Profiforex
Profiforex Broker Overview
Here is every key fact about Profiforex in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Profiforex |
|---|---|
| Broker name | Profiforex |
| Foundation year | 2007 |
| Headquarters | Profiforex Corp.103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles |
| Country | Seychelles |
| Telephone | +2486470181 |
| Email / Skype | support@profiforex.com |
| Regulated by | — |
| Type of broker | STP |
| Min. deposit | $1 |
| Max leverage | 1:500 |
| Min. spreads | 0.2 |
| Funding methods | Paypal, Credit Cards, Wire Transfer, Skrill, WebMoney, Perfect Money, Okpay, LiqPay, QIWI, W1, Yandex.money. |
| Withdrawal methods | PayPal, Wire Transfer, Skrill, WebMoney, PerfectMoney, Okpay, LiqPay, QIWI, W1, Yandex.Money |
| Base currencies | USD |
| Languages | English, Chinese and Russian |
| Trading platforms | MetaTrader 4 (MT4) |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✗ No |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4 (MT4), spreads from 0.2, leverage up to 1:500 and a $1 minimum deposit. New clients can also check the current Yes.
Is Profiforex Safe? Regulation and Company Details
Profiforex does not list a regulator on its profile, so treat it as an unregulated broker. The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
No regulator is listed on the broker profile.
Head office
Profiforex Corp.103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles (Seychelles)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2007. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.
Profiforex Trading Conditions
Spreads and commissions
Profiforex spreads start from 0.2. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4 (MT4)
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This Profiforex review covers regulation, fees, platforms and bonuses.
Official website: Profiforex
Profiforex Account Types
Profiforex offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $1 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Profiforex
Profiforex supports the deposit and withdrawal methods below. Check the fee and processing time for your method before you deposit.
Withdrawal methods
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Profiforex Bonus and Promotions
Bonuses are a big reason traders search for Profiforex. Availability depends on your country and the account type.
- Yes — the current promotion for Profiforex clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Profiforex website before accepting any offer.
Profiforex Pros and Cons
Pros
- Yes
- Low $1 minimum deposit
- Spreads from 0.2, STP execution
- MetaTrader 4 (MT4)
- Hedging and scalping allowed
- Islamic, mini and managed accounts
- 11 deposit and withdrawal methods
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a Profiforex Account
- RegisterFill in your name, email, country and phone number on the Profiforex sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $1 with your preferred method, claim any eligible bonus, then log in and start trading.
About Profiforex
Profiforex Review: Overview
Profiforex is a STP forex broker that was established in 2007 and is based in Seychelles. Its head office is listed as Profiforex Corp., 103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles. With a history going back to 2007, it is one of the older names in the offshore retail forex market. Its website is available in English, Chinese and Russian, which makes it accessible to a broad range of traders.
This review looks at what Profiforex offers in practice: its regulation status, account types, trading platform, costs, funding methods, bonuses and the trade-offs a trader should weigh before opening an account. You can find the official website here: Profiforex.
Our rating for Profiforex is 1.33. The sections below explain the reasons behind that score.
Regulation and Safety
The most important point for any trader to understand about Profiforex is that it is not regulated. Our data lists no regulatory licence for the broker. That means it does not operate under the supervision of a financial regulator that would normally require client protection rules, regular audits or access to a compensation scheme.
Regulation is one of the first things experienced traders check, because it sets the rules a broker must follow and gives clients a route for complaints. Without it, you rely mainly on the broker's own commitments and your own due diligence.
There is one positive safety signal. Profiforex states that it keeps segregated client funds, which means client money is kept separate from the company's operating money. Segregation does not replace regulation, but it is a feature many traders look for. Before depositing, read the broker's risk disclosures, terms of business and any statements about how client funds are held, and check them on the official website.
Trading forex and CFDs on leverage carries a high risk of losing money, and an unregulated broker adds to that risk. Only trade with money you can afford to lose.
Account Types
Profiforex offers a range of account types designed for different trading styles and beliefs:
- Standard accounts for traders who want the broker's regular trading conditions.
- Mini accounts for traders who prefer smaller position sizes and a lower entry point.
- Islamic accounts, which are swap-free accounts intended for clients who cannot or do not want to pay or receive swap (overnight) interest for religious reasons.
- Swap-free accounts, available as a separate option for clients who want to avoid overnight financing charges.
