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TradingPro
TradingPro claims to be owned and operated by TradingPro International Limited, allegedly licensed in Vanuatu under the registration number 40178, and incorporated in Saint Vincent and the Grenadines with license number 24611 BC 2018. They state they are regulated by the Financial Services Commission (FSC) of Mauritius.
However, the Vanuatu license number doesn't exist. While corresponding records were found on the registers of the Financial Services Authority (SVG FSA) and the Mauritius FSC, the SVG FSA does not license or regulate forex trading brokerage activities. Additionally, the Mauritius FSC does not provide adequate company information for verification, including the associated website address. This makes it unclear if TradingPro is truly operating under the supposed Mauritius license.
As a result, whether TradingPro is properly authorized to provide financial services or products is significantly questionable. Even if they were supervised by the Mauritius FSC, it would remain extremely risky, as the offshore financial regulator provides lax supervision and minimal protections. Moreover, TradingPro offers leverage as high as 2000:1 and does not offer bank transfer for funding accounts, which raises further concerns.
TradingPro claims to be owned and operated by TradingPro International Limited, allegedly licensed in Vanuatu under the registration number 40178, and incorporated in Saint Vincent and the Grenadines with license number 24611 BC 2018. They state they are regulated by the Financial Services Commission (FSC) of Mauritius.However, the Vanuatu license number doesn't exist. While corresponding records were found on the registers of the Financial Services Authority (SVG FSA) and the Mauritius FSC, the SVG FSA does not license or regulate forex trading brokerage activities. Additionally, the Mauritius FSC does not provide adequate company information for verification, including the associated website address. This makes it unclear if TradingPro is truly operating under the supposed Mauritius license. As a result, whether TradingPro is properly authorized to provide financial services or products is significantly questionable. Even if they were supervised by the Mauritius FSC, it would remain extremely risky, as the offshore financial regulator provides lax supervision and minimal protections. Moreover, TradingPro offers leverage as high as 2000:1 and does not offer bank transfer for funding accounts, which raises further concerns.
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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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