Broker Information
PROXTREND LTD
PROXTREND
No Regulation
Platform registered country and region
Comoros
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PB 1257 Bonovo Road, Fomboni, Comoros, KM
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info@proxtrendltd.com
Company Summary
https://www.proxtrendltd.com/
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
PROXTRENDReview Summary | |
Founded | 2024 |
Registered Country/Region | Comoros |
Regulation | Unregulated |
Market Instruments | Forex and CFDs |
Demo Account | / |
Leverage | Up to 1:100 |
Spread | / |
Trading Platform | / |
Min Deposit | / |
Customer Support | Contact form |
Email: info@proxtrendltd.com | |
Address: PB 1257 Bonovo Road, Fomboni, Comoros KM | |
Regional Restrictions | European Economic Area, the USA, British Columbia, Canada, etc. |
Based in Comoros, PROXTREND is a forex broker that was established in 2024. PROXTREND provides trading in forex and CFDs with leverage up to 1:100. However, PROXTREND operates without regulatory oversight from any reputable financial body.
Pros | Cons |
Multiple account types | Not regulated |
No commission fees | Inactivity fee charged |
No deposit fees | No MT4/5 supported |
Popular payment options | High minimum deposit |
Withdrawal fee charged | |
Limited contact channels | |
Regional restrictions |
No, PROXTREND is not regulated by any reputable financial body. Please be aware of the risk!
Tradable Instruments | Supported |
Forex | ✔ |
CFDs | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
PROXTREND provides various investment services including Customer Relationship Management (CRM), Automated Marketing Solutions, Content & Social Media Services, Maximizing Channel Effectiveness & Performance, Email Compaign Coordination & Data Administration and CPQ (Configure, Price, Quote) and Contract Management.
PROXTREND offers four accounts to choose from, including Basic, Gold, Platinum and VIP accounts.
PROXTREND offers a leverage of up to1:100 for all account types, which is quite high.
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
There are no commission fees charged to the client.
However, if there is no client-initiated activity for 12 months, then the account is classified as dormant.
Inactivity Period | Monthly Inactivity Fee |
0-1 month | ❌ |
1-2 months | 150 EUR or equivalent |
2-6 months | 200 EUR or equivalent |
6-12 months | 625 EUR or equivalent |
12+ months | 1,000 EUR or the equivalent amount per month. Re-activate account must contact the Company directly and pay a fee of the amount of 2,000 EUR. |
PROXTREND accepts payments via Debit/Credit Cards, Wire Transfer, and e-Wallets.
There are no deposit fees charged.
However, ROXTREND claims that the Company reserves the right to charge a withdrawal fee at an amount equal to 80 EUR (or the equivalent amount according to the denominated currency of the Clients Trading Account).
Payment Option | Deposit Fee | Withdrawal Fee |
Debit/Credit Cards | ❌ | 3.5% |
Wire Transfer | ❌ | 30 CