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ProtonForex.com

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://protonforex.com/

Website

Rating Index

Contact

+44 121 468 2282
info@protonforex.com
https://protonforex.com/
45 Church Street, Birmingham, B3 2RT

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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Disclosure

Danger

VG FSC
2022-10-04

Contact number

English

+44 121 468 2282

Broker Information

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Company Name

ProtonForex.com

Company Abbreviation

ProtonForex.com

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ProtonForex.com · Company Summary

basic-info

General Information

Registered in the United Kingdom, ProtonForex.com presents itself as a forex broker providing easy access to various trading instruments, such as Forex, Indices, Metals, and Commodities. With the ProtonForex.com platform, a range of trading accounts are available, with the minimum deposit to open a professional starting at $100, and the maximum trading leverage that traders can use is up to 1:1000.

ProtonForex.com is not authorized or regulated by any regulatory authority. Please be aware of the risk.

Market Instruments

With the ProtonForex.com platform, four classes of trading instruments including Forex, Indices, Metals, Commodities, are available through this brokerage platform.

Account Types

ProtonForex.com provides a total of 7 types of trading accounts to accommodate different traders varying trading needs, including Basic, Advanced, Prime, Pro, VIP, VVIP and Investor. To open a Basic account, an initial deposit of $100 to $200 is required. However, this requirement becomes incredibly high for the other six accounts, with the Advanced account from $2,500, the Prime account from $5,000, the Pro account from $10,000, the VIP account from $15,000, the VVIP account from $20,000.

account-types
account-types

As an unregulated forex broker, ProtonForex.com is just trying to defraud its clients by requiring so much deposits.

How to open an account with ProtonForex.com?

Opening an account with ProtonForex.com is an easy and simple process:

1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, ProtonForex.com allows its clients to use leverage of up to 1:1000, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

Spreads and commissions are tightly associated with account types. ProtonForex.com provides floating spreads, with the minimum spreads starting at 0.0 pips.

Trading Platform

What ProtonForex.com offers is not the industry-leading MT4 or MT5 trading platform, and this broker provides its clients easy access cTrader, which can be accessed on web, Mobile.

Aside from the cTrade trading platform, there are some analysis tools available, including advanced charting, platform tools, performance analytics and MAM/PAMM.

Payment Methods

The minimum deposit to start with this broker is $100. ProtonForex.com allows its clients to make a deposit and withdrawal through VISA, MasterCard, PayPal and Skrill.

payment-methods

Customer Support

Culture Capital hypes that it offers 24-hour around-the-clock customer support. Clients have any inquiries or trading-related issues can also get in touch with Culture Capital through the following channels:

Telephone: +44 121 468 2282

Email: info@protonforex.com

Registered Company Address: 45 Church Street, Birmingham, B3 2RT

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

User Reviews

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FX1414949242
more than one year
I had a very bad experience with ProtonForex.com. After depositing my funds, I found that their trading conditions were not as promised and their customer service team was unresponsive. I also noticed that their website is no longer accessible, which raises suspicions that the company may be a scam.
2023-03-23 10:16
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0
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A.张非
more than one year
Please don't go anywhere, guys, because this company is dishonest. This company has taken all my money. people who join this company will end up in losing their money. I am living proof of that. I haven't received a single refund yet.
2022-12-20 11:21
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