Global Broker Regulation Inquiry App
WikiFX

Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Forex Pro Trade

United States United States | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.forexprotrade.io

Website

Rating Index

Contact

https://www.forexprotrade.io
318 N Main St, Mitchell, SD 57301, United States

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
2-5 years
Company Name
Forex Pro Trade Corp
Customer Service Email Address
info@forexprotrade.io
Company Address
318 N Main St, Mitchell, SD 57301, United States
Website
Company Summary
Comment

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Official Website

Website

  • forexprotrade.io
    66.29.141.45
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Summary

Note: You can't access Forex Pro Trade's official website: https://www.forexprotrade.io right now.

Forex Pro Trade Information

Forex Pro Trade started in 2022 as an unregulated broker company with registration in the United States.

Forex Pro Trade Information

Is Forex Pro Trade Legit?

Forex Pro Trade is seen to operate without regulatory control. This lack of rules might put investors at higher risk, since no one watches over or makes sure they play fair.

Is Forex Pro Trade Legit?

Downsides of Forex Pro Trade

  • Unavailable Website

Investors can't reach Forex Pro Trade's main website now, which makes them wonder if it's reliable or easy to use.

  • Lack of Transparency

Investor understanding regarding what Forex Pro Trade remains limited due to insufficient information concerning this platforms operations and dependability.

  • Regulatory Concerns

It is unclear whether the company has any regulatory status, which makes it hard to trust its overall integrity and protect investors interests at large thus such matters have left its regulative position in doubt.

  • Withdrawal Difficulty

A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.

Negative Forex Pro Trade Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative Forex Pro Trade Reviews on WikiFX

As of now, there was 1 piece of Forex Pro Trade exposure in total. I will introduce it.

Exposure 1. Alleged Scam

ClassificationAlleged Scam
DateMarch 14, 2023
Post CountryUnited States

Conclusion

Using a non-regulated platform like Forex Pro Trade can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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