Extracto:PFx Ltd is a UK-based investment company and brokerage firm established 1-2 years ago, operating without formal regulation. The company offers a wide range of trading products including cryptocurrencies, energy, stocks, commodities, and indices to cater to diverse trading preferences. PFx Ltd provides traders with powerful tools for technical and fundamental analysis, as well as high leverage options up to 1:500. Additionally, it offers comprehensive services and educational support through its Trade Academy.
Aspect | Details |
Company Name | PFx Ltd |
Registered Country/Area | United Kingdom |
Founded Year | 1-2 years ago |
Regulation | Unregulated |
Products and Services | Stocks, Indexes, Commodities, Cryptocurrencies, Energy |
Minimum Deposit | $500 for Silver Account; $1,100 for Gold Account |
Maximum Leverage | 1:500 |
Spreads & Commissions | A low 0.08% commission and a 10% referral bonus |
Demo Account | Available |
Deposit & Withdrawal | Supports Bitcoin, VISA, PayPal, Skrill, NETELLER; no deposit fees |
Educational Resources | Trade Academy offering courses from beginner to advanced levels |
Customer Support | Email (support@pfxlt.com), phone support, online contact form; available Monday to Friday, 9 AM to 5 PM |
PFx Ltd is a UK-based investment company and brokerage firm established 1-2 years ago, operating without formal regulation. The company offers a wide range of trading products including cryptocurrencies, energy, stocks, commodities, and indices to cater to diverse trading preferences. PFx Ltd provides traders with powerful tools for technical and fundamental analysis, as well as high leverage options up to 1:500. Additionally, it offers comprehensive services and educational support through its Trade Academy.
PFx Ltd lacks valid regulatory information, indicating that it is not officially regulated by any financial authority. This unregulated status can expose investors to higher risks of fraud and offers no legal protection in dispute cases.
Pros | Cons |
Order Execution under 7.12 milliseconds | Lack of regulation |
Over 12 liquidity providers | Limited historical experience |
247 trading instruments available | |
Operates in 27 countries |
Pons:
Order execution under 7.12 milliseconds: PFx Ltd provides an average order execution speed of less than 7.12 milliseconds, which is beneficial for traders aiming to capitalize on quick market movements, ensuring minimal slippage and more accurate trade execution.
Over 12 liquidity providers: With over 12 liquidity providers, PFx Ltd offers deep liquidity, which facilitates the efficient execution of large orders without significant price deviations, benefiting traders by providing better price stability and market depth.
247 trading instruments available: PFx Ltd offers a wide array of 247 trading instruments, allowing traders to diversify their investment portfolios across various asset classes including stocks, commodities, forex, and cryptocurrencies.
Operates in 27 countries: Operating in 27 countries, PFx Ltd provides traders with broad international market access, enhancing opportunities for global trading strategies and exposure to different financial environments.
Cons:
Lack of regulation: One major concern with PFx Ltd is its unregulated status, which means it does not adhere to any recognized financial regulatory framework. This can expose traders to potential risks such as fraud or unfair trading practices because there are no regulatory standards that the platform is obligated to follow.
Limited historical experience: As a relatively new player in the market, PFx Ltd may lack extensive historical performance data that traders often review to assess reliability and effectiveness. The absence of a long track record can make it difficult for investors to gauge the platforms stability and trustworthiness over time.
PFx Ltd offers over 500 trading instruments across six major asset classes, catering to a wide range of investment preferences and strategies.
Cryptocurrencies: PFx Ltd provides traders the opportunity to engage in cryptocurrency trading. This includes popular digital currencies such as Bitcoin, Ethereum, and many others, allowing traders to speculate on the price movements of these volatile assets.
Indexes: For those interested in broader market movements, PFx Ltd offers trading on major global indices. This allows investors to gain exposure to the performance of top companies across various sectors and regions without having to trade individual stocks.
Stocks: PFx Ltd also provides access to a wide range of stocks from multiple global exchanges. Traders can invest in shares of leading companies, taking advantage of market trends and corporate performance.
Energy: The platform includes options for trading in the energy sector, including oil and natural gas. These commodities are crucial for global economics and offer significant volatility and trading opportunities.
Commodities: Besides energy, PFx Ltd offers trading in other commodities like gold, silver, and agricultural products. Commodities trading can be a good way to diversify an investment portfolio and hedge against inflation.
Account Type | Minimum Investment | Maximum Investment |
Silver Account | $500 | $1,000 |
Gold Account | $1,100 | $3,000 |
The trading platform offers two distinct account types tailored for different investor needs:
Silver Account: This account is designed for individuals looking to maximize profit potential while operating within a budget. It is ideal for those new to investing or with limited capital, offering a minimum investment of $500 and a maximum of $1000. This account allows investors to maintain control over their investments and manage deposits effectively.
Gold Account: Targeted at more experienced investors or those with larger capital, the Gold Account offers tighter spreads and commissions. With a minimum investment of $1100 and a maximum of $3000, it is suited for investors seeking higher profitability with minimal risks.
