　ProFx

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

Deposit & Withdrawal

This broker does not charge any deposit or withdrawal fees. The minimum deposit required is $10.

Deposit Methods:

Processor	Minimum Deposit	Deposit Fee	Deposit Time
Bank Wire	$50	Depends	24-48 Hours
Tether	$10	0%	Instant
Perfect Money	$10	0%	Instant
Bitcoin	$10	0%	Instant

Withdrawal Methods:

Processor	Minimum Withdrawal	Withdrawal Fee	Withdrawal Time
Bank Wire	$50	0%	24-48 Hours
Tether	$20	0%	24 Hours
Perfect Money	$20	0%	24 Hours
Bitcoin	$20	0%	24 Hours

Leverage Broker Dealer

Related broker

No Regulation

Pro Fx

Company name：Pro Fx Limited

Score

1.34

Website：https://www.profx.uk

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.34

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