Operating since year:
Carenage Bay Canouan Island, VC0450 Kingstown, St. Vincent & the Grenadines
MetaTrader 5, MT5 for Android/iOS, MT5 WebTrader
Trading platform Time zone:
Other trading instruments:
Currency Trading, Commodities Trading, Shares Trading, Stock Indices, Precious Metals, Cryptocurrencies
Minimum deposit ($):
1:1 up to 400:1
Variable or floating for Mini, Advanced, and Executive; Fixed for Prime and VIP
Review of ProfitiX: General information
The industry is constantly evolving; while old is gold, new is always better. ProfitiX is a broker that has been in business since the beginning of 2019. They have integrated a cutting-edge digital experience into their marketplace. As a result, it became some of the most modern brokers in the industry. This ProfitiX review will educate you on everything you need to know about the broker. ProfitiX has worked really hard to create its brand in just a few months. They provide high-quality trading services and conditions, as well as quick execution, fund security, and a wide selection of trading products. Their account types are open to all types of traders.
ProfitiX: Review of Account Types
ProfitiX provides its traders with five different account kinds. With such a wide range of accounts, the broker is more accessible to a broader range of investors. As a result, whether you are a rookie or a seasoned trader, you will almost certainly be able to discover an account that meets your requirements.The broker’s official website is profitix.com. It provides daily updates and is highly active.
ProfitiX provides services in every country except for the US. Still, these terms are not strict. If you are a US citizen, you can bypass this limitation by selecting ‘US Minor Outlying Islands’ as your country. Afterward, you will need to choose ‘Other State’ as your state from the bottom of the list. Then, you can add your actual phone number, address, and zip code. This way, you will have easy access to your account.
- MINI Account – This trading account has a $250 minimum deposit and has a leverage of 1:400, with a minimum order size of 0.01.
- ADVANCED ACCOUNT – With a deposit of $2,500, you will receive a leverage of 1:400 and the capacity to trade orders up to 10.00 in size.
- EXECUTIVE ACCOUNT – A $25,000 minimum deposit will get you access to a trading portfolio and thorough market analysis.
- PRIME ACCOUNT- After depositing $100,000, you will have access to hedging and a pro-trading portfolio.
ProfitiX has a wide range of specifications to offer its traders. If you are a beginner, you do not need the specifications supplied for pro account types. Investing in a larger account would thus be futile for you.
It’s fantastic that ProfitiX enables a minimal deposit for a newbie account. As a result, new traders can develop their abilities and confidence without committing too much money initially. However, you will eventually want to upgrade your account since you will learn that the higher your level, the easier it is to trade.
Profitix.com: Review of Trading Conditions
ProfitiX provides clients with MetaTrader 5 platform, which is famous for its exceptional trading function and full features.
They are associated with secure banks and reputable financial institutions. ProfitiX provides optimum account security by utilizing SSL server encryptions. As a result, it ensures that all trades, payment transactions, and private and financial information are highly secure.
ProfitiX provides lightning-fast order execution. Their MT5 technology is geared to provide four different types of executions, providing consumers with transparent pricing from 20 different banks and liquidity sources.
The trading instruments offered at ProfitiX are:
- Precious metals
Website of ProfitiX:
ProfitiX’s clean website design is one of the ways it distinguishes itself as one of the most current brokers. It is simple to use and comprehend. ProfitiX’s webpage immediately highlights the benefits of cooperating with the broker. You can learn more about fund security, speedy execution, and other topics on the website.
Additional Information: ProfitiX Payment Options
There will be no additional fees for withdrawal, and you may be eligible for attractive incentives and offers upon deposit. ProfitiX accepts the following payment methods:
- Western Union
- Diners Club
- Skrill and more
The payment options provided are, in reality, universally trusted and available to all citizens. ProfitiX makes trading simple and accessible to all non-restricted countries across the world. They accept currencies such as the US dollar, the British pound, and the Euro.
