Procoinmarkets Review
7
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | January 2026 | 0 |
| February 2026 | 0 | |
| March 2026 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About Procoinmarkets
Procoinmarkets (also styled as PROCOIN MARKETS / ADVANCED MARKETS) is not authorised to provide financial services in the UK. The UK Financial Conduct Authority (FCA) issued a public warning stating that Procoinmarkets may be operating without the necessary permission. The warning includes the addresses: 10 Bloomsbury Way, Holborn, London, WC1A 2SL; 221 River Street, 9th Floor, Hoboken, NJ 07030, USA; and Spyrou Kyprianou 50, Irida 3 Tower, 10th Floor, Larnaca 6057, Cyprus. There is no protection via the UK's Financial Services Compensation Scheme or access to the Financial Ombudsman Service.
The broker’s claimed regulatory affiliation is false. Procoinmarkets purports to be a brand of “Procoinmarkets (Europe) Ltd,” allegedly regulated by CySEC under license number 183/12. However, that license belongs to HF Markets (Europe) Ltd, indicating misrepresentation. A field investigation in Cyprus failed to locate any physical presence at the provided address, confirming that the regulatory claim is invalid. ,
Pros and cons
Pros
- None confirmed
Cons
- Unauthorised to operate in the UK; users are not protected by regulatory compensation schemes or ombudsman services
- Misleading claims of CySEC regulation using a license number that belongs to another entity
- No verifiable physical presence at the declared Cyprus office
