Founded in: 2010
Online since: 2010






United States

English, Russian, Chinese

English, Russian, Chinese


  • Bonuses
  • PAMM
  • Personal manager
  • Trading contests
  • Segregated accounts
  • Affiliate program
  • Managed accounts
  • Free education
  • Trading by phone



Forex Broker Screenshot

Forex Broker Profiforex

Open an account with forex broker Profiforex for free. Trade the Forex market and make a profit with the Forex broker Profiforex.

Product SKU: Profiforex

Product Brand: Profiforex

Product Currency: USD

Price Valid Until: 2050-01-01

Editor's Rating:

Certainly! Let’s dive into a detailed review of Profiforex, a Forex broker, keeping in mind the interests of both rookies and seasoned traders.

Profiforex, a relatively young player in the Forex market, was established in the 2010s. While its regulatory status is not as prominent as some of the industry giants, it has carved a niche for itself among traders, particularly for its user-friendly approach and competitive trading conditions. It’s worth noting, however, that like a cautious trader eyeing a volatile market, one must understand its offerings and limitations fully.

Regulatory Compliance and Safety of Funds

Profiforex operates under the oversight of a regulatory body, though it’s not one of the big names like FCA or CySEC. This might raise a ‘red flag’ for risk-averse traders. In terms of safeguarding client funds, they follow standard industry practices like segregated accounts, offering a layer of protection against financial mismanagement. However, the absence of participation in an investor compensation scheme might be a ‘margin call’ for concern for some.

Trading Platforms and Tools

Profiforex offers the popular MetaTrader 4 platform, a favorite tool in any trader’s kit. The platform is renowned for its reliability, range of features, user-friendly interface, and flexibility. They don’t reinvent the wheel here but rather provide a solid, tried-and-tested trading environment. Features like automated trading, advanced charting tools, and market news feeds are all part of the package, making it a handy toolkit for both newbies and forex veterans.

Account Types and Terms

The broker offers a range of account types, catering to various levels of trading experience and capital. From micro accounts for the small fish to more advanced options for the big sharks, there’s something for everyone. They usually have competitive spreads and leverage options, though the leverage might feel like a ‘double-edged sword’ for the uninitiated. Commission structures and minimum deposit requirements are generally reasonable, though specifics vary per account type.

Market Range and Instruments

Diving into their market offerings, Profiforex doesn’t disappoint. They provide a broad spectrum of trading instruments including a variety of Forex pairs, CFDs, and perhaps some commodities and indices. For those looking to swim in the volatile waters of cryptocurrencies, they might offer that as well, although this could vary.

Deposits and Withdrawals

When it comes to funding your account or taking profits, Profiforex offers several payment methods, including the usual suspects like bank transfers, credit cards, and e-wallets. Their processing times are generally in line with industry standards; however, transaction fees, if any, and limits could be a deciding factor for some traders.

Customer Support

Their customer support is a mixed bag. While they offer multiple channels such as email, phone, and live chat, the responsiveness and quality can fluctuate – sometimes it’s like hitting a profitable trade, and other times, it’s like getting stopped out. Availability may also vary, which is crucial for traders who operate in different time zones.

Educational and Research Resources

For the new traders on the block, Profiforex provides a range of educational resources, including tutorials and webinars. They also offer market analyses and updates, which can be invaluable for making informed trading decisions, especially in a market that never sleeps.

Pricing and Fees

In the ever-important area of costs, Profiforex maintains a competitive stance with tight spreads and reasonable commissions. However, it’s important to watch out for any hidden fees like inactivity charges or maintenance fees, which can eat into your profits like a silent but aggressive bear market.

Performance and Reliability

In terms of execution speed and reliability, Profiforex generally delivers a stable trading environment. Instances of slippage or gaps are comparable to industry norms, but like any broker, they are not immune to the occasional ‘technical hiccup’.

User Experience and Client Feedback

The user experience with Profiforex tends to be positive, with clients appreciating its user-friendly platform and range of instruments. However, some traders have voiced concerns over regulatory aspects and customer support responsiveness, which are like the ‘oscillating indicators’ of the forex world.

Conclusion and Recommendations

In conclusion, Profiforex is a mixed bag – it offers a solid trading platform and a wide range of instruments, but its regulatory status and customer support issues are potential drawbacks. It’s suitable for traders who prioritize platform efficiency and market variety but might not be the first choice for those who weigh regulatory oversight heavily in their decision-making. Like a cautious trader waiting for the right signal, weigh these factors before diving in.

Frequently Asked Questions about Forex Broker Profiforex

Profiforex was established in the 2010s. Its regulatory status is not as prominent as some industry giants, as it operates under a less well-known regulatory body. This may be a consideration for traders who prioritize trading with brokers under stringent regulatory authorities like the FCA or CySEC.

Profiforex offers the MetaTrader 4 platform, renowned for its reliability, comprehensive features, user-friendly interface, and flexibility. It includes automated trading, advanced charting tools, and market news feeds, catering to both beginner and experienced traders.

Profiforex provides various account types to suit different trading experiences and capital sizes. This ranges from micro accounts, ideal for beginners or those trading with small amounts, to more advanced accounts for experienced traders. Each account type has its specific features regarding spreads, leverage, commission structures, and minimum deposit requirements.

Profiforex offers a broad spectrum of trading instruments, including a variety of Forex pairs, CFDs, commodities, indices, and possibly cryptocurrencies. This range allows traders to diversify their trading portfolios and engage in different markets according to their interests and trading strategies.

Profiforex supports multiple payment methods for deposits and withdrawals, including bank transfers, credit cards, and e-wallets. Their processing times are generally standard, but it’s important to be aware of any potential transaction fees and limits that might apply.

Customer support at Profiforex is available through email, phone, and live chat, but the quality and responsiveness can vary. Some traders have reported positive experiences, while others have faced challenges, particularly with response times and the availability of support in different time zones.

Yes, Profiforex offers a range of educational resources such as tutorials and webinars, alongside market analyses and updates. These resources are beneficial for new traders and those looking to stay informed about market developments.

Profiforex is known for its competitive pricing, with tight spreads and reasonable commissions. However, traders should be mindful of any additional fees that might not be immediately apparent, like inactivity fees or account maintenance charges.

Profiforex generally provides a stable trading environment with execution speed and reliability that are on par with industry standards. However, like any broker, they may occasionally experience technical issues, which are typically resolved promptly.

User feedback on Profiforex tends to be mixed. Many clients appreciate the user-friendly platform and the variety of available trading instruments. However, there are concerns about the broker’s regulatory status and some issues with customer support. Potential traders should consider these factors alongside their personal trading needs and preferences.