Reported as a scam / unregulated
Why PrideForex is on the register
PrideForex claims to be a regulated Forex broker located in the United Kingdom,offering a range of investment products to traders, including Cryptocurrencies, Spot Metals, Forex, Spot Indices, Commodities, Futures and more instruments for trading in global markets. But it lacks detailed regulatory information. A company that offers financial services must have financial license in the country where it is located. Upon investigation, we found that PrideForex is not regulated by the United Kingdom Financial Conduct Authority (FCA). The truth is that PrideForex is not regulated by any regulators. Letting it hold or control investors’money is unsafe, and the money can not be protected by any laws. PrideForex is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.