ANSWER If you are looking to engage with Prussia Fx, please drop the plan. If you have traded with this platform, please proceed with extreme caution and have no further deals with it.As per US law, firms engaging in forex trading and brokerage in this jurisdiction are required to be regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). However, Prussia Fx fails to meet that requirement as our search for this company in the register of the NFA didn't yield any matching results. While it claims to be authorized by the US Securities Exchange Act, Prussia Fx, in fact, doesn't comply with relevant regulations.In addition, despite having an address in the UK, Prussia Fx fails to seek authorization from the Financial Conduct Authority (FCA), as evidenced by the FCA warning.In essence, we strongly suggest investors stay away from unlicensed brokers like Prussia Fx and choose a fully regulated counterpart. Or the money and personal information are not protected by relevant rules.
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