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Is Pro Fx Trading Safe or Scam?

Andrey Mastykin
Written by:
Andrey Mastykin
Chinmay Soni
Reviewed by:
Chinmay Soni
Mirjan Hipolito
Fact-checked by:
Mirjan Hipolito
Updated:
June 04, 2026

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

What is known about Pro Fx Trading at the moment?

Pro Fx Trading is a Forex broker and is not currently regulated by any regulatory body. The Financial Conduct Authority (FCA) issued a warning stating that Pro Fx Trading was providing financial services or products in the UK without proper authorization. The FCA cautioned consumers about dealing with this firm, highlighting the absence of access to the Financial Ombudsman Service or protection by the Financial Services Compensation Scheme (FSCS) for clients of unauthorized firm

Company name Pro Fx Trading
Foundation date N/A
Registration address 128 City Road, London, UNITED KINGDOM, EC1V 2NX
Operating geography UK
Specialization Forex
Regulation ⚠️ Scam
Official site The website is unavailable
Contacts
support@profx-trade.com
971524375023
Disclaimer

Information is based on publicly available regulatory sources and published in accordance with our Financial Warnings & Scam Database methodology.

TU Expert Advice: “I do not recommend Pro Fx Trading”

Anton Kharitonov
Anton KharitonovChief Analytics Officer

I have been working in the financial services market for a long period of time and consider myself an expert in safe investing. I can note that Pro Fx Trading demonstrates the following characteristics:

  • Pro Fx Trading is not regulated by a Level 1 regulator.
  • Pro Fx Trading is not regulated by a Level 2 regulator.
  • Pro Fx Trading is not regulated by a Level 3 regulator.
  • The company is either registered offshore or its registration number cannot be confirmed through official online databases.
  • The information about the Pro Fx Trading’s management is either absent or unreliable.

I recommend completely disregarding any mentions of such companies and refraining from doing business with them and its affiliate bodies. If you are already a client of such a company, immediately explore all options for getting your money back, up to filing a complaint with the financial oversight authorities and courts.

I recommend choosing only reliable and verified partners for trading on financial markets. You can use our 'Find my broker' tool for this purpose.

Which sources were utilized to evaluate the security of Pro Fx Trading?

The following information was used for the analysis and assessment of Pro Fx Trading reliability:

  • Registration details and information on licenses of brokers, financial companies, and their subsidiaries are published on their official websites.
  • Information from regulators' registries, including warnings, comments, and publications by regulators.
  • Data from analytical portals, including reviews, complaints, and claims filed by traders.

The latest database update: June 04, 2026.

Why do we have the expertise to assess the reliability of Pro Fx Trading?

Over the years of working with the analysis of financial companies, Traders Union has accumulated a significant knowledge database. Our analysts know how to distinguish scams from reliable companies. Every month, we publish important insights on this topic.

Tools Used by Scammers to Deceive Traders (June, 2026)
Deepfake: Scammers use AI-generated videos to offer investment opportunities in highly profitable projects. For example, you might see a video where Elon Musk recommends investing with a certain broker. In reality, the video is a deepfake created by AI.
Pseudo Hacking: Scammers create a fake broker page and persuade potential victims to risk a small amount of money. Victims then receive a message that their accounts are blocked due to a hacking attempt or a message from technical support asking for personal information to secure their accounts. Ultimately, victims provide scammers with access to their emails, wallets, and bank cards.

Conclusion Before starting to work with a broker, gather as much information about the company as possible. Compare its registration address and phone numbers across different resources. Ensure that the user agreement matches the company you intend to work with. Check the website for inactive links or layout errors.

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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.

PRO TRADE Pro Trade FX Profit Forex Signals PROFIT FX Profitstrade / Profits Trade ProFX Academy Prolific Trades Ltd Prosperity Investment Management Qualion Finance

Be careful and cooperate with the trusted brokerage companies only.

Should you identify any inaccuracies on this page or possess additional information about this broker, we kindly request you to inform us.

Editors' Top Picks and Insights

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Team that worked on the article

Andrey Mastykin
Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Learn about our editorial policies
Chinmay Soni
Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

Mirjan Hipolito
Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.

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