Review summary
MoneyProX, operating under the company name Flamingo Clearing House Ltd, is a relatively new entity within the forex brokerage space. Established within the last year, it is registered in the Comoros. According to WikiFX data, the broker's operational profile raises significant concerns, most notably its complete lack of authoritative regulatory oversight, as indicated by a regulatory index of zero. The entity's business scope is officially categorized as 'Suspicious'. Its overall WikiFX score stands at 1.05, reflecting an exceptionally high-risk profile. Public exposure on the platform highlights issues regarding its regulatory status and operational legitimacy. MoneyProX offers several account tiers with entry conditions ranging from $500 to $150,000 and maximum leverage of up to 1:400, which are typical offerings; however, these conditions are offered without the safety net of a recognized regulatory framework. In summary, this broker operates as an unregulated offshore entity, presenting a severe risk due to the absence of credible financial supervision or investor protection mechanisms. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-11)
