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ProsperityFX

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Operating status: SCAM

Website: https://prosperity4x.com/

Broker violations and abnormal records
  • 2023-06-11 The US CFTC adds ProsperityFX to its RED List

    On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) added ProsperityFX to its RED List for illegal operations: https://www.cftc.gov/PressRoom/PressReleases/8716-23.

    On June 12, 2023, the US Commodity Futures Trading Commission (CFTC) added ProsperityFX to its RED List for illegal operations: https://www.cftc.gov/PressRoom/PressReleases/8716-23.
  • 2023-06-13 BrokersView has reviewed that ProsperityFX is an unregulated broker

    ProsperityFX claims to be operated by Prosperity Tech Ltd., a company registered in Marshall Islands. While it is true that we discovered records matching this company in the register of the Marshall Islands Registry (IRI), investors must be aware that the IRI is a privately held maritime and corporate registry service provider and has no authority to issue forex licenses or regulate entities involved in such activities. Mere registration with the IRI doesn't mean being authorized to offer financial and investment services. In addition, the Commodity and Futures Trading Commission (CFTC) has added ProsperityFX to its RED List for illegal operations.

    In essence, ProsperityFX 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.

    ProsperityFX claims to be operated by Prosperity Tech Ltd., a company registered in Marshall Islands. While it is true that we discovered records matching this company in the register of the Marshall Islands Registry (IRI), investors must be aware that the IRI is a privately held maritime and corporate registry service provider and has no authority to issue forex licenses or regulate entities involved in such activities. Mere registration with the IRI doesn't mean being authorized to offer financial and investment services. In addition, the Commodity and Futures Trading Commission (CFTC) has added ProsperityFX to its RED List for illegal operations.In essence, ProsperityFX 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.

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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.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.