ProfitoFx For Beginners

ProfitoFx Micro (Cent) accounts – the type of account with minimal initial deposit, margin to open a trade and transaction size. With just a few US dollars, newbie traders can try Forex trading without the risk to lose a lot. Micro accounts are also great for experienced traders who’d like to try new strategies.
ProfitoFx is now one of the largest Forex brokers in the world enjoying unprecedented client base growth due to innovative, unique services, reliable trading conditions and strong customer support principles.
ProfitoFx offers different types of accounts for traders with different trading styles, objectives, starting capital, experience and skills.
 
Account
ProfitoFx For Beginners
Trading Platform MetaTrader 4
Account Currency USD
Financial Instruments 10 currency pairs, gold. See the full list of instruments.
Indices Instruments 3 Indices. See the full list of instruments.
Pricing Format 4th decimal pricing (0.1234)
Spreads ** Fixed. From 2 to 4 pips on the major currency pairs. See the list of spreads and Interest for all pairs.
Commissions Yes commissions to open a trade. $50 / lot
Open Positions Rollover To check the history of SWAP charges
Minimum Deposit USD 10
Maximum Balance USD 3,000
Minimum Transaction Size 0,01 lot
Open Trades Max. 20 lot open at the same time.
Leverage From 1:1 to 1:500 for Micro accounts under USD 3,000. When the account reaches a balance of US$3000 or more, the leverage will be reduced 100x (for example from 1:500 to 1:5). After you withdraw from your account (or close some losing positions) and the balance is less than US$3000, you can adjust the leverage back to the level of your choice via YM support
Margin Call At Margin Level of 100%
Stop Out Losing trades are closed automatically at Margin Level of less than 10%
Expert Advisors Yes
Scalping With limitations. ( 1) Stop Loss, Take Profit and Pending Orders 5 pips or more away from the current price; 2) Most of the trades must be open for more than 30 second;)
Hedging Yes
Phone Dealing No
Demo Accounts Yes
 
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Deposit
How to Deposit Money for Currency Trading and the Funding of your Forex Trading account.
Wihtdrawal
Withdrawing Funds from Your Online Forex Trading Real Money Account.
Internal Transfer
Allows you to conduct transactions with your customers.

 

 

 

 

 

 

 

 

 
 
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    Trading in the Foreign Exchange market might carry potential rewards, but also potential risks.
    You must be aware of the risks and be willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
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