Brief Look at Forex Prop Firm
Forex Prop Firm has ceased operations and its website is no longer accessible. In April 2025, the OSC (Ontario Securities Commission) issued an investor warning stating that Forex Prop Firm was not registered in Ontario and lacked authorization to conduct securities transactions.
Numerous user reviews on Trustpilot and other platforms report fraud and failure by the company to fulfill its obligations. Traders completed evaluation programs but did not receive payouts and could not reach support. Some clients stated that profits were approved but never paid, with support services ignoring all inquiries.
The ScamAdviser website rated Forex Prop Firm as a resource with a very low trust score and advised against its use. Online reviews also raise suspicions that the company may have operated as a Ponzi scheme, paying older clients with funds from new participants.
As a result, Forex Prop Firm stopped operating due to a combination of factors: absence of licensing, widespread user complaints, serious concerns about payouts and support, and a broader crisis of trust and financial stability in the prop trading industry in 2024-2025.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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