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PrideForex

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Operating status: SCAM

Website: https://prideforexasia.com

Broker violations and abnormal records
  • 2025-05-20 BrokersView has Reviewed that PrideForex is an Unregulated Broker

    PrideForex claims to be a regulated Forex broker located in the United Kingdom,offering a range of investment products to traders, including Cryptocurrencies, Spot Metals, Forex, Spot Indices, Commodities, Futures and more instruments for trading in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located.

    Upon investigation, we found that PrideForex is not regulated by the United Kingdom Financial Conduct Authority (FCA).

    The truth is that PrideForex is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    PrideForex is a scam.

    PrideForex claims to be a regulated Forex broker located in the United Kingdom,offering a range of investment products to traders, including Cryptocurrencies, Spot Metals, Forex, Spot Indices, Commodities, Futures and more instruments for trading in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located. Upon investigation, we found that PrideForex is not regulated by the United Kingdom Financial Conduct Authority (FCA). The truth is that PrideForex is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. PrideForex is a scam.

Related Complaints

Q&A Complaints

Is PrideForex a real forex broker?

cafedeart
Egypt
2025-05-23
ANSWER Dear Investor, PrideForex is not a licensed forex broker. PrideForex presents itself as a regulated Forex broker based in the United Kingdom. However, a closer review reveals that the platform lacks verifiable regulatory information—a critical requirement for any financial services provider operating legally. A firm offering financial services must hold an official license in the country where it operates. Upon investigation, no record of PrideForex’s authorization was found with the United Kingdom’s Financial Conduct Authority (FCA). This absence of regulatory oversight raises serious concerns regarding its legitimacy and investor security. Given these findings, PrideForex appears to be operating fraudulently. Investors are strongly advised to avoid any dealings with this company to safeguard their financial interests.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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