Using an incredibly misleading name, ProFundsEU broker is trying to say they belong to highly trusted Tier 1 regulators and operate in the EU. However, the truth is far from this!
So read our trusted ProFundsEU review and gather all the information necessary to file a dispute and get your funds back.
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||Unlicensed Company / No Regulation|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||N/A|
|Broker Owner:||Pro Funds EU Corporation|
|Online Trading Platforms:||WebTrader|
|Mobile Trading:||Yes, via web browser|
|Minimum Deposit:||3,500 EUR|
|Deposit Bonus:||Up to 50%|
|Crypto Asset Trading:||Available|
|CFD Trading Option:||Yes, you can trade CFDs|
|Available Trading Instruments:||Currency Pairs (FX) / Commodities / Indices / Shares / Cryptocurrencies (Cryptos)|
|Islamic Account:||Not Available|
|Free Demo Account:||No, only live trading accounts|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is ProFundsEU Safe And Regulated? – The Importance Of Regulation
As mentioned, ProFundsEU forex broker definitely has a name associated with the EU. It’s allegedly a brand of Pro Funds Eu Corporation based in the UK. After reviewing the UK’s House Of Registered Companies, we discovered that this particular one is not registered and doesn’t exist.
Of course, it led us to ask whether ProFundsEU regulation is also non-existent as the owner.
What’s Wrong With License?
A short glance at the FCA register told us that this particular trading firm is not regulated, and you’re dealing with a fraudster. Since a broker’s license is the only thing that can guarantee withdrawals, being involved with an unlicensed company can do a lot of harm to your budget.
Be aware of the ProFundsEU trading scam, and don’t invest any funds with this brokerage.
Supported Trading Platforms – Available Trading Software
As expected from a fraudulent firm, the ProFundsEU trading platform is just a Web trader.
Pro Funds Eu WebTrader
ProFundsEU Web trader allegedly offers all of the execution types, 7 chart types, trading history, and 9 time-frames. However, there’s no Demo account, so we cannot prove if this is true or not.
Mobile Trading App
If you are looking for ProFundsEU login via mobile, you won’t find it. There is no app for iOS or Android devices, so you will have to use your web browser each time you want to access your account.
What Can You Trade With a ProFundsEU Broker?
The broker offers around 300 trading instruments, including:
- Cryptocurrencies (Cryptos)
- Currency pairs (Forex)
All instruments are available on the Web trader with a leverage of up to 1:500. This is yet another proof that the broker cannot be regulated since FCA is limiting its leverage to 1:30 for the Forex market and 1:2 for cryptocurrencies.
ProFundsEU’s minimum deposit is 3,500 EUR, which is rather high. You can start with as low as $100 with regulated brokers and have guarantees for your funds.
ProFundsEU Withdrawal Issues – No Money Withdrawal Guarantees
With brokers such as ProFundsEU, you have no guarantees at all. The company is an unregulated and unstable Forex and CFD provider that cannot promise that you will see your profit in the end. Since there is no regulator behind the entire scheme, nobody will help you if this particular company steals your funds.
One of the most common scams the company uses is the ProFundsEU bonus, where you will get a certain percentage of funds without knowing it will prevent your withdrawals until you reach an impossible rollover.
If your account has been frozen without an explanation or you have been told you owe funds for taxes, bonuses, etc., let us know. It’s a most common sign of a scam.
Scammed By ProFundsEU Broker? – Talk To Our Recovery Experts
If you fall victim to the ProFundsEU scam, let us know. Our recovery experts are here to hear your story and help you get your funds back. Tell us what happened, and we will be glad to assist you with this matter and help you start the chargeback procedure.
Contact us via online chat to book a free consultation with our chargeback specialists, and let’s get your money back before it’s too late!
All In All, Don’t Let the Scammers Get Away for Free!
What Is ProFundsEU, And Should I Invest Money In It?
Basically, ProFundsEU is an unregulated online CFD and Forex trading provider based in the UK.
What Is The ProFundsEU Minimum Deposit?
For now, ProFundsEU’s minimum deposit is 3,500 EUR for the Bronze account.
Can I Trade Cryptocurrencies And CFDs With ProFundsEU Broker?
Yes, you can trade both crypto and CFDs with a ProFundsEU broker.