- Managed accounts, where trading is handled by a professional manager on the client's behalf.
Profiforex does not offer VIP accounts according to our data. The account base currency is USD. A free demo account is available, which is useful for practising on the platform before committing real money. Trading in a demo account does not reflect real market pressures such as slippage or emotional decision-making, so treat it as a learning tool rather than proof of profitability.
Trading Platforms
Clients can trade on MetaTrader 4 (MT4), one of the most widely used retail trading platforms. MT4 offers charting tools, technical indicators, custom scripts and Expert Advisors (automated trading programs), which many traders appreciate for their flexibility.
Profiforex also provides web trading and mobile trading, so you can monitor and place trades from a browser or a phone or tablet. Our data does not list other platforms, so traders who prefer MetaTrader 5, cTrader or proprietary apps should check whether those options are available on the official website.
Trading rules are relatively permissive. Hedging and scalping are allowed, and news trading is allowed. Traders who use these strategies should still confirm the execution rules and any restrictions in the terms before trading around major announcements.
Spreads, Fees and Leverage
Profiforex is a STP broker, meaning client orders are passed on to liquidity providers rather than being handled internally. Spreads are advertised from 0.2. Actual spreads vary with market conditions, the instrument traded, the time of day and the account type, so the advertised minimum is not a guaranteed cost on every trade.
Maximum leverage is 1:500. High leverage allows you to control larger positions with a smaller deposit, but it magnifies losses as well as gains. A small adverse move can wipe out a leveraged account quickly. Many traders use far lower effective leverage, and it is sensible to size positions so that a normal market move does not put your whole balance at risk. Leverage may also be lower depending on your country and account type.
Our data does not include a full schedule of commissions, overnight swap rates or inactivity and withdrawal fees. Check these on the official website and in the account documents before you deposit, and compare the total cost of trading, not just the spread.
Deposits and Withdrawals
The minimum deposit at Profiforex is listed as 1. The currency and any conditions attached to this amount are not stated in our data, so confirm them on the official website before funding an account.
Profiforex accepts a wide range of deposit methods, including:
- PayPal
- Credit cards
- Wire transfer
- Skrill
- WebMoney
- Perfect Money
- Okpay
- LiqPay
- QIWI
- W1
- Yandex.Money
Withdrawals can be made through PayPal, wire transfer, Skrill, WebMoney, PerfectMoney, Okpay, LiqPay, QIWI, W1 and Yandex.Money. Credit cards are not listed among the withdrawal methods in our data, so if you plan to deposit by card, check how refunds or withdrawals are handled before you start trading.
Processing times, limits and any fees charged by the payment providers are not included in our data. Read the payment section of the official website, because these details can affect how quickly you can access your funds.
Bonuses and Promotions
Profiforex offers a welcome bonus and other promotions. It does not offer a no-deposit bonus, so you will need to fund an account to access the promotions. The specific bonus amounts, eligibility rules, wagering requirements and withdrawal conditions are not included in our data, and bonus terms can change.
Bonuses can look attractive, but they often come with conditions that affect how and when you can withdraw profits. Before claiming any offer, read the full terms, understand what you need to do to release the bonus, and check whether the offer suits your trading plan. The bonus should never be the main reason to choose a broker.
Customer Support
Our data does not list specific support channels, response times or opening hours for Profiforex. The website is available in English, Chinese and Russian, which helps clients who prefer one of those languages. To assess support quality, check the contact options on the official website and try reaching the team with a few pre-deposit questions. How quickly and clearly a broker answers before you fund an account is often a useful indicator of how it will handle problems later.
Pros and Cons
Pros
- Established in 2007, giving the broker a long operating history.
- Segregated client funds are stated as a feature.
- MetaTrader 4 with web and mobile trading.
- Low stated minimum deposit of 1.
- Leverage up to 1:500 for traders who understand the risks.
- Spreads advertised from 0.2.
- Hedging, scalping and news trading are allowed.
- Free demo account for practice.
- Islamic and swap-free accounts are available.
- Managed accounts and mini accounts are offered.
- Wide range of deposit and withdrawal methods, including e-wallets and local payment systems.
- Website available in English, Chinese and Russian.
- Welcome bonus and other promotions are available.
Cons
- Not regulated according to our data, which means less form
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Profiforex?
Profiforex earns 1.3/5 — a $1 entry cost, MT4 platforms and a track record since 2007.
Profiforex suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
