P&R Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-08 17:01

Abstract：Founded in 1999 and headquartered in the United Kingdom, P&R runs under an unsettling clone of FCA control. Although the platform provides trading through MT4, its doubtful regulatory status calls questions regarding its validity and safety for traders.

　　Note:P&R's official website:https://www.baoruihhf.com/en/ is currently inaccessible normally.

Aspect	Information
Company Name	P&R
Registered Country/Area	United Kingdom
Founded Year	1999
Regulation	FCA(Suspicious Clone)
Trading Platform	MT4

P&R Information

　　Founded in 1999 and headquartered in the United Kingdom, P&R runs under an unsettling clone of FCA control. Although the platform provides trading through MT4, its doubtful regulatory status calls questions regarding its validity and safety for traders.

Is P&R Legit or a Scam？

	Financial Conduct Authority(FCA)
Current Status	Suspicious clone
Regulated by	FCA
License Type	Investment Advisory License
License No.	788356
Licensed Institution	P&R Investment Management Limited

Downsides of P&R

　　P&R runs under a dubious clone of FCA regulation, which compromises its legitimacy and calls questions about its validity.

　　Lack of external monitoring and compliance increases the possible risk for traders since the broker lacks valid regulatory control.

　　Field studies revealing no physical office for P&R in the UK point to possible dishonest activities and lack of openness.

Conclusion

　　P&R is a high-risk broker without a physical office, dubious FCA control, or any active supervision. Selecting transparently operating controlled brokers is safer.