Profit4x Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 18:22

Abstract：Profit4x is a broker. The tradable instruments include forex, CFDs, commodities, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is from 0.1 pips and the minimum deposit is $20. Profit4x is still risky due to its unregulated status and high leverage.

Profit4xReview Summary
Founded	2020-03-20
Registered Country/Region	Seychelles
Regulation	Unregulated
Market Instruments	Forex/CFDs/Commodities/Indices/Crypto
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.1 pips
Trading Platform	MT4(iOS/Windows/Android)
Min Deposit	$20
Customer Support	Email: support@profit4x.com
Customer Support	Facebook/Twitter/YouTube/Instagram/LinkedIn/Pintrest

Profit4x Information

　　Profit4x is a broker. The tradable instruments include forex, CFDs, commodities, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is from 0.1 pips and the minimum deposit is $20. Profit4x is still risky due to its unregulated status and high leverage.

Pros and Cons

Pros	Cons
MT4 available	Unregulated
Various tradable instruments	Inaccessible official website
Spread from 0.1 pips	High max leverage
Demo account available	Unspecific account and fee information

Is Profit4x Legit?

　　Profit4x is not regulated, making it less safe than regulated brokers.

What Can I Trade on Profit4x?

　　Profit4x offers 137 market instruments, including forex, CFDs, commodities, indices, crypto, and more.

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

Account Type

　　Profit4x has four real account types: demo, standard, classic, premium, and club. Traders who want low leverage can choose a club account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Standard	Classic	Premium	Club
Minimum Deposit	$20	$500	$2500	$10000
Spread	From 0.1 pips	From 0.1 pips	From 0.1 pips	From 0.1 pips
Commissions	From 0.08$/Micro Lot	From 0.07$/Micro Lot	From 0.06$/Micro Lot	From 0.05$/Micro Lot
Max Leverage	1:1000	1:500	1:500	1:100

Profit4x Fees

　　The spread is from 0.1 pips, and the commission is from 0.05$. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　Profit4x cooperates with the authoritative MT4 trading platform available in iOS, Windows, and Android to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	iOS/Windows/Android	Junior traders

Deposit and Withdrawal

　　The minimum deposit is $20. Profit4x accepts wire transfers for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.