ProofFx fake review: traders’ feedback on the scam broker
Review of the pretentious CFD broker ProofFx
The criminal CFD broker ProofFx is the ownership of a newly formed firm from an offshore area. At the moment, we will present facts confirming the improper behavior and blatant insanity of the company. Additionally, we will consider the key drawbacks of the website prooffx.com, which are unsuitable in professional circles.
Review of the broker firm with livemoney
In phone conversations and advertising emails inviting to earn unreal cash by entrusting your assets to “godfathers” ProofFx, the name of the well-known Pavel Durov and presumably his project Redton is mentioned. However, ProofFx is a platform of this project, where trading is charmingly convenient and profitable for players from CIS countries.
And by continuous methods on the Internet, it can be seen that Pavel Durov’s project is called TON. This is a blockchain project for decentralized information exchange. It is absolutely not related to grand wit. Thus, there is an abuse of the name and enterprises of the respected IT professional.
Review of the license that is not listed
CFD broker ProofFx offers financial services on behalf of the company DT-IT Group LTD since 2017. This solicitation is registered in a well-known offshore territory owned by the state of Saint Vincent and the Grenadines. However, the only local circulator, The Financial Services Authority (FSA), did not certify the broker firm ProofFx with a license to provide financial services and accumulate assets.
What does this mean for users and why is it so important to deal with a licensed broker? You will not be able to acknowledge the illegitimacy of the firm’s actions in providing financial services. It is also difficult to discuss investment returns. Perhaps it can be achieved through a chargeback. If you deliberately choose an unlicensed broker, be prepared to lose all initial investments without the possibility of appeal.
Website Review
What can a business card say about a businessman? This is a fragment of his image and the image of the company he manages or represents. But in the case of prooffx.com, this was probably forgotten. The developers decided not to bother with such details. The official website of the fake CFD broker is crooked and incomprehensible. The company clearly is not geared towards offering favorable trading conditions.
The ProofFx internet platform is designed in a concise style – there is no excess. The necessary information and useful sections are not in the form they should be. There is no mention of analytics, an educational section, providers, and price suppliers. There is an unclear range of trading opportunities and limitations.
The platform has versions in French, English, Russian, and Arabic. But there are fewer grammatical errors in the Russian version. This to some extent defines the main circle of platform users.
On the initial page, we see a couple of references to “Three simple steps to earning”. The number of online consumers specified at the naive market time is no more than 500 people (quite decent, assuming they are bots).
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Within the first scenario depicted in point 8, traders starting to work with its specialist begin to ask specific questions today. To which opportunities can be countered, that the trader himself lost his money because no one else has access to the account. In the second scenario, signed client letters will stop receiving responses, the account will be closed, or the account will be completely deleted.
It’s funny how the required deposits for fund withdrawals are tightly squeezed to the maximum extent. Why is it necessary to invest 6-7 times more than the amount the client wants to withdraw? Here is an example of how the broker ProofFx can rob your money:
Apparently another review, but this trader didn’t even start trading:
The next trader only partially managed to lose his money. However, he is concerned about the automatic play from his account without any confirmation from his side:
And another review of how to write off your balance without doing anything:
And this review is for those who trade with small amounts. The broker’s analysts will not handle personal matters if they do not see profits from the trader:
We help remember the alienated experience of cooperation with the CFD broker ProofFx. Do not assume that they treat you differently! Perhaps this random deprivation scheme works individually. But a firm with such a reputation generally cannot be trusted.
Our recommendation
The review of the trading platform prooffx.com shows not only the imperfections of the broker but also how easily it robs traders. CFD broker ProofFx does not deserve your attention, simply because it has nothing to offer. Everything is bad:
- a hastily constructed website,
- lack of founding documents,
- lack of transparent and understandable trading volumes,
- rude analysts and complete denial of responsibility.
In short, this firm is a scam! Be cautious!