PFx Scalper is an automated Forex trading system, commonly known as an Expert Advisor (EA), designed to capitalize on short-term market fluctuations. It primarily operates on the MetaTrader 4 (MT4) platform and is optimized for trading currency pairs like EURUSD and GBPUSD. The EA is configured to function effectively on the M15 time frame, aligning with scalping trading strategies.

User experiences with PFx Scalper are mixed. Some traders have reported positive outcomes, highlighting the EA’s capability to analyze multiple currency pairs simultaneously and execute trades automatically, which can save time and effort. However, others have raised concerns about its performance and reliability. A recent review cautioned that PFx Scalper might not be a legitimate broker but rather an ordinary trading tool, urging potential users to exercise due diligence before engaging with the platform.

Trustpilot features a limited number of reviews for pfxscalper.com, with an average rating of 3.5 out of 5 stars based on five reviews. This indicates a moderate level of user satisfaction, but the small sample size suggests that more comprehensive feedback is necessary for a definitive assessment.

It’s important to note that the ownership details of pfxscalper.com are concealed through a paid WHOIS service, which can be a red flag for some users concerned about transparency. Additionally, the website appears to have low traffic, and there are both positive and negative reviews available online. Given these factors, it’s advisable for potential users to conduct thorough research and consider starting with a demo account to evaluate the EA’s performance before committing real funds.

License and Regulation: Scam Broker

PFx Scalper does not appear to be licensed or regulated by any reputable financial authority. There is no evidence of oversight from organizations such as the FCA, SEC, CySEC, or ASIC. The lack of proper regulation raises serious concerns about the legitimacy of the platform. Unregulated brokers often operate without accountability, making it difficult for users to recover funds in case of fraud or misconduct. Investors should exercise extreme caution when dealing with PFx Scalper, as it may pose a high risk of financial loss.