Bonus offers Trading contests Free education PAMM accounts Affiliate program Islamic accounts available US traders are welcome| Unrated | |
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| Company | Profiforex Corp. |
| Founded and online since | 2010 |
| Offices in | Seychelles |
| Payment options | Credit/debit cards Moneybookers OKPAY WebMoney Wire transfer |
| Demo platforms |
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| Account currencies | United States dollar |
| Currency pairs | Show currency pairsHide |
| Website available in | English |
| Support available in | Chinese English Russian |
| Support methods | Email Forum Live chat Phone |
| Trading server time zone | GMT |
| Minimum account size | $1 | ||||||
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| Minimum position size | 0.01 lot | ||||||
| Spread type | Variable | ||||||
| Typical spread on EUR/USD, pips | 0.7 | ||||||
| Minimum spread on EUR/USD, pips | 0.1 | ||||||
| Trading instruments |
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| Trading platforms | MetaTrader 4 |
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| Digits after the dot in quotes | 4 or 5 | ||||||
| Margin call level | 15% | ||||||
| Stop-out level | 15% | ||||||
| Number of currency pairs (of which exotic) | 42 (21) |
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11 reviews of Profiforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I just want to show my appreciation. Profiforex is currently my best broker because of the good trading condition here. Aside from the spreads, which are favorable, their execution and withdrawal speed are praise worthy. When I wanted to withdraw my money for the first time, I was told to submit some document. I did so and my money was sent to me within 24 hours. This is great and I want to say thank you to profiforex.
I tested many MT4 platforms; the trading platform in Profiforex is very nice. Good execution, No requotes. I have a micro account in Profiforex, I think it is very suitable for forex beginner. No need big amount deposit and the loss won’t be so big too. Good broker.
This is good forex broker. From I opened account with them till now; I’ve been trading almost 5 months in Profiforex. I admit it is a new forex broker, but their service proves they are professional and have many experience in forex sphere. I like their MT4 trading platform, it is very easy to learn how to trade and very easily to set SL, TP. I never met any problem with them. It is deserved to be recommended.
Never had any problems with Profiforex in almost 1 years of trading. Nice trading platform, and fast withdrawal of my profits into my account. Live chat is awesome. Keep it up!
Just opened new account today. Easy and fast. Deposit and withdraw by MoneyBookers, Paypal, WebMoney. I deposited by Paypal then trading right away on MT4, and got $5 bonus. Cool... So far so good but don't know withdraw issue yet.
It is quite easy and really fast to deposit and withdraw and deposits are without any commission, but there are not many payment options available
On my opinion they are good guys! Though I didn’t find that they accept credit cards, but I can say about online payment systems that deposits (as well as their promised bonus) appear immediately after I send money. Also, I found out that their online chat is off when the market is closed. On the website there is also stated that if the withdrawal is made on weekend one can receive it only on Monday. At first I didn’t notice that but still received money on Saturday 4 hours after I submitted the request. Notable fact was that they didn’t ask me to provide documents inasmuch as I was withdrawing to the same account from where deposited.
I want to share my experience in deposit and withdrawal with this broker. Usually, i deposit money via Moneybookers. The speed of deposit is very fast, in several seconds the money will be added in my trading account. And when i withdrawed money from your account, Profiforex asked me to send them required documents, like scan of your passport or other documents which can prove my indentity. But i think it is ok, for safety considerations. After i provided those documents, the money was transfered to your bank account almost after 7 working hours. They promised the money could be transfered in 24hours. And for withdrawal, you just need to provide required documents ONE TIME.
I trade with this broker not very long time(about 2 months).The execution very fast, and the MT trading platform is very good, i am used to it. Just this broker doesnt provide Mobile platform, i have a little inconvenient. Hope they will do better service.
I highly recommend this broker.
I've started with micro forex and not long ago (about 4-5 months) opened a standard account. I was surprised with their execution. It is amazingly fast, without requotes.
Withdrawals of course are the key issue. Usually, I withdraw profit once a week and I always receive money on time without any problems.
Though I am not practicing scalping I've noticed in their client agreement that deals less than 1 minute are not welcome.
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I have only a few words to describe this broker. I am currently enjoying my trades here because of their execution speed. I only pay 0.3pips as trade commission. Also, I never had any problems withdrawing my money. So, I would recommend this broker to anyone.