Score
Profit4x
Seychelles|2-5 years| https://www.profit4x.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Seychelles
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
profit4x.com
Server Location
United States
Website Domain Name
profit4x.com
Server IP
184.168.131.241
Company Summary
| Profit4xReview Summary | |
| Founded | 2020-03-20 |
| Registered Country/Region | Seychelles |
| Regulation | Unregulated |
| Market Instruments | Forex/CFDs/Commodities/Indices/Crypto |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.1 pips |
| Trading Platform | MT4(iOS/Windows/Android) |
| Min Deposit | $20 |
| Customer Support | Email: support@profit4x.com |
| Facebook/Twitter/YouTube/Instagram/LinkedIn/Pintrest | |
Profit4x Information
Profit4x is a broker. The tradable instruments include forex, CFDs, commodities, indices, and crypto. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum spread is from 0.1 pips and the minimum deposit is $20. Profit4x is still risky due to its unregulated status and high leverage.
Pros and Cons
| Pros | Cons |
| MT4 available | Unregulated |
| Various tradable instruments | Inaccessible official website |
| Spread from 0.1 pips | High max leverage |
| Demo account available | Unspecific account and fee information |
Is Profit4x Legit?
Profit4x is not regulated, making it less safe than regulated brokers.
What Can I Trade on Profit4x?
Profit4x offers 137 market instruments, including forex, CFDs, commodities, indices, crypto, and more.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Crypto | ✔ |
Account Type
Profit4x has four real account types: demo, standard, classic, premium, and club. Traders who want low leverage can choose a club account, while those with a small budget can open a standard account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Standard | Classic | Premium | Club |
| Minimum Deposit | $20 | $500 | $2500 | $10000 |
| Spread | From 0.1 pips | From 0.1 pips | From 0.1 pips | From 0.1 pips |
| Commissions | From 0.08$/Micro Lot | From 0.07$/Micro Lot | From 0.06$/Micro Lot | From 0.05$/Micro Lot |
| Max Leverage | 1:1000 | 1:500 | 1:500 | 1:100 |
Profit4x Fees
The spread is from 0.1 pips, and the commission is from 0.05$. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
Profit4x cooperates with the authoritative MT4 trading platform available in iOS, Windows, and Android to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS/Windows/Android | Junior traders |
Deposit and Withdrawal
The minimum deposit is $20. Profit4x accepts wire transfers for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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