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FX PRO AI

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Operating status: SCAM

Website: https://fxproai.com/

Broker violations and abnormal records
  • 2023-08-23 The UK FCA issues a warning against FX PRO AI

    On August 24, 2023, the Financial Conduct Authority (FCA) issued a warning against FX PRO AI, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/fx-pro-ai

    On August 24, 2023, the Financial Conduct Authority (FCA) issued a warning against FX PRO AI, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/fx-pro-ai
  • 2023-08-27 BrokersView has reviewed that FX PRO AI is an unregulated broker

    FX PRO AI intentionally calls itself as FxPro to create the impression that they are in connection to the established forex platform FxPro. However, there is no any indication that it is affiliated to the licensed one. FX PRO AI uses misleading information to fool unsuspecting investors.

    While FX PRO AI displays an address in the UK, it fails to seek authorization from the Financial Conduct Authority (FCA), as evidenced by the FCA warning. According to the FCA, FX PRO AI is an unauthorized firm illegally targeting British citizens.

    In essence, FX PRO AI is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. 

    FX PRO AI is unequivocally a scam.

    FX PRO AI intentionally calls itself as FxPro to create the impression that they are in connection to the established forex platform FxPro. However, there is no any indication that it is affiliated to the licensed one. FX PRO AI uses misleading information to fool unsuspecting investors.While FX PRO AI displays an address in the UK, it fails to seek authorization from the Financial Conduct Authority (FCA), as evidenced by the FCA warning. According to the FCA, FX PRO AI is an unauthorized firm illegally targeting British citizens.In essence, FX PRO AI is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. FX PRO AI is unequivocally a scam.

Related Complaints

Q&A

Why FX PRO AI the balance in my account different from the amount I deposit?

Jose Gbara
Russia
2023-09-27
ANSWER This discrepancy between the balance displayed in your account and the actual amount you deposited stems from the fraudulent nature of FX PRO AI. This platform is deceptive, and the numbers within your account may be entirely fictitious.FX PRO AI deliberately refers to itself as "FxPro" to mislead unsuspecting investors, attempting to create the false impression that they are affiliated with the reputable broker FxPro. However, our investigation has confirmed that they are not connected.Despite having an address in the UK, FX PRO AI has failed to obtain authorization from the Financial Conduct Authority (FCA). The FCA's warning further underscores this situation. According to the UK financial watchdog, FX PRO AI is an unauthorized firm unlawfully targeting British citizens. You can refer to here for the full warning.Therefore, FX PRO AI is an unregulated and unsafe broker that cannot be trusted with investors' money. There are no legal guarantees or safeguards for the funds deposited with FX PRO AI. Those dealing with it are at risk of falling victim to fraud and identity theft. To avoid such a disaster, it is advised to choose a fully regulated broker instead.
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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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