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

In this section we will tell you if we consider that the company ProFX is a safe company or an unreliable company. Read our full analysis to find out everything!

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 ProFX and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websiteprofx.academy
🏠 Company*HIGH STREET MARKETS LTD
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 Address3rd Floor Office, 207 Regent Street, London, England, W1B 3HH
🕑 Website ageWebsite registered on: May 01, 2023
Company typeOnline Trading Courses

Company: ProFX is owned by HIGH STREET MARKETS LTD.

Location: The company mentions being located in the United Kingdom, but we believe this is false information.

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

What is ProFX?

After having carried out an analysis of the company's website, we can say that ProFX is a platform that offers online Trading courses.

Account types

The platform offers 3 different types of accounts:

account typeminimum initial deposit
Essential package$249
Advanced Package$499
Academic Package$999

Information on the web

ProFX Website

Here we show you a screenshot of the ProFX website, which is profx.academy. The capture was made in DECEMBER 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: +447456416930

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

🚫 Final ProFX Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important features of ProFX 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: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

In addition to this the company has pyramidal characteristics, please be careful.

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

ProFX's detailed review reveals a number of significant concerns that investors should consider cautiously. The lack of information about the real location of the broker, combined with the presentation of a false address in England, creates uncertainty and raises serious questions about the transparency and integrity of the platform. The absence of regulation is a significant risk that leaves investors without the necessary protection and supervision.

ProFX's overall poor reputation reinforces the perception of potential customer service and operational issues. The complaint from the British financial regulator FCA adds an additional level of seriousness to the situation, indicating that the platform is operating in contravention of established regulations.

The suspicion of a pyramid system is another cause for concern. Pyramid schemes are known for their lack of sustainability and the potential risk of loss of funds for investors.

In summary, we strongly recommend investors avoid any relationship with ProFX. Prudence and careful choice of investment platforms are essential to protect your investments and ensure a safe and positive financial experience.

Updates

ProFX News:

Date Update – news
November 2023Complaint against ProFX financial regulator FCA

Add this text only if it applies to the company: We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9151 ″]

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

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


How to Claim Money Scammed by ProFX

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report ProFX

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to ProFX?

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 ProFX?

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 ProFX reliable?

No, ProFX is not a reliable option for investing. The lack of information about its actual location, the absence of regulation, the general poor reputation and the complaint by the British financial regulator FCA, together with the suspicion of a pyramid scheme, indicate significant risks. We strongly recommend that investors avoid ProFX and look for safer and more regulated alternatives in the financial market. The security of your investment is our top priority.

How to recover money from ProFX?

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 «ProFX: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Jorge Luis Garcia Reply

    This company is a hoax. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Jorge Luis García, thank you for writing about ProFX. 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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