PROFITIX REVIEW

Comments Rating 4.95 (103 reviews)

GENERAL INFORMATION

Broker Name:

ProfitiX

Broker Type:

Market Maker

Operating since year:

2019

Regulation:

N/A

Address:

Carenage Bay Canouan Island, VC0450 Kingstown, St. Vincent & the Grenadines

Broker status:

Market Maker

CUSTOMER SERVICE

Phone:

+18007997635

Languages:

English, Deutsch

Availability:

24/5

TRADING

Trading platforms:

MetaTrader 5, MT5 for Android/iOS, MT5 WebTrader

Trading platform Time zone:

UTC+2

Demo account:

NO

Mobile trading:

YES

Web-based trading:

YES

Bonuses:

N/A

Other trading instruments:

Currency Trading, Commodities Trading, Shares Trading, Stock Indices, Precious Metals, Cryptocurrencies

ACCOUNT

Minimum deposit ($):

$250

Maximal leverage:

1:1 up to 400:1

Spread:

Variable or floating for Mini, Advanced, and Executive; Fixed for Prime and VIP

Scalping allowed:

NO

A quick glance at ProfitiX

ProfitiX Ltd. is a brokerage service provider with registration number 25308 BC 2019. The company provides Forex, commodity, CFD, and cryptocurrency services. It is based in Saint Vincent & Grenadines at the address Carenage Bay Canouan Island, VC0450 Kingstown.

The broker was based in 2019, and it already has an excellent reputation in the investment world. The company is working hard to establish its name in the market. ProfitiX has implemented an innovative digital experience by converting one of the modern brokers in this field. 

Its trading platform is very friendly, offering high-quality trading services, fast-executed conditions, and secure funds. ProfitiX is excellent at providing maximum flexibility on deposit requirements for the traders.

ProfitiX Review, ProfitiX Review

With a friendly trading platform, traders can utilize it to make profitable trades along with transactions.

The broker’s official website is www.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.

Regulations & Licenses at ProfitiX

The company is authorized and operated under the laws of St. Vincent and the Grenadines with registration number 25308 BC 2019.

Trading Platforms provided by the broker

ProfitiX provides clients with MetaTrader 5 platform, which is famous for its exceptional trading function and full features. The MT5 platform is all-inclusive. It allows clients to trade currency pairs, stocks, and shares. The MT5 offers advanced tools for price analysis to manage algorithmic trading applications. It also supports the hedging method to open various trading positions within the same financial instrument.

ProfitiX offers traders cross-asset trading on more than ten thousand markets.

ProfitiX Review, ProfitiX Review

The MT5 is available on any device. It can be accessed with Windows, Mac, iOS, and Android. The Mobile version enables traders to reach the market anytime to keep track of price fluctuations.

Moreover, ProfitiX MetaTrader 5 enables exceptional client support for 24 hours, five days a week. There is no weekend trading.

Trading Conditions Offered by ProfitiX

The trader guarantees fund security for its clients and is affiliated with secured and trusted banking institutions. On ProfitiX, all the trades, private information, financial transactions are highly protected. The broker provides 20 approved banks and liquidity sources.

Assets

ProfitiX offers a vast number of trading assets. The broker gives its customers access to over ten thousand financial markets. The platform has trading instruments for currency, providing most of the currency pairs, commodities, precious metals, cryptocurrencies, shares, and stocks.

It is also exceptional that a wide range of trading instruments are available to all account types. However, opportunities are a little limited for those operating with Mini and Advanced accounts.

Currency pairs trading is available 24 hours a day. Commodities are traded with zero commission charges.

For those interested in trading cryptocurrencies, Bitcoin, Bitcoin Gold, Litecoin, and Ethereum are possible options. Besides, the cryptocurrency is priced both in USD and EUR.

Leverage

The broker provides extremely generous leverage from 1:1 to 400:1. Unlike many other brokers, who are limiting the maximum leverage for account types that require more extensive deposits, ProfitiX allows the maximum amount for all the account types.

picture-71

Spreads

The mini account offers the most specific information on spreads. It provides variable spreads from 3 pips.

The spread could seem quite high. However, it’s worth considering that this broker charges with no commission fees on accounts. Despite the higher spreads, it substantially lowers the trading costs.

The spread can be floating or variable.

ProfitiX deposit/withdrawal methods and fees

Depositing and withdrawal are very easy with the broker. Potential clients of ProfitiX may deposit or withdraw by credit cards and wire transfer. The broker offers payment methods via Visa, MasterCard, western union, Diners Club, MoneyGram, Neteller, Skrill, and more. Upon withdrawal, there will be no additional charges. Even many more significant brokers impose some commission on withdrawals, and these fees can increase in the amount in the long run. So, choosing this broker will give traders a slight advantage. It means that they will be able to make frequent and small withdrawals without worrying about charges that could cut their profits. It has also been mentioned several times that withdrawals with the broker are quite fast.

