Platform - regulated - legit ?

profx trading hub
profxtradinghub.live

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Hi there,

Thanks for your question. After reviewing ProFX Trading Hub (profxtradinghub.live), I found several red flags suggesting it may not be a legitimate broker:

  • No Valid License: Despite claiming to be “Licensed and Regulated,” I couldn’t find any evidence of them being authorised by a recognised financial authority.
  • Inconsistent Naming: The website URL (profxtradinghub.live) doesn’t match their name (“ProTradingFXHub”), which is unusual and raises concerns.
  • Similar Names Under Warning: The FCA (UK regulator) has issued a warning about a similarly named entity, “PRO FX TRADING,” which is unauthorised. While not identical, the similarity is troubling.

Given these issues, I recommend avoiding this platform. Legitimate brokers are always fully transparent about their regulatory status.

For safe trading, I strongly recommend using a regulated broker. You can find a list of trusted and reputable brokers here: BrokerReviews.

Best,
Samuel