Profit4x -Overview of Minimum Deposit, Leverage, Spreads

General Information

Profit4x is Seychelles-registered forex broker offering a series of trading instruments to both retail and professional traders, including Forex, Crypto, Indices, Commodities and more through the advanced MT4 trading platform. With the Profit4x platform, investors have the flexibility to choose from four trading accounts, with leverage up to 1:500, spreads from 0.1 pips.

Profit4x is operated by a company named Profit4x Limited, does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Market Instruments

Profit4x hypes that it allows its clients to trade on various financial markets, including Foreign Exchange, Indices, Cryptocurrencies, CFD products.

Account Types

Profit4x provides four trading accounts for both retail and professional clients, namely Standard, Classic, Premium and Club. To open a Standard account, a low initial deposit of $20 is all you need to take, friendly to beginners and inexperienced traders. The Classic account requires $500 to start trading, which is suitable for regular traders.

The premium account is more suitable for professional traders, asking for an initial deposit of $2,500, and the Club account is designed for institutional clients, and they need to fund at least $10,000 to start.

Aside from live trading accounts, demo accounts are also available for newcomers to get a feel of this platform and practice their trading skills without risking their real capitals.

How to open an account with Profit4x？

Opening an account with Profit4x is an easy and simple process:

1. Click the CREATE ACCOUNT link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, Profit4x permits traders to use leverage of up to 1:500, which is significantly higher than the levels regarded appropriate by many regulators.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Spreads & Commissions

The spread starting from 0.1 pips for all four trading accounts, and varying commissions are charged at each account, with the Standard account from $8 per lot, the Classic account from $7 per lot, the Premium account from $6 per lot, the Club account from $5 per lot.

Trading Platform

Profit4x offers its clients access to the industry-leading MT4 trading platform, featuring the robust charting package, the ability to use automated trading bots (Expert Advisors), and the flexibility of the interface.

Customer Support

Clients can visit the “Help Center” section to find some answers to some basic problems.

For any questions or concerns they may have about their accounts or their trading can reach out to Profit4x through the following methods:

Online Communication

Email: support@profit4x.com

Or you can also follow this forex broker on some social media platforms, such as Facebook, Twitter, Youtube, Instagram, Linkedin, Pinterest.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.