PSFX-Overview of Minimum Deposit, Leverage, Spreads
Abstract：PSFX was registered in Saint Vincent and the Grenadines in 2021 and is not regulated. It offers trading in forex, indices, US stocks, EU shares, commodites, and cryptocurrencies with leverage up to 1:400 and spread from 0.2 pips via PSFX App and MT5 platforms.
| PSFX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Uregulated |
| Market Instruments | Forex, indices, US stocks, EU shares, commodites, cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | From 0.2 pips |
| Trading Platform | PSFX App, MT5 |
| Min Deposit | $100 |
| Customer Support | Tel: 04568 95006 |
| Email: info@psfxpro.com | |
| Address: Tower Plaza Hotel & Office Tower, Khalid Abdurahim Ahmad Al Attar Office, 2003 335 - Trade Center First, Sheikh Zayed Road, Dubai | |
PSFX was registered in Saint Vincent and the Grenadines in 2021 and is not regulated. It offers trading in forex, indices, US stocks, EU shares, commodites, and cryptocurrencies with leverage up to 1:400 and spread from 0.2 pips via PSFX App and MT5 platforms.
Pros and Cons
| Pros | Cons |
| Diverse market instruments | Unregulated status |
| Multiple account types | |
| Commission-free accounts offered | |
| Low spreads | |
| Support MT5 | |
| Popular payment options |
Is PSFX Legit?
No, PSFX is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on PSFX?
PSFX offers various trading instruments, including 103+ forex, 3+ indices, 55+ US stocks, 14+ commodities, 124+ cryptocurrencies, and 32+ EU shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| US stocks | ✔ |
| EU shares | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
| Account Type | Executive | VIP | Pro |
|---|---|---|---|
| Min Deposit | $100 | $15,000 | $30,000 |
| Max Leverage | 1:400 | 1:400 | 1:100 |
| Spread | From 1.4 pips | From 0.9 pips | From 0.2 pips |
| Commission | ❌ | ❌ | 60 per million on FX |
| Swap | Swap free for 10 days | ||
| Min Trade Size | 0.01 for Forex and Metals | 0.01 for Forex and Metals | 1 Standard lot |
| Stop-out Level | 20% | 20% | 100% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| PSFX App | ✔ | / | / |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
PSFX accepts payments via MasterCard, NETELLER, Razorpay, Skrill, WIRE TRANSFER, Bitcoin, Ethereum, Tether and TRON.
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