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ProCFD Review: Procfd.com Scam Shocking Truths You Must Know

× Alert!
  • - Can't withdraw your funds from this fraudulent company?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:


Click the button below, fill out the form to recover your lost funds from this scam company


Click Here To Recover Your Stolen Funds

ProCFD Review: Procfd.com Scam Shocking Truths You Must Know

ProCFD is another Forex and CFD broker scam to hit the Forex market. This Forex broker firm is offering several account types for anyone interested to sign up. One of their main selling point when it comes to account type is the Islamic Swipe Free account. Islamic Free account has a leverage of nearly 500:1 with a Veta Trader Platform. Yes, you can either download it or get it online.

ProCFD Scam

A demo account is also available whose spreads were interestingly good. We say this because spreads were just 0 and 3 for the benchmark EUR/USD spread. ProCFD has over 30 Forex pairs not to mention CFDs with spot metals, stocks, Bitcoin, and indices. With all these good trading conditions, we highly recommend that you DON’T TRADE with ProCFD. Why? This broker is not regulated.

What are ProCFD’s Regulation and Safety of Funds?

 

According to the website, ProCFD is a Cyprus based company. That said, ProCFD is not regulated by the Cyprus Securities and Exchange Commission (CySEC). It’s not even regulated by any known securities exchange commission making it a questionable trading platform.

 Time. Go for Brokers who have the expertise to help you get real profits.

Trading safely should be the core to your Forex investment. You should feel secure when dealing with Forex brokers that have been regulated. You can get regulated brokers easily and trade knowing your money is safe.

It should be known that CySEC brokers are mandated by EU countries to maintain a minimum operational capital of 730,000 EUR. This ensures all clients funds are segregated to provide traders with a negative balance protection. This also allows for external audits and make regular reporting open for all. There’s always a client compensation fee of 20,000 EUR in case brokers go insolvent.

Try SMARD today, it is a bot designed for crypto traders and investors which uses advanced algorithms to profit from market fluctuations. No programming or trading knowledge is required to start. The algorithm relies on momentum effect strategies to systematically identify market winners. Below are the key reasons why everyone loves Smard.club:    1. You get up to 5% average monthly return on your starting capital.    2. The 10% monthly service fee is charged from your profits only. They don't make money unless you do!      3. You can start with as little as $1000 in your exchange account, meaning that you just need to connect your existing exchange (or open a new one) with Smard and begin trading right away!    4. No upfront payments for the service.    5. It's a smart way of investing in your favourite crypto coins - btc/altcoins, hurdling them while at the same time growing their values through auto-trading instead of just buy and forget.   Operating through API keys, SMARD ensures secure connections without requiring fund transfers to third parties. No upfront payment or card linking is needed. Try Smard today and see the real potential of your crypto portfolio, no upfront fees to pay!

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Another compensation scheme is under the Financial Conduct Authority (FCA) where brokers ensure 50,000GBP. This is insurance of all the trading capital.

How to Withdraw with ProCFD

 

What first raised a red flag was that there was no mention of payment methods on the ProCFD website. It should be noted that legit Forex brokers prefer credit card payments, wire transfers and e-wallet payment providers. ProCFD has not given details about this anywhere making us raise concern about trading with ProCFD.

Find out what to consider when testing AUTO trading robots

These are some of the best features to look for when looking for reliable cryptocurrency trading robots and take advantage of the volatile crypto market

  • Is it easy to use the robot?

Ease of use should be the first consideration when choosing a reliable automated trading robots. You want a robot you understand.

And this ensures the traders have a better chance of enforcing their strategies and increase the overall performance.

  • Improved order entry

These robots ensure there’s improved order entry and help execute trades promptly. Orders get generated as soon as the platform offers traders the best in terms of authenticity and reward. All you have to do is get authentic bots for your trading needs.

  • Semi Automation

Bots give data that allows traders to make informed decisions on whether to act on these prices or market data provided. And this makes semi-automation another key option traders have. Semi automation is best for the more experienced trader.

  • Complex and Sophisticated trading

Robots give traders a chance to place trade on more complex and sophisticated trades that otherwise would be a problem for manual traders. Complex trading also ensures traders get a lion’s share of the profit margins.

  • Anyone can use robots

No matter the class of trader, anyone can use these trades and hence offer the best in terms of authenticity. These are bots with an easy to use interface and standard educational materials and tutorials.

