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Profx Desk
On June 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website profxdesk.com. According to information available to BaFin, Sanbarnet group limited is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_21_profxdesk_com_en.html
On June 25, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the website profxdesk.com. According to information available to BaFin, Sanbarnet group limited is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_06_21_profxdesk_com_en.htmlWhile Profx Desk claims to be located in St. Lucia, it fails to provide any valid evidence to prove its legitimacy in the forex market as a broker. What's more, it is critical to note that forex trading activities are not licensed in St. Lucia.
In addition, the Federal Financial Supervisory Authority (BaFin) has warned consumers about the website profxdesk.com. According to BaFin, it is providing financial and investment services without the required authorization.
In essence, Profx Desk 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.
Profx Desk appears to be a scam.
While Profx Desk claims to be located in St. Lucia, it fails to provide any valid evidence to prove its legitimacy in the forex market as a broker. What's more, it is critical to note that forex trading activities are not licensed in St. Lucia.In addition, the Federal Financial Supervisory Authority (BaFin) has warned consumers about the website profxdesk.com. According to BaFin, it is providing financial and investment services without the required authorization.In essence, Profx Desk 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.Profx Desk appears to be a scam.
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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.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.