Additionally, PFx Ltd also offers a free demo account, allowing both novice and experienced traders to test and refine their trading strategies without any financial risk. Through this simulated environment, users can freely experiment and learn without the concern of potential capital loss.
Visit the Website: Navigate to PFx Ltd's official website.
Sign Up: Click on the “Sign Up” button typically found on the homepage.
Fill Out Registration Form: Provide necessary personal details such as your name, email, and phone number.
Verify Identity: Upload required identification documents like a passport or drivers license to verify your identity.
Deposit Funds: Make an initial deposit using one of the available payment methods to fund your account.
Activate Account: Complete account activation by following the instructions in the confirmation email you receive.
PFx Ltd offers a high leverage option up to 1:500, allowing traders to significantly increase their trading position beyond their actual cash balance. This level of leverage can amplify both potential profits and losses, making it a powerful tool for experienced traders who understand how to manage risk effectively.
PFx Ltd offers a competitive commission structure with rates starting as low as 0.08%, which can be appealing for traders looking for cost-effective trading options. Additionally, the platform features a fixed referral commission of 10%, providing an incentive for users to refer new clients to PFx Ltd. This referral program not only enhances the platform's user base through existing client networks but also rewards those who contribute to its growth.
PFx Ltd offers a diverse array of payment methods to cater to the varied preferences of its traders, each with unique benefits, and importantly, PFx Ltd does not charge any deposit fees, making it more cost-effective for traders to fund their accounts:
Bitcoin: Bitcoin allows for decentralized transactions that offer a high level of privacy and security. It is particularly favored by traders who prefer to keep their trading activities discrete and those who value the speed and global accessibility of cryptocurrency transactions.
VISA: As one of the most widely accepted credit and debit card providers globally, VISA offers reliability and ease of use. Traders can make instant deposits that are securely processed, making it a convenient option for those who prefer traditional banking methods.
PayPal: Known for its robust security features, PayPal provides an efficient and secure way to transfer funds. Its user-friendly interface and widespread acceptance make it a popular choice among traders who appreciate quick and hassle-free transactions.
Skrill: Skrill is often chosen for its low transaction fees and the ability to transact in multiple currencies. It is particularly beneficial for international traders who need to manage money transfers in different national currencies without incurring significant exchange rate charges.
NETELLER: Similar to Skrill, NETELLER provides a fast, secure, and flexible way to transfer funds online. It is well-regarded for its dedicated services tailored to the needs of forex and commodities traders, offering both speed and reliability in funding trading accounts.
If you wish to contact PFx Ltd, you can do so through the following methods:
Physical Address: Clients can reach or send correspondence to PFx Ltd at 4 Old Barn Mews The Green, Croxley Green, Rickmansworth, England, WD3 3AH. This provides a direct way of handling formal inquiries and documentation.
Email Support: PFx Ltd provides email support through support@pfxlt.com, allowing clients to send queries directly and receive assistance on various issues.
Telephone Support: Available from Monday to Friday, 9 AM to 5 PM, this channel offers real-time help for immediate concerns or questions, enhancing the responsiveness of customer service.However, the specific phone number is not mentioned on the official website.
Online Contact Form: On their website, PFx Ltd has an online form where clients can submit their full name, email address, subject, and message.
PFx Ltd's Trade Academy offers a structured educational approach tailored for traders at different experience levels, providing a variety of online resources, trading guides, and expert webinars all available in English.
For beginners, the academy features a Beginner Course that introduces the basic concepts of crypto trading, explaining what the market entails and why it is beneficial to participate. This course is designed to help new traders understand the fundamentals and gain confidence to start trading.
For more advanced traders, PFx Ltd offers a Trading Tools course that focuses on advanced strategies and the utilization of Btrade's comprehensive trading toolset. This course aims to elevate traders' skills and prepare them for higher levels of market engagement.
Additionally, there is a specific course on Stocks and CFDs that provides detailed insights into the world of CFD trading. It covers the ins and outs of the CFD market, including key information and understanding market dynamics, which is crucial for anyone looking to trade CFDs effectively.
PFx Ltd caters to a wide range of traders with services in forex, stocks, commodities, and cryptocurrencies. The brokerage offers various account types with different minimum deposits, suitable for everyone, from beginners to high-net-worth individuals.
While the platform boasts advanced trading tools, 24/5 customer support, and educational resources through its Trade Academy, its unregulated status could expose users to higher risks of fraud and limited legal protection.
Q: How can I start trading with PFx Ltd?
A: To begin trading, visit PFx Ltd's website, complete the registration form, verify your identity, deposit funds, and activate your account.
Q: What types of accounts are available at PFx Ltd?
A: PFx Ltd offers Silver and Gold accounts.
Q: Can I trade cryptocurrencies at PFx Ltd?
A: Yes, you can trade a wide range of cryptocurrencies as well as other financial instruments like forex and commodities.
Q: What are the deposit options at PFx Ltd?
A: PFx Ltd accepts deposits via Bitcoin, VISA, PayPal, Skrill, and NETELLER without charging any deposit fees.
Q: How can I contact PFx Ltd for support?
A: You can contact them via email at support@pfxlt.com or use the online contact form on their website. Telephone support is also available during business hours.