PROREX LIMITED
Regulatory Status
RegulatedRegulation & License
Score
5.83 /10PROREX LIMITED Comprehensive Review
Is PROREX LIMITED Safe
How is PROREX LIMITED regulated and supervised for safety?
PROREX LIMITED operates as a regulated broker under a Securities Trading License (EP) from the Mauritius Financial Services Commission. Its regulatory status is confirmed as 'Regulated' by the Financial Services Commission (FSC) in Mauritius under license number GB24203352. The firm's registered business scope is Regional Brokers, and it has been in operation for 1-2 years. Investors should verify this license directly on the FSC's official website for authenticity.
How does PROREX LIMITED score for regulation and operations?
PROREX LIMITED carries a composite score of 5.79, with a regulatory rating of 4.62, risk control rating of 9.21, software rating of 8.8, business rating of 4.55, and license rating of 4.62, showing significant strength in risk management and platform software. The composite score aggregates these five dimensions into a single rating. The sub-scores assess regulatory oversight, client fund security measures, platform stability, market reputation, and licensing compliance. Investors should weigh each dimension based on their personal priorities in trading.
What key operational features define Prorex Limited for traders?
Prorex Limited is a forex broker operating for 1-2 years from Mauritius, offering MetaTrader 5 as its primary trading platform. Established in the region, the firm requires a minimum deposit of $100 for standard account access, which opens trading with leverage up to 1:200 and allows for strategies like scalping and automated trading via Expert Advisors. The broker supports both ECN and Standard account structures.
How does PROREX LIMITED's trading environment and speed perform?
PROREX LIMITED offers MT5 execution, with an average execution speed not currently disclosed and the trading environment grade not currently disclosed; readers may cross-reference with other internal sub-scores.The broker provides execution through the MetaTrader 5 platform. Information on the specific number of server instances is not currently publicly available. The absence of a published trading environment grade suggests this operational dimension may be undergoing assessment. The broker supports the MetaTrader 5 platform.
What assets does PROREX LIMITED allow you to trade?
PROREX LIMITED offers 1,061 tradable instruments, including forex, metals, indices, shares, futures, and crypto. This selection covers major asset classes through the MetaTrader 5 platform. The list of main instrument categories the broker does not offer is not currently disclosed; readers should verify available products against their personal trading strategies.
PROREX LIMITED Regulation & License
Regulated
Mauritius Securities Trading License (EP)
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Note: The above regulatory information is sourced from the official PROREX LIMITED website.
Basic Information
Registered Region
Mauritius
Operating Period
1-2 years
Company Name
Prorex Limited
Customer Service Email Address
support@prorex.asia
Contact Number
--
Company Website
https://prorex.asia/
PROREX LIMITED Pros & Cons
PROS
Access to the modern MetaTrader 5 platform with automated trading support for EAs and scalping.
A low $100 minimum deposit for standard and ECN account access, with ECN spreads starting from 0.0.
High risk control index score of 9.21, indicating a strong operational focus on client safeguards.
CONS
Trading infrastructure details, such as average execution speed and environment grade, are not publicly disclosed.
Limited public information on specific deposit and withdrawal methods and available customer service channels.
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Frequently Asked Questions about PROREX LIMITED
Is PROREX LIMITED a regulated forex broker?
Yes, PROREX LIMITED holds a regulated status from the Mauritius Financial Services Commission (FSC). It operates under a Securities Trading License (EP) with the license number GB24203352. This license allows it to conduct securities trading activities. While regulated, it is categorized as a regional broker and has been operating for 1-2 years. The broker’s composite regulatory score from a multi-dimensional assessment is 5.79, which presents a moderate overall picture when considering all operational factors.
Is the entry threshold of PROREX LIMITED high?
No, the entry threshold for PROREX LIMITED is relatively low. The minimum deposit is $100 for both its ECN and Standard account types. Traders can open positions with a minimum lot size of 0.01. This makes it accessible for traders with smaller initial capital. It also offers leverage up to 1:200, which can suit various trading strategies but also significantly increases risk. The low minimum deposit and flexible position sizing contribute to a moderate entry barrier.
Does PROREX LIMITED support common trading platforms?
PROREX LIMITED supports the MetaTrader 5 (MT5) trading platform for all clients. The broker's server setup is noted as having one MT5 server. It does not support the older MetaTrader 4 (MT4) platform. The MT5 platform is a widely used industry standard known for advanced charting, technical analysis tools, and automated trading capabilities. The broker has achieved a software rating of 8.8, which indicates strong platform-related performance in its operational assessment.
Is the product range of PROREX LIMITED wide enough?
Is PROREX LIMITED suitable for beginners?