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Pro Emini foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.proemini.com/OpenAccount.htm, about the company's legal and temporary regulatory information, the company's address .

Pro Emini Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Pro Emini Futures Broker
Abbreviation
Pro Emini
Company employee
--
Customer Service Email Address
info@proemini.com
Contact Number
877-251-1363
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

General Information Pro Emini is a commodity futures broker that provides discount trading (catering to high-volume traders) and full service and options trading on almost all futures and commodities markets. Pro Emini strive to provide the best service at very low commission rate, offering various trading platforms. Products & Services With Pro Emini, you can get access to futures markets such as grains, indices, energies, metals, currencies, livestock, and more. Commission Rates Not all clients can receive ¢49 commission rates, and account requiring broker assistance will be charged a higher rate. How to open an account? There two account types: individual and joint, and you can open an account on the Pro emini platform via two methods: Opening an account online or download and mail completed forms. Trading Platforms Online trading platforms offered by Pro Emini include QST, FIREIP, XTRADR, R-TARDER, CQG, MULTICHARTS, TRADE NAVIGATOR, TT, MOTIVE WAVE, MARKET DELTA. Demo account are available on all these platforms, with virtual funds of $50,000. Most trading platforms is provided free with no monthly fee. QST l Free version $19, and $49 monthly versions l $500 E-MINIM day trading margin for qualified accounts. R-Trader l Free version and $25 monthly versions l $500 E-MINIM day trading margin for qualified accounts. Vortex-MT l No monthly fee l $500 E-MINIM day trading margin for qualified accounts. Customer Support If you have any problems concerning account opening, trading, you can get in touch with this broker via telephone at +219-202-8600, +877-251-1363, and email: info@proemini.com.

Rating Index

  

Pro Emini Forex Broker - Complete Information Guide

  

1. Broker Overview

  Pro Emini is a futures and commodity brokerage firm that specializes in providing online futures trading services. Established in 2004, the company is headquartered in Schererville, Indiana, United States. As a private entity, Pro Emini caters primarily to retail traders, particularly those engaging in high-volume trading. The firm has carved a niche in the market by offering discount trading services at competitive commission rates, making it an appealing choice for both novice and experienced traders.

  Over the years, Pro Emini has achieved significant milestones, such as expanding its trading platforms and enhancing customer service. The brokerage offers a wide range of futures and commodities markets, including grains, indices, energies, metals, currencies, and livestock. Their business model focuses on providing both discount and full-service trading options, allowing clients to choose the level of assistance they require.

  The firm operates under the Pro Emini brand, emphasizing its commitment to delivering quality trading experiences for its clients. With a focus on customer satisfaction and low-cost trading, Pro Emini has established itself as a reliable player in the futures trading industry.

  

2. Regulatory and Compliance Information

  Pro Emini operates without a valid regulatory license, which poses potential risks for clients. The firm has no affiliation with major regulatory bodies, and there is no available regulatory number for verification. This lack of oversight raises concerns regarding the safety of client funds and the overall integrity of the trading environment.

  Different sources indicate that Pro Emini does not participate in investor compensation schemes, which further heightens the risk for traders. The company does not provide clear information about its policies regarding the segregation of client funds, leaving clients vulnerable in case of operational issues.

  To comply with industry standards, Pro Emini claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations; however, the specifics of these measures are not detailed in public resources. Overall, potential clients should exercise caution and conduct thorough research before engaging with this broker.

  

3. Trading Products and Services

  Pro Emini offers a diverse range of trading products, primarily focusing on futures markets. Traders can access various futures contracts, including:

  • Forex Currency Pairs: The broker provides access to multiple currency pairs, although the exact number is not specified.
  • CFD Products: Pro Emini offers contracts for difference (CFDs) across various asset classes, including indices, commodities, and cryptocurrencies.
  • Special Products: While specific unique products are not highlighted, the broker's focus on e-mini futures is a notable feature.
  • Retail Trading Services: Pro Emini caters to retail traders with competitive pricing and accessible trading platforms.
  • Institutional Client Services: The firm also offers services tailored to institutional clients, although details are limited.
  • White Label Solutions: Information regarding white label offerings is not explicitly provided.
  • Asset Management Services: There is no mention of asset management services available to clients.

  The company frequently updates its product offerings, although specific details on new additions are not readily available. Overall, Pro Emini aims to provide a comprehensive trading experience for its clients across various asset classes.

