Profit4x Forex Broker

Profit4xReview SummaryFounded2020-03-20Registered Country/RegionSeychellesRegulationUnregulatedMarket InstrumentsForex/CFDs/Commodities/Indices/CryptoDemo Account✅LeverageUp to 1:1000SpreadFrom 0.1 pipsTrading PlatformMT4(iOS/Windows/Android)Min Deposit$20Customer SupportEmail: support@profit4x.comFacebook/Twitter/YouTube/Instagram/LinkedIn/PintrestProfit4x Information Profit4x is a broker. The tradable instruments include forex, CFDs, commodities, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is from 0.1 pips and the minimum deposit is $20. Profit4x is still risky due to its unregulated status and high leverage.Pros and ConsPros Cons MT4 availableUnregulatedVarious tradable instrumentsInaccessible official websiteSpread from 0.1 pipsHigh max leverageDemo account availableUnspecific account and fee informationIs Profit4x Legit? Profit4x is not regulated, making it less safe than regulated brokers.What Can I Trade on Profit4x? Profit4x offers 137 market instruments, including forex, CFDs, commodities, indices, crypto, and more.Tradable Instruments Supported Forex✔CFDs✔Commodities✔Indices✔Crypto✔Account Type Profit4x has four real account types: demo, standard, classic, premium, and club. Traders who want low leverage can choose a club account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.Account Type StandardClassicPremiumClubMinimum Deposit$20$500$2500$10000SpreadFrom 0.1 pipsFrom 0.1 pipsFrom 0.1 pipsFrom 0.1 pipsCommissionsFrom 0.08$/Micro LotFrom 0.07$/Micro LotFrom 0.06$/Micro LotFrom 0.05$/Micro LotMax Leverage1:10001:5001:5001:100Profit4x Fees The spread is from 0.1 pips, and the commission is from 0.05$. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.Trading Platform Profit4x cooperates with the authoritative MT4 trading platform available in iOS, Windows, and Android to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.Trading PlatformSupported Available Devices Suitable for MT4✔iOS/Windows/AndroidJunior tradersDeposit and Withdrawal The minimum deposit is $20. Profit4x accepts wire transfers for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.