ProFx

Pro Fx Information

ProFX is a UK-based trading platform established in 2011, offering five types of financial instruments, including forex, commodities, CFDs, indices, and cryptocurrencies. It features variable spreads and three account types, but it operates without regulatory oversight.

Is Pro Fx legit?

ProFX is not regulated and does not hold any licenses. Its domain profx.com was registered on October 11, 1996, and is set to expire on October 10, 2025.

Pros and Cons

What Can I Trade on ProFx?

ProFX offers five types of instruments: forex, commodities, CFDs, indices, and cryptocurrencies.

Account Types

ProFX offers three types of live trading accounts: ECN, ECNPrime, and Pro. ECN is suitable for high-volume traders, while ECNPrime is designed for moderate-volume traders. Pro is ideal for beginners or low-volume traders. The platform also provides a demo account and Islamic accounts.

Leverage

ProFx provides leverage options as follows: ECN accounts offer leverage up to 1:1000, while both ECNPrime and Pro accounts offer leverage up to 1:500.

Spreads and Commissions

The spreads start from 0 pips, and both the ECNPrime and Pro accounts have no commissions.

Trading Platform

ProFx supports the VERTEX FX trading platform, which is designed for traders of all experience levels. However, there are no access of MT5 platform.

Deposit & Withdrawal

This broker does not charge any deposit or withdrawal fees. The minimum deposit required is $10.

Deposit Methods:

Withdrawal Methods: