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  1. #1
    Maskiy is offline Junior Member
    Join Date
    Jun 2017
    Posts
    10

    Default Profiforex - Lowest Spread broker with 500% bonus

    So I am new to Forex trading. I've finished the babypips course and I am ready to open a live account to practice. I am looking for a good one. I am looking into Profiforex. The broker have low spreads and promises 500% bonus and leverage 1:500. But I want to hear from fellow traders if I can trade with this broker without problems.

    I quite still like the look fxpro. Which is better?


    I am a beginner
    Looking to trade small - ($500 deposit)
    Looking to day trade
    live in the UK

  2. #2
    Milito is offline Member
    Join Date
    Jun 2013
    Posts
    40

    Default

    I have been trading with Profiforex for 2 years. You can check my previous posts about this broker. I am a hard core news trader and this is the best platform to do so, since it does not freeze during the time when there is a great news impart. No suspicious activities with this broker since 2 years back when I started with them.

    Personally, I am sure its a good broker to begin with.
    I would rather not waste any time with a demo

  3. #3
    okey29 is offline Member
    Join Date
    Jan 2014
    Posts
    64

    Default

    Quote Originally Posted by Maskiy View Post
    So I am new to Forex trading. I've finished the babypips course and I am ready to open a live account to practice. I am looking for a good one. I am looking into Profiforex. The broker have low spreads and promises 500% bonus and leverage 1:500. But I want to hear from fellow traders if I can trade with this broker without problems.

    I quite still like the look fxpro. Which is better?


    I am a beginner
    Looking to trade small - ($500 deposit)
    Looking to day trade
    live in the UK
    Profiforex is by far better. Don't waste your time with fxpro even if they promise you regulation. You can read reviews about fxpro. I have been using profiforex for a long time and I have discovered that only those who uses Scalping EA are having issues with them since it is against their terms. Scalping is only allowed on 5 digit quotes.

    Profiforex broker is straight forward. The speed of the platform is very encouraging for news trades. I hope by now you already like them. I am eager to know what choice you have made.

  4. #4
    Join Date
    Jan 2017
    Posts
    42

    Default

    Thank you for Choosing Profiforex!!!

    All Forex Traders are encouraged to take advantage of the Profiforex New Lower interbank spreads. Profiforex is working hard to provide a cheap and reliable trading platform for traders across the globe including traders from the U.S. Trading Forex should be easy for everyone!!


  5. #5
    harbor is offline Junior Member
    Join Date
    Aug 2017
    Posts
    5

    Default

    The spreads are indeed very low. This is one good feature I need in a broker. Another concern is the trading fee for each order. What does profiforex charge for trading on the mt4 and can I trade in Micro lots?

  6. #6
    Milito is offline Member
    Join Date
    Jun 2013
    Posts
    40

    Default

    There is a micro account for sure. I am charged 0.3 pips for a whole deal. That is both Open and Close, its 0.3pips. The post on this forum will be useful to you: singtip.com/profiforex , Compare the account types.
    I would rather not waste any time with a demo

  7. #7
    harbor is offline Junior Member
    Join Date
    Aug 2017
    Posts
    5

    Default

    Quote Originally Posted by Milito View Post
    There is a micro account for sure. I am charged 0.3 pips for a whole deal. That is both Open and Close, its 0.3pips. The post on this forum will be useful to you: singtip.com/profiforex , Compare the account types.
    Thank you for the useful post. Sorry for a late reply. I already started trading with a micro account and all is good at the moment. The platform is actually faster than I expected. However, the ECN low spreads are only for a few currency pairs. I wish the broker can extend such low spreads to other crosses.

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