Search

For more information about UNLIMITED FX PRO Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

UNLIMITED FX PRO Company

  

Unlimited FX Pro Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Unlimited FX Pro is a relatively new player in the forex and CFD trading industry, having been established in 2015. The company aims to provide a platform for traders to access various financial markets, including forex, commodities, and cryptocurrencies. Despite its recent inception, it has quickly garnered attention in the trading community.

  

Parent Company/Owning Structure

  Unlimited FX Pro operates as an independent brokerage. Its ownership structure is not explicitly detailed in the available resources, which raises questions about its corporate governance and accountability.

  

Headquarters Location

  The company's headquarters is located at 72 - 54 Bristol St, Cambridge, MA 02141, USA. This location places it within a region known for its technological innovation and educational resources, although it does not confer any specific regulatory advantages.

  

Global Business Scope

  Unlimited FX Pro offers trading services to clients worldwide, although its regulatory status limits its operations in certain regions. The company primarily targets retail traders looking for access to various financial instruments.

  

Main Regulatory Bodies

  As of now, Unlimited FX Pro operates without any valid regulatory licenses. This lack of regulation is a significant concern for potential clients, as it exposes them to higher risks associated with trading.

  

2. Company History and Development

  

Key Milestones

  Since its establishment, Unlimited FX Pro has focused on developing a user-friendly trading platform. However, specific milestones such as significant user growth or technological advancements have not been widely reported.

  

Business Expansion Journey

  The company has sought to expand its reach by offering various financial instruments, but its lack of regulatory oversight has hindered its ability to attract a broader client base.

  

Customer Base Growth

  While specific numbers regarding customer base growth are not available, the company has positioned itself as an accessible option for retail traders seeking diverse trading opportunities.

  

Platform Development History

  Unlimited FX Pro does not appear to offer popular trading platforms such as MetaTrader 4 or MetaTrader 5, which are industry standards. This absence may limit its appeal to traders who prefer these widely used platforms.

  

Important Awards or Recognitions Received

  There is no available information indicating that Unlimited FX Pro has received any notable awards or recognitions in the industry, which further emphasizes its relatively low profile.

  

3. Trading Services Offered

  

Forex Trading Options

  Unlimited FX Pro provides access to a variety of forex trading options, although the exact number of currency pairs offered is not specified. The platform aims to cater to both novice and experienced traders.

  

Stock Trading Options

  The company also offers stock trading options, allowing clients to invest in various equities. However, detailed information about the specific stocks available for trading is not readily available.

  

CFD Trading Products

  Unlimited FX Pro includes Contracts for Difference (CFDs) in its trading offerings. This allows traders to speculate on price movements without owning the underlying asset.

  

Other Financial Instruments

  In addition to forex and stocks, Unlimited FX Pro provides access to cryptocurrencies and commodities. The inclusion of over 40,000 cryptocurrency trading pairs is a notable feature, appealing to traders interested in digital assets.

  

Special Services or Unique Advantages

  One of the advantages of trading with Unlimited FX Pro is its commitment to providing a user-friendly platform that allows for fast execution and competitive spreads. However, the lack of regulatory oversight raises concerns about client fund protection.

  

  

Detailed Regulatory Information

  Unlimited FX Pro currently operates without any valid regulatory licenses. This unregulated status is a significant red flag for potential clients, as it exposes them to higher risks.

  

  The company operates primarily in the United States, but its lack of regulation means that it may not have a formal legal entity structure recognized by regulatory bodies.

  

Client Fund Protection Measures

  Due to its unregulated status, Unlimited FX Pro does not have any established client fund protection measures. This lack of protection can be a deterrent for potential clients who prioritize the safety of their investments.

  

Countries/Regions Served

  Unlimited FX Pro serves clients globally; however, the absence of regulation may limit its operations in regions with strict financial regulations.

  

Compliance History

  There is no available information regarding any compliance issues or legal challenges faced by Unlimited FX Pro since its inception.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Unlimited FX Pro faces competition from several established brokers in the industry, including:

  • FxPro: A regulated broker known for its extensive range of trading instruments and strong customer support.
  • IG Group: A well-established broker offering a wide array of financial products and comprehensive educational resources.
  • OANDA: A reputable brokerage known for its transparent pricing and robust trading platform.
  • eToro: A social trading platform that allows users to copy trades from successful investors.

  

Positioning in the Industry

  Unlimited FX Pro positions itself as an accessible trading platform for retail traders. However, its unregulated status and lack of established reputation hinder its competitiveness against more reputable brokers.

  

Market Differentiation Factors

  The primary differentiation factor for Unlimited FX Pro appears to be its focus on offering a wide range of cryptocurrency trading options. However, this advantage is somewhat undermined by its lack of regulatory oversight and established trading platforms.

  In conclusion, while Unlimited FX Pro aims to provide a diverse trading experience, its lack of regulation and transparency raises significant concerns. Potential clients should carefully consider these factors before engaging with the platform. For more information on trading options and services, please learn more.

  Back to Top