Score
PSFX
Saint Vincent and the Grenadines|2-5 years| https://psfxpro.com/index.php
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+971 54 363 5355
Other ways of contact
Broker Information
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PSFX INTERNATIONAL LLC
PSFX
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | $30,000 |
| Minimum Spread | As low as 0.2 |
| Products | +128 Instruments. Forex and Metals |
| Currency | -- |
|---|---|
| Minimum Position | 1 Standard lot |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | $60 per $1 Million on FX |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $100 |
| Minimum Spread | From 1.4 |
| Products | +300 Instruments. Forex, Metals, Indeces, Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 for Forex and Metals |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $15,000 |
| Minimum Spread | From 0.9 |
| Products | +300 Instruments. Forex, Metals, Indeces, Energy |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 for Forex and Metals |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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PSFX · Company Summary
General Information
Registered in Saint Vincent and the Grenadines, PSFX is an online forex broker offering a series of trading instruments, including c Currency Pairs, Stocks, Metals, Commodities, Indices. With PSFX, investors have the flexibility to choose from three trading accounts, and the maximum leverage that can be used is up to 1:400.
Market Instruments
PSFX offers its clients access to more than 300 trading instruments, including Currency Pairs, Stocks, Metals, Commodities, Indices, all available through this brokerage platform.
Account Types
PSFX provides a total of three types of trading accounts to suit its clients different trading needs, including Executive, VIP and Pro.
The Executive account requires an initial deposit of $100, which is acceptable. While the VIP and the Pro account ask for high deposit, from $15,000 and $30,000, respectively.
Aside from live trading accounts, demo accounts are also available with the PSFX platform for newcomers to get a feel of this platform and practice their trading skills.
A swap-free account with a 10-day period of validity is available.
Leverage
When it comes to leverage, PSFX permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators.
As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
PSFX also offers a tired margin system, which is displayed as below:
Spreads
Commission and spreads on the PSFX platform are tied to the type of trading account you have, as is the case with most other forex brokers. The Executive and VIP accounts provides a commission-free trading environment, with spreads from 1.4 pips and 0.9 pips, respectively. The Pro account charges both spreads and commissions, spreads from 0.2 pips, commission at $60 per 1 million on FX.
Trading Platform
PSFX provides its clients access to the leading MT5 trading platform and some features and functionalities of the MT5 trading platform include the following:
User friendly and high-customized
Multiple technical indicators, and robust charting tools
Free EA hosting capabilities
Web and mobile trading support
Customer Support
Traders can reach out to PSFX about any questions or concerns they may have about their accounts or their trading through the following methods:
Email: info@psfxpro.com
Registered Company Address: PSFX INTERNATIONAL LLC
Suit 305, Griffith Corporate Center, Beachmount, Kingstown
Or you can follow this brokerage house on some social media platforms, such as Facebook, Instagram, Twitter, Youtube, Linkedin.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
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