Procoinmarkets presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of Procoinmarkets uncovered.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Procoinmarkets?
On the surface, Procoinmarkets looks like an ordinary forex and crypto broker. Its public site is presented at https://procoinmarkets.com/homes/. But surface impressions are exactly what these operations rely on — the substance behind Procoinmarkets is where the problems begin.
Is Procoinmarkets regulated?
Procoinmarkets provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.
Red flags we identified
- Unrealistic profit claims and pressure to deposit more
- Offshore or shell-company registration used to avoid oversight
- No verifiable licence from a recognised financial regulator
- Opaque or anonymous corporate ownership
- Account dashboards that show “gains” with no real market exposure
Our analysis
On 12 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Procoinmarkets may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/procoin-markets-advanced-markets
Can you recover money lost to Procoinmarkets?
If you have deposited with Procoinmarkets, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by Procoinmarkets?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.