Praxiscarma s.a. has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
For anyone considering Praxiscarma s.a., please be aware that this company has been flagged by Commissione Nazionale per le Società e la Borsa. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I was about to invest with Praxiscarma s.a. but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commissione Nazionale per le Società e la Borsa has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Commissione Nazionale per le Società e la Borsa|Cannot verify credentials
After spending for the past year and a half trying to make Praxiscarma s.a. work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Educational resources|Segregated accounts|Two-factor authentication
Cons: Inactivity fee applies after 12 months
Do not be fooled by the professional-looking website. Behind the scenes, Praxiscarma s.a. is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Multiple order types|High security standards
Cons: Mobile app could be improved|Charting tools need more indicators
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Praxiscarma s.a. is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials