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Regarding the legitimacy of PRCBroker forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC,FCA,VFSC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Software Index

Full License

License

VFSC Offshore Regulated

Is PRCBroker safe?

The regulatory license is the strongest proof.

STP

CYSEC Straight Through Processing(STP) 17

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Straight Through Processing(STP)
  • Licensed Institution:

    Performance Ronnaru Company Ltd Performance Ronnaru Company Ltd
  • Effective Date:

    2014-10-30
  • Email Address of Licensed Institution:

    prc@cytanet.com.cy
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    www.prcbroker.com, www.prcmarkets.com
  • Expiration Time:

    --
  • Address of Licensed Institution:

    7B Andrea Papakosta street, Palouriotissa,1037 Nicosia, Cyprus
  • Phone Number of Licensed Institution:

    +357 22 250 328
  • Licensed Institution Certified Documents:

11 name
EEA

FCA European Authorized Representative (EEA)

Financial Conduct Authority

Financial Conduct Authority

Regulatory Agencies Introduction
  • Current Status:

    Revoked
  • License Type:

    European Authorized Representative (EEA)
  • Licensed Institution:

    Performance Ronnaru Company Limited Performance Ronnaru Company Limited
  • Effective Date:

    2016-01-08
  • Email Address of Licensed Institution:

    prc@cytanet.com.cy
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    http://www.prcbroker.com/,
  • Expiration Time:

    2020-12-31
  • Address of Licensed Institution:

    7B Andrea Papakosta Street1037 NicosiaCyprusCYPRUS
  • Phone Number of Licensed Institution:

    0035722250328
  • Licensed Institution Certified Documents:

11 name
Retail FX

VFSC Retail Forex License

Vanuatu Financial Services Commission

Vanuatu Financial Services Commission

Regulatory Agencies Introduction
  • Current Status:

    Offshore Regulated
  • License Type:

    Retail Forex License
  • Licensed Institution:

    Performance Ronnaru Capital Ltd Performance Ronnaru Capital Ltd
  • Effective Date:

    2022-12-20
  • Email Address of Licensed Institution:

    --
  • Sharing Status:

    No Sharing
  • Website of Licensed Institution:

    --
  • Expiration Time:

    --
  • Address of Licensed Institution:

    --
  • Phone Number of Licensed Institution:

    --
  • Licensed Institution Certified Documents:

11 name

Is PRCBroker a scam, or is it legit?

The latest exposure and evaluation content of PRCBroker brokers.

Profits is not withdrawn; a 1.03 million account was directly closed. They played the victim, claiming my profits caused a margin call, so I couldn't withdraw.
When the amounts were small, everything was normal. Margin calls were common; when the market moved and I made profits, the platform changed its tune. When I tried to withdraw my profits, they delayed and postponed until finally, they just closed my account. I couldn't access it, and their explanation was that my profits caused a margin call on PRC Broker's backend.
Withdrawal does not arrive for a long time
I paid two sums of money on 5.1 and 5.5 but it never arrived, and then I contacted their customer service on 5.10! As a result, the customer service said that he was unable to handle it, and then asked me to find their official email address. On 5.12, I sent an email to their official mailbox, and they replied to me, saying that I had violated the regulations, and I will be required to cooperate with their related investigations later! However, it is now May 22, and there has been no follow-up!
Unavailable trading and severe spread often occurs.
I am suspected that it is a scam platform since in which unavailable trading and severe spread often occurs. One is doomed to suffer losses when he trade in it.
PRCBroker's latest industry rating score is 7.21, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. PRCBroker If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.