Pro Fx Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-30 13:59

Abstract：ProFX is a UK-based trading platform established in 2011, offering five types of financial instruments, including forex, commodities, CFDs, indices, and cryptocurrencies. It features variable spreads and three account types, but it operates without regulatory oversight.

Pro Fx Review Summary
Registered Country/Area	UK
Founded Year	2011
Company Name	Pro Fx Ltd
Regulation	Unregulated
Minimum Deposit	$500 (ECN Account)
Maximum Leverage	1:1000
Spreads	Starting from 0 pips for ECN
Trading Platforms	VERTEX FX
Tradable Assets	Forex, Commodities, CFDs, Indices, Cryptocurrencies
Account Types	ECN, ECN Prime, Pro
Demo Account	Yes
Islamic Account	Yes
Customer Support	Website: https://www.profx.uk
	Phone: +44 7862 068336
	Email: info@profx.uk、support@profx.uk
	Social Media: Facebook (https://www.facebook.com/profxgb) and Instagram (https://www.instagram.com/profxgb)
Payment Methods	Bank Wire; Tether; Perfect Money; Bitcoin

Pro Fx Information

　　ProFX is a UK-based trading platform established in 2011, offering five types of financial instruments, including forex, commodities, CFDs, indices, and cryptocurrencies. It features variable spreads and three account types, but it operates without regulatory oversight.

Is Pro Fx legit?

　　ProFX is not regulated and does not hold any licenses. Its domain profx.com was registered on October 11, 1996, and is set to expire on October 10, 2025.

Pros and Cons

Pros	Cons
5 market instruments	Unregulated
3 account types	High leverage up to 1:1000
No deposit or withdrawal fees
4 customer supports

What Can I Trade on ProFx?

　　ProFX offers five types of instruments: forex, commodities, CFDs, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
CFDs	✔
Indices	✔
Cryptocurrencies	✔

Account Types

　　ProFX offers three types of live trading accounts: ECN, ECNPrime, and Pro. ECN is suitable for high-volume traders, while ECNPrime is designed for moderate-volume traders. Pro is ideal for beginners or low-volume traders. The platform also provides a demo account and Islamic accounts.

Leverage

　　ProFx provides leverage options as follows: ECN accounts offer leverage up to 1:1000, while both ECNPrime and Pro accounts offer leverage up to 1:500.

Account Type	Leverage
ECN	1:1000
ECNPrime	1:500
Pro	1:500

Spreads and Commissions

　　The spreads start from 0 pips, and both the ECNPrime and Pro accounts have no commissions.

Account Type	Spreads	Commission per Round Turn Trade
ECN	From 0 pips	$7
ECNPrime	From 1 pip	No commission
Pro	From 1.6 pips	No commission

Trading Platform

　　ProFx supports the VERTEX FX trading platform, which is designed for traders of all experience levels. However, there are no access of MT5 platform.

Trading Platform	Supported	Available Devices	Suitable for
VERTEX FX trading platform	✔	Mobile and Desktop（Windows & macOS）	All Traders
MT5	❌	Mobile and Desktop（Windows & macOS）	Experienced Traders