Probis 2025 Review: Everything You Need to Know
Executive Summary
Probis is a former Australian-based forex and CFDs broker that operated under the Australian Securities and Investments Commission regulation until big changes in 2023 completely altered its status. This probis review reveals that the company once offered trading services in forex, commodities CFDs, and securities CFDs but has faced severe regulatory and operational challenges that have made it unsuitable for new client acquisition. The broker's Australian Financial Services license was suspended by ASIC following the company's entry into voluntary administration in July 2023.
Subsequently, Probis was declared bankrupt. This marked a definitive end to its trading operations. Originally established to serve retail and wholesale clients seeking exposure to various financial instruments including forex pairs, commodity contracts for difference, futures CFDs, and index CFDs, the company's current status presents significant concerns for potential investors.
The target audience for Probis historically included individual traders and institutional clients interested in leveraged trading across multiple asset classes. However, given the company's bankruptcy declaration and license suspension, the platform no longer represents a viable option for traders seeking reliable brokerage services. The regulatory action taken by ASIC underscores the importance of due diligence when selecting financial service providers in the competitive Australian market.
Important Notice
Caution Advisory: Due to Probis's suspended AFS license status and declared bankruptcy, potential investors should exercise extreme caution and avoid considering this platform for any trading activities. The company's voluntary administration and subsequent regulatory action by ASIC indicate substantial operational and financial difficulties that pose significant risks to client funds and trading continuity.
This evaluation is based on publicly available information and regulatory announcements. Given the company's current status, user experiences and testimonials are limited, and the focus of this review centers on documented regulatory actions and available company information. Traders seeking CFD and forex trading services should consider alternative, properly licensed and operational brokers.
Rating Framework
Broker Overview
Probis Financial Services Pty Ltd was established as an Australian financial services provider. It initially operated under ASIC regulation to offer investment and trading services to both retail and wholesale clients. The company positioned itself within the competitive Australian CFD and forex brokerage sector, focusing on providing access to leveraged trading across multiple asset classes.
According to regulatory filings and available information, Probis was authorized to administer registered investment schemes dedicated to financial assets and extend custodial and depository services to its client base. The company's business model centered on facilitating trading in foreign exchange markets, commodity contracts for difference, futures CFDs, and equity index derivatives.
The broker's operational framework included providing trading platforms and market access to clients seeking exposure to international financial markets. However, the company's trajectory took a significant negative turn in mid-2023 when operational and financial pressures led to voluntary administration proceedings. This probis review examines the circumstances surrounding these developments and their implications for the broader trading community.
The company's asset offerings historically encompassed major and minor currency pairs in the forex market, commodities CFDs covering precious metals, energy products, and agricultural futures, along with equity index CFDs providing exposure to major global stock indices. The regulatory framework under which Probis operated was designed to ensure client protection and market integrity, though subsequent events demonstrated the limitations of regulatory oversight in preventing corporate failure.
Regulatory Status: Probis was regulated by the Australian Securities and Investments Commission until its AFS license was suspended following the company's entry into voluntary administration on July 17, 2023. The license suspension represents a definitive regulatory action that prevents the company from conducting financial services.
Deposit and Withdrawal Methods: Specific information regarding deposit and withdrawal methods is not detailed in available sources. This aspect has become irrelevant given the company's current operational status and bankruptcy declaration.
Minimum Deposit Requirements: Available documentation does not specify minimum deposit requirements that were previously in effect. Such information is no longer applicable due to the cessation of operations.
Promotional Offers: No information regarding bonus structures or promotional offers is available in the source materials. Any such programs would have been discontinued upon the company's entry into administration.
Tradeable Assets: Probis offered trading in forex currency pairs, commodity contracts for difference, futures CFDs, and equity index CFDs. The asset range was designed to provide clients with diversified exposure to global financial markets across multiple time zones and trading sessions.
Cost Structure: Specific details regarding spreads, commissions, and fee structures are not provided in available sources. The absence of this information, combined with the company's current status, renders cost analysis irrelevant for prospective clients.
