Broker Review

Unauthorised Firm Details

Name: TradingPro
Website: tradingpro.com

Overview:
TradingPro positions itself as a global trading platform offering forex, CFDs, commodities, and cryptocurrencies. While it appears professional, several concerns have been raised regarding its operations.

Key Concerns

• Regulatory Issues: The UK’s Financial Conduct Authority (FCA) has issued a warning against TradingPro, stating that the firm may be providing financial services without proper authorization. This means UK clients have limited or no legal protection if issues arise.

• Withdrawal Difficulties: Multiple user reviews report challenges in withdrawing funds, including account freezes and unexplained deductions from withdrawal amounts. Some clients have also reported that their profits were removed or canceled when withdrawal was attempted.

• Mixed Customer Feedback: While some users have praised TradingPro for its low spreads and responsive customer service, others have expressed dissatisfaction with the platform’s performance and support.

• High Leverage Risks: TradingPro offers high leverage options, which can amplify both potential gains and losses. Such high leverage can be risky, especially for inexperienced traders.

Bottom Line

TradingPro presents itself as a comprehensive trading platform, but potential clients should exercise caution. Regulatory warnings and user complaints about withdrawal issues suggest that TradingPro may not be fully reliable. Traders should thoroughly research and consider alternative brokers with stronger regulatory oversight and more consistent customer feedback before engaging with TradingPro.