Propex24 Forex Broker

Propex24 Review SummaryFounded2017Registered Country/RegionAustraliaRegulationASIC (Regulated)Market InstrumentsFutures, Equities, CFDs, Options, Forex, BondsDemo Account✅Leverage/Spread/Trading PlatformTraderPro, TraderGo APPMinimum Deposit/Customer SupportTel：(02) 8231 3650Email：enquiries@propex24.com (24 hours on working days)Propex24 Information Propex 24 is afutures trading firm regulated by Australia. It has chosen the award winning SaxoPRO system to offer a multi-product single platform offering covering Futures, Equities both local and International, CFDs and FX. What's more,Propex 24 supports you a demo account giving hypothetical 100,000 USD to trade with for 20 days before opening a live account if you are a beginner. In spite of that, since information about leverage and minimum deposit is unknown, trading conduction with risks requires caution.Pros and ConsPros Cons RegulatedUnknown leverage and minimum depositDemo account availableNo MT4 or MT5Customer support 24 hours on working days providedVarious trading productsDiverse live account typesIs Propex24 Legit? Propex 24 is a legal and compliant futures trading platform. The license number for its business operation supervised by Australia Securities & Investment Commission is 000246488.What Can I Trade in Propex24? Propex24 allows investors to trade online or over 24/5.5 desk via the phone or email. With the partnership of Saxo system, this trading platform allows traders to access 3500 products in Equities, Futures, Forex, Options, Bonds and CFDs over different asset classes.Tradable Instruments Supported Futures✔Equities✔CFDs✔Options✔Forex✔Bonds✔Commodities❌ETFs❌Account Type Propex24 offers a demo account and kinds of live account types to meet different clients demands. It devides into following five types to choose: Indivudual, Joint, Sole Trader, Company, Trust or Superannuation Fund.Propex24 Fees The platform does not provide comprehensive fee information. It just mentioned no inactivity fees. There is no clear indication of transaction fees, deposit and withdrawal fees, or any other potential fees. The lack of transparency in fee information is a concern regarding trading costs and potential profits. It just mentioned no inactivity fees.Trading Platform The Propex24 trading platform supports Android/iOS/Windows applications and tablet devices. Additionally, users can directly utilize the Web Trader function through browsers such as Chrome and Safari without the need for downloading. Equipped with AI technology, it can automatically identify various types of pending order types (such as buy limit orders, sell limit orders, etc.), assisting traders in managing orders, analyzing data, and monitoring investment portfolios of multiple products.Trading PlatformSupported Available Devices Suitable forTraderPro✔Windows/TraderGo App✔Android, iOS, and tablet/MT4❌/BeginnersMT5❌/Experienced Traders