WinproFx Forex Broker

WinproFxReview SummaryFounded2023-05-18Registered Country/RegionSaint LuciaRegulationUnregulatedMarket InstrumentsForex, Indices, Commodities, Cryptocurrencies, Precious MetalsDemo Account/LeverageUp to 1:500SpreadFrom 0 pips (Standard account: 0.2 pips)Trading PlatformMT5(Web, Desktop, Mobile(iOS, Android))Min Deposit$10Customer SupportEmail: support@winprofx.comPhone: +97144471894WhatsAppFacebook/Instagram/LinkedIn/YouTubeWinproFx Information 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 and ConsPros Cons Leverage up to 1:500UnregulatedMT5 availableUnspecific withdrawal informationSpread as low as 0 pipsNo 24/7 customer aupportDemo account availableSome negative voices: scamsVarious tradable instrumentsIs WinproFx Legit? WinproFx is not regulated, making it less safe than a regulated one, even though it claims it is regulated.What Can I Trade on WinproFx? 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❌Account Type 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 StandardProECNMinimum Deposit$10$2500$5000SpreadFrom 0.2 pipsFrom 0.1 pipsFrom 0.0 pipsCommissionNoNoUp to $3.50 each side per lotMaximum Leverage1:5001:5001:500Swap-FreeAvailableAvailableAvailableWinproFx Fees The spread starts from 0.0 pips, the commission is from 0, and the swap-free. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.Trading Platform 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 PlatformSupported Available Devices Suitable for MT5✔Computer(Web, Desktop), Mobile(iOS, Android)Experienced tradersDeposit and Withdrawal 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.Bonus Traders can get a 20% deposit bonus up to $2,000.