Warning: Is ProTrade24 a Scam?

Investigation: ProTrade24 ( protrade24.net)

We analyzed ProTrade24 ( protrade24.net) and discovered critical facts.

We found that the company name is ProTrade24, it is located at 31 Barfleur Lane, London, England, SE8 3DD, and the support email is support@protrade24.net.

ProTrade24 presents itself as a financial platform, but it appears currently not authorized by any credible commission, like the ASIC or CySEC.

Have You Lost Funds to ProTrade24?

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Regulatory Check: ProTrade24

The major issue is that ProTrade24 ( protrade24.net) lacks regulation to operate.

Investing with unregulated entities is extremely dangerous. Legitimate firms are always registered with agencies like the SEC, ASIC, or FCA for your protection.

ProTrade24 lacks this supervision. As a result, there is no protection if they keep your funds. Many investment fraud use unlicensed entities, and recovering funds from them is challenging without expert assistance.

For example, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not part of SIPC, meaning your money is at risk.

Common Scam Tactics

Investment fraud is getting smarter. Criminals use social engineering to steal your savings. Here are typical tactics used by brokers like ProTrade24 ( protrade24.net).

The "Romance" Trap

The "Romance Scam" is a brutal method where scammers build trust over weeks. They build a friendship on social media. Once trust is built, they mention a "lucrative" crypto opportunity. It is a lie to get you onto a fake platform .

Fake Trading Dashboards

Scammers create websites that mimic real trading apps. You see graphs and balances that go up. But it is a simulation. The broker controls the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" you don't know.
• Unregulated: The firm lacks legal registration.
• Guaranteed Profits: They guarantee huge profits with no risk.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
• Aggressive Sales: Agents pressure you to deposit more.

Do not trust fake reviews. Fraudulent brokers frequently write their own positive reviews to look legitimate.

Final Thoughts

ProTrade24 is unsafe. It appears to be a scam. Protect your money and find a licensed broker. Avoid protrade24.net at all costs.