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Profiforex

Profiforex | 2025-01-03 14:14

Abstract:Profiforex was registered in 2006 in Belize, and it claims to offer trading services related to currencies, indexes, and metals. It uses Mobius Trader 7 and MT4 as its trading platforms, and the leverage can be up to 1:500. However, this company is not regulated, and potential risks still exist.

Profiforex Review Summary
Founded2006
Registered Country/RegionBelize
RegulationNo regulation
Market InstrumentsCurrencies, indexes and metals
Demo Account✅
LeverageUp to 1:500
Spread/
Trading PlatformMobius Trader 7, MT4
Min Deposit/
Customer SupportLive chat
Email: finance@profiforex.com (7 a.m. - 4 p.m. London time Mon-Fri); support@profiforex.com (24 hour); partner@profiforex.com (24 hour)
Address: Corner Hutson & Eyre Street, Suite 302, Blake Building Belize City, Belize

Profiforex was registered in 2006 in Belize, and it claims to offer trading services related to currencies, indexes, and metals. It uses Mobius Trader 7 and MT4 as its trading platforms, and the leverage can be up to 1:500. However, this company is not regulated, and potential risks still exist.

Profiforex's homepage

Pros and Cons

Pros Cons
Long operation timeLack of transparency
Demo accounts availableLack of regulation
MT4 supported
Multiple payment options
Live chat support

Is Profiforex Legit?

No, Profiforex is not regulated by the financial services regulatory authority in Belize, which means that the company lacks regulation from its registration site. Besides, its domain status shows that client transferring is prohibited. Please note the potential risks.

No license
Domain information

What Can I Trade on Profiforex?

Profiforex provides trading services on currencies, indexes, and metals trading.

Tradable Instruments Supported
Currencies✔
Metals✔
Indexes✔
Commodities❌
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Profiforex?

Account Type

Profiforex offers 2 types of accounts, including Standard Account and Micro Account. Besides, demo accounts are also available. However, it does not reveal the detailed information about these accounts.

Account Type

Leverage

As is shown on its official website, the leverage can be up to 1:500. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Leverage

Trading Platform

Profiforex uses Mobius Trader 7 and MT4 as its trading platforms.

Trading PlatformSupported Available Devices Suitable for
Mobius Trader 7✔PC, web, mobile/
MT4✔PC, web, mobileBeginners
MT5❌/Experienced traders
Trading Platform

Deposit and Withdrawal

Profiforex accepts several types of payment options, such as credit/debit card, Bitcoin, Dash, Skrill, Webmoney, Ethereum, Litecoin, and Perfect Money.

Deposit and Withdrawal

Related broker

No Regulation
Profiforex
Company name:Profiforex
Score
1.59
Website:https://www.profiforex.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.59

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