Leverage Ratios: Information regarding maximum leverage ratios and margin requirements is not specified in the available documentation. Such details would have been subject to ASIC's regulatory requirements for retail client protection.
Platform Options: The specific trading platforms utilized by Probis are not detailed in source materials. The company would have been required to provide adequate technological infrastructure to meet regulatory standards for order execution and client reporting.
Account Conditions Analysis
The account conditions evaluation for Probis presents unique challenges given the company's bankruptcy status and operational cessation. Historical account structures and requirements are no longer relevant as the company cannot accept new clients or maintain existing accounts following the ASIC license suspension and voluntary administration proceedings.
Available information does not detail the specific account types that were previously offered, minimum deposit requirements, or account opening procedures that may have been in place during the company's operational period. The absence of this information reflects both the limited documentation available and the irrelevance of such details given current circumstances.
Account opening processes, verification requirements, and client onboarding procedures that may have existed during Probis's operational period are not documented in available sources. The company's entry into voluntary administration would have triggered immediate cessation of new account acceptance and likely resulted in restrictions on existing account operations.
Special account features such as Islamic trading accounts, professional client classifications, or institutional account structures are not mentioned in available documentation. The regulatory framework under which Probis operated would have required clear account categorization and appropriate client classification procedures, though specific implementation details are not available.
This probis review emphasizes that regardless of historical account conditions, the current bankruptcy status and license suspension make any account-related considerations purely academic. The company cannot provide trading services or maintain client relationships.
The evaluation of trading tools and resources offered by Probis is significantly limited by the company's current operational status and the lack of detailed information in available sources. The cessation of operations following voluntary administration and bankruptcy declaration means that any tools or resources previously available are no longer accessible to clients.
Research and analysis resources that may have been provided during the company's operational period are not documented in available materials. The absence of information regarding market analysis, economic calendars, or research publications reflects both the limited documentation and the irrelevance of such features given the company's closure.
Educational resources, including trading guides, webinars, or instructional materials, are not mentioned in source documentation. While regulatory requirements typically mandate that brokers provide adequate client education, specific details about Probis's educational offerings are not available.
Automated trading support, algorithmic trading capabilities, or third-party integration features are not detailed in available information. The technological infrastructure that supported the company's operations during its active period remains undocumented in accessible sources.
The lack of comprehensive information regarding tools and resources reflects the fundamental challenge of evaluating a defunct broker whose operational details were not extensively documented before its closure. Current circumstances render any historical tool availability irrelevant for prospective clients seeking active trading solutions.
Customer Service and Support Analysis
Customer service evaluation for Probis is fundamentally impacted by the company's bankruptcy status and operational cessation. The voluntary administration proceedings and subsequent license suspension have effectively eliminated any customer support capabilities that may have existed during the company's operational period.
Support channel availability, response times, and service quality metrics that may have characterized Probis's customer service during its active operations are not documented in available sources. The absence of this information reflects both limited documentation and the current impossibility of accessing support services.
Multi-language support capabilities and customer service hours that were potentially offered during the company's operational period are not specified in source materials. ASIC-regulated brokers typically maintain adequate support infrastructure, though specific details about Probis's implementation are not available.
Problem resolution procedures and escalation processes that may have existed are not documented, and the company's current status precludes any form of customer service delivery. Clients who may have had accounts or positions with Probis would need to work through the voluntary administration process rather than traditional customer service channels.
The fundamental reality is that customer service analysis becomes irrelevant when a broker ceases operations and enters bankruptcy proceedings. The regulatory framework provides some client protection mechanisms, but direct customer support from the company is no longer possible.
Trading Experience Analysis
The trading experience evaluation for Probis faces significant constraints due to the company's operational cessation and limited available user feedback. The voluntary administration and bankruptcy declaration have eliminated the possibility of current trading experience, making this analysis primarily theoretical based on the company's former regulatory status.
Platform stability and execution quality that may have characterized Probis's operations during its active period are not documented in available sources. User testimonials or performance reviews that could provide insight into historical trading conditions are absent from accessible documentation.