  • Is the robot transparent?

Transparency also plays an integral part in deciding the best robot to go for. You must choose a transparent robot that gives accurate data.

Please check and confirm if the data provided by the robot is accurate and matches the market’s values.

We are also urging readers to be aware of any trading bonuses ProCFD may offer you. Why are we saying this? ProCFD does not allow partial withdrawals. They also don’t allow members to withdraw money unless you’ve reached a trading volume of at least 10,000 times. If you don’t know what this means, it’s the total amount of all your net deposits. This can be challenging even for esteemed professional traders.

How Does ProCFD Scam Work?

 

ProCFD Review

Scammers are first thinking people and they always plan a step ahead. What they do is use services known as bot scams. These are scams from anonymous websites designed to entice Forex investors. These bot scams include well prepared video presentations and a feature story. Story in most cases is the same, getting easy returns quickly for a chance to invest in these bots.

In the beginning, no one will ask you about depositing money. All they want from you is to give them your email and phone address. When you register with them, you are transferred to another page. This page is usually of a scam broker firm. You will be asked to make a deposit of $250 in order for you to start earning money. What you don’t know is that people running the bot scams will get a commission.

What happens next is text book scam 101. Your first trades with the supposed scam broker will nearly double in a matter of days. However, all this is not real. Your account will be manipulated asking you to invest a large sum of money to get more money. At this stage, you will get a phone call from your supposed senior account manager. Account manager’s task is to ask you to invest at least $10,000. He claims this is what is needed for you to access some real cash.

What Happens after Depositing With ProCFD?

 

Most people don’t realize that after depositing $10,000, its when the scam owners disappear. When you claim you want to withdraw your money, they will bluntly refuse. They come up with excuses such as you don’t have the right to withdraw at that particular time. What’s also funny is that they claim you must have a minimum trade volume to withdraw. Why? They state that you had accepted to take their bonus.

Simply put, they will NEVER allow you to withdraw your money.

 

Are you interested in recommended and tested Forex Brokers that will help you earn real money? 

Avoid such troubles by joining Forex products that have a good reputation. Use products that have been tested and proved to make real money. This is the only way to trade safely with Forex as well as trade smartly.

Fake Reviews and Testimonials

 

ProCFD Fake

You can easily surf the web and see a lot of positive reviews going on regarding ProCFD. Note that these scammers are smart people and have hired expert webmasters. These webmasters post positive reviews to try and legitimize the scam. Once newbie investors see people are winning with ProCFD, they quickly sign up not knowing the dangers ahead. Testimonials are also fake and no one has actually won any sum with these fake broker firm. These are just phony people. Contact details they give is sketchy as no one has answered our emails or calls for days.

What should you do if scammed by ProCFD?

 

Your only option is to file a charge back with your credit card company. Good thing is that both MasterCard and Visa now allow a chargeback within a minimum of 540 days. This is after deposit has been made. Our advice on this matter is to file a charge back as soon as possible.

You should also refrain from giving scammers your credit card information. Never give these scammers your online banking password at any given time during registration. Once you give away your bank details, ensure you cancel your credit card. Don’t forget to change your online banking password.

Should I trust Recovery Agencies?

 

Never trust the so called recovery agencies. They claim to render recovery services but this is far from the truth. What they do is collect money in advance from you and you’ll never hear from them again. This leaves you even miserable than you were.

Is ProCFD a Legitimate Forex Broker?

 

Our findings reveal that ProCFD is NOT A LEGITIMATE FOREX BROKER. You should stay away from them and invest elsewhere.

ProCFD Final Verdict

 

ProCFD Scam Review

It’s a shame that fake foreign brokers such as ProCFD are scamming people. We can urge you to stay away from ProCFD at all costs.

 Having a forex broker who is approved by the trading community ensures you trade safely and comfortably.

2 Replies to “ProCFD Review: Procfd.com Scam Shocking Truths You Must Know”

  1. × Alert!
    • - Can't withdraw your funds from this fraudulent company?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

    It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:


    Click the button below, fill out the form to recover your lost funds from this scam company


    Click Here To Recover Your Stolen Funds
  2. Possible to communicate with you master to withdraw my money from the company porcfd My phone number is +49607828387619

    1. Hi,

      You can ask them to withdraw your funds and, if they refuse or insist on depositing more funds, you must file a chargeback with your bank or open a dispute with PayPal according to the payment method, then report the case to the local police.

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