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ProFX Groups

1 Review

Overview is an online trading broker platform that has been the subject of significant negative attention:

Allegations of Scam:

Numerous sources describe as a fraudulent trading scheme, strongly advising against any engagement with the platform.
The site has been repeatedly labeled as a very dangerous scam company, with recommendations for immediate avoidance.
Company Information:

ProFx Groups, the entity behind, provides a UK phone number for contact. However, specific location details of the company are not provided.
Customer Experiences:

Customer reviews on Trustpilot and other platforms have reported negative experiences, including issues with fraudulent activities and difficulties in communication after attempting to withdraw funds.
Regulatory Status: is unregulated, as confirmed by several reviews. This lack of regulation suggests it operates outside the oversight of financial regulatory bodies, increasing the risk for investors.
The UK's Financial Conduct Authority (FCA) has issued a warning against PROFX GROUPS, indicating potential legal and operational issues.
Advice for Potential Users:

Given the allegations of being a scam and the unregulated nature of the broker, potential users are strongly advised to exercise caution and conduct thorough research before considering any interaction with
In summary, is surrounded by allegations of being a scam, with multiple warnings against using its services. The unregulated status and negative customer experiences further contribute to the concerns about the platform's legitimacy and safety. Potential users should approach with extreme caution and consider more reputable and regulated alternatives for their trading needs​

This CritiScore review provides a comprehensive overview, assessing whether ProFX Groups is legit or a scam, and offers insights into ProFX Groups's performance.

Date published: 11th December, 2023


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