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Score

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/10

Tradeprofx

United States|5-10 years|
High potential risk|

http://tradeprofx.net

Website

Rating Index

Contact

support@tradeprofx.net
http://tradeprofx.net

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-10-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Tradeprofx · WikiFX Survey

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Tradeprofx · Company Summary

Tradeprofx Information

TradeProFX provides access to the MetaTrader4 platform, which may sound attractive to some novice investors, but we do not recommend dealing with TradeProFX as the biggest problem currently exists is unregulated and low security.

Tradeprofx Information

Pros and Cons

Pros Cons
MT4 availableUnavailable website
Multiple deposit and withdrawal methodsLack of transparency
Regulatory concerns
High minimum deposit threshold
Poor customer service

Is Tradeprofx Legit?

TradeProFX is TradeProFX Holdings Limited and TradeProFX Holdings Limited is a company registered in Vanuatu. However, the broker is not regulated by the Nuatu Financial Services Commission (VSFC).

Is Tradeprofx Legit?
Is Tradeprofx Legit?

What Can I Trade on Tradeprofx

Tradeprofx allegedly offers investors popular financial instruments, mainly CFDS on forex currency pairs, indices, stocks, commodities and precious metals.

Tradable Instruments Supported
CDFs
Indices
Stocks
Commodities
Precious metals
ETF
Fetures
Bonds

Account Types

Tradeprofx offers investors 4 types of trading accounts: ECN Pro+Commission, ECN Pro Account, Premium Account and Mini Account. The minimum deposit amount for all four accounts is unknown.

It offers a higher leverage ratio, making it less suitable for novice traders.

Account TypesECN Pro+CommissionECN Pro AccountPremium AccountMini Account
Maximum Leverage1:2001:2001:3001:300
Minimum SpreadSpreads From Up to 1 PIPSpreads From Up to 1 PIPSpreads From Up to 2 PIPSpreads From Up to 3 PIP
Minimum Position0.010.010.010.01

Trading Platform

Tradeprofx offers traders the market-leading and popular mt4 trading platform with a wide range of built-in technical indicators and a powerful charting package to help traders develop a trading strategy that suits their needs.

Trading PlatformSupported Available Devices Suitable for
MT4desktop, web-based platform, mobile applicationNovice trader

Deposit and Withdrawal

Tradeprofx enables traders to deposit and withdraw funds in their investment accounts via credit cards, wire transfers, and cryptocurrencies such as Bitcoin, Ether, and Bitcoin Cash.

Options
Credit cards
Wire transfers
Bitcoin
Ether
Bitcoin Cash

Customer Service

Questions can be reached at support@tradeprofx.net.

Contact Options Details
Emailsupport@tradeprofx.net

The Bottom Line

TradeProFX offers access to the MetaTrader4 platform, which may be attractive to some novice investors. But given the biggest issue at hand - the platform is unregulated and less secure - we do not recommend trading with TradeProFX.

FAQs

Is it safe to trade with Tradeprofx?

The broker is not suitable for trading. Lack of access, lack of transparency, lack of regulation and poor customer service expose shortcomings that deter investors.

Is Tradeprofx good for beginners?

It's not suitable. Tradeprofx has exposed shortcomings that, for beginners, can increase the risk and uncertainty of trading.

Is Tradeprofx good for day trading?

It's not suitable. Tradeprofx is not authorized or registered by the relevant regulatory authorities and is not regulated. As for day trading, choosing a regulated platform can protect your rights more effectively.

Broker Information

Company Name

Tradeprofx

Abbreviation

Tradeprofx

Regulatory Status

No Regulation

Platform registered country and region

United States

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@tradeprofx.net

Company Summary

Review

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