Should You Trade with TradingBrokerPro?
UK’s FCA and Italy’s CONSOB have warned the public about TradingBrokerPro. With this kind of warning, you’d think no one would take the risk of signing up with this broker. Unfortunately not enough people have gotten the message about this problematic broker. That is why we have made these broker reviews–to keep people from trading with fraudulent brokers. Given the high-profile warnings against TradingBrokerPro, it’s safe to say that this broker should be avoided.
We Have Found Some Problems with TradingBrokerPro
TradingBrokerPro doesn’t have a license. This is a serious problem. A lack of license means no oversight. If something happens when you trade with TradingBrokerPro, you can’t complain to the regulator, who can suspend their license or revoke it if there are a number of complaints. The lack of transparency on this broker’s site doesn’t give us any reason to trust TradingBrokerPro. Therefore, we urge you to look for regulated brokers who have a solid reputation.
Red Flags Concerning TradingBrokerPro:
- No transparency
- No license
- Flagged by CONSOB and FCA
- Bad reviews
What Should You Do If You Have an Account with TradingBrokerPro?
We do not recommend opening an account with TradingBrokerPro. If you do hold an account with this broker, close it right away and ask for a withdrawal of your funds. If the broker will not allow you to retrieve your funds, talk to professionals right away. We will investigate the matter, track down the broker and your funds, and will help you prepare your claim.