Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Profiforex Pros & Cons
- Negative balance protection for retail traders.
- ECN/STP order execution.
- Dynamic leverage up to 1:500.
- More than 40 currency pairs and 120 stock CFDs.
- Micro accounts with deposits from $0.01.
- Demo account and mobile trading are available.
- Multiple deposit and withdrawal methods.
- No license from major financial regulators.
- Minimum trade duration of 60 seconds.
Profiforex is a Forex and CFD broker founded in 2010. The brand is owned by TIM GROUP INC., a company headquartered in Belize. According to the broker, its activities are overseen by the private financial organization Global Unite Responsibility System (GURS). Profiforex operates under an ECN/STP execution model, where client orders are transmitted directly to liquidity providers without the involvement of a dealing desk. The broker provides access to CFDs on currency pairs, indices, stocks, cryptocurrencies, and commodities. Traders can use the MetaTrader 4 and Mobius Trader 7 platforms, and leverage is up to 1:500.
TU Expert Verdict
Profiforex carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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Profiforex User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of Profiforex have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- Withdrawal fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Profiforex with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Profiforex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Profiforex Standard spreads Profiforex OANDA FOREX.com EUR/USD min, pips 0.2 0.1 0.7 EUR/USD max, pips 0.5 0.5 1.2 GPB/USD min, pips 0.33 0.1 0.9 GPB/USD max, pips 0.8 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Profiforex RAW/ECN spreads Profiforex OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.1 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Profiforex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Profiforex Non-Trading Fees Profiforex OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is Profiforex Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10Profiforex has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 16 years
- Not tier-1 regulated
Profiforex Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level Abbreviation GURS Full Name Global Unite Responsibility System Country of regulation United Kingdom Investor Protection Fund $50,000-$1,000,000 Regulation Level Tier-3 Profiforex Security Factors Foundation date 2010 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.0 /10Profiforex offers the following account options: Demo, Standard, ECN/Raw spread, Micro, Managed.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Demo account
- Low minimum deposit
- No VIP account option
- No Cent account
Profiforex account types vs top competitors Profiforex Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro YesNoNoSwap Free NoNoNoVIP NoNoNoManaged YesNoNoProfiforex accounts trading conditions
The broker offers several account types. The selected account determines trading conditions, available trade volumes, and risk levels, allowing both beginner and experienced traders to choose the most suitable option. Individual, joint, and corporate accounts are available.
Account types:
Account Type Description Real Standard A live trading account with balances in dollars and standard lots. Suitable for traders planning to work with larger trade volumes. Real Micro A live account where the balance is displayed in cents and trading is conducted in micro lots. Suitable for beginners and for trading smaller amounts with lower risk. Demo A practice account for training without financial risk. Trading uses virtual funds, while trading conditions and functionality correspond to those of a live account. Used for learning and testing trading strategies. -
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology3.8 /10Profiforex received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
Profiforex offers limited payment options and accessibility, which may impact its competitiveness.
- No deposit fee
- Low minimum withdrawal requirement
- Bank card deposits and withdrawals
- Bitcoin (BTC) accepted
- Wise not supported
- No bank wire option
- Limited deposit and withdrawal flexibility, leading to higher costs
What are Profiforex deposit and withdrawal options?
Profiforex offers a limited selection of deposit and withdrawal methods, including Bank Card, Skrill, Neteller, BTC. This limitation may restrict flexibility for users, making Profiforex less competitive for those seeking diverse payment options.
Profiforex Deposit and Withdrawal Methods vs Competitors Profiforex Trading.com Plus500 Bank Wire NoYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC YesNoNoWhat are Profiforex base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Profiforex supports the following base account currencies: USD.
What are Profiforex's minimum deposit and withdrawal amounts?
The minimum deposit on Profiforex is $0.01, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Profiforex’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria4.8 /10Profiforex offers a limited selection of trading assets compared to the market average. The platform supports 155 assets in total, including 49 Forex pairs.
- 49 supported currency pairs
- Commodity futures are available
- Crypto trading
- Bonds not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by Profiforex with its competitors, making it easier for you to find the perfect fit.
Profiforex Trading.com Plus500 Currency pairs 49 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 155 69 2800 Stocks NoNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products Profiforex offers for beginner traders and investors who prefer not to engage in active trading.
Profiforex Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading YesNoNoPAMM investing NoNoNoManaged accounts YesNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at Profiforex by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with Profiforex in 10 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at Profiforex is $0.01. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Fully online account opening process
- Account setup process may feel less convenient for beginners
Profiforex account opening Profiforex Trading.com Plus500 Online Registration YesYesYesMinimum deposit $0.01 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 10 20 KYC time (days) 1 2 3 Is Profiforex available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
A trading account can be opened on the official Profiforex website by following these steps:
Select the interface language and open the “For Traders” section in the main menu.
