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 ImProForex

WikiFX | 2024-12-06 14:18

Abstract:ImProForex is an unregulated broker that offers access to over 1000 trading instruments including stocks, bonds, commodities, and indices. The broker also provides various accounts with a maximum leverage of up to 1:500. ImProForex also supports MT5 investing. ImProForex is still risky due to its unregulated status.

ImProForex Review Summary
Founded2022-11-21
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsStocks/Commodities/Indices/Bonds
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.2 pips(on Fx)
Trading PlatformMT5/ImProForex
Min Deposit$10
Customer SupportEmail: support@improforexcom
Phone: +44 20 8157 1235

ImProForex Information

ImProForex is an unregulated broker that offers access to over 1000 trading instruments including stocks, bonds, commodities, and indices. The broker also provides various accounts with a maximum leverage of up to 1:500. ImProForex also supports MT5 investing. ImProForex is still risky due to its unregulated status.

ImProForex Information

Pros and Cons

Pros Cons
Demo account availableUnregulated
MT5 availableNo 24/7 customer support
Leverage up to 1:500Inaccessible official website
Spread as low as 0
1000+ trading instruments

Is ImProForex Legit?

ImProForex is not regulated, making it less safe than regulated brokers.

Is ImProForex Legit?
Is ImProForex Legit?

What Can I Trade on ImProForex?

ImProForex offers various market instruments, including stocks, indices, commodities, and bonds.

Tradable Instruments Supported
Stocks✔
Commodities✔
Indices✔
Bonds✔
Shares❌
ETFs❌
Mutual Funds❌
What Can I Trade on ImProForex?

Account Type

ImProForex has four live account types with different opening conditions: Standard, ECN, VIP, and Pro Forex. Traders who want low spreads on Fx can choose an ECNaccount but need to pay a $7/lot commission. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type StandardECNVIPPro Forex
Minimum Deposit$10$10$100$100
Minimum Withdrawal$10$10$100$100
Minimum Spreads0.5 pips(on Fx)0.2 pips(on Fx)0.5 pips(on Fx)0.5 pips(on Fx)
Minimum Lot Size0.010.010.010.01
Leverage1:5001:5001:5001:500
Swaps FreeYesYesYesYes
Commission FreeYes$7/lot$3/lot$3/lot

ImProForex Fees

The spread is as low as 0.0 and the Standard account's commission is 0. The lower the spread, the faster the liquidity.

ImProForex Fees

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

ImProForex cooperates with the authoritative MT5 trading platform. MT5 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported
MT5✔
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10. ImProForex accepts tether, Perfect Money, bitcoin, wire transfers, etc. for deposit and withdrawal.

Deposit and Withdrawal
Deposit and Withdrawal

LeverageBroker

Related broker

No Regulation
ImProForex
Company name:ImProForex Limited.
Score
1.39
Website:https://improforex.com/#
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.39

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