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Pro Web Trader -

Score

1.42 /10
Danger

Pro Web Trader

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://prowebtrader.com

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Score

Regulatory Index0.00

Business Index6.27

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

Pro Web Trader

Company Abbreviation

Pro Web Trader

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pro Web Trader · Company summary
Basic Information
Registered Countries United Kingdom
Regulation No License
Company Name N/A
Minimum Deposit €250
Maximum Leverage 1:400
Minimum Spread N/A
Trading Platform N/A
Trading Assets Forex, CFD products
Payment Methods N/A
Customer Support Phone & Email

General Information

Pro Web Trader presents itself as an investment platform providing a series of forex and CFD trading products. Pro Web Trader seems to provide six types of trading instruments, namely Trial, Bronze, Silver, Gold, Platinum and Diamond. However, BloomsMarkets inaccessible official website and lack of essential information make us struggle in presenting a comprehensive picture of this broker.

When it comes to regulation, Pro Web Trader disappoints us a lot. This broker is not regulated by any regulatory authority, and here we can see that WikiFX has given it a very low score of 1.25/10. Trading with an unregulated broker is like playing fire. Please be aware of the risk involved.

wikifx-score

Account Types

Pro Web Trader provides a total six types of tiered trading accounts, namely Trial, Bronze, Silver, Gold, Platinum and Diamond accounts. The minimum deposit specifies the trading account, with the Trial accounts asking for €250 - €9,999, Bronze accounts requiring€10,000 - €24,999, Silver accounts requiring €25,000 - €49,999, Gold accounts requiring€50,000 - €99,999, Platinum accounts requiring€100,000 - €249,999 and Diamond accounts requiring€250,000 - €999,999. Honestly, Pro Web Trader, this unregulated broker, asks for so high minimum deposits is 99% a scammer trying to steal clients money.

Account Types Minimum Deposit Maximum Leverage Minimum Spreads
Trial €250 - €9,999 1:200 n/a
Bronze €10,000 - €24,999 1:200 n/a
Silver €25,000 - €49,999 1:200 n/a
Gold €50,000 - €99,999 1:300 n/a
Platinum €100,000 - €249,999 1:300 n/a
Diamond €250,000 - €999,999 1:400 n/a

Leverage

Pro Web Trader enables clients to use the maximum trading leverage up to 1:400, which is significantly higher than the appropriate amount set by many regulators: the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

Pro Web Trader can be reached through calling it at +44 2476982916 or sending emails through contact@prowebtrader.com.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Multiple types of trading accounts No regulation
High leverage up to 1:400 Insufficient company information
Poor customer support
Limited trading instruments
High minimum deposit requirements

Frequently Asked Questions

Is Pro Web Trader regulated？

No, Pro Web Trader is not regulated anyway.

What is the minimum deposit required by Pro Web Trader？

The minimum deposit required by Pro Web Trader is 250 euros.

What is the maximum trading leverage offered Pro Web Trader？

The maximum trading leverage offered is up to 1:400.

User Reviews

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User comment

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Comments

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Smile95314
more than one year
I recently withdrew funds last week, and the withdrawal process was quick and efficient. However, the withdrawal initiation time this week was longer than expected. The initial account conditions were below standard, making the execution of trades below $200 challenging.
I recently withdrew funds last week, and the withdrawal process was quick and efficient. However, the withdrawal initiation time this week was longer than expected. The initial account conditions were below standard, making the execution of trades below $200 challenging.
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2024-01-31 19:02
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FX1406532743
more than one year
Total scam they entice you in and convince you that can make you thousands if you invest more money. DON'T! Absolute rubbish, they bombard you with calls and emails from what appear to be local numbers from your country but they are in the UK. They won't refund your money as I have found out.
Total scam they entice you in and convince you that can make you thousands if you invest more money. DON'T! Absolute rubbish, they bombard you with calls and emails from what appear to be local numbers from your country but they are in the UK. They won't refund your money as I have found out.
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2023-03-21 18:33
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