Prolifics Market is a platform offering trading in forex, indices, stocks, precious metals, energy, ETFs, and cryptocurrencies. The platform claims to support trading through its proprietary software and cTrader. However, the download links provided on its website only redirect to the homepage.
Entity Information
Upon investigation, Prolifics Market does not have any legitimate corporate entity. Although the platform provides some company registration and regulatory information, these are clearly contradictory, detailed below.
Website Information
The official website of Prolifics Market is prolificsmarket.com. According to a Whois search, this domain name was registered on February 11, 2025.
Trading Account Information
Trading Platform
- Prolifics Market claims to support the cTrader trading platform.
Trading Fees
- Forex, energy, and precious metals: $2.5 per lot ($100,000 traded) per side.
- Stocks and ETFs: $1 per lot (100 shares).
- Indices and cryptocurrencies: No commission.
Trading Conditions
- Spreads: Starting from 0.0 points.
- Leverage: Up to 1:500 for retail clients.
- Minimum trade size:
- Forex, precious metals, energy, cryptocurrencies: Micro lot trading supported.
- Stocks and ETFs: Minimum trade size is 1 lot (1 share).
Account Rules
- Stop-out level (margin call level): 5%.
- Minimum deposit requirement: No minimum deposit required.
- One-click trading, chart trading: Supported.
- Hedging: Allowed.
- Negative balance protection: Supported.
- Stop loss/take profit minimum distance: No restrictions (0 points).
Order Execution Types
- Market orders, stop orders, limit orders, stop limit orders.
- Open market orders, stop loss/take profit orders, trailing stop orders, one cancels the other (OCO) orders.
- Timed orders, good till day orders.
Trading Methods
- Manual trading, copy trading, and automated trading supported.
Cross-Device Trading
- Trading can be done via web, desktop, and mobile platforms.
Swap-Free Option
- Islamic accounts (swap-free accounts compliant with Muslim faith) offered.
- Swap-free application form must be filled and belief proof submitted to [email protected].
Deposit and Withdrawal Methods
Deposit Methods
- Visa/MasterCard/Maestro (supported currencies: EUR, AUD, CAD, CHF, GBP, JPY, PLN, USD, THB).
- Bank transfer (supported currency: EUR).
- WebMoney (supported currencies: EUR, USD).
- Deposits arrive instantly, bank transfers might take 1-5 working days to process.
- The platform does not charge deposit fees, but banks might charge transfer fees.
- If system detects deposits and withdrawals being abused, the platform reserves the right to charge a payment processing fee from the account holder.
Withdrawal Methods
- Withdrawal methods are the same as deposit methods, and all withdrawals must be processed via the same method as deposits:
- Visa/MasterCard/Maestro: Supports EUR, AUD, CAD, CHF, GBP, JPY, PLN, USD, THB, processed within 24 hours.
- Bank transfer: Supports EUR, free of charge for amounts over 1,000 euros, possibility of bank fees for amounts below that, processed within 24 hours.
- WebMoney: Supports EUR, USD, processed within 24 hours.
- Minimum withdrawal amount for bank transfers is 20 euros, maximum fee of 60 euros per withdrawal.
- Withdrawal requests are typically processed within 1-5 working days.
- If there is no trading activity or complete inactivity for 90 days, a 5% fee will be deducted upon withdrawal.
Regulatory Information
The platform claims to be regulated under multiple financial jurisdictions, as follows:
- Cyprus CySEC Regulation
- Regulator: Cyprus Securities and Exchange Commission (CySEC)
- License number: 138/11
- Seychelles FSA Regulation
- Regulator: Financial Services Authority Seychelles (FSA)
- License number: SD037
- US SEC Registration
- Prolifics Market Limited registered in the USA, registration number 801-110657
- Website claims to be licensed by the US Securities and Exchange Commission (SEC), CRD#131442
- FINLEY FINANCIAL, LLC Regulatory Statement
- Website claims Prolifics Market™ is a trademark of FINLEY FINANCIAL, LLC, registration number SEC#: 801-110657
- Claims the company is registered as a US investment company and regulated under Markets in Financial Instruments Directive (MiFID II)
However, further investigation reveals:
- The Cyprus License (138/11) and Seychelles License (SD037) claimed on the website actually belong to broker TopFX.
- The providedCRD#131442/SEC#: 801-110657 belongs to FINLEY FINANCIAL, LLC and is not related to Prolifics Market.
Agency Policy and Educational Resources
- The official website does not provide agency partnership policies.
- Educational resources only include some market news and educational articles dated 2020, with updates being significantly outdated.
Company Address and Employee Information
- The website claims the company address is 1709 NE 27th St # B, McMinnville, but, based on the above information, this address is likely fabricated.
- No company member information is disclosed on the website, nor can any employee information be found through public networks.
Website Traffic and Template
- According to Semrush data, Prolifics Market's website receives less than 100 monthly visits, indicating minimal usage of the platform.
- The platform uses the same website template as several scam companies (such as wealth-Algo, Cascade Crest, Pim Crest Market), suggesting it may be a mass-produced trading platform.
User Reviews and Brand Exposure
- Currently, no user reviews about Prolifics Market can be found online.
- There is also no news related to this platform.
Contact Information and Social Media
- Contact information provided on the official website:
- Phone: +15163086423
- Email: [email protected]
- No communication accounts are set up on mainstream social media platforms such as LinkedIn, Facebook, Instagram, Twitter, YouTube.
Risk Report
- Questionable Company Entity: Investigation reveals no legitimate company entity, with dubious registered address and corporate information.
- Contradictory Regulatory Information: Claimed licenses are not consistent with actual inquiry results, potentially misleading investors.
- Trading Software Issues: Website claims to provide cTrader and proprietary software, yet download links only redirect to the homepage, questioning the authenticity of the trading software.
- Low Traffic: Extremely low website traffic, indicating almost no actual users on the platform.
- Website Template Concerns: Shares the same website template with several exposed scam companies, posing associated risks.
- No User Reviews: No authentic user reviews can be found online, undermining credibility.
- Withdrawal Restrictions: Withdrawals might incur high fees and come with various additional terms.
In conclusion, Prolifics Market's legitimacy and compliance are highly questionable, and investors need to carefully assess the risks associated with this platform.
