Is XProGlobal scam or Legit? – ScamHelpers Investigation shows that it is a scam.
Website – https://xproglobal.com/
Why XProGlobal is a scam?
XProGlobal was included in the Belgium FSMA’s list of warnings.
The Belgian Financial Services and Markets Authority (FSMA) found out that XProGlobal is a fake online trading platform. XProGlobal is an unlicensed forex broker that does not provide any proof of its licensing or other information that may be utilized to track it down. XProGlobal asserts to be a licensed broker. Even though licensed brokers always put their credentials and licenses in a prominent place, the lack of such important information could be a sign that they are not licensed. It raises an alarm.
The Belgian Financial Services and Markets Authority (FSMA) also said that XProGlobal was a fake online trading platform.
The fact is that there are no regulations overseeing XProGlobal. It is risky to allow this broker to hold or handle investors’ money, and there is no legal safeguard for that money. As a result, it is a fraud.
The Ontario Securities Commission (OSC) issued a warning, stating that XProGlobal was not authorized to conduct securities trading in Ontario.
The Swiss Financial Market Supervisory Authority (FINMA) also warned that XProGlobal is not included in the commercial register.
If you are scammed by XProGlobal broker, you can file a complaint in the complaint form on top. You can also share your experience with the broker as a comment.