About Scale Profxtrade
About Scale Profxtrade
Scale Profxtrade is a United States-based brokerage entity that was founded on 22 August 2022. According to public records, the company is registered at 5 Clerkenwell Road, Los Angeles, United States. The firm presents itself as a trading service provider, likely offering forex and contract-for-difference (CFD) products to retail clients.
As of our review, Scale Profxtrade does not hold any known regulatory licences from major financial authorities. The absence of oversight from bodies such as the SEC, CFTC, or FCA is a significant consideration for traders. Our aggregated risk assessment assigns a score of 49 out of 100, indicating a guarded level of concern.
Regulatory Status
Our review of official records confirms that Scale Profxtrade has no registered regulators on file. The broker is not listed with any of the key global financial watchdogs, including the US Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA), which would typically oversee forex brokers operating in the United States.
This lack of regulatory authorisation means that client funds are not protected under any investor compensation scheme. Traders considering this broker should be aware that they may have limited recourse in the event of a dispute or financial failure.
Company Background
Scale Profxtrade was established in 2022 and is registered in the United States. The registered address in Los Angeles suggests a corporate presence, though no further details about the company's management or operational history are publicly available.
Due to the limited information in the public domain, establishing the broker's track record or reputation is difficult. The firm's youth and lack of regulatory footprint contribute to the guarded risk assessment.
Products and Services
Based on the broker's name and typical industry patterns, Scale Profxtrade likely offers forex and CFD trading across multiple asset classes. However, without access to the official website or marketing materials, we cannot confirm the specific instruments, trading platforms, or account types available.
Prospective clients should exercise caution when considering an unregulated broker with unknown product offerings. Independent verification of trading conditions is recommended before committing any funds.
Target Audience
Scale Profxtrade appears to target retail traders seeking leveraged forex and CFD exposure. The lack of regulatory clarity may appeal to traders who are willing to accept higher risk, but the broker is unlikely to satisfy those who prioritise regulatory protection and transparency.
The absence of independent user reviews further complicates the assessment. Until more information becomes available, the broker should be approached with caution.
Overview compiled by FXCanary from regulatory records and public data. full Scale Profxtrade review