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Rating Index
Pros
Low minimum deposit requirement, allowing new traders to start with minimal risk.
Multiple deposit and withdrawal options available, providing flexibility for users.
Offers a trading platform (MT5) with access to various financial instruments, including forex, CFDs, and commodities.
Cons
Lacks regulatory approval, making it a high-risk platform for traders.
Numerous complaints from users about withdrawal issues, hidden fees, and poor customer support.
Aggressive marketing tactics and false promises of guaranteed profits raise significant red flags about the platform's legitimacy.
Promax Trading broker Accounts
Promax Trading Account Types
Promax Trading offers a variety of account types tailored to meet individual trading needs. Here are the key account types available:
- Zero Account
- Minimum Deposit: $10
- Maximum Leverage: 1:100
- Minimum Spread: from 0.0 pips
- Commission: $12 per side
- ECN Account
- Minimum Deposit: $10
- Maximum Leverage: 1:100
- Minimum Spread: from 0.2 pips
- Commission: $3 per side
- Standard Account
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Minimum Spread: from 1.8 pips
- Commission: None
- Pro Account
- Minimum Deposit: $10
- Maximum Leverage: 1:100
- Minimum Spread: from 1.2 pips
- Commission: $4 per side
- PAMM Account
- Available only in USD.
- Sign Up
- Create an account in minutes by providing your information and uploading the required documents.
- Fund Your Account
- Make instant deposits to your Promax Trading wallet using various methods such as debit card, wire transfer, or preferred online payment methods.
- Start Trading
- Download your favorite trading platform, such as MT5, on your device and begin trading.
These account types cater to different trading styles, whether you are a scalper, hedger, or long-term trader.
Promax Trading Broker Account Opening Process
To open an account with Promax Trading, follow these simple steps:
For more detailed information, you can visit the following sources:
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Promax Trading accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .