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No Regulation
Score
1.11 /10
Danger
PROXTREND
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.93
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-11-16
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
PROXTREND Information
PROXTREND is a financial services company operated by Proxtrend Ltd., and registered in Mwali, Comoros. They provide personalised investment plans, market analysisi and educational resources. However, they are not regulated by any major financial authorities and their customer service is limited to email and contact forms. This makes it very inconvenient and risky for traders to deal with them.
Pros and Cons
| Pros | Cons |
| Offer personalized investment plans to meet your needs. | Lack of Regulation |
| Providing market analysis and educational resources is helpful for beginners | Limited Customer Service: Only provide email and contact form, lacking phone or live chat options. |
Is PROXTREND Legit？
PROXTREND is operated by Proxtrend Ltd, a Company registered in Mwali(Moheli) island, authorised and regulated by the Mwali International Services Authority with license number BFX2024053. Proxtrend Ltd is located at P.B. 1257 Bonovo Road, Fomboni, Comoros, KM.
However, its regulatory information can't been found, and it has not been regulated by other well-known regulatory authorities such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC).
What Can I Trade on PROXTREND？
PROXTREND provides comprehensive financial services, including tailored investment strategies, market analysis, and educational resources.
Customer Service
PROXTREND provides customer support by email and the contact form on the website. They don't have phone and live chat support at present.
| Contact Options | Details |
| Phone | None |
| info@proxtrendltd.com | |
| Support Ticket System | None |
| Online Chat | None |
| Social Media | Yes |
| Supported Language | English |
| Website Language | English |
| Physical Address | P.B. 1257 Bonovo Road, Fomboni, Comoros KM |
| Live Chat | None |
| Contact Form | Yes |
The Bottom Line
PROXTREND provides adequate investment guidance services to meet the needs of new traders. However, PROXTREND is not suitable for those who seek immediate help, because its customer service only supports email and contact forms on the website.
FAQs
Is PROXTREND a safe broker to use？
No, because PROXTREND is not regulated by any major financial agencies, using it carries some risk.
Is PROXTREND good for beginners？
Yes, PROXTREND offers various resources such as market analysis and educational resources, which are helpful for beginners.
Is PROXTREND good for day trading？
PROXTREND isn't the best choice for day trading. They provide limited customer service, and intraday traders usually need immediate help.
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