TRXprotrade Forex Broker

TRXprotradeReview Summary Founded2-5 years Registered Country/RegionUnited Kingdom RegulationUnregulated Market InstrumentsForex pairs, commodities, indices, shares, and digital currencies Demo Account/ LeverageUp to 1:500 Spread3pips Trading PlatformTRXprotrade platform Min Deposit$250 Note: TRXprotrade's official website: https://www.trxprotrade.com/ is currently inaccessible normally.TRXprotrade Information TRXprotrade is an unregulated trading platform established in the United Kingdom within the past 2-5 years. It offers 5 types of market instruments including forex pairs, commodities, indices, shares, and digital currencies, with leverage up to 1:500.Pros and Cons ProsCons Offers five types of trading productsUnregulated Provides six account typesMinimum deposit of $250 Leverage up to 1:500Is TRXprotrade Legit? TRXprotrade is an unregulated trading platform, which is not safe.What Can I Trade on TRXprotrade? TRXprotrade offers 5 types of trading products, including forex pairs, commodities, indices, shares, and digital currencies. Tradable InstrumentsSupported Forex pairs✔ Commodities✔ Indices✔ Shares✔ Digital currencies✔Account Type TRXprotrade offers six account types: TRXPRO, PREMIUM, INVEST, INDIVIDUAL, PRO, and START. Account TypeMinimum DepositMinimum Spread TRXPRO€400- PREMIUM€25,000-0.2 INVEST€10,000-0.1 INDIVIDUAL€5,000- PRO€1,000- START€250-TRXprotrade Fees TRXprotrade offers different minimum deposits and spreads. The PREMIUM account provides a spread of 0.2, while the INVEST account offers a spread of 0.1. However, the broker does not disclose any commission fees.Leverage TRXprotrade claims that its maximum leverage is up to 1:500.Trading Platform TRXprotrade offers a simple web-based platform but does not support MT4 or MT5. Trading PlatformSupportedAvailable DevicesSuitable for TRXprotrade platform✔WebBeginner MT5❌Mobile and Desktop（Windows & macOS）Experienced Trader MT4❌Mobile and Desktop（Windows & macOS）BeginnerDeposit and Withdrawal The minimum deposit requirement for TRXprotrade is $250, and there are several payment methods available, including VISA, Mastercard, Neteller, Skrill, PayPal, and bank wire. Besides, the TRXprotrade platform has a trading volume requirement of 1000 lots before withdrawals are permitted. Additionally, a 20% fee is charged on withdrawals, and the minimum withdrawal amount is set at $1000. PlatformTrading Volume RequirementFee/Tax on WithdrawalMinimum Withdrawal TRXprotrade1000 lots20% on withdrawal$1,000