Prollite Stock Capitol is a contract-for-difference (CFD) brokerage that registered its official domain on October 3, 2023. This broker provides numerous trading markets, including forex, options, digital currencies, and CFDs, primarily through its proprietary trading platform. It does not offer services to countries and regions where doing so would violate local laws or regulations.
Business Registration Information and Regulatory Status
Information available on the official website of Prollite Stock Capitol (prollitestockcapitol.com) indicates that the broker is headquartered in New York and is regulated by the U.S. Commodity Futures Trading Commission (CFTC), the Belize International Financial Services Commission (IFSC), and the Cyprus Securities and Exchange Commission (CySEC).
Upon verification, no entities named Prollite Stock Capitol were found in the records of the National Futures Association (NFA), the Belize International Financial Services Commission (IFSC), or the Cyprus Securities and Exchange Commission (CySEC). (The registration and examination of intermediary institutions are conducted by the NFA under the supervision of the CFTC.)
Therefore, Prollite Stock Capitol is, in fact, a fraudulent website with no regulatory oversight and suspected of false advertising.
Account Opening Process
The account opening process for Prollite Stock Capitol trading accounts involves navigating to the homepage of the broker's official website, clicking "SIGN UP" to access the account registration page, filling in personal information such as name, email address, and phone number, setting a login password, and then submitting. After submission and account verification, registration is complete.
Trading Plans
The Prollite Stock Capitol website does not disclose the types of trading accounts offered, account spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade volumes, maximum position/order sizes, or minimum price increments.
Trading Platform
Prollite Stock Capitol offers its proprietary trading platform to users.
Deposits and Withdrawals
Prollite Stock Capitol only supports deposits and withdrawals via digital currencies.
Conclusion
Traderknows reminds investors that Prollite Stock Capitol is actually a scam website with false advertising and no regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation for their trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.