Most of the broker’s account types are commission-free, and spreads are very profitable. There is a chance to receive abundant bonuses as well and offers upon deposit.

Rollover charges are only applicable to positions held past a particular time. To avoid such charges, you can learn about closing time for each market by viewing Market Hours on the website.

ProfitiX accepts currencies such as the US dollar, British Pound, and the Euro.

The broker tries its best to keep the customers satisfied. In the case of complaints, the active social media managers are ready to help in solving any issues the user might have. Besides, the broker is engaged in social media. ProfitiX is available to reach on Facebook, Instagram, Twitter, Reddit, Tumblr, and Pinterest.

The services they offer have made them one of the most reliable and trusted brokers in the market.

Account types on ProfitiX

ProfitiX offers several account types. They are custom-made and differ from one another by the required minimum deposit. Providing five types of accounts, the broker is suitable for all kinds of traders.

ProfitiX Review, ProfitiX Review

Level 1 is the mini account, the lowest level the broker offers. It is useful for traders with modest capital. The minimum deposit here is $250. This level provides access to MetaTrader 5, price alerts, education centre. The minimum requirement for the lot size is 0.01 lots for this account. This level is perfect for developing trading experience. It gives them the flexibility to manage risks. Leverage is as high as 1:400. Commissions are not included.

Level 2 is an advanced account. It is perfect for experienced traders in the financial markets.

The account offers the same features as the previous one. Besides, any trading style is available on the level.

The minimum deposit here is $2,500. This level gives traders the ability to trade far more assets like currencies, indices, commodities, metals, and cryptocurrencies.

The account offers variable or floating spreads, which provides more transparent pricing. Also, it includes a custom trading strategy.

Level 3 is the Executive account. Besides the futures mentioned above, users of this account can have a variety of investment choices, such as professional charting tools, personal portfolios, and market analyses. The minimum deposit here is $25,000. This level provides all trade assets.

Level 4 is the Prime account. It provides clients with competitive pricing conditions with a minimum deposit of $100,000.

Spreads are fixed here, and the level offers research tools, as well as exclusive daily market analysis. This level allows the investors the usage of so-called hedge positions, keeping two or more trading positions open simultaneously.

Level 5, the VIP account, is the top level. This account is for ultra-wealthy investors and active participants trading with large volumes. This level gives the clients the possibility to take the trading to the next level. Besides the features mentioned above, this account offers a low market price difference. Besides, the broker safeguards clients with negative balance protection.

Education and training at ProfitiX

Daily news, market analysis and educational videos ProfitiX provides are available to all the traders. They will get available as soon as traders register their accounts.

The educational centre offers information for beginners and professional traders. Your skills become stronger and stronger as you learn more. It is also wonderful that a broker cares for the development of its customers. Videos ProfitiX provides, include lessons on trading terminology, Forex trading strategies, and more.

Conclusion

Profitix provides huge trading features. The broker has established its position in the market with a highly advanced MT5 trading platform. A large-scale range of trading instruments such as Forex, indices, shares, and cryptocurrencies, make the broker very competitive. Besides, it uses SSL technology to ensure fund safety against suspicious activities. Another appealing feature for this broker is that it offers five different account types for all sorts of traders.

Moreover, Profitix provides training videos, an economic calendar, and daily market analysis. Customer support is available for 24 hours, five days a week. The leverage of ProfitiX is up to 1:400.

Safety of the client’s capital is the highest priority for the broker, and customers’ investments are protected. To keep it short, if you are looking for a potential and advanced broker, you can consider trading with ProfitiX.

