High Risk
Reported as a scam / unregulated
SF-707503registry entry
Why ProEquityMarkets is on the register
There is no any regulatory information on its website, it claims to be a subsidiary of FRNG Limited and locates in the U.K, but we don’t find any results on the U.K Financial Conduct Authority (FCA) matching to ProEquityMarkets/FRNG. The truth is that ProEquityMarkets is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. ProEquityMarkets 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 toward the right next step. We are 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.