About PRO FX TRADE
Overview
PRO FX TRADE is a trading entity registered in China, with an official domain of profxtradeint.com. According to available records, the company was founded on 16 July 2020. However, there is no regulatory oversight from any recognised financial authority.
Traders considering this broker should be aware that the absence of regulation means there is no independent supervision or protection for client funds. Our research shows that the broker has an elevated scam risk score of 51 out of 100, indicating potential concerns.
Regulation and Safety
As of our review, PRO FX TRADE holds no licences from any major financial regulator. This lack of authorisation means that clients have no recourse to a financial ombudsman or compensation scheme if disputes arise.
In the world of forex trading, dealing with an unregulated broker carries inherent risks. Without regulatory oversight, the broker's operations, financial health, and client fund segregation are not externally verified.
Company Details
PRO FX TRADE is registered in China. The company’s registration date is 16 July 2020, making it a relatively recent entrant. The official website is profxtradeint.com.
There is limited publicly available information about the company’s leadership, physical office locations, or operational history beyond the founding date. This lack of transparency adds to the cautionary profile.
Risk Assessment
Our analysis, based on the known facts, rates PRO FX TRADE with a scam risk score of 51/100, which falls into the 'elevated' category. This score reflects the absence of regulation and the limited verifiable information about the broker.
Potential traders should exercise extreme caution. The lack of independent user reviews further obscures the broker's actual trading conditions and reliability.
Overview compiled by FXCanary from regulatory records and public data. full PRO FX TRADE review