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PROFX Market

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Don't be fooled by the PROFx Market! FCA warns it's a scam using fake regulation. Avoid unsafe withdrawals & choose a licensed broker instead.
PROFx Market SCAM Exposed: FCA Blacklisted Clone Firm!

Operating status: SCAM

Website: https://profxmarket.com/

Broker violations and abnormal records
  • 2021-06-06 The UK Regulator FCA Warned That Profxmarket Is a Clone Firm

    On 7 Jun 2021, the UK Regulator Financial Conduct Authority (FCA) warned the pubilc that 

    Profxmarket is an unauthorised firm that uses the details of a genuine FCA-regulated firm when offering products and services. This makes the unauthorised firm appear as if it is regulated and is typically part of a scam. You may visit: https://register.fca.org.uk/s/unauthorised-firm?id=0014G00002l6St4QAE 

  • 2022-06-30 Brokersview has Reviewed that Profxmarket is an Unregulated Forex Broker

    Profxmarket claims to be a fully regulated broker locates in London, the United Kingdom while not mentioning any details of its regulation. When we searched in FCA, we only found that Profxmarket had already been blacklisted by FCA for being a clone firm that uses the details of a genuine FCA-regulated firm when offering products and services. The truth is that Profxmarket is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.



    Profxmarket claims to be a fully regulated broker locates in London, the United Kingdom while not mentioning any details of its regulation. When we searched in FCA, we only found that Profxmarket had already been blacklisted by FCA for being a clone firm that uses the details of a genuine FCA-regulated firm when offering products and services. The truth is that Profxmarket is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • 2026-03-16 BrokersView has identified that PROFX Market's website is currently offline

    BrokersView found that the domain "https://profxmarket.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://profxmarket.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.

Related Complaints

Q&A

PROFX-Market is a scam. Right?

Liza Bradshaw
China
2022-11-14
ANSWER PROFX Market is not a licensed or regulated broker even though it states offers that look good to be true. PROFX Market claims to be a fully regulated broker locates in London, the United Kingdom while not mentioning any details of its regulation. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA).When we searched in FCA, we only found that Profxmarket had already been blacklisted by FCA for being a clone firm that uses the details of a genuine FCA-regulated firm when offering products and services. You can check the full warning from here.The truth is, PROFX Market is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like PROFX Market and trade with licensed brokers.
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Hi, I wanna know whether it is safe to trade with Profx Market. Thx.

Zainab Hammad
Cuba
2022-07-28
ANSWER PROFX Market is not a licensed or regulated broker even though it states offers that look good to be true. PROFX Market claims to be a fully regulated broker locates in London, the United Kingdom while not mentioning any details of its regulation. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA).When we searched in FCA, we only found that Profxmarket had already been blacklisted by FCA for being a clone firm that uses the details of a genuine FCA-regulated firm when offering products and services. You can check the full warning from here.The truth is, PROFX Market is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like PROFX Market and trade with licensed brokers.
See more

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