WinproFx foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.winprofx.com/en/register, about the company's legal and temporary regulatory information, the company's address 1st Floor, The Sotheby Building,Rodney Bay, Gros-Islet, SAINT Lucia P.O Box 838,Castries, Saint Lucia..
WinproFx is a broker that provides both beginner and professional traders with access to various opportunities across global financial markets including forex, indices, commodities, crypto, and metals. The broker also provides up to 500x leverage, different account type options, and a first deposit bonus. Traders can also access the popular MT5 trading platform through WinproFx. The minimum spread is from 0.0 pips and the minimum deposit is $10. WinproFx is still risky due to its unregulated status and hidden withdrawal information.
Pros | Cons |
Leverage up to 1:500 | Unregulated |
MT5 available | Unspecific withdrawal information |
Spread as low as 0 pips | No 24/7 customer aupport |
Demo account available | Some negative voices: scams |
Various tradable instruments |
WinproFx is not regulated, making it less safe than a regulated one, even though it claims it is regulated.
WinproFx offers 300+ market instruments, including forex, indices, commodities, cryptocurrencies, and precious metals.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Commodities | ✔ |
Cryptocurrencies | ✔ |
Precious Metals | ✔ |
Shares | ❌ |
Stocks | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
WinproFx has three account types: Standard, Pro, and ECN. Traders who want low spreads can choose an ECN account, while those with a small budget can open a Standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
Account Type | Standard | Pro | ECN |
Minimum Deposit | $10 | $2500 | $5000 |
Spread | From 0.2 pips | From 0.1 pips | From 0.0 pips |
Commission | No | No | Up to $3.50 each side per lot |
Maximum Leverage | 1:500 | 1:500 | 1:500 |
Swap-Free | Available | Available | Available |
The spread starts from 0.0 pips, the commission is from 0, and the swap-free. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Traders can conduct financial activities in MT5, which is available on Mobile and Web through Android, iOS, Windows, and Mac OS. Traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Computer(Web, Desktop), Mobile(iOS, Android) | Experienced traders |
The first deposit amount must be $10 or above. WinproFx accepts MasterCard, Visa, Bitcoin, Bank Transfer, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
Traders can get a 20% deposit bonus up to $2,000.
FX1687006474
United Arab Emirates
Everything is good, Deposit/withdrawal are fast. 24x7 customer support. Instant Execution. low spred (no comission, no swap).
Positive
2024-10-20
FX7344413372
Indonesia
Try to withdraw my funds and the profit. make $1.000 deposit and make $698 profits, after that I make withdrawal request I only received $500 of total $1.698 Withdraw request. no answer from the Live chat or email support. but they make in my web cabinet all the withdrawal request has been completed but i never recieved the money. dont trust this broker its FRAUD! SCAMS! and steal clients money by ignoring our complain
Exposure
2024-10-17
FX2563811275
Turkey
I signed up for Winprofx and completed the ID verification process before depositing funds. The first time I deposited, I withdrew my funds without making any profit. Later, I deposited again, this time making profitable trades. However, now, when I attempt to withdraw both my profits and my initial deposit, my account status has been changed to unverified, blocking my access to my funds. Despite submitting my ID and all necessary documents multiple times, the company refuses to verify my account again and release my funds. Their customer service is completely unresponsive—no replies to emails or messages. They are irresponsible and lack professionalism. I believe this platform is using the verification process as an excuse to withhold users’ funds, potentially to scam them. I strongly advise staying away from Winprofx, as I don’t believe your money is safe here.
Exposure
2024-10-29