Order execution capabilities, slippage rates, and market access quality that were potentially offered during the company's operational period remain undocumented. The absence of detailed trading experience information reflects both the limited available documentation and the current impossibility of platform access.
Mobile trading applications and technological infrastructure that supported client trading activities are not detailed in source materials. While ASIC regulation typically requires adequate technological standards, specific information about Probis's platform performance is not available.
This probis review emphasizes that trading experience evaluation becomes purely academic when a broker has ceased operations and declared bankruptcy. The focus necessarily shifts from performance analysis to understanding the implications of broker failure for client protection and industry standards.
Trust and Reliability Analysis
The trust and reliability assessment of Probis reveals significant concerns that ultimately materialized in the company's operational failure and regulatory intervention. The Australian Securities and Investments Commission's decision to suspend the company's AFS license following voluntary administration proceedings represents a definitive negative outcome for trust and reliability metrics.
Regulatory compliance history prior to the company's failure is not extensively documented in available sources, though the eventual bankruptcy and license suspension indicate fundamental operational and financial difficulties. The ASIC regulatory framework provides substantial client protections, but these mechanisms could not prevent the company's ultimate failure.
Financial stability measures and client fund protection protocols that were in place during the company's operational period are not detailed in available documentation. The voluntary administration process suggests that financial difficulties reached a critical point where continued operations became unsustainable.
Corporate transparency and communication practices during the period leading to voluntary administration are not documented in accessible sources. The transition from operational status to bankruptcy proceedings likely involved significant communication challenges with clients and stakeholders.
The company's entry into voluntary administration on July 17, 2023, followed by ASIC's license suspension, represents a complete breakdown of trust and reliability. These events demonstrate the inherent risks in the brokerage industry and the importance of ongoing due diligence by clients and regulators.
User Experience Analysis
User experience evaluation for Probis is severely constrained by the company's operational cessation and the absence of documented user feedback in available sources. The bankruptcy declaration and license suspension have eliminated the possibility of current user experiences, making this analysis necessarily limited to general observations about broker failure impacts.
Overall user satisfaction metrics that may have existed during the company's operational period are not documented in accessible sources. The absence of user reviews, testimonials, or satisfaction surveys reflects both limited documentation and the current impossibility of gathering meaningful user experience data.
Interface design and platform usability that characterized Probis's services during its active period are not detailed in available materials. User interface quality and navigation efficiency that may have influenced client satisfaction remain undocumented in accessible sources.
Registration and account verification processes that were in place during the company's operational period are not specified in available documentation. The client onboarding experience that may have existed is no longer relevant given the company's inability to accept new clients.
The fundamental challenge in user experience evaluation lies in the company's current status, which precludes any meaningful assessment of user satisfaction or platform functionality. The focus necessarily shifts to understanding the implications of broker failure for existing clients and the broader trading community seeking reliable service providers.
Conclusion
This comprehensive probis review reveals a broker whose operational history has been definitively concluded by bankruptcy proceedings and regulatory intervention. The suspension of Probis's AFS license by ASIC following voluntary administration represents a clear negative outcome that eliminates any consideration of the platform for current or future trading activities.
The evaluation demonstrates that while Probis may have offered diversified asset classes including forex, commodity CFDs, and securities CFDs during its operational period, the company's ultimate failure underscores the critical importance of ongoing financial stability and regulatory compliance in the brokerage industry. The absence of detailed operational information reflects both limited documentation and the irrelevance of such details given current circumstances.
No user demographic should consider Probis as a viable option for trading services given its bankruptcy status and license suspension. The regulatory action taken by ASIC serves as a definitive warning against any engagement with the platform, and prospective traders should focus their attention on properly licensed and operationally sound alternatives in the Australian market.
The primary lesson from Probis's failure lies in the importance of thorough due diligence when selecting financial service providers. This includes ongoing monitoring of regulatory status and financial stability indicators that may signal potential operational difficulties before they reach critical stages.
