|Broker Type:||Market Maker|
|Country:||St. Vincent & the Grenadines|
|Address:||Carenage Bay Canouan Island, VC0450 Kingstown, Saint Vincent & Grenadines|
|Broker Status:||Market Maker|
|Trading Platforms:||MetaTrader 5, MT5 for Android, MT5 for iOS, MT5 WebTrader|
|Trading platform(s) timezone:||UTC+2|
|Web based trading:||Yes|
|Other trading instruments:||Currency Trading, Commodities Trading, Shares Trading, Precious Metals, Cryptocurrencies, Stock Indices|
|Minimum deposit ($)||$250|
|Maximum leverage (1:?)||1:1 up to 400:1|
|Spread||Variable or floating for Mini, Advanced, and Executive; Fixed for Prime and VIP|
ProfitiX Review 2020
- Introduction to ProfitiX Review;
- Account types;
- Trading Conditions;
- Additional information;
- ProfitiX Review Conclusion.
Introduction: Guaranteed Security of Funds
The industry keeps growing day by day, and though old is gold — new is always better. ProfitiX is a broker that has been operating since early 2019. They have implemented innovative digital experience into their marketplace. Thus, it became some of the most modern brokers in the field. This ProfitiX review will teach you all you should know about the broker. Afterwards you can decide to register, deposit and trade with them.
ProfitiX has worked really hard to establish their name within several months after creation. They offer top-quality trading services and conditions, fast-execution, guaranteed fund security, and a large range of trading instruments. Their account types are applicable to all kinds of traders. Thus, it makes the broker very inclusive for all kinds of investors.
ProfitiX is highly active online, keeping up with the daily updates and developing their website as needed. ProfitiX has managed to create a solid reputation for themselves despite being a relatively young company.
Account Types at ProfitiX
ProfitiX offers five different account types to their traders. Having such a large variety of accounts makes the broker accessible to a bigger range of investors. Thus, it doesn’t matter if you are a novice or a highly experienced trader, you will most definitely be able to find the account that fits your needs. All accounts will be able to trade on the most popular trading platform, MT5. Moreover, they will be able to trade on mobile if preferred. See the quick overview of their account types below.
List of the accounts:
MINI Account — this trading account requires a minimum deposit of $250 with a leverage of 1:400, providing you with the minimum order size of 0.01
ADVANCED Account — with an initial deposit of $25,000 you will get a leverage of 1:400, and the ability to trade up to 10.00 order size
EXECUTIVE Account — a minimum deposit of $50,000 will give you access to a trading portfolio and detailed market analysis
PRIME Account — after depositing $100,000 you will gain access to hedging and a pro-trading portfolio
VIP Account — receive all of the specs mentioned above together with negative-balance protection, trade assets, and low market price difference
It becomes quite obvious that ProfitiX has many specs to offer to their traders. If you are a beginner you definitely do not require the specs provided to the pro account types. Thus, investing into a larger account would be of no use to you.
It is great to see that ProfitiX allows for such a small deposit for a beginner account. That way the novice traders will be able to develop their skills and confidence without having to initially invest too much. Soon enough though, you will definitely want to upgrade your account since you will realize the higher-level you are, the easier it is to trade.
But, if you are a professional trader, you can definitely appreciate the tools provided to the higher level accounts. Negative-balance protection comes in handy when working with large numbers. Moreover, hedging and low market price difference is also quite important to pro investors.
Conclusion on Account Types
Overall, ProfitiX seems to have a good range of account types, giving an option to all kinds of traders to work with them. We consider this to be an important asset in the industry, as you do not have to pay extra for tools you do not really need.
Trading Conditions Offered by ProfitiX
The reason ProfitiX might be one of the best in the field is their guarantee of fund security. They are affiliated with secured banks and trusted banking institutions. ProfitiX offers maximum account security via SSL server encryptions. Thus it guarantees that all trades, payment transactions, private and financial information are highly protected.
