- 2026-08-31 BrokersView has found that Prorex is an unregulated broker
Prorex only claims to be registered in Saint Vincent and the Grenadines on its website. While we can find a matching company in the Financial Services Authority (FSA) registry of Saint Vincent and the Grenadines, this only grants International Business Company (IBC) status. This does not constitute a valid financial licence. The SVG FSA has clearly stated that it does not regulate or licence forex brokers.
Furthermore, Prorex is not licensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. Until verifiable evidence of legitimate authorization is provided, we assess Prorex as a likely unlicensed broker and advise extreme caution.
Prorex only claims to be registered in Saint Vincent and the Grenadines on its website. While we can find a matching company in the Financial Services Authority (FSA) registry of Saint Vincent and the Grenadines, this only grants International Business Company (IBC) status. This does not constitute a valid financial licence. The SVG FSA has clearly stated that it does not regulate or licence forex brokers.
Furthermore, Prorex is not licensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. Until verifiable evidence of legitimate authorization is provided, we assess Prorex as a likely unlicensed broker and advise extreme caution.
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