  

4. Trading Platforms and Technology

  Pro Emini supports several trading platforms to accommodate its clients' needs. Notably, the brokerage offers MetaTrader 4 and MetaTrader 5, which are widely recognized for their user-friendly interfaces and robust trading features.

  In addition to these popular platforms, Pro Emini also provides proprietary trading solutions, although specific details about these platforms are limited. The broker's online trading platforms include:

  • QST
  • FireTip
  • X-Trader
  • R-Trader
  • CQG
  • MultiCharts
  • Trade Navigator
  • TT
  • MotiveWave
  • Market Delta

  Most of these platforms are available for free, with no monthly fees, making them accessible to traders of all experience levels. Pro Emini also offers demo accounts with virtual funds, allowing potential clients to practice before committing real capital.

  The execution model employed by Pro Emini is not explicitly stated; however, it appears to utilize a combination of market-making and ECN execution methods. The broker's trading infrastructure is designed to support efficient order execution, although the specifics regarding server locations and technical capabilities are not disclosed. API access and automated trading support are also features that Pro Emini aims to provide, although details are limited.

  

5. Account Types and Trading Conditions

  Pro Emini offers various account types to cater to different trading needs. The primary account types include:

  • Standard Accounts: These accounts typically require a minimum deposit of $500, with commission rates starting at 49 cents per contract. However, not all clients will qualify for this rate, and those needing broker assistance may incur higher fees.
  • Advanced Account Types: Information regarding VIP or professional accounts is not specifically detailed.
  • Special Accounts: There is no mention of Islamic or corporate accounts available through Pro Emini.
  • Demo Accounts: The broker provides demo accounts for practice, allowing users to trade with virtual funds of $50,000.

  Leverage options vary depending on the product, with specifics not clearly defined in available resources. The minimum trading lot size is not explicitly stated, but clients should be aware of the potential for varying conditions based on market volatility.

  Overnight fees and policies are not detailed, so clients should confirm these conditions before trading.

  

6. Fund Management

  Pro Emini supports multiple deposit methods, including:

  • Bank Transfers
  • Credit Cards
  • E-Wallets

  The minimum deposit requirement varies by account type, with standard accounts starting at $500. Deposit processing times are typically quick, although specific timelines are not provided.

  There are no detailed fees associated with deposits mentioned, but clients should be aware of potential charges from their payment providers.

  Withdrawal methods include bank transfers and credit card options, with specific limitations not disclosed. Withdrawal processing times are generally prompt, but exact timelines are not specified.

  Fees related to withdrawals are not clearly outlined, leaving clients to inquire directly with the broker for precise information.

  

7. Customer Support and Educational Resources

  Pro Emini provides customer support through various channels, including:

  • Phone: Available at +1 (877) 251-1363 and +1 (219) 202-8600.
  • Email: Clients can reach out via info@proemini.com.
  • Online Chat: Availability of online chat support is not confirmed.
  • Social Media: The broker maintains a presence on platforms such as Twitter and Facebook.

  Support hours and coverage across different time zones are not explicitly mentioned, which could affect international clients.

  Pro Emini offers services in multiple languages, although specific languages supported are not detailed.

  In terms of educational resources, Pro Emini provides various materials, including webinars, tutorials, and eBooks. Market analysis services, such as daily updates and research reports, are also available to assist traders in making informed decisions.

  Additionally, the broker offers trading tools, including calculators and economic calendars, to help clients optimize their trading strategies.

  

8. Geographic Coverage and Restrictions

  Pro Emini primarily serves clients in the United States, with no specific regional offices mentioned. The broker does not accept clients from certain countries, although a definitive list of restricted regions is not provided.

  Special limitations regarding trading activities or specific products in certain jurisdictions are not clearly stated, so potential clients should verify their eligibility before opening an account.

  In summary, Pro Emini presents itself as a futures broker that focuses on providing accessible trading solutions for retail clients. However, the lack of regulatory oversight raises concerns, and potential traders should conduct thorough due diligence before engaging with the broker.

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Latest Reviews

FX3731871926

FX3731871926

Hong Kong

The withdrawal did not arrive although it was done. Please help. Thanks.

Exposure

2021-09-04

Pro Emini Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.18, Software Index 4.00 Risk Control Index 0.00.