ProfitiX offers ultra-fast order execution. Their MT5 platform is optimized to offer four types of executions, offering users transparent pricing from 20 different banks and liquidity sources. You have an option to trade with many financial instruments with over 10,000 assets. They provide users with superior charting tools and level II pricing. The trading instruments offered at ProfitiX are:
- Currency (most of the currency pairs)
- Commodities (oil, gas, etc.)
- Precious metals (silver, gold, etc.)
ProfitiX allows traders to have a leverage selection from 1:1 to 400:1, depending on their account type. Additionally, if you choose to trade derivatives, you will gain exposure to the global market at low margin requirements. For a new company like ProfitiX, correspondingly it is impressive to see such trading conditions with a large range of trading instruments available to all account types.
To strengthen the users’ trust, ProfitiX made daily news, market analysis, and educational videos available to all traders. Upon registration, you will receive access to all of the above immediately.
Their educational center provides information for novice and professional traders. You can never learn too much about the market, as it keeps changing every day. The more you read, the stronger your skills become. It is also great to see a broker care for their customers’ development. ProfitiX provides educational videos regarding trading terminology, different strategies in Forex trading, and more.
Review Website of ProfitiX
Their market analysis is thorough and simple to understand. It is made available every morning, helping traders make the right decisions when investing. Keeping up with the market is as important as making the right decisions while trading.
One of the ways that ProfitiX stands out and proves to be one of the most modern brokers is their sleek website design. It is easy to navigate and understand. As soon as you go to their homepage, ProfitiX shows you the advantages of working with the broker. You have a chance to learn more about fund security, fast-execution, and more on the website. The website is offered in English and German.
If you have any issues or want to find out more about ProfitiX, you have access to their 24-hour live chat on the website. You also have a chance to give them a call on their toll-free number and discuss any subject of your liking with highly dedicated customer support. If you are still not satisfied with the options, you may email them at the email provided at the bottom of the website.
Withdrawal and depositing are very easy and straightforward with ProfitiX. There will be no additional charges upon withdrawal, and you have a chance to receive generous bonuses and offers upon deposit. Payment methods offered at ProfitiX are:
- Western Union
- Diners Club
- Skrill, and more
The offered payment methods are in fact globally trusted and accessible to every citizen. ProfitiX makes trading easy and accessible to every non-restricted country in the world. They accept currencies such as United States Dollar, Great British Pound, and the Euro.
ProfitiX is also quite active on social media. They have a Facebook page, Instagram, Twitter, Tumblr, Pinterest, and even Reddit. Their high activity on social platforms creates a lot of trust in the broker as they offer daily news and updates to their users.
Additionally, ProfitiX has a tendency to participate in trading forums on various platforms. Whenever there is a user who has complaints about the broker, the active social media managers swoop in to solve any issues and help the user.
Surely ProfitiX is taking advantage of the vast internet to keep all of their customers satisfied. No wonder they have managed to create such a strong reputation in such little time. Again, this might prove that ProfitiX is currently one of the most modern brokers in the industry.
ProfitiX Review Conclusion — New, Modern And Highly Secure
If you are one of the traders who genuinely care for the security of their funds, then this is definitely the broker for you. As discussed in detail above, the security of their servers is outstanding and quite unmatched. They also offer various account types to all kinds of traders, with quite a small minimum deposit for some.
They have a very dedicated staff who are willing to help at any point of the day. The trading conditions offered at ProfitiX are impressive, with a deep market analysis, strategy descriptions, and also daily news. The main objective of ProfitiX is to help traders invest in a simple transaction with a smooth working schedule.
In fact high risk is not about the ProfitiX. We were pleasantly surprised to see a new broker become so trustworthy in so little time. It only makes us wonder how far ProfitiX will go, and how soon they reach the top among all of the brokers in the industry. We are confident enough to say that this broker is worth working with. We wish you the best of luck in trading with ProfitiX — “The Ultimate Gateway to Trading Success!”
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