Click “Open a Real Account.”
Choose the account type (Standard or Micro).
Complete the Individual account opening form by entering the first name, last name, email address, and referral code if available.
Create and confirm the password that will be used to log in to the account, then confirm the account opening request.
Features of Profiforex user account allow traders to:
- Deposit funds to the account balance and withdraw trading profits.
- Transfer funds between accounts.
- View balance history.
- Access the archive of trades.
- Complete verification.
- Create a demo account.
- View investment information.
- Access referral program statistics.
- Send a support ticket.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria5.8 /10Profiforex received a score of 5.8/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- MetaTrader is available
- Trading bots (EAs) allowed
- One-click trading
- Proprietary platform with unique features
- No access to API
- No TradingView integration
- No access to cTrader and its advanced tools.
Supported trading platforms
Profiforex supports the following trading platforms: MT4, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared Profiforex’s platform availability with that of top competitors to assess its relative market position.
Profiforex Trading.com Plus500 MT4 YesNoNoMT5 NoYesNocTrader NoNoNoTradingView NoYesYesProprietary platform YesYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey Profiforex’s trading platform features
We also evaluated whether Profiforex offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA NoAlerts NoTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 30 Tradable assets 155 Additional trading tools
Profiforex offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
Profiforex trading tools vs competitors Profiforex Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI NoNoNoFree VPS NoNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. NoNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. NoNoNo -
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria7 /10Profiforex supports mobile trading, offering dedicated apps for both iOS and Android. Profiforex received a score of 7/10 in this section, indicating a generally acceptable mobile trading experience.
- Indicators supported
- Strong Android user ratings, currently at 4.5/5
- Solid iOS user feedback, with a rating of 4.7/5
- Mobile 2FA not supported
We compared Profiforex with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
Profiforex Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 10,000,000 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.7 4.8 4.7 Google Play score 4.5 4.7 4.4 Mob. 2FA NoYesYesMob. Indicators YesYesYesMob. Alerts YesYesYes -
Customer Support
Score:We evaluated Customer Support at Profiforex by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria1.6 /10Profiforex demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.
During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.
InformationProfiforex provides support through several communication channels, including online chat with a company representative. Support operators are available 24 hours a day. However, responses are not immediate, and the quality of assistance is relatively low.
- Chat is available on the broker’s website
- Separate communication channel with the financial department
- The company cannot be contacted by phone
- Low response speed by email
Available communication channels:
- Chat on the broker’s website.
- Email.
- Company profile on X.
- Contact form in the website contacts section.
Contacts Foundation date 2010 Registration address Corner Hutson & Eyre Street, Suite 302, Blake Building Belize City, Belize Regulation GURS Official site https://profiforex.com/ Contacts support@profiforex.com
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FAQs
Is Profiforex a safe and regulated forex broker?
Profiforex has a safety score of 4.7/10, which corresponds to a low security level in this review. It is regulated by the Global Unite Responsibility System (GURS) in the United Kingdom, offers negative balance protection and KYC verification, and has an investor protection fund in the range of $50,000–$1,000,000, but it is classified as a Tier-3 regulator rather than Tier-1. The review notes that this lower regulation tier may indicate higher risk compared with brokers that have Tier-1 licenses and long operating histories.
How high are the trading commissions and fees at Profiforex?
Profiforex’s overall fees are rated as medium, with a commissions and fees score of 7/10 in this review. The broker offers low forex trading fees, tight EUR/USD spreads on Standard accounts (typically 0.2–0.5 pips) and ECN accounts (around 0.1 pips with a $3 per lot commission), and charges no deposit or inactivity fees, although a withdrawal fee applies.
What types of trading accounts does Profiforex offer?
Profiforex provides several account types, including Demo, Real Standard, Real Micro, ECN/Raw spread, and Managed accounts, as well as individual, joint, and corporate profiles. The review notes that the Real Standard account is intended for larger trade volumes, the Real Micro account uses micro lots and is oriented toward smaller amounts and lower risk, and the Demo account mirrors live conditions with virtual funds; however, there is no Cent or VIP account option.
What markets and instruments can traders access with Profiforex?
According to the review, Profiforex offers 155 total tradable assets, including 49 currency pairs, along with commodity futures, stock indices, and cryptocurrencies, but does not provide stocks, options, bonds, or ETFs. For more passive approaches, the broker supports copy trading and managed accounts, while PAMM investing is not available.
What do reviews and feedback say about Profiforex customer support?
The customer support at Profiforex is rated with a low safety score of 1.6/10, and the review describes support reliability as weak. It notes that while support is available 24/7 via website chat, email, X profile, and a contact form, responses can be slow, phone contact is not available, and assistance quality was often insufficient during testing.
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