Warning: Is ProCopy Trade a Scam?
ProCopy Trade (pro-copytrade.com) has been flagged as a potential scam broker. It lacks regulation from major authorities.
Review: ProCopy Trade (pro-copytrade.com)
Be wary of ProCopy Trade (pro-copytrade.com); it shows several signs of a fraudulent scheme.
We found that the company name is Procopy Trade Ltd, it is located at 225 Central Park West, New York, NY 10024, the phone number is '+44 7888 880119, and the support email is support@pro-copytrade.com.
ProCopy Trade claims to be a investment provider, but it is illegal by any major commission, like the ASIC or CySEC.
Victim of ProCopy Trade?
If ProCopy Trade fails to return your funds, you need to act. Fill out the inquiry below to consult our cyber-forensics team for a no-obligation assessment.
Is ProCopy Trade Safe?
Our check reveals that ProCopy Trade does not hold a valid license.
Investing with unregulated firms is highly unsafe. Real firms are must be registered with agencies like the SEC, ASIC, or FCA to protect investors.
ProCopy Trade operates without this supervision. This means there is no legal recourse if they withhold your money. Many investment fraud involve unregulated entities, and recovering funds from them is difficult without expert assistance.
For instance, in Europe, unlicensed firms are not covered by the compensation schemes. In the US, they are not members of SIPC, so your money is at risk.
How They Steal Money
Online trading fraud is evolving. Fraudsters use manipulation to steal your savings. Below are typical tactics used by brokers like ProCopy Trade (pro-copytrade.com).
Pig Butchering & Romance Scams
The "Romance Scam" is a brutal tactic where scammers build trust over weeks. They fake a romance on social media. Once trust is built, they introduce a special investment. It's a trap to get you onto a scam site like ProCopy Trade.
Rigged Platforms
Scammers create websites that look exactly like legit trading apps. You see graphs and balances that go up. But it is a simulation. The scammer manipulates the prices to convince you so you invest more. When you try to withdraw, the "profits" disappear.
Other Warning Signs
- Cold Calling: They call you from "brokers" out of the blue.
- Unregulated: The firm has no authorization.
- High Returns: They promise huge profits with no risk.
- Withdrawal Issues: They refuse withdrawals. They demand "tax fees" first.
- Aggressive Sales: Agents push you to deposit more.
Ignore fake reviews. Scammers frequently post their own 5-star comments to appear real.
Final Thoughts
Our verdict is to block ProCopy Trade. It appears to be a fraud. Protect your money and use a licensed broker. Avoid pro-copytrade.com at all costs.
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