Our investigation into Pride Wealth found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Pride Wealth?
On the surface, Pride Wealth looks like an ordinary forex and crypto broker. Its public site is presented at https://pridewealth.com. But surface impressions are exactly what these operations rely on — the substance behind Pride Wealth is where the problems begin.
Is Pride Wealth regulated?
Pride Wealth 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
- Opaque or anonymous corporate ownership
- Offshore or shell-company registration used to avoid oversight
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- Account dashboards that show “gains” with no real market exposure
- No verifiable licence from a recognised financial regulator
Our analysis
Pride Wealth claims to be authorized by the Financial Services Regulatory Authority (FSRA) in Saint Lucia, is a licensed broker located in Dubai, U.A.E., which offers a range of investment products to traders, including forex and CFD instruments for trading in global markets. Upon investigation, we found that Pride Wealth Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. It is critical to note that this mere registration doesn't mean being licensed to carry on forex trading activities. The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, Pride Wealth's financial services for forex trading are not legitimate. However, Pride Wealth is also not authorized and regulated by the DuBai Financial Services Authority (DFSA), the Central Bank of U.A.E.(CBUAE), the Securities and Commodities Authority(SCA) in the United Arab Emirates. The truth is that Pride Wealth is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. Pride Wealth is a scam.
Can you recover money lost to Pride Wealth?
If you have deposited with Pride Wealth, 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 Pride Wealth?
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.