Note: GPM is to operate via the website - https://www.gpmfx.com/#, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
The Cyprus CYSEC regulation (license number: 329/17) claimed by ProbusFX is suspected to be a clone. Please be aware of the risk!
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
ProbusFX, a trading name of Aspide Financial Limited, is allegedly a forex broker founded in 2016 and registered in Cyprus that claims to provide its clients with the well-known MetaTrader5 trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that ProbusFX holds a suspicious clone Cyprus Securities and Exchange Commission (CYSEC) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.46/10. Please be aware of the risk.
Market Instruments
ProbusFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Trading Platform Available
The platform available for trading at ProbusFX is one of the most notable and preferred trading platforms the market offers - MetaTrader5. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
ProbusFX appears to support deposits and withdrawals via bank wire transfers. The minimum initial deposit requirement is said to be $200.
Customer Support
ProbusFX‘s customer support can be reached by telephone: 35725260333, email: support@probusfx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.
Pros & Cons