Overview of Trading PRO
Trading PRO presents itself as a reliable and trustworthy forex and CFD broker with advanced trading platforms, high leverage, and multiple account types. They claim to take pride in their honesty and building long-lasting relationships with clients. Upon further examination, however, there are many red flags that potential investors cannot dismiss.
About Trading PRO
Company Name – Trading PRO
Website – https://www.tradingpro.com/
Address – Office 106 1st Floor Pharos House 70 Buckingham Terrace Westville Kwa-Zulu Natal 3630
Regulatory Warning – Financial Conduct Authority (United Kingdom)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
FCA Warning and Regulatory Concerns
The UK’s Financial Conduct Authority (FCA) has issued a warning against tradingpro.com, claiming that the broker could be operating outside of authorization. This is a serious warning sign since all companies offering financial services in the UK should be FCA-regulated.
Trading PRO claims to be regulated in Vanuatu and Mauritius. However, the Vanuatu registration number looks fake, and no forex brokers exist under the SVG FSA (St. Vincent and the Grenadines). The Mauritius FSC listing also lacks detail and makes it almost impossible to check if the company really is legitimate.
Check Full Warning Here: https://www.fca.org.uk/news/warnings/trading-pro-tradingpro
Suspicious Activities and High-Risk Factors
- Offers leverage up to 2000: 1, which is very risky.
- No support for bank transfers, a common industry standard with regulated brokers.
- An offshore license provides limited investor protection.
- Registration information is vague or unverified.
Conclusion: Avoid Trading PRO
Trading PRO is an unidentified broker that has regulatory warnings and other suspicious operations. All red flags indicate that tradingpro.com is a high-risk broker, and could be a fraud.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.