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Forex City Pro

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Operating status: SCAM

Website: https://forexcitypro.com/

Broker violations and abnormal records
  • 2024-08-27 BrokersView has reviewed that Forex City Pro is an unregulated broker

    According to its website, it is located in Iraq. Upon investigation, no matching information was found in the Central Bank of Iraq (CBI).

    Therefore, Forex City Pro is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Forex City Pro appears to be a scam.

    According to its website, it is located in Iraq. Upon investigation, no matching information was found in the Central Bank of Iraq (CBI).Therefore, Forex City Pro is not regulated at all. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Forex City Pro appears to be a scam.

Related Complaints

Q&A

Is Forex City Pro safe for investing?

Ed
Mali
2024-08-29
ANSWER Dear Investor,We are concerned that Forex City Pro may be a scam.The company claims to be located in Iraq, where forex trading is limited due to international sanctions and local regulations. Therefore, Forex City Pro is operating in an unregulated environment.We strongly suggest you avoid using Forex City Pro due to its unregulated status. Investors dealing with this company may risk losing their funds without viable ways to recover them if any issues arise, as there is no legal recourse.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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