FastBull BrokersView
Sign In

Forex Pro Trade

Save

Operating status: SCAM

Website: https://forexproio.com/

Broker violations and abnormal records
  • May 07, 2023 The Bahamas regulator SCB added Forex Pro Trade to warning list

    On May 8, 2023, the Securities Commission of The Bahamas (SCB) added Forex Pro Trade to warning list for offering financial services or products illegally: https://www.scb.gov.bs/wp-content/uploads/2023/05/Public-Notice-No-2-of-2023-Unregulated-Entities.pdf

  • May 10, 2023 BrokersView has reviewed that Forex Pro Trade is an unregulated broker

    Forex Pro Trade claims to be operated by Forex Pro Trade Corp authorized and regulated by The Securities Commission of the Bahamas (SCB). However, the SCB has issued a warning against this broker and denied its claim, saying it is not authorized to offer financial services or products. In addition, Forex Pro Trade also purports to be a subsidiary of Forex Pro Trade PLC, authorized and regulated by the Financial Conduct Authority (FCA), but we didn't find records of its existence in the FCA register either. This means Forex Pro Trade is misrepresenting itself to deceive unsuspecting investors.

    In essence, Forex Pro Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Forex Pro Trade claims to be operated by Forex Pro Trade Corp authorized and regulated by The Securities Commission of the Bahamas (SCB). However, the SCB has issued a warning against this broker and denied its claim, saying it is not authorized to offer financial services or products. In addition, Forex Pro Trade also purports to be a subsidiary of Forex Pro Trade PLC, authorized and regulated by the Financial Conduct Authority (FCA), but we didn't find records of its existence in the FCA register either. This means Forex Pro Trade is misrepresenting itself to deceive unsuspecting investors.In essence, Forex Pro Trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
  • Mar 16, 2026 BrokersView has identified that Forex Pro Trade 's website is currently offline

    BrokersView found that the domain "https://forexproio.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://forexproio.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

comments

Be the first to review.
Rate and Review

Your review