ProXMarkets

ProXMarkets is a newly established brokerage entity registered in Comoros, founded on November 17, 2025. The firm operates through its official website at proxmarkets.com, offering a range of account tiers tailored to different capital levels. According to public records, ProXMarkets does not hold any known regulatory licenses from major financial authorities, which places it in a high-risk category for traders seeking oversight.

The broker's registration in Comoros, a jurisdiction often associated with limited regulatory frameworks, further underscores the need for due diligence. As of this writing, independent public information about ProXMarkets is scarce, leaving potential clients to rely heavily on the company's own disclosures.

ProXMarkets offers eight account tiers, ranging from the 'Intro' account with a minimum deposit of $300 to the 'VIP' account requiring a minimum of $250,000. Each account provides access to maximum leverage of 1:200, a fixed offering across all tiers. The broker appears to target a broad spectrum of traders, from beginners with modest capital to high-net-worth individuals seeking premium service.

The account structure includes intermediate levels such as 'Basic' ($1,000), 'Plus' ($2,500), 'Extra' ($5,000), 'Advanced' ($10,000), 'Premium' ($25,000), and 'Exclusive' ($100,000). Notably, the broker does not publicly specify the instruments available for trading, leverage variations, or any associated costs such as spreads or commissions.

Our records confirm that ProXMarkets has no registered regulatory oversight from bodies like the FCA, CySEC, ASIC, or any equivalent. The absence of licensing is a significant red flag, as it means client funds may not be protected by investor compensation schemes or segregated accounts. Additionally, Comoros is not known for stringent financial supervision, further elevating the risk profile.

Aggregated industry data indicates that unregulated brokers are disproportionately associated with higher complaint rates and potential operational missteps. The FXCanary Scam Risk Score of 65/100 (Elevated) reflects these concerns, advising traders to exercise extreme caution or consider alternatives with verifiable regulatory status.