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TradeProfitFx

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Operating status: SCAM

Website: https://www.trade-profitfx.net/

Broker violations and abnormal records
  • 2022-10-17 The UK FCA Added TradeProfitFx into Its Warnings

    On 18 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that TradeProfitFx was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/tradeprofitfx


    On 18 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that TradeProfitFx was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/tradeprofitfx
  • 2022-10-18 BrokersView has Reviewed that TradeProfitFx is an Unregulated Forex Broker

    TradeProfitFx claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.

    The regulator warned that TradeProfitFx was providing financial services or products in the UK without authorisation. 

    The truth is that TradeProfitFx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    TradeProfitFx claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this scam in UK FCA.The regulator warned that TradeProfitFx was providing financial services or products in the UK without authorisation. The truth is that TradeProfitFx is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2022-12-12 BrokersView has found that TradeProfitFx is not working

    BrokersView found the domain "https://www.trade-profitfx.net/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://www.trade-profitfx.net/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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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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