Friday, September 20, 2024

Investor Warning Against SR Trade Forex

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The UK Financial Conduct Authority (FCA) has warned against the broker scam SR Trade Forex. SR Trade Forex claims to be a pure STP (straight-through processing) broker and Exchange, so, therefore, do not and cannot trade with you. On some pages of SR Trade Forex‘s website, we also found references to FXPro Market scam. In this respect, we assume that the two are operated by the same perpetrators. We found banks from India and Pakistan as payment processors.

Key Data

Trading namesSR Trade Forex
FXPro Market
Domainhttps://srtradeforex.com
https://profxmarkets.com
Legal entitynot disclosed
JurisdictionUnited Kingdom
St. Vincent & The Grenadines
Related individualAli Abdulahad
Payment optionsBankwide,
Crypto (USDT)
Payment processorsIDFC First Bank Jaipur Vidhyadhar Nagar
Allied Bank (PK67ABPA0010044204340016)
AuthorizationNo
WarningFCA

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If you have any information about SR Trade Forex, FXPro Market, or any other scams, please let us know via our whistleblower system, Whistle42.