PRFX -Some Detailed Information about this broker

General Information & Regulation of PRFX

PRFX is an Australian professional foreign exchange company based in Melbourne, offering tailored international currency transfer services to both individual and corporate users. PRFX is currently regulated by ASIC in Australia and holds a full license under its authority and license, regulatory number 440947.

Minimum Deposit of PRFX

After looking through PRFX website, we don't find any details on the minimum deposit required by this broker.

Leverage of PRFX

No trading leverage related information is found, so it is unsure whether traders can apply trading leverage.

Spreads of PRFX

PRFX, as a currency exchange provides, does not show any spreads related information on its website.

Individuals

PRFX's individual clients include mainly expatriates, sports professionals, people buying and selling property abroad, and those with one-off currency needs.

Commercial

PRFX says it can offer services to accommodate businesses of all sizes, with services ranging from online payments to foreign exchange management.

Interest Rates of PRFX

PRFX says it can provide users with real-time wholesale interbank rates, such as 0.7300 for the Australian dollar against the U.S. dollar, compared to 0.6960 for those selling through banks, and 0.7400 for buying U.S. dollars with Australian dollars, compared to 0.7670 for those buying through banks. In addition, PRFX says its customers can use most tradable currencies.

Transfer Fees of PRFX

PRFX says it does not charge any fees for transfers over A$10,000 or currency equivalent; for transfers under A$10,000 or currency equivalent, a standard fee of A$15 will be charged.