• Company Details
Visit ProfiForex Website ProfiForex    

Company Details

Headquarters Mahe, Seychelles
Type of Broker Market Maker & STP
Founded 2010
Regulated By SIBA (Seychelles)
Offices In Seychelles
Supported Languages English, Russian
Website Visit Website

Account Details

Account Currencies USD
Minimum Deposit $1
Traders from USA Yes
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions No
ECN / STP Accounts Offered No
Commission on STP or ECN 0.3 Pips per side
VIP Accounts Offered No
Mini Accounts Offered Yes
PAMM / MAM Solutions Yes
API Solutions No
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards ,Wire Transfer ,Skrill ,OkPay ,WebMoney ,PayPal ,LiqPay ,QIWI ,PerfectMoney ,Yandex.Money ,W1
Withdrawal Methods Wire Transfer ,Skrill ,OkPay ,WebMoney ,Perfect Money ,PayPal ,LiqPay ,Yandex.Money ,W1

Platform Details

Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS, WebTrader
NO of Pairs 44
Pricing Digits 4 and 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts No
MetaTrader Server Time (Winter) GMT + 2
Demo Account Expiry Non-Expiring
VPS Offered No

Trading Details

Dealing Desk Yes
Maximum Leverage 500:1
Minimum Contract Size 0.01
Execution Instant Execution (on either Micro or Standard Accounts), Market Execution (on either Micro or Standard Accounts)
Hedging Yes
Scalping Yes
Scalping Restrictions Yes
Option of OCO No
Option of FIFO No
Negative Balance Protection No

Additonal Instruments

Metals Yes
Oil Yes
Indices Yes

ProfiForex Reviews Click here toWrite a ProfiForex Review

  • FXGUY
  • Nov 29, 2016
  • Country: Brunei Darussalam
triangle img FAKE BONUS AND LEVERAGE DO NOT FALL FOR THE PROMOTIONS YOU'LL LOSE MONEY IN NO TIME
  • FXGUY
  • Nov 29, 2016
  • Country: Brunei Darussalam
triangle img ALL POSITIVE REVIEWS ARE FAKE,it was easy to use demo,but i'm experience trader,GOING LIVE account will goes wrong WITH THIS BROKER,price slippage,requote,market goes to wrong direction. YOU CAN TRY IT YOURSELF BUT THEIR SYSTEM WILL MAKE YOU LOSE FAST
  • Imteaz
  • Feb 26, 2016
  • Country: Bangladesh
triangle img My experience with this broker has been more than expected. For the past two years execution is smooth and not a single trade has been lost; feed and prices are as I like them. I recommend! Excellent Profiforex broker.
  • shubo
  • Feb 25, 2016
  • Country: Bangladesh
triangle img I never usually believe 5 star reviews and never made one before myself, but this service is fantastic! I looked in my account and there was over a hundred bucks, in mind I thought it would about 50!  getting paid on losing as well as winning trades m,akes all the difference and really helps you stay profitable.
  • Forlan Berky
  • Jul 31, 2015
  • Country: Netherlands
triangle img I am using this broker because they offer Nano lots trading and their 1:500 leverage is useful to my strategy. Well, I deposit and withdraw through Skrill, which is quite convenient for me. Withdrawal $5 fee though
  • Podoski
  • Aug 6, 2014
  • Country: Poland
triangle img I love their new trading platform. My orders are executed very fast. This is a very honest broker and I enjoy the way things are going smoothly for me. Customer service has been very helpful as well.
  • Irin Maggy
  • May 7, 2014
  • Country: Ireland
triangle img I made deposit via Paypal and wanted to withdraw via Skrill, but they won't let me. They said it is against paypal policy. This is the only complain I had at first. In all, I am very pleased with this broker. I made double of my capital in one month. Later, I withdrew my profit via paypal and it was done within 2 hours. Thanks
  • Rambo22
  • Mar 17, 2014
  • Country: Denmark
triangle img I prefer this broker because I don't experienced slippage here as often as my previous broker. Execution is fast and my pending orders/stop loss are always honored. Since I love following the news, I am going to make more deposits with my Paypal and start long term trading. Their online Support has been great as well. Highly recommended!!!
  • experttrader
  • Jul 8, 2013
  • Country: Nigeria
triangle img I have used about three brokers including one US broker, but I will say that profiforex really beat my expectations. Every trader needs guaranteed SL and TP while trading and this is exactly why I like profiforex. They always honor my SL and TP with fast execution. Things are really going smoothly for me as far as news trading is concerned. I made my first big profit yesterday and withdrew it today. I am really excited.
  • rafaFX
  • Jun 15, 2013
  • Country: Spain
triangle img

 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. They are thieves and they are not regulated, don't put a cent in it!

 

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.

Typical Spread on Majors

 
EUR/USD 2
GBP/USD 3
USD/JPY 2

Company Details

ProfiForex

ProfiForex Corp. was founded by a group of traders with many years of trading experience whose goal was to help other traders become more successful. Having started from the small forex broker ProfiForex gradually attracted more and more traders and is now proud of providing access to the best trading conditions for traders all over the world.

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