COMMENTS

103 Comments

  1. Avatar Ute Wechsler 29.07.2021
  2. Avatar Daniel Eisenhauer 27.07.2021
  3. Avatar Heike Amsel 22.07.2021
  4. Avatar Phoebe Schurr 20.07.2021
  5. Avatar Nona Kolesnikova 15.07.2021
  6. Avatar Kristian Baum 13.07.2021
  7. Avatar Leonti Nekrasov 08.07.2021
  8. Avatar Adèle Lebrun 06.07.2021
  9. Avatar Jürgen Kalb 01.07.2021
  10. Avatar Vitaly Mironova 29.06.2021
  11. Avatar Zac Montez 24.06.2021
  12. Avatar Maria Himmel 22.06.2021
  13. Avatar Laurent Plourde 17.06.2021
  14. Avatar Mathias Beyer 15.06.2021
  15. Avatar Michael Bergmann 10.06.2021
  16. Avatar Rémy Perreault 08.06.2021
  17. Avatar Levi McEachern 04.06.2021
  18. Avatar Katie Walch 02.06.2021
  19. Avatar Daniel Ponomaryov 27.05.2021
  20. Avatar Daniel Zweig 25.05.2021
  21. Avatar Nahum Galkin 20.05.2021
  22. Avatar Nate Spooner 18.05.2021
  23. Avatar Karin Sankt 13.05.2021
  24. Avatar Yvonne Eiffel 11.05.2021
  25. Avatar Eric Bogdanova 06.05.2021
  26. Avatar Christabel Pariseau 04.05.2021
  27. Avatar Rory Dadswell 29.04.2021
  28. Avatar Will Wardle 27.04.2021
  29. Avatar Sebastian Kotov 22.04.2021
  30. Avatar Katja Schuster 20.04.2021
  31. Avatar Christin Lehrer 15.04.2021
  32. Avatar Nina Grigoryeva 13.04.2021
  33. Avatar Max Skillen 08.04.2021
  34. Avatar Spencer Friend 06.04.2021
  35. Avatar Vladimir Pokrovskii 01.04.2021
  36. Avatar Andrew Bermingham 30.03.2021
  37. Avatar Nina Galkina 25.03.2021
  38. Avatar Mike Schreiber 23.03.2021
  39. Avatar Dielle Bois 18.03.2021
  40. Avatar Diana Strauss 16.03.2021
  41. Avatar Charles Trethowan 11.03.2021
  42. Avatar Angelika Gottschalk 09.03.2021
  43. Avatar Finn Thornber 04.03.2021
  44. Avatar Leon Reinhardt 02.03.2021
  45. Avatar Holly Whitty 25.02.2021
  46. Avatar Eric Scholz 23.02.2021
  47. Avatar Simone Wolf 18.02.2021
  48. Avatar Eliot Gauvin 16.02.2021
  49. Avatar Logistilla L'Anglais 11.02.2021
  50. Avatar Leah Saenger 09.02.2021
  51. Avatar Stéphane Marois 04.02.2021
  52. Avatar Michael Reiniger 02.02.2021
  53. Avatar Simone Seiler 28.01.2021
  54. Avatar Oksana Andreyeva 26.01.2021
  55. Avatar Christina Kortig 21.01.2021
  56. Avatar Ismail Kudryashov 19.01.2021
  57. Avatar Ephraim Matveyev 14.01.2021
  58. Avatar Zachary Pownall 12.01.2021
  59. Avatar Melanie Meier 07.01.2021
  60. Avatar Indiana Woolley 05.01.2021
  61. Avatar Leo Vinogradov 30.12.2020
  62. Avatar Paul Fried 28.12.2020
  63. Avatar Michelle Gruenewald 23.12.2020
  64. Avatar Blanchefle Béland 21.12.2020
  65. Avatar Ruby Nickel 17.12.2020
  66. Avatar Victoria Vaccari 15.12.2020
  67. Avatar Jessika Fleischer 10.12.2020
  68. Avatar Tikhon Alekseyeva 08.12.2020
  69. Avatar Merle Bourassa 03.12.2020
  70. Avatar Leon Fuhrmann 01.12.2020
  71. Avatar Hope Ibragimova 26.11.2020
  72. Avatar Bernd Drescher 24.11.2020
  73. Avatar Charli McKinney 19.11.2020
  74. Avatar Luca Wirth 17.11.2020
  75. Avatar Brigitte Thalberg 13.11.2020
  76. Avatar Laura Mahler 10.11.2020
  77. Avatar Ebony Burgmann 05.11.2020
  78. Avatar Kristin Braun 03.11.2020
  79. Avatar Dirk Mueller 29.10.2020
  80. Avatar Klaudia Bürger 27.10.2020
  81. Avatar Alexis Ogilvie 22.10.2020
  82. Avatar Patrick Jomphe 20.10.2020
  83. Avatar Lucas Bergmann 15.10.2020
  84. Avatar Michael König 13.10.2020
  85. Avatar Fayette Gousse 08.10.2020
  86. Avatar Ava Cusack 06.10.2020
  87. Avatar Vadim Yevseyev 01.10.2020
  88. Avatar Jesse Makutz 29.09.2020
  89. Avatar Cody Shipp 24.09.2020
  90. Avatar Amber Heighway 22.09.2020
  91. Avatar Norris Lavoie 17.09.2020
  92. Avatar Clothilde Labrecque 15.09.2020
  93. Avatar Kiara Eatock 10.09.2020
  94. Avatar Theo McIntosh 08.09.2020
  95. Avatar Makayla Waite 03.09.2020
  96. Avatar Phillipa Berie 01.09.2020
  97. Avatar Bellamy Cloutier 27.08.2020
  98. Avatar Anouk Saucier 25.08.2020
  99. Avatar Helena Bonamicci 20.08.2020
  100. Avatar Dylan Brooks 20.08.2020
  101. Avatar Alana Mckenzie 20.08.2020
  102. Avatar Emilia Maslova 20.08.2020
  103. Avatar Ashton Pennefather 19.08.2020

Leave a Reply

User Review
  • Support
    Sending
  • Platform
    Sending
  • Spread
    Sending
  • Trading Instrument
    Sending

ProfitiX Review
  • Support
    (2)
  • Platform
    (1.5)
  • Spread
    (1.5)
  • Trading Instrument
    (1.5)
1.6
Comments Rating 4.95 (103 reviews)

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.