Profixchain Forex Broker

Profixchain Review SummaryFounded2023Registered Country/RegionUnited KingdomRegulationNo regulationMarket InstrumentsStock CFDs, forex, crypto, binary options, ETFsServicesBusiness planning, financial adviceDemo Account/Spread/Leverage/Minimum Deposit$50Trading PlatformWeb-based platformCustomer SupportHeadquarters: 64 Thornton StHURSLEYSO21 1NSEmail: support@profixchain.com; contact us formProfixchain Information Profixchain was a brokerage company founded in 2023 and offers services in trading for stock CFDs, forex, crypto, binary options and ETFs. Financial services in business planning and financial advice are also within their business scope. It offers 5 tiered investment plans with different capital requirements and promised gains. The most basic plan starts from a minimum deposit of $50. In addition, the broker's trading platform is 100% web-based. The broker claims a headquarters in 64 Thornton StHURSLEYSO21 1NS, but this address does not exist on Google map. And after investigation, the address is claimed as an office address by several lousy brokers which is unimpressive with minimum information through Internet as Profixchain, indicating possibe scams. What further convinces us about the broker's unreliability is the absence of any valid regulation from authority bodies about its operation, meaning less compliance to industry standards for customer protection, either.Pros and ConsProsConsTiered investment plansNo regulationVague office addressLimited transparency on trading conditionsNon-informative websiteIs Profixchain Legit? Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of Profixchain, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises significant concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.What Can I Trade on Profixchain? Profixchain offers a wide range of trading products and services to its clients. These include CFDs on 128 leading stocks from the NYSE and NASDAQ, engage in forex trading in the largest and most liquid market, and explore the exciting world of cryptocurrencies like Bitcoin and Ethereum. Additionally, Profixchain provides binary options for speculating on price dynamics of popular assets and ETFs for portfolio diversification through exchange-traded securities. Complementing these offerings, the company also provides financial services such as business planning and expert financial advice to help traders make informed decisions. To achieve the goal of successful trading, always choose several products once at a time instead of only one to scatter risks.Tradable InstrumentsSupportedStock CFDs✔Forex✔Cryptocurrencies✔Binary options✔ETFs✔Commodities❌Indices❌Bonds❌Mutual Funds❌Investment Plans Profixchain offers 5 tiered investment plans with different entry points and potential profit gains. Newcomers can start from the Basic plan, with minimum deposit from $50 and a promised 20% profits during 24 hours. After gaining enough experience and capital, traders can move forward and choose higher-rank plans with higher minimum deposit requirements and promised profit proportions: the Silver Plan (minimum deposit of $500) offers a 35% profit over 48 hours, the Gold Plan (minimum deposit of $3,000) provides a 50% return in 96 hours, and the Platinum Plan (minimum deposit of $6,000) yields an impressive 96% profit within 144 hours. For serious and high-net-worth investors, the Real Estate plan requires a minimum deposit of $10000, promising a remarkably high profits at 160% over 192 hours. Each plan include a 10% referral bonus and 24/7 customer suppoort. However, one fact you should be aware of is that no investment can guarantee 100% profits. Be vigilant if anyone does because high chance they are setting traps for you with lucrative conditions.Investment PlanMinimum DepositMaximum DepositProfitDurationReferral BonusSupportBasic Plan$50.00$500.0020.00%24 Hours10%24/7 SupportSilver Plan$500.00$3,000.0035.00%48 HoursGold Plan$3,000.00$6,000.0050.00%96 HoursPlatinum Plan$6,000.00$10,000.0096.00%144 HoursReal Estate$10,000.00Unlimited160.00%192 HoursTrading Platform Profixchain claims to offer a 100% web-based trading platform to enable traders to trade on the go anytime and anywhere they want.Deposit & Withdrawal There's no word description on Profixchain's website mentioning its funding methods, several icons of payment methods exist in the bottom corner of the mainpage, demonstrating that the broker accepts payments by Bitcoin, Skrill, Mastercard and Neteller.