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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index5.54
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
TRXprotrade
Company Abbreviation
TRXprotrade
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
TRXprotradeReview Summary | |
Founded | 2-5 years |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Forex pairs, commodities, indices, shares, and digital currencies |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | 3pips |
Trading Platform | TRXprotrade platform |
Min Deposit | $250 |
Note: TRXprotrade's official website: https://www.trxprotrade.com/ is currently inaccessible normally.
TRXprotrade is an unregulated trading platform established in the United Kingdom within the past 2-5 years. It offers 5 types of market instruments including forex pairs, commodities, indices, shares, and digital currencies, with leverage up to 1:500.
Pros | Cons |
Offers five types of trading products | Unregulated |
Provides six account types | Minimum deposit of $250 |
Leverage up to 1:500 |
TRXprotrade is an unregulated trading platform, which is not safe.
TRXprotrade offers 5 types of trading products, including forex pairs, commodities, indices, shares, and digital currencies.
Tradable Instruments | Supported |
Forex pairs | ✔ |
Commodities | ✔ |
Indices | ✔ |
Shares | ✔ |
Digital currencies | ✔ |
TRXprotrade offers six account types: TRXPRO, PREMIUM, INVEST, INDIVIDUAL, PRO, and START.
Account Type | Minimum Deposit | Minimum Spread |
TRXPRO | €400 | - |
PREMIUM | €25,000 | -0.2 |
INVEST | €10,000 | -0.1 |
INDIVIDUAL | €5,000 | - |
PRO | €1,000 | - |
START | €250 | - |
TRXprotrade offers different minimum deposits and spreads. The PREMIUM account provides a spread of 0.2, while the INVEST account offers a spread of 0.1. However, the broker does not disclose any commission fees.
TRXprotrade claims that its maximum leverage is up to 1:500.
TRXprotrade offers a simple web-based platform but does not support MT4 or MT5.
Trading Platform | Supported | Available Devices | Suitable for |
TRXprotrade platform | ✔ | Web | Beginner |
MT5 | ❌ | Mobile and Desktop(Windows & macOS) | Experienced Trader |
MT4 | ❌ | Mobile and Desktop(Windows & macOS) | Beginner |
The minimum deposit requirement for TRXprotrade is $250, and there are several payment methods available, including VISA, Mastercard, Neteller, Skrill, PayPal, and bank wire.
Besides, the TRXprotrade platform has a trading volume requirement of 1000 lots before withdrawals are permitted. Additionally, a 20% fee is charged on withdrawals, and the minimum withdrawal amount is set at $1000.
Platform | Trading Volume Requirement | Fee/Tax on Withdrawal | Minimum Withdrawal |
TRXprotrade | 1000 lots | 20% on withdrawal | $1,000 |
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