7.4/10
(7 qualified reviews)
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • PAMM accounts
  • Segregated accounts
  • Managed accounts
  • Affiliate program
  • Islamic accounts available
  • US traders are welcome
  • Company Profiforex Corp.
  • Founded in 2010
  • Offices in
    • Seychelles
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4 (Limited with 21 days of inactivity)
  • Account currencies
    Show account currencies Hide account currencies
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Website available in
    • Arabic
    • Chinese
    • English
    • Russian
  • Support available in
    • Chinese
    • English
    • Russian
  • Support methods
    • Email
    • Forum
    • Live chat
  • Trading server time zone GMT
  • Rebates on stop orders per 1 std. lot 1 $
  • Rebates on limit orders per 1 std. lot 1 $
  • Rebates per 1 std. lot 1 $
  • Hedging
  • Overnight interest rates (swaps)
  • Mobile trading
  • Minimum account size $5
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0.1
  • Commission (one-way) per 1 std. lot $0.30
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • CFD1:500
    • Oil1:100
    • Stocks1:100
    • Indexes1:500
    • Metals1:100
    • Cryptocurrencies1:500
  • Trading platforms
    • MetaTrader 4
    • MobileTrader
  • Digits after dot 4 or 5
  • Margin call level 15%
  • Stop-out level 15%
  • Minimum distance to stop/limit orders, pips 4
  • Number of currency pairs (of which exotic) 135 (20)
  • Hedging
  • Overnight interest rates (swaps)
  • Mobile trading
  • Minimum account size $1
  • Minimum position size 0.01 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 0.2
  • Minimum spread on EUR/USD, pips 0.1
  • Commission (one-way) per 1 std. lot $0.30
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • CFD1:500
    • Oil1:100
    • Stocks1:100
    • Indexes1:500
  • Trading platforms
    • MetaTrader 4
    • MobileTrader
  • Digits after dot 4 or 5
  • Margin call level 15%
  • Stop-out level 15%
  • Minimum distance to stop/limit orders, pips 4
  • Number of currency pairs (of which exotic) 135 (20)
View contract specifications

Reviews

28 reviews of Profiforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, España.

This broker is a scam, after one month trading and winning with them, when I tried to withdraw the gains they changed all my trades, they've steal all the gains and all the money I put in there.

This is the bullshit they have sent to me:

You have received this message because our software while analyzing your 158105 account has detected the deals executed on non-market quotations. Your trading system is based on the imperfection of Instant Execution mechanism. Let us remind that on real forex there is “Market Execution” and according to our Client Agreement we reserve the right to rewrite your deals in accordance with the quotations that actually existed in the market at that time. According to our Client Agreement the deals are rewritten according to the tick quotations of Dukascopy (Swiss Forex Bank). You can find the charts to each deal below. Please note that you can download the tick quotations of Dukascopy from their website www.dukascopy.com and check everything by yourself.

, Texas, Houston.

Profiforex is surprisingly cool. I never expected their services to be this great. Every thing is quit simple and no too much complication. They always honor SL and TP options with very fast execution. I hope they continue such amazing services.

, United States.

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.

, Nigeria.

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.

, Russia.

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.

, RUSSIA.

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.

, Russia.

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!

, USA.

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.

, Russia.

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

, Germany.

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.

, Italy.

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.

, Romania.

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.

, The United States.

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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