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MEGA PROFX TRADING

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Operating status: SCAM

Website: https://megaprofxtrading.com/

Broker violations and abnormal records
  • 2025-01-14 The FCA issues a warning against MEGA PROFX TRADING

    On January 15, 2025, the Financial Conduct Authority (FCA) issued a warning against MEGA PROFX TRADING, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/mega-profx-trading

    On January 15, 2025, the Financial Conduct Authority (FCA) issued a warning against MEGA PROFX TRADING, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/mega-profx-trading
  • 2025-01-16 BrokersView has reviewed that MEGA PROFX TRADING is an unregulated broker

    MEGA PROFX TRADING appears to be relatively new, with its domain name just registered in June 2024. The company claims to be licensed by a non-existing authority, SIC, to mislead unwitting investors. It offers a physical address in the US, which is associated with a real American company. However, our investigation suggests no connection between the genuine company and MEGA PROFX TRADING. MEGA PROFX TRADING also purports to have a branch in the UK, but the British major financial authority, Financial Conduct Authority (FCA), has issued a warning about the platform for the lack of the required authorization.

    In essence, MEGA PROFX TRADING is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.  MEGA PROFX TRADING appears to be a scam. 

    MEGA PROFX TRADING appears to be relatively new, with its domain name just registered in June 2024. The company claims to be licensed by a non-existing authority, SIC, to mislead unwitting investors. It offers a physical address in the US, which is associated with a real American company. However, our investigation suggests no connection between the genuine company and MEGA PROFX TRADING. MEGA PROFX TRADING also purports to have a branch in the UK, but the British major financial authority, Financial Conduct Authority (FCA), has issued a warning about the platform for the lack of the required authorization. In essence, MEGA PROFX TRADING is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. MEGA PROFX TRADING appears to be a scam.

Related Complaints

Q&A

Is MEGA PROFX TRADING a recommended investment platform?

Kamohelo
Italy
2025-04-02
ANSWER Dear Investor, We strongly urge investors to avoid dealings with MEGA PROFX TRADING due to serious concerns regarding its legitimacy. Our investigation shows that MEGA PROFX TRADING is a relatively new entity, with its domain name registered only in June 2024. The company falsely claims to be licensed by a non-existent authority, SIC, in an apparent attempt to mislead investors. Furthermore, while MEGA PROFX TRADING provides a physical address in the United States that is linked to a legitimate American company, there is no verified connection between the two. The firm also claims to have a branch in the UK; however, the Financial Conduct Authority (FCA) has issued a warning against it due to its lack of the required authorization. To protect your financial security, we strongly recommend avoiding any transactions or investments with MEGA PROFX TRADING.
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Is MEGA PROFX TRADING is a scam?

Mengay
Seychelles
2025-01-21
ANSWER Dear Investor, Thank you for reaching out to us. We have reason to believe that MEGA PROFX TRADING is a potential scam. MEGA PROFX TRADING has recently surfaced, falsely claiming to be licensed by a non-existing authority, the SIC, in an attempt to deceive unsuspecting investors. Additionally, the Financial Conduct Authority (FCA) has issued a warning against MEGA PROFX TRADING due to its lack of required authorization. In light of these concerns, we strongly advise against trading with MEGA PROFX TRADING to avoid becoming a victim of potential fraud. Always stay vigilant and conduct thorough research before investing. Stay safe and protect your investments.
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