Prop Plus

A prop firm's credibility can't be judged only by its track record or by profit payouts to some of its users; its legal identity, licenses and the ability to pursue disputes also matter a great deal. Prop Plus has been operating since 2023, but its website shows no clear information about its founder, registered company, domestic registration number or head office address. The firm has also not presented any license from reputable financial regulators such as FCA, ASIC or CySEC. Although prop firms don't necessarily have the same structure as brokers, the lack of a clear legal entity and an independent supervisory authority can make it hard for users to pursue disputes over account rejections or unpaid profits. 

Another part of assessing Prop Plus relates to Neon Markets, the broker on which the firm's trading accounts are provided. The company «Neon Markets Ltd» is registered in Saint Lucia as an international business company under number 2025-00327; however, registering a company does not mean obtaining a financial services license. 

Despite these points, no court ruling, official warning from regulatory bodies or reliable evidence proving that Prop Plus is a scam has been published so far. Even so, the ambiguity about its legal identity and managers, the lack of an official address and operating through an offshore broker without credible regulation increase the risk of working with it. Overall, Prop Plus is an active firm but without strong regulatory backing, and users should carefully review the account rejection and profit withdrawal rules before buying a challenge and keep all their payment records and correspondence.