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Operating status: SCAM
Website: https://www.prosus-pro.com/
The Financial Conduct Authority (FCA) issued a warning against Prosus-Pro on 1st March 2023 after finding this broker providing financial services or products in the UK without authorization. https://www.fca.org.uk/news/warnings/prosus-pro
Prosus-Pro claims to be under various regulations including the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commision (ASIC).
However, our search for this broker on all these regulatory bodies' official websites mentioned above did not yield any results, proving that the regulatory status this broker provides is a false statement for unsuspecting investors. Additionally, it should be noted that the FCA issued a warning against Prosus-Pro for its providing financial products or services in the UK without authorization.
The truth is, Prosus-Pro is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
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