ProfitiX is also present on social media. They have a Facebook page, an Instagram account, a Twitter account, a Tumblr, a Pinterest account, and even a Reddit account. Because they provide regular news and updates to their users, their significant activity on social networks fosters a high level of trust in the broker.
ProfitiX also has a habit of participating in trading forums on multiple platforms. When a user complains about the broker, the active social media managers step in to resolve any concerns and assist the user.
What we think about ProfitiX.com: Review Conclusion
If you are a trader concerned about the security of their funds, this is the broker for you. As previously said, the security of their servers is exceptional and unrivaled. They also provide a variety of account types to all sorts of traders, with some requiring only a little investment.
They have a very dedicated crew that is always willing to help at any time of the day. ProfitiX’s trading conditions are remarkable, with in-depth market analysis, strategy descriptions, and daily news. ProfitiX’s major goal is to assist traders in investing in a simple transaction with a smooth operating schedule.
ProfitiX is undoubtedly utilizing the broad internet to delight all its consumers. Unsurprisingly, they’ve built such a solid reputation in such a short time. Again, this could demonstrate that ProfitiX is one of the industry’s most modern brokers. ProfitiX LTD owns this platform, according to the Disclaimer at the bottom of the homepage. This broker is registered in St. Vincent and the Grenadines. By their own admission, this broker clearly states that they are offshore brokers. Offshore brokers are renowned for breaking regulatory norms and standards. ProfitiX allows clients to trade currency pairs, cryptocurrencies, commodities, indices, and stocks. According to its website, the Profi trader platform has 10,000 assets available. Depending on the account type, leverage ranges from 1:1 to 1:400.
FAQ: You might find interesting
Is ProfitiX regulated?
ProfitiX, according to the broker’s website, is exclusively registered with the Financial Services Authority of Saint Vincent and the Grenadines.
This registration does not constitute regulation and does not ensure customer protection measures, such as the broker’s involvement in a compensation plan.
Is ProfitiX regulated in the United States?
ProfitiX is not regulated in any US state.
Is ProfitiX regulated in a Tier-1 jurisdiction?
ProfitiX is not regulated under Tier-1 jurisdiction, according to the ProfitiX website.
Tier-1 jurisdiction would allow ProfitiX to operate in the following countries: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.
Is ProfitiX regulated in Tier-2 jurisdiction?
ProfitiX, according to official ProfitiX sources, is not governed under Tier-2 jurisdiction.
Tier-2 jurisdiction also permits ProfitiX to operate in the following countries: the British Virgin Islands, Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.
Is there an educational section on ProfitiX?
Yes, ProfitiX has an instructional area on its website that includes comprehensive learning tools and informative films.
Users must have a ProfitiX trading account to access the instructional part, as the content is unavailable to the general public.
Beginner topics will explain what Forex trading is and provide insights into the Forex market’s nature. Intermediate to advanced lectures will include fundamental and technical analysis, as well as the application of numerous trading methods and approaches.
ProfitiX has provided an excellent instructional offering that all new traders should take advantage of in order to obtain a better understanding of Forex trading and develop their trading tactics.
How Do I Get My ProfitiX Money?
To withdraw money from ProfitiX, do the following:
- Sign in to your account using your registered email address and password.
- Continue to the Withdraw Funds section and press the ‘proceed’ button.
- Select your withdrawal method using the broker’s safe cashier interface.
How long does it take ProfitiX to process deposits?
ProfitiX deposits take one working day to process and reflect in your account. This is true for all of the deposit options.
Is ProfitiX offering a VIP bonus?
ProfitiX does not provide a VIP incentive. On the other hand, VIP clients will have access to a number of exclusive features, including hedging, negative-balance protection, a personal portfolio, and a low market price difference.
Can you start trading at ProfitiX with no money?
No, you cannot begin trading at ProfitiX with no money. This is because ProfitiX does not offer any deposit bonuses. Thus traders must invest their own funds when registering a Trader Account.
How does ProfitiX leverage work?
Leverage can be defined as monies borrowed from the broker. Borrowed cash can be used to strengthen a trader’s position and increase earnings. Leverage, on the other hand, might enhance losses.