ProWebTrader Review

About ProWebTrader

Pro Web Trader (domain: prowebtrader.com) is not listed in the register of the UK's Financial Conduct Authority (FCA) and operates without a license from any recognized financial authority. No license numbers or regulatory approvals are found. Analysts consider this a high-risk unregulated offshore broker. Regulation: No ()

The broker claims to operate from London, United Kingdom, with an address at 77 Leadenhall St, London EC3A 3DE, and provides a UK phone number. However, the absence of regulatory registration with the FCA raises serious concerns about legitimacy. ()

Account types reportedly include Trial (€250–€9,999), Bronze (€10,000–€24,999), Silver (€25,000–€49,999), Gold (€50,000–€99,999), Platinum (€100,000–€249,999), and Diamond (€250,000–€999,999), with maximum leverage up to 1:400. No verified information is available on trading platforms, spreads, commissions, base currencies, swap-free options, hedging/scalping rules, or fund protection. ()

Pros and cons

Cons

• Unregulated, not registered with FCA or any recognized authority; no license numbers provided ()
• Lacks transparency on ownership, legal entity, and regulatory oversight ()
• Excessively high minimum deposit tiers (starting at €250 and up to €999,999) ()
• No information on client fund protection, segregation, negative balance protection, or compensation schemes ()
• Website certificate issues reported; potential security warnings ()

Pros

• Claims to offer tiered account structures with scalable deposit requirements and leverage levels ()