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TRXprotrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-04 16:10

Abstract:TRXprotrade is an unregulated trading platform established in the United Kingdom within the past 2-5 years. It offers 5 types of market instruments including forex pairs, commodities, indices, shares, and digital currencies, with leverage up to 1:500.

TRXprotradeReview Summary
Founded2-5 years
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex pairs, commodities, indices, shares, and digital currencies
Demo Account/
LeverageUp to 1:500
Spread3pips
Trading PlatformTRXprotrade platform
Min Deposit$250

  Note: TRXprotrade's official website: https://www.trxprotrade.com/ is currently inaccessible normally.

TRXprotrade Information

  TRXprotrade is an unregulated trading platform established in the United Kingdom within the past 2-5 years. It offers 5 types of market instruments including forex pairs, commodities, indices, shares, and digital currencies, with leverage up to 1:500.

Pros and Cons

ProsCons
Offers five types of trading productsUnregulated
Provides six account typesMinimum deposit of $250
Leverage up to 1:500

Is TRXprotrade Legit?

  TRXprotrade is an unregulated trading platform, which is not safe.

Is TRXprotrade Legit?

What Can I Trade on TRXprotrade?

  TRXprotrade offers 5 types of trading products, including forex pairs, commodities, indices, shares, and digital currencies.

Tradable InstrumentsSupported
Forex pairs✔
Commodities✔
Indices✔
Shares✔
Digital currencies✔

Account Type

  TRXprotrade offers six account types: TRXPRO, PREMIUM, INVEST, INDIVIDUAL, PRO, and START.

Account TypeMinimum DepositMinimum Spread
TRXPRO€400-
PREMIUM€25,000-0.2
INVEST€10,000-0.1
INDIVIDUAL€5,000-
PRO€1,000-
START€250-

TRXprotrade Fees

  TRXprotrade offers different minimum deposits and spreads. The PREMIUM account provides a spread of 0.2, while the INVEST account offers a spread of 0.1. However, the broker does not disclose any commission fees.

Leverage

  TRXprotrade claims that its maximum leverage is up to 1:500.

Trading Platform

  TRXprotrade offers a simple web-based platform but does not support MT4 or MT5.

Trading PlatformSupportedAvailable DevicesSuitable for
TRXprotrade platform✔WebBeginner
MT5❌Mobile and Desktop(Windows & macOS)Experienced Trader
MT4❌Mobile and Desktop(Windows & macOS)Beginner

Deposit and Withdrawal

  The minimum deposit requirement for TRXprotrade is $250, and there are several payment methods available, including VISA, Mastercard, Neteller, Skrill, PayPal, and bank wire.

  Besides, the TRXprotrade platform has a trading volume requirement of 1000 lots before withdrawals are permitted. Additionally, a 20% fee is charged on withdrawals, and the minimum withdrawal amount is set at $1000.

PlatformTrading Volume RequirementFee/Tax on WithdrawalMinimum Withdrawal
TRXprotrade1000 lots20% on withdrawal$1,000

  

Related broker

No Regulation
TRXprotrade
Company name:TRXprotrade
Score
1.36
Website:https://www.trxprotrade.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.36

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