Traderspros

Traderspros is a forex and CFD broker registered in the United Kingdom under the legal entity AND Corp Limited. Founded in February 2021, the company aims to provide trading services in forex, indices, stocks, and commodities. The broker presents itself as a platform for traders seeking high leverage, advertising leverage up to 1:500.

The broker operates primarily online and does not maintain physical offices for client walk-ins. Its registration in the UK provides a corporate address, but it is important to note that being registered in the UK does not equate to being regulated by the Financial Conduct Authority (FCA) or any other financial watchdog.

As of the latest available information, Traderspros does not hold any verified regulatory license from a recognized financial authority. The broker's registration with Companies House in the UK is a legal requirement for any limited company, but it does not imply oversight by the FCA.

Traderspros does not list any regulatory license numbers on its website, and a cross-check with industry databases confirms zero licenses on file. This lack of regulation means traders do not benefit from protections such as negative balance protection, investor compensation schemes, or dispute resolution through a financial ombudsman.

Traderspros offers four account tiers: BASIC, ADVANCED, EXPERT, and CAPITAL. The BASIC account requires a minimum deposit of 5,000 EUR, which is exceptionally high compared to industry standards. The ADVANCED and EXPERT accounts require 25,000 EUR and 75,000 EUR respectively, while the CAPITAL account has a custom deposit amount.

Notably, specific information on spreads, commissions, and available leverage per account type is not disclosed in the broker's public materials. Traders should be aware that the absence of this data makes it difficult to assess trading costs before opening an account.

The broker claims to offer trading in forex, indices, stocks, and commodities. However, the exact number of instruments or specific contract specifications are not publicly detailed. Similarly, Traderspros does not specify which trading platforms it supports (e.g., MetaTrader 4/5, cTrader, or proprietary software).

Without clear platform information, traders cannot verify execution reliability, charting tools, or algorithmic trading capabilities. This lack of transparency is a significant concern for those evaluating the broker's technical offering.

Information on deposit and withdrawal methods is not provided by the broker. Users have reported difficulties with both processes, including deposits not being credited and withdrawal requests being ignored. The absence of clear funding policies increases operational risk.

Given the high minimum deposits required (starting at €5,000), traders need assurance that their funds can be accessed. The broker's silence on withdrawal procedures is a red flag for potential clients.

Traderspros appears to target experienced and high-net-worth individuals due to its high minimum deposit thresholds. The advertised leverage of up to 1:500 is also typical of unregulated brokers appealing to aggressive traders.

However, the combination of high entry barriers, lack of regulation, and negative user reports suggests the broker may be unsuitable for most retail traders, particularly those new to forex or those with limited capital.