✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

Are you wondering if the Fxproxtrades company is safe to invest in? In this section, we will provide you with our detailed evaluation. Don't miss our full analysis to get all the information you need!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Fxproxtrades and we will tell you why we reached such a conclusion:

Basic Information

Company typeCryptocurrency, indices, forex, stocks, ETFs, options and energy broker
🏠Company *​It doesn't mention which company it belongs to.
🕑 Website ageWebsite registered on: June 29, 2023 (very recent)
RegulatoryNot mentioned
📌Address​United Kingdom
📈PlatformOwn platform
🌐 Websitefxproxtrades.com
Phone+44 7449357018 

Company:
???? Fxproxtrades does not mention which company it belongs to. Be very careful, we notice a clear lack of transparency

Location:
⚠️ Although the company mentions having a presence in the United Kingdom, the authenticity of this data is questioned.

We can already tell you that we are concerned about several characteristics of this company.

What is Fxproxtrades?

After carefully analyzing the company's website, we determined that Fxproxtrades serves as a cryptocurrency, indices, forex, stocks, ETFs, options and energy broker.

Account types

Here are the different types of Fxproxtrades accounts/plans:

types of accountsMINIMUM INITIAL DEPOSIT
STARTER$1000
BASIC$5000
BRONZE$10000
SILVER$50000
GOLD$100000

Information on the web

fxproxtrades website

Here we show you a screenshot of the Fxproxtrades website, which is fxproxtrades.com. The capture was made in June 2024.

Contact: phone numbers and email

After having thoroughly examined the website:

📞 We have found the following phone number: +44 7449357018 

📧 We have found the following email: [email protected]

Regulation of Fxproxtrades

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

La lack of information about regulation of this broker is a cause for concern. Investors should be aware that trading with an unregulated broker carries significant risks. Without the protection provided by regulation, client funds may be at risk. It is essential to do thorough research before trusting a company with investment.

🚫 Final valuation of Fxproxtrades 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Fxproxtrades and we have reached the following conclusions about this company:

Location: It mentions being located in a place considered safe such as the United Kingdom, but we believe that this is false information with which they try to deceive customers.

Regulatory: The absence of details about its regulation leads us to think that this company operates without being regulated. This lack of clarity generates uncertainty about its reliability and commitment to sector regulations.

Please remember that the company has been denounced by different financial regulators (in this case the FCA). Use EXTREME CAUTION.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

Fxproxtrades, a broker recently registered in June 2023 under the domain “fxproxtrades.com”, raises serious concerns for potential investors. Although it claims to be located in the United Kingdom, there are significant doubts about the veracity of this statement, suggesting possible attempts at deception towards customers.

One of the main concerns is the lack of transparency and clear regulation mentioned on their website. The absence of regulatory details raises uncertainty about the reliability of Fxproxtrades and its business practices, as well as raising red flags about its commitment to financial regulations that protect investors. This lack of regulatory clarity is particularly alarming, considering that the company has been reported by financial regulators such as the UK FCA, underscoring potentially significant risks for potential clients.

Furthermore, the lack of information about the parent company of Fxproxtrades is another major concern, reflecting a lack of seriousness and transparency in its operations.

🚨🚨 We conclude that, based on the reasons mentioned, this company does not inspire confidence or security. We advise you to reflect before making any financial transaction with her. 🚨🚨

Updates

➡️ News about Fxproxtrades:

Date Update – news
June 2024Complaint against Fxproxtrades from financial regulator FCA, UK Financial Authority.

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Fxproxtrades.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Fxproxtrades

If you need to know how to recover your capital after being scammed, check out our advice in the FAQ section below.

How to Report Fxproxtrades

If you are dissatisfied with the company's service and want to report it, find the best way to do so in the FAQ section below.

FAQs

Are there (recommended) alternatives to Fxproxtrades?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Fxproxtrades?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Fxproxtrades reliable?

No. Fxproxtrades is not reliable, it is a very unsafe company: It was registered on June 29, 2023, indicating that it is very recent. They claim to be based in the UK, but we suspect this is false and misleading. The absence of information on their regulation suggests that they operate without supervision, raising serious doubts about their reliability. They have been reported by several regulators, including the FCA. Use EXTREME CAUTION. Furthermore, they do not specify which entity they belong to, which shows a lack of seriousness and transparency. IT'S VERY ALARMING!!

How to recover money from Fxproxtrades?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Fxproxtrades: opinion and comments – Is it a scam?»

  1. Juan Reply

    I have an acquaintance investing, but I don't want them to steal my money or scam me. Can you help me? Blessings.

    • Recommended-brokers.com Reply

      Hello Juan, thanks for writing about Fxproxtrades. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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