Reported as a scam / unregulated
Why ProXMarkets is on the register
ProXMarkets claims its website is owned and operated by Synergy Squad EOOD , a company incorporated under the laws of the Union of Comoros, and that all trading services are provided by HeadPro Corp Market , which is authorized by the MWALI International Services Authority (MISA) under License Number BFX2025099. Upon investigation, we found that Synergy Squad EOOD is not authorized by any Comoros regulatory body. While HeadPro Corp Market appears to be registered with a valid license number, the company has not registered its operating website with MISA. Additionally, MISA is an offshore regulator with extremely weak oversight and low international recognition, and we cannot fully verify the authenticity of the license information. Therefore, we consider ProXMarkets as a potential 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.