✔️ Information reviewed and updated in March 2024 by Eduardo López

IS Profx Academy RELIABLE? OPINIONS

In this post I will analyze Profx Academy. Is the Profx Academy trading educational platform (with profx.academy website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Profx Academy is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyMentions being part of HIGH STREET MARKETS LTD
???? AddressMention being located in UK
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone number+447456416930
📧 Email Address[email protected]
🌐 WebsiteProfx Academy.com
???? Live ChatNo
💳 Payment methodsNot mentioned
Company typeeducational platform

📞 LIST OF PHONE NUMBERS:

+447456416930


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of packages that Profx Academy offers; They are divided into 3 packages. Here is a table with a little more information about the minimum deposits by type of package.

TYPE OF PACKAGESMINIMUM INITIAL DEPOSIT
Essential package$249.00
Advanced Package$499.00
Academic Package$999.00

🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Profx Academy website
  • Age of the website: the domain “profx.academy” was registered on May 01, 2023. That is, it is a website that is not very old. 🚩
  • The website mentions which company it belongs to, but I have not been able to find “HIGH STREET MARKETS LTD” in the company records. I think it may be a fake company. 🚩

⭐ OPINION OF Profx Academy:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in the UK, but I think they are trying to mislead about their location. I recommend extreme caution.

2) I understand that it is an unregulated company. However, it is not relevant since it is an educational platform.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “profx.academy” was registered on May 01, 2023. It is very recent.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) The company has been reported by the following financial regulator(s): FCA, UK Financial Authority. It is a very unsafe company, be careful.

“To be honest with you, I would not invest in this type of company: It mentions belonging to a company HIGH STREET MARKETS LTD which apparently is a fake company. I honestly cannot recommend a company of this type.”


💬 WHAT TO THINK OF A COMPANY LIKE Profx Academy?:

Profx Academy, despite its claim to be a trustworthy academy, presents a number of elements that raise significant doubts regarding its legitimacy and credibility. One of the first points that generates suspicion regarding its location in the United Kingdom. The lack of clarity and transparency about the actual direction of the academy raises questions about the veracity of the information provided, a crucial aspect when it comes to trusting an educational or financial entity.

Another relevant concern is the recent appearance of Profx Academy, dating back to May 01, 2023. The academy's short history may be a reason for caution, as investors tend to prefer institutions with a proven track record and a reputation established over time. Lack of experience could indicate a lack of track record and tangible results to support claims of reliability.

Furthermore, the situation is aggravated by learning that Profx Academy faces a complaint from the regulator FCA, the Financial Authority of the United Kingdom, specifically for fraudulent activities. This formal complaint is a serious indicator and suggests that there have been investigations and findings supporting significant concerns about the academy's practices. The FCA, as a recognized regulator, has a crucial role in protecting investors and the integrity of the financial market. In light of these worrying red flags, it is strongly advised to stay away from Profx Academy.


📣 LATEST UPDATES:

1) Update December 2023: la FCA, Financial Authority of the United Kingdom, has denounced Profx Academy.


✔️ CLAIM MONEY FROM Profx Academy:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Profx Academy:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Profx Academy?

Profx Academy is an educational platform, a trading academy.

Is Profx Academy a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is Profx Academy trustworthy?

Profx Academy is a company that I consider UNRELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Profx Academy?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (476 votes)

2 comments on «»

  1. Tania Reply

    They gave me good references, I'm scared, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello Tania, it is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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