PSFX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://psfxpro.com/register-live.php, about the company's legal and temporary regulatory information, the company's address No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla.
PSFX Forex Broker
Basic information
Anguilla
2-5 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskCompany profile
PSFX was registered in Saint Vincent and the Grenadines in 2021 and is not regulated. It offers trading in forex, indices, US stocks, EU shares, commodites, and cryptocurrencies with leverage up to 1:400 and spread from 0.2 pips via PSFX App and MT5 platforms.
Pros and Cons
| Pros | Cons |
| Diverse market instruments | Unregulated status |
| Multiple account types | |
| Commission-free accounts offered | |
| Low spreads | |
| Support MT5 | |
| Popular payment options |
Is PSFX Legit?
No, PSFX is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on PSFX?
PSFX offers various trading instruments, including 103+ forex, 3+ indices, 55+ US stocks, 14+ commodities, 124+ cryptocurrencies, and 32+ EU shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| US stocks | ✔ |
| EU shares | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
| Account Type | Executive | VIP | Pro |
|---|---|---|---|
| Min Deposit | $100 | $15,000 | $30,000 |
| Max Leverage | 1:400 | 1:400 | 1:100 |
| Spread | From 1.4 pips | From 0.9 pips | From 0.2 pips |
| Commission | ❌ | ❌ | 60 per million on FX |
| Swap | Swap free for 10 days | ||
| Min Trade Size | 0.01 for Forex and Metals | 0.01 for Forex and Metals | 1 Standard lot |
| Stop-out Level | 20% | 20% | 100% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| PSFX App | ✔ | / | / |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
PSFX accepts payments via MasterCard, NETELLER, Razorpay, Skrill, WIRE TRANSFER, Bitcoin, Ethereum, Tether and TRON.
Rating Index
VIP
Executive
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Latest Reviews
FX2675850122
India
I have been associating with PSFX about an year now completely satisfied with their service
Positive
2024-04-11
Cornelia Van Drusen
Netherlands
PSFX, a reliable broker in Saint Vincent, offers 300+ instruments. Executive account at $100 is a steal. Demos for practice. Be cautious with 1:400 leverage. MT5 platform and support are top-notch. Thumbs up!
Neutral
2023-12-06
Drupad
India
I had a really great experience with PSFX, an excellent broker! Recommend them to everyone!
Positive
2024-04-23