Properfly Forex Broker

Note: Properfly's official website: https://propermarketfx.com/ is currently inaccessible normally.ProperflyReview SummaryFounded2024Registered Country/RegionUnited StatesRegulationUnregulatedMarket InstrumentsForex, commodities, cryptocurrencies and stock indicesDemo Account❌LeverageUp to 1:100Spread/Trading PlatformMT5Min Deposit$0Customer Support24/5 supportEmail: support@properflyfx.com Founded in 2024, Properfly is a forex broker registered in the UK, offering trading through the MT5, including forex, commodities, cryptocurrencies and stock indices. It requires no minimum deposit. However, Properfly operates without regulatory oversight from any reputable financial body.Pros and ConsProsConsVariety of trading optionsInaccessible websiteCommissions-freeUnregulated statusMT5 supportedNo demo accountsNo minimum depositSingle account typeLimited contact channelsIs Properfly Legit? No, Properfly is not regulated currently. Please be aware of the risk!What Can I Trade on Properfly? Properfly offers various product options, including forex, commodities, cryptocurrencies, and stock indices. Forex: 62 currency pairs with low spreads. Commodities: Include gold and silver as well as crude oil. Traders can specify on the price movements of gold and silver against the dollar. Cryptocurrencies: Mainstream cryptocurrencies, including BTC ETH, BCH, ETC, DASH, ETC. Stock indices: Various stock indices, including SPX500, GER30, UK100, FRA40, AUS200, JPN225, US30, NAS100, HK40 and ESTX500, the dollar index USDOLLAR, Hong Kong's hang seng index, the dow Jones industrial average, in London, the ftse 100, stanProperfly Limited rd &poor's 500, nasProperfly Limited q, Frankfurt, Germany, and France's CAC 40 index, the European Union (eu) 50 index, the nikkei index, Hong Kong's hang seng index, ASX 200 index, the Swedish stock 30, etc.Tradable Instruments Supported Forex✔Commodities✔Stock indices✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type Properfly offers only one live account and does not provide a demo account. This can be extremely risky for inexperienced beginners, so traders must proceed with caution.Leverage Properfly offers a standard leverage up to 1:100, which is relatively low compared to industry standards. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Fees Properfly does not charge commissions and has not disclosed specific spreads.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Desktop, web and mobile (iOS and Android)Experienced tradersMT4❌/BeginnersDeposit and Withdrawal Properfly requires no minimum deposit, but the information of deposit and withdrawal options, related fees and processing time is not mentioned.