Working hours Mon-Fri: 09.00 - 19.00
Email info@brokertribunal.com

Forex Broker Rating

Prax Limited

Prax Limited

Information about the broker Prax Limited

Rating: 1
Jurisdiction: USA
Regulators: CySEC
Foundation date: 2026
Site: https://praxlimited.com

Brief information Prax Limited

Prax Limited presents itself as a global brokerage company that offers traders worldwide the opportunity to trade a broad selection of financial instruments. 

The company states that it has been operating on the financial market for many years and declares affiliation with NYSE, FINRA, and SIPC, along with oversight by CySEC and the Commodity Futures Trading Commission. At the same time, the official website does not provide scanned licenses or any formal paperwork verifying the company’s legal registration or the claimed regulatory status. Incorporation records are likewise not published in open access.

The company indicates its head office location as One Pickwick Plaza, Greenwich, CT 06830, United States. For customer assistance, an email contact is provided: support@praxlimited.com.

Prax Limited

The broker PraxLimited operates several web domains, including 

  • praxlimited.com,

  • platform.praxlimited.com.

Trading is carried out via a proprietary online platform, which is promoted as a comprehensive solution designed for both novice traders and experienced market users. The platform overview emphasizes user-friendly design, advanced analytical features, and access to a wide range of financial markets.

According to the information published, the available trading instruments cover 

  • shares of public companies, 

  • digital assets, 

  • foreign exchange pairs, 

  • market indices, 

  • raw materials, 

  • various derivative products such as futures and options.

Details regarding account types are not disclosed on the website. The only parameter mentioned is a minimum initial deposit of 250 US dollars, while trading conditions, fee structure, and account specifications are not outlined in advance.

The supported payment options include 

  • Visa and MasterCard cards, 

  • wire transfers, 

  • cryptocurrency wallets. 

Processing times for withdrawals are stated to range between 1 and 3 business days, though no clear procedural framework is provided.

Professional Traderin 60 days

Learn the formula for breakeven trading

Details
Find "your" broker with the help of the BrokerTribunal project. Read reviews and reviews, focus on the rating and use the tips from the blog. To confirm your findings, order free consultation lawyer.
90% of brokers are scammers. What to do? Refer to an independent broker rating. Order a consultation our expert and start earning with a proven company.
If you trusted the broker, and he deceived you, this is not the end. Start the banking procedure and return all your funds within a day or two months.Get a free analysis your situation from a lawyer.
Get your hands on step by step plan for breakeven trading in any financial market. Learn from professionals, earn money using proven strategies.

Trader Reviews

The Prax Limited project actively lures people in through dating sites. Girls write to them, quickly gain their trust, steer the conversation toward investments, and carefully lead them to register with this broker. Then the so-called analysts get involved, and the scheme unfolds according to the standard scenario. In short, it's a complete scam. Money should be withdrawn through lawyers - https://wa.me/37060076070

  • 5 hours ago

Prax Limited is a classic scam. First, analysts paint a perfect picture, show balance growth, and convince you that profits are already in the bag. As soon as it comes to withdrawal, the account is suddenly frozen. To unblock it, they demand an urgent deposit of about $1,200 within three days. At the same time, they intimidate with consequences: huge fines, criminal liability, talk of real prison terms. All this pressure is used for one purpose only - to extract more money.

  • 1 day ago

LEAVE FEEDBACK

Register, for the company to know about your feedback

Prax Limited does not withdraw funds?

Learn how to get a refund

Choosing a broker?

Caution!
In the forex market, 90% of brokers are scammers!

Request a free consultation and find out more

To learn more