Prophoenix Trade Review
Welcome to our review on Prophoenix Trade.
We will explain why it is a scam that should be avoided by all means.
Prophoenix Trade is a dubious offshore broker just like Coinsfund .
One of the characteristics of offshore brokers is that they are anonymous and can disappear at any time without any notice whatsoever.
Offshore brokers more often than not, abuse regulations and they are not reliable at all.
It is prudent to look out for key details of a brokerage firm. This confirms its legitimacy and compliance with regulations.
The CEO of the firm’s information should be readily available, the person responsible for day to day running of the brokerage firm, detailed information on their physical contacts among others.For this company, these details are not available.
When the above information is lacking, it raises questions and as an investor you do not have even the slightest idea of who will be handling your hard earned money. This explains why your funds are not safe withthis broker.
Is your money safe with Prophoenix Trade?
Your money is definitely not safe with this broker. They have withheld key information about themselves which brings us to the conclusion that this is an offshore brokerage firm.
This broker has not provided any banking information thus they may go bankrupt any time.
Should you invest in Prophoenix Trade?
Once you deposit the minimum amount required , we guarantee that you’ll definitely lose it.
This broker is making money off you and in the most fraudulent ways while not caring about the losses you are making.
That is why even their trading conditions are not good.
Prophoenix Trade is a scam which will dube you to invest with them then they unceremoniously disappear with your money.
Have you been scammed by this broker? CLICK HERE to recover your money.
Website URL : www.prophoenixtrade.com