ImProForex Forex Broker

ImProForex Review SummaryFounded2022-11-21Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsStocks/Commodities/Indices/BondsDemo Account✅LeverageUp to 1:500SpreadFrom 0.2 pips(on Fx）Trading PlatformMT5/ImProForexMin Deposit$10Customer SupportEmail: support@improforexcomPhone: +44 20 8157 1235ImProForex Information ImProForex is an unregulated broker that offers access to over 1000 trading instruments including stocks, bonds, commodities, and indices. The broker also provides various accounts with a maximum leverage of up to 1:500. ImProForex also supports MT5 investing. ImProForex is still risky due to its unregulated status.Pros and ConsPros Cons Demo account availableUnregulatedMT5 availableNo 24/7 customer supportLeverage up to 1:500Inaccessible official websiteSpread as low as 01000+ trading instrumentsIs ImProForex Legit? ImProForex is not regulated, making it less safe than regulated brokers.What Can I Trade on ImProForex? ImProForex offers various market instruments, including stocks, indices, commodities, and bonds.Tradable Instruments Supported Stocks✔Commodities✔Indices✔Bonds✔Shares❌ETFs❌Mutual Funds❌Account Type ImProForex has four live account types with different opening conditions: Standard, ECN, VIP, and Pro Forex. Traders who want low spreads on Fx can choose an ECNaccount but need to pay a $7/lot commission. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.Account Type StandardECNVIPPro ForexMinimum Deposit$10$10$100$100Minimum Withdrawal$10$10$100$100Minimum Spreads0.5 pips(on Fx)0.2 pips(on Fx)0.5 pips(on Fx)0.5 pips(on Fx)Minimum Lot Size0.010.010.010.01Leverage1:5001:5001:5001:500Swaps FreeYesYesYesYesCommission FreeYes$7/lot$3/lot$3/lotImProForex Fees The spread is as low as 0.0 and the Standard account's commission is 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform ImProForex cooperates with the authoritative MT5 trading platform. MT5 not only provides various trading strategies but also implements EA systems.Trading PlatformSupported MT5✔Deposit and Withdrawal The minimum deposit is $10. ImProForex accepts tether, Perfect Money, bitcoin, wire transfers, etc. for deposit and withdrawal.