Home -

Main body -

WikiFX Express

TMGM

Pro Web Trader-Some Important Details about This Broker

Pro Web Trader | 2023-01-12 17:51

Abstract：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 1.64/10. Trading with an unregulated broker is like playing fire. Please be aware of the risk involved.

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.

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.

Forex trading Forex Broker

Related broker

No Regulation

Pro Web Trader

Company name：Pro Web Trader

Score

1.42

Website：https://prowebtrader.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.42

Axi Bids AUD 52M to Acquire Low-Cost Broker SelfWealth, Outbidding Competitor Bell Financial

This acquisition attempt by AxiCorp Financial Services Pty Ltd, Axi’s parent company, values SelfWealth at AUD 0.23 per share and is notably higher than a recent bid made by Bell Financial Group Limited (ASX), which offered AUD 0.22 per share.

Original 2024-11-17 08:30

Crypto Influencer's Body Found Months After Kidnapping

The body of missing crypto influencer Kevin Mirshahi, abducted in June, was found in Montreal. A woman has been charged in connection with his murder.

Original 2024-11-17 08:00

Warning Against Globalmarketsbull & Cryptclubmarket

Are you thinking about investing in Globalmarketsbull or Cryptoclubmarket? Think again! The Financial Conduct Authority (FCA) issued a warning about these two firms. Here are the details of these unlicensed brokers.

Original 2024-11-16 08:30

Why Even the Highly Educated Fall Victim to Investment Scams?

Understanding why educated individuals fall victim to scams serves as a stark reminder for all traders to remain vigilant, exercise due diligence, and keep emotions firmly in check.

Original 2024-11-16 08:00