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PRO TRADE

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Operating status: SCAM

Website: https://protradecentre.com/

Broker violations and abnormal records
  • 2023-07-30 The Spain's CNMV issues a warning against PRO TRADE

    On July 31, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added PRO TRADE to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

    On July 31, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added PRO TRADE to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
  • 2023-08-01 BrokersView has reviewed that PRO TRADE is an unregulated broker

    PRO TRADE falsely claims to be the trading name of Vantage International Group Limited, a multi-regulated broker. No evidence suggest that Vantage has any association with PRO TRADE. Therefore, PRO TRADE's claim about its regulatory status is false.

    Additionally, the Comisión Nacional del Mercado de Valores (CNMV) added PRO TRADE to its warning list for providing investment services without authorization.

    In essence, 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.

    PRO TRADE falsely claims to be the trading name of Vantage International Group Limited, a multi-regulated broker. No evidence suggest that Vantage has any association with PRO TRADE. Therefore, PRO TRADE's claim about its regulatory status is false.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) added PRO TRADE to its warning list for providing investment services without authorization.In essence, 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.

Related Complaints

Q&A

Is PRO TRADE legit?

Habib rehman
Yemen
2023-08-21
ANSWER No, PRO TRADE is not legit.PRO TRADE impersonates a legit website by falsely claiming to be the trading name of Vantage International Group Limited, a multi-regulated broker. BrokersView finds no evidence suggesting any association between Vantage and PRO TRADE.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) added PRO TRADE to its warning list for providing investment services without authorization.Therefore, PRO TRADE is an illegal platform. If investors deal with this broker, they will not get protected by rules from fraud or identity theft. To avoid such risks, it is advisable to steer clear of such unlicensed brokers as PRO TRADE and instead choose a fully regulated one.
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