Company Profile
Company Profile
Review summary
Note: PROMARKETS' official site - https://promarkets-ltd.org/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| PROMARKETS Review Summary | |
| Company Name | PROMARKETS ONLINE LTD |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No Regulation |
| Market Instruments | N/A |
| Demo Account | N/A |
| Leverage | N/A |
| Spread | N/A |
| Commission | N/A |
| Trading Platform | N/A |
| Minimum Deposit | N/A |
| Customer Support | Tel: +37259324628, Email: support@promarkets-ltd.org |
| Company Address | Suite 305, Griffith Corporate Center, Kingstown, St. Vincent and the Grenadines |
What Is PROMARKETS？
PROMARKETS Online Ltd, registered in Saint Vincent and the Grenadines, is a brokerage lacking regulation and an available official website, with scarce information available.
Is PROMARKETS Safe or Scam？
Regulatory Sight: PROMARKETS is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: So far we haven't found any information about the security measures for this broker.
Customer Support
The customer support provided by PROMARKETS includes a telephone helpline at +37259324628 and an email address at support@promarkets-ltd.org for inquiries and assistance. Additionally, the company's physical address is Suite 305, Griffith Corporate Center, Kingstown, St. Vincent and the Grenadines, providing clients with a location for correspondence or meetings, if necessary.
Conclusion
PROMARKETS is operating without regulatory oversight. Due to their website being non-functional and the scarcity of information online, potential investors should be more cautious. We do not recommend users to trade with this broker.
Frequently Asked Questions (FAQs)
Q: Is PROMARKETS regulated or not？
A: No, it is not regulated.
Q: Can I visit PROMARKETS in person？
A: Yes, you can. You can try the address they provided: Suite 305, Griffith Corporate Center, Kingstown, St. Vincent and the Grenadines.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
FX1238807664
Turkey
Withdrawal request of 3,000 USD submitted on February 20. No payment received. No response from support or assigned advisor. Account still active but withdrawal pending. Requesting immediate processing.
Exposure
fxvo2200
Romania
I was creating a withdrawal request with ProMarkets on 27 Feb 2023 and they still didn`t approve it. Derek and Peter were calling and WhatsApp me every day in the beginning but since I requested my withdrawal nobody was answering. They only want you to deposit money and lose and when you making a profit the broker is not accepting withdrawals. I hope I will get at least my deposit back but so far all I can say is that the broker is not accepting withdrawals.
Exposure
Oi419
Netherlands
Unrealistic wins and loses are fake. It does not matter what you win or lose. You are still not able to withdraw. Money suddenly disappears out your account.
Exposure
Burkue
Russia
I was about to make a transaction when I noticed that there was an error in my account, but after calling customer service, they fixed the problem in time. But next time I won't necessarily choose PROMARKETS, they don't have a formal regulator, which worries me.
Neutral