Abstract:Bing ProFX is allegedly a forex broker based in UK, provides its clients with supreme trading platforms, different classes of trading assets, as well as variable spreads and a choice of four account types.
Note: Since this brokers official site (https://www.bingprofx.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information
Bing ProFX is allegedly a forex broker based in UK, provides its clients with supreme trading platforms, different classes of trading assets, as well as variable spreads and a choice of four account types.
Market Instruments
From Bing ProFXs name, we can easily know it mainly offers trading on forex, other more specific trading instruments are unknown due to its inaccessible website.
Account Types
Bing ProFX offers four different account types to its clients – Classic, Standard, Premium and VIP. The minimum initial deposit for the Classic account is $500. The other three accounts start at $1,000, $5,000 and $10,000 respectively.
Spreads & Commissions
Spreads are significantly affected by what account types you are holding. The spreads in the Classic accounts start from 1.9 pips, the Standard account from 1.5 pips, the Premium account from 1.2 pips, and the VIP account from 0.6 pips. Other more detailed information about spreads and commissions are not available.
Customer Support
Bing ProFXs customer support can be reached through telephone: +447451211284, email: support@bingprofx.com. Company address: Collingham Place, South Kensington, London, SW5.
Explore this story where we have highlighted how fake forex brokers use mule accounts to dupe investors.
Attention investors and traders! If you want to invest in the forex market, be careful not to choose these scam brokers. This warning list is issued by the Financial Conduct Authority.
Scam brokers involved in the forex market who act genuine in the beginning but turn out to be frauds in the end. Choosing UbitMarkets could lead you to serious losses. Check out this article to know why we’re saying this.
With countless options available in the currency market, choosing the best forex pairs to trade can feel overwhelming, especially for new traders. However, focusing on a select few can give you a strong advantage. Certain pairs consistently stand out due to their liquidity, predictable behaviour, and the economic influence behind them. Whether you’re fine-tuning a strategy or just starting out, these five forex pairs offer a solid foundation.