Pro Fx Forex Broker

Pro Fx Review SummaryRegistered Country/AreaUKFounded Year2011Company NamePro Fx LtdRegulationUnregulatedMinimum Deposit$500 (ECN Account)Maximum Leverage1:1000SpreadsStarting from 0 pips for ECNTrading PlatformsVERTEX FXTradable AssetsForex, Commodities, CFDs, Indices, CryptocurrenciesAccount TypesECN, ECN Prime, ProDemo AccountYesIslamic AccountYesCustomer SupportWebsite: https://www.profx.ukPhone: +44 7862 068336Email: info@profx.uk、support@profx.ukSocial Media: Facebook (https://www.facebook.com/profxgb) and Instagram (https://www.instagram.com/profxgb)Payment MethodsBank Wire; Tether; Perfect Money; BitcoinPro Fx Information ProFX is a UK-based trading platform established in 2011, offering five types of financial instruments, including forex, commodities, CFDs, indices, and cryptocurrencies. It features variable spreads and three account types, but it operates without regulatory oversight.Is Pro Fx legit? ProFX is not regulated and does not hold any licenses. Its domain profx.com was registered on October 11, 1996, and is set to expire on October 10, 2025.Pros and ConsProsCons5 market instrumentsUnregulated3 account typesHigh leverage up to 1:1000No deposit or withdrawal fees4 customer supportsWhat Can I Trade on ProFx? ProFX offers five types of instruments: forex, commodities, CFDs, indices, and cryptocurrencies.Tradable InstrumentsSupportedForex✔Commodities✔CFDs✔Indices✔Cryptocurrencies✔Account Types ProFX offers three types of live trading accounts: ECN, ECNPrime, and Pro. ECN is suitable for high-volume traders, while ECNPrime is designed for moderate-volume traders. Pro is ideal for beginners or low-volume traders. The platform also provides a demo account and Islamic accounts.Leverage ProFx provides leverage options as follows: ECN accounts offer leverage up to 1:1000, while both ECNPrime and Pro accounts offer leverage up to 1:500.Account TypeLeverageECN1:1000ECNPrime1:500Pro1:500Spreads and Commissions The spreads start from 0 pips, and both the ECNPrime and Pro accounts have no commissions.Account TypeSpreadsCommission per Round Turn TradeECNFrom 0 pips$7ECNPrimeFrom 1 pipNo commissionProFrom 1.6 pipsNo commissionTrading Platform ProFx supports the VERTEX FX trading platform, which is designed for traders of all experience levels. However, there are no access of MT5 platform.Trading PlatformSupportedAvailable DevicesSuitable forVERTEX FX trading platform✔Mobile and Desktop（Windows & macOS）All TradersMT5❌Mobile and Desktop（Windows & macOS）Experienced TradersDeposit & Withdrawal This broker does not charge any deposit or withdrawal fees. The minimum deposit required is $10. Deposit Methods:ProcessorMinimum DepositDeposit FeeDeposit TimeBank Wire$50Depends24-48 HoursTether$100%InstantPerfect Money$100%InstantBitcoin$100%Instant Withdrawal Methods:ProcessorMinimum WithdrawalWithdrawal FeeWithdrawal TimeBank Wire$500%24-48 HoursTether$200%24 HoursPerfect Money$200%24 HoursBitcoin$200%24 Hours