In this section we will analyze the ProuFX broker (also called proufx.com/?lang=es), is a Forex and CFD broker. Is ProuFX really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on ProuFX. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: does not mention it.
As to its location, the broker mentions having base in: they do not mention it.
If we analyze the regulation of the broker: they do not mention anything about being a regulated company, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by ProuFX, we noticed that they offer 4 different types of account / plans: Classic Account, Silver Account, Gold Account and Premium Account. We leave an image with a little information about each type of account.
Classic account- All Trading Platforms, Personal Account Manager, Leverage up to 1: 100, Expert Advisors, Live News Updates, Access to Educational Tools.
Silver Account- All Trading Platforms, Personal Account Manager, Leverage up to 1: 100, Expert Advisors, Live News Updates, Access to Educational Tools.
Gold Account- All Trading Platforms, Personal Account Manager, Leverage up to 1: 100, Expert Advisors, Live News Updates, Access to Educational Tools, Personal Bonus Program, Technical Analysis Guide.
Premium account- All Trading Platforms, Personal Account Manager, Leverage up to 1: 100, Expert Advisors, Live News Updates, Access to Educational Tools, Personal Bonus Program, Technical Analysis Guide, One-to-One Trading.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that ProuFX offers are: we believe that ProuFX's own platform.
We will now analyze the different resources and aids for the trader that ProuFX provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
ProuFX provides the following help or resources to traders or interested parties: explanation of some basic concepts of the world of trading, explanation of the use of the platform, explanation of the products that ProuFX offers, forex glossary, frequently asked questions section, some charts real time, forex calendar, forex news, not much more than this.
| Other information about ProuFX |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: + 442038076527
>>> Assessment on ProuFX <<
Ending with this section, in our opinion Do we believe that the ProuFX company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it does not mention which company it belongs to, it does not mention where it is based, when looking for other reviews about ProuFX we could not find more NONE, WHICH would indicate to US that it is a "new" company. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
Update December 2019: CNMV (Spanish financial regulator) has warned about ProuFX.
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.