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.