STAY AWAY from Pratconi, it’s an illegal broker – review

Pratconi broker webIn this review we have a look at the cryptocurrency broker Pratconi.

Pratconi is a broker that allows you to trade cryptocurrencies with leverage. It will also provide you with trading signals that are allegedly generated by a team of trading experts.

Pratconi also claims to be involved in crypto mining, so you allegedly can get a passive income thanks to its cloud mining program.

Pratconi is illegal

Illegally operating in the UKPratconi is owned by a Bulgarian company called Orston Partners, but it allegedly has offices in the United Kingdom.

Because Pratconi doesn’t let you buy cryptocurrencies directly, it needs to be regulated. The broker obviously lets you trades derivatives, since you can take short positions and use leverage. Derivatives trading is regulated no matter the underlying asset.

So, Pratconi needs a licence from the Financial Conduct Authority, but it hasn’t got one. This means that Pratconi is an illegal broker.

Trading signals?

Trading platformAnother reason why Pratconi needs a licence, is that it provides trading signals, which in fact is investment advice. Since Pratconi is not regulated, it cannot legally provide any trading signals.

On a more general note, we have never seen a broker providing reliable and profitable trading signals. Think of it this way: if you know how to trade profitably and make big money, would you sit behind a desk as a broker’s employee and be giving your strategy for free to other people? Of course not!

So, we are pretty sure that signals from Pratconi won’t make you any money.


Pratconi is a broker that is breaking the law, because it is operating in the UK, but has no authorization to provide investment services. Your money would not be protected with this broker!

If you are interested in trading cryptocurrencies, start on a free demo with a regulated broker.

You need to learn a build a profitable strategy before potentially investing real money.

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9 thoughts on “STAY AWAY from Pratconi, it’s an illegal broker – review

  1. Pratconi is a scam of the highest order. Invested 1500 USD to try bitcoin and after talking to about 6 bloody Asian advisors to give my investment back, they somehow transferred my information to company called Bormancorp who are just as bad. I have been trying to get my money back for 2 years and have given up. If you receive a call from a damn Asian advisor do yourself a favour and hang up and go to the movies – at least you will get some return. Scam, Scam, Scam

  2. Pratconi is a bullshit scamming company. They are all thieves.Please run from them. I got scammed with 1250 euros. Unable to withdraw my money or profits. All consultant with the company are fu*king asshole.

  3. is absolutely SCAM! We invested 25 000 EUR and faced with impossibility to withdraw our fund!
    The same scammer own and They lure you with attractive trading result on behalf of you, their broker work with your deposit and constantly asks you to put more money to give you good earning percentage.
    However once you wish to withdraw your earnings you can’t do it! You press withdraw button, but nothing happens!

    1. Did you report them by the police?
      I am planning to report them tomorrow. They made some mistakes by me and they transferred me twice money.
      If you need more information contact me.

  4. I tried pratconi with jack shit results. I invested $500AU and lost it all but I have been harassed by them by many different brokers and at this current time I’m still being harassed. One broker said that I should sell my house to fund my account I told him to go fu*k himself.

  5. I tried pratconi I made little money.I have tried to withdraw my funds but have not received.I supplied them with all information needed do you think I will get it but I can’t get it back and I can’t reach them again

  6. I tried pratconi I made little money.I have tried to withdraw my funds but have not received.I supplied them with all information needed do you think I will get it

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