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Pros

Established platform with years of experience in the industry.
Offers customer support via phone and email, providing a level of assistance to users.
Focuses on delivering forex trading news, which can be valuable for traders seeking insights.

Cons

Operating without formal regulation, posing significant risks related to fund security and trading practices.
Limited information available on trading conditions, market instruments, and account requirements, making it hard for potential users to evaluate the service.
No demo account option, which restricts beginners from practicing or familiarizing themselves with the platform before committing real funds.

ProFinance.ru broker Accounts

ProFinance.ru Account Type

ProFinance.ru offers its clients two types of accounts: demo accounts and real accounts.

  • Demo Account: This account is designed for traders to familiarize themselves with the platform without risking real money. It allows users to practice trading strategies in a simulated environment using virtual funds.

  • Real Account: This account enables traders to conduct trading under real market conditions. Clients can trade various financial instruments, including currency pairs, company stocks, stock indices, and other assets. However, users have reported a limited selection of assets compared to other platforms, along with a high minimum deposit requirement and difficulties in fund withdrawal.

  • ProFinance.ru Broker Account Opening Process

    The account opening process for ProFinance.ru involves several steps:

    • Registration: Since 2018, new accounts on the ProFinance.ru portal are no longer being created. The broker serves only previously registered users. Existing clients can register by filling out a personal data form and signing a user agreement sent to the company's office.

    • Account Types:

      • Demo Account: Available for all registered users to practice trading.
      • Real Account: Requires a minimum deposit, which is reported to be relatively high.
      • Funding the Account: For money deposit operations, ProFinance.ru accepts bank transfers, with a minimum transaction amount of $100.

      • User Experience: Clients have expressed concerns regarding delays in fund withdrawals and inconveniences in financial operations, indicating a need for potential users to consider these factors before opening an account.

      • Overall, while ProFinance.ru has been operational for over 25 years, its lack of external regulation and the suspension of new user registrations may pose risks for potential investors.

ProFinance.ru accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
ProFinance.ru Account