traders, dealing with an unregistered forex firm is particularly dangerous, as it likely violates US law. In FXCanary's assessment, the absence of regulation is the single greatest red flag.

Price-Action Forex has been assigned an FXCanary Scam Risk Score of 75 out of 100, indicating a severe risk level. This high score is driven by the complete lack of regulation, the suspicious and inconsistent address, the youth of the company (founded in 2020), and the absence of any verifiable operational history.

Traders should be extremely cautious. Without regulatory oversight, there is no guarantee that client deposits are safe or that trades are executed fairly. The broker's website may present marketing claims, but without independent verification, these should be treated as unreliable. We advise against depositing funds with Price-Action Forex until it can provide verifiable evidence of legitimate licensing and a genuine operating presence.