Pro X Finance

Pro X Finance is a retail forex and CFD broker registered in the Marshall Islands, with an official domain of proxfinance.com. The entity was established on 25 April 2019 and lists its registered address at Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960.

According to the publicly available regulatory records held by FXCanary, Pro X Finance does not hold any known licences from a major financial regulator. The absence of regulatory oversight is a significant factor for traders to consider, as it means the broker is not subject to the same investor protection standards as regulated firms.

Our research indicates that Pro X Finance operates without any form of regulatory licence recognised by financial authorities such as the FCA, CySEC, or ASIC. The broker is registered in the Marshall Islands, a jurisdiction known for its minimal regulatory requirements and often used by offshore financial entities.

Independent public information about the broker is limited, and we were unable to verify any claims regarding compliance with international financial standards. This lack of transparency is a red flag for cautious traders, as unregulated brokers offer no recourse in the event of disputes or insolvency.

FXCanary has assigned Pro X Finance a Scam Risk Score of 75 out of 100, which we classify as ‘Severe’. This score reflects the broker's unregulated status, its registration in a high-risk jurisdiction, and the general lack of verifiable public information.

Traders should be aware that engaging with an unregulated broker carries substantial risks, including potential loss of funds without legal protection. We strongly advise conducting thorough due diligence before considering any transactions with this entity.