✔️ Information reviewed and updated in September 2024 by Eduardo López
IS ProFx RELIABLE? OPINIONS
In this post I will analyze ProFx. Is ProFx forex investment course platform (with profxgroups.com 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 is an UNSAFE company AND I CONSIDER IT AS 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.
| Information | About the company |
|---|---|
| (I.e. Company | Not mentioned |
| ???? Address | Not mentioned |
| 📄 Attend the event | Not mentioned |
| 🛡️ Regulapain | Not mentioned |
| ️ ️ Phone | +44 7342 534360 |
| [email protected] | |
| 🌐 Website | profxgroups.com |
| ???? Live Chat | Yes |
| 💳 Payment methods | Not mentioned |
| ❓ Company type | forex investment course platform |
📞 LIST OF PHONE NUMBERS:
+44 7342 534360
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of accounts that ProFx offers; They are divided into 7 accounts. Here is a table with a little more information about minimum deposits by type of account.
| TYPE OF ACCOUNTS | MINIMUM INITIAL DEPOSIT |
|---|---|
| PROFX _01 BOT | $500 |
| PRIVATE MENTORSHIP | $1,000 |
| mentoring | $500 |
| PROFX BUY/SELL INDICATOR | $100 |
| Bronze | $50 |
| Gold | $300 |
| Platinum | $500 |
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
- Age of the website: the domain “profxgroups.com” was registered on September 16, 2023. That is, it is a website that is not very old. 🚩
- The website does not mention who it belongs to, we noticed a clear lack of transparency in very important data. 🚩
- As I mentioned before: the company does not mention being regulated, which makes me think that it is an unregulated company. 🚩
⭐ ProFx OPINION:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company does not mention its location. Here I can notice a very clear lack of transparency with key information that I should know in order to be able to evaluate the security of the company.
2) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.
3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “profxgroups.com” was registered on September 16, 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 mentions generating great profitability, which is so good and exaggerated, that I think it is false.
6) 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 is not regulated. It does not mention which company it belongs to. I honestly cannot recommend a company of this type.”
💬 WHAT TO THINK OF A COMPANY LIKE ProFx?:
ProFx presents itself as a site of concern and should be approached with extreme caution by any investor. One of the main reasons to stay away from ProFx is the lack of crucial information about its location. Transparency in this aspect is essential to establish investor confidence.
Another alarming factor is the lack of regulation of ProFx. Regulation in the financial field is essential to guarantee the protection of investors and compliance with ethical and legal standards. The omission of regulatory details suggests a lack of transparency and raises serious questions about the integrity of ProFx's operations.
The complaint by the FCA regulator, the UK Financial Authority, is a clear and forceful warning. The FCA is a respected entity and its reporting of irregular activities points to possible unethical or even fraudulent business practices by ProFx. This complaint should be considered a critical red flag and an additional reason for investors to stay away from the platform.It is strongly recommended to stay away from ProFx due to lack of information on its location, lack of regulation and complaint from regulator FCA.
📣 LATEST UPDATES:
1) Update December 2023: la FCA, UK Financial Authority, has denounced ProFx.
✔️ CLAIM MONEY FROM ProFx:
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.
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:
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:
ProFx is a forex investment course platform. The platform works with an automated system using trading robots.
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.
ProFx is a company that I consider UNRELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
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.
They are forcing me to decide to invest with them, I am afraid, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.
Hello John, ProFx 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.