Pro-Trend foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://user.pro-tr.online/signup, about the company's legal and temporary regulatory information, the company's address First Floor, First St. Vincent Bank Ltd Building. James Street. Kingstown. St. Vincent and the Grenadines.
Pro-Trend broker review
Pro Trend, established in 2013, is a trading brokerage that operates primarily out of the Republic of the Marshall Islands. This brokerage is privately held and has been making strides in the forex and CFD markets, catering to a diverse clientele that includes both retail and institutional traders. Over the years, Pro Trend has positioned itself as a key player in the online trading sector, offering a variety of financial instruments and trading services.
The company's development has been marked by several milestones, including the launch of its advanced trading platforms and the expansion of its service offerings. Pro Trend is part of a larger financial services group that enhances its operational capabilities and market reach. The brokerage primarily focuses on retail forex trading, providing clients with access to a wide range of currency pairs and other financial products.
As a broker, Pro Trend aims to facilitate trading for its clients by providing a user-friendly experience, competitive spreads, and various educational resources. The business model revolves around offering retail forex services, with a commitment to helping traders achieve their financial goals.
Pro Trend operates under the regulatory oversight of several authorities, which include the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Estonian Financial Supervision Authority. Each of these regulatory bodies ensures that the broker adheres to strict compliance standards, safeguarding client interests.
The regulatory numbers for Pro Trend are as follows:
These licenses are valid across their respective jurisdictions and cover various aspects of trading, including forex, CFDs, and other financial instruments. Pro Trend maintains separate legal entities in different regions to comply with local laws and regulations, ensuring that clients receive the appropriate protections.
Client funds are kept in segregated accounts at tier-1 banks, providing an added layer of security. Furthermore, Pro Trend participates in investor compensation schemes, offering additional peace of mind to its clients. The broker adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are essential for maintaining a secure trading environment.
Pro Trend offers a comprehensive selection of trading products, including over 300 currency pairs and a diverse range of CFD products. The CFD offerings encompass various asset classes, such as indices, commodities, stocks, and cryptocurrencies, catering to the needs of different traders.
The broker regularly updates its product offerings, ensuring that clients have access to the latest market trends and trading opportunities. Pro Trend also provides retail trading services, allowing individual traders to access the forex market with ease. For institutional clients, the brokerage offers tailored solutions that include white-label services and asset management options.
Unique trading instruments offered by Pro Trend include specialized CFDs that allow traders to capitalize on market fluctuations. The broker's commitment to expanding its product line ensures that clients have the tools they need to succeed in their trading endeavors.
Pro Trend supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, widely recognized for their user-friendly interfaces and advanced trading capabilities. These platforms provide traders with various analytical tools, automated trading options, and a rich set of features that enhance the trading experience.
In addition to the MT4 and MT5 platforms, Pro Trend offers a proprietary web-based trading platform that allows for seamless trading without the need for software installation. This platform is optimized for performance and provides traders with real-time market data and execution capabilities.
Mobile applications for both iOS and Android devices are also available, enabling traders to manage their accounts and execute trades on the go. Pro Trend employs an ECN execution model, ensuring that trades are processed quickly and efficiently, with minimal slippage.
The broker's technological infrastructure is robust, with servers located strategically to ensure low latency and high availability. Pro Trend also supports API access, allowing traders to integrate their automated trading systems with the brokerages platform.
Pro Trend offers several account types to cater to different trading needs. The standard account requires a minimum deposit of $500, with competitive spreads starting from 1 pip. For more experienced traders, the VIP account is available, which offers additional features and benefits.
The account types include:
Pro Trend also offers a demo account policy that allows traders to practice their strategies without risking real capital. The leverage ratios for trading can vary, typically ranging from 1:50 to 1:500, depending on the asset class and account type. The minimum trade size is set at 0.01 lots, accommodating both novice and experienced traders.
Overnight fees are applicable based on the positions held, and the broker provides detailed information regarding these fees in their trading conditions.
Pro Trend supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, with the standard account starting at $500.
Deposit processing times are generally quick, with most transactions completed within 24 hours. However, specific methods may take longer, especially bank transfers, which can take up to 3 business days. Pro Trend does not charge fees for deposits, except for some electronic wallet transactions, which may incur a 0.9% fee.
Withdrawal methods mirror the deposit options, ensuring convenience for clients. Pro Trend aims to process withdrawals promptly, typically within 2 to 5 business days, depending on the method chosen. The broker offers two free withdrawals per month, after which fees may apply.
Pro Trend provides comprehensive customer support through various channels, including phone, email, and live chat. The support team operates during business hours, covering multiple time zones to assist clients globally.
The broker supports multiple languages, ensuring that traders from diverse backgrounds can access assistance when needed. Educational resources are a key focus for Pro Trend, offering a range of materials such as webinars, tutorials, and eBooks to help traders enhance their skills and knowledge.
Market analysis services are also available, including daily updates, research reports, and technical analysis to assist traders in making informed decisions. Pro Trend provides trading tools like calculators and economic calendars to further support its clients.
Pro Trend primarily serves clients in Europe, Asia, and Australia, with regional offices established to provide localized support. The broker is committed to expanding its reach while maintaining compliance with local regulations.
However, Pro Trend does not accept clients from certain jurisdictions, including the United States, Canada, and other regions where regulatory restrictions apply. The broker is transparent about these limitations and provides clear information on its website regarding the countries it serves.
In summary, Pro Trend is a well-established forex broker that offers a diverse range of trading products and services, supported by robust technology and a commitment to customer satisfaction. With a focus on regulatory compliance and client education, Pro Trend aims to empower traders to achieve their financial goals in the dynamic forex market.