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Score
Saint Lucia
Suspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
Add brokers
Comparison
Quantity 3
Exposure
Score
Regulatory Index0.00
Business Index5.18
Risk Management Index0.00
Software Index8.09
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
WinproFX Limited
Company Abbreviation
WinproFx
Platform registered country and region
Saint Lucia
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
WinproFxReview Summary | |
Founded | 2023-05-18 |
Registered Country/Region | Saint Lucia |
Regulation | Unregulated |
Market Instruments | Forex, Indices, Commodities, Cryptocurrencies, Precious Metals |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 0 pips (Standard account: 0.2 pips) |
Trading Platform | MT5(Web, Desktop, Mobile(iOS, Android)) |
Min Deposit | $10 |
Customer Support | Email: support@winprofx.com |
Phone: +97144471894 | |
Facebook/Instagram/LinkedIn/YouTube |
WinproFx is a broker that provides both beginner and professional traders with access to various opportunities across global financial markets including forex, indices, commodities, crypto, and metals. The broker also provides up to 500x leverage, different account type options, and a first deposit bonus. Traders can also access the popular MT5 trading platform through WinproFx. The minimum spread is from 0.0 pips and the minimum deposit is $10. WinproFx is still risky due to its unregulated status and hidden withdrawal information.
Pros | Cons |
Leverage up to 1:500 | Unregulated |
MT5 available | Unspecific withdrawal information |
Spread as low as 0 pips | No 24/7 customer aupport |
Demo account available | Some negative voices: scams |
Various tradable instruments |
WinproFx is not regulated, making it less safe than a regulated one, even though it claims it is regulated.
WinproFx offers 300+ market instruments, including forex, indices, commodities, cryptocurrencies, and precious metals.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Commodities | ✔ |
Cryptocurrencies | ✔ |
Precious Metals | ✔ |
Shares | ❌ |
Stocks | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
WinproFx has three account types: Standard, Pro, and ECN. Traders who want low spreads can choose an ECN 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. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
Account Type | Standard | Pro | ECN |
Minimum Deposit | $10 | $2500 | $5000 |
Spread | From 0.2 pips | From 0.1 pips | From 0.0 pips |
Commission | No | No | Up to $3.50 each side per lot |
Maximum Leverage | 1:500 | 1:500 | 1:500 |
Swap-Free | Available | Available | Available |
The spread starts from 0.0 pips, the commission is from 0, and the swap-free. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Traders can conduct financial activities in MT5, which is available on Mobile and Web through Android, iOS, Windows, and Mac OS. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Computer(Web, Desktop), Mobile(iOS, Android) | Experienced traders |
The first deposit amount must be $10 or above. WinproFx accepts MasterCard, Visa, Bitcoin, Bank Transfer, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Traders can get a 20% deposit bonus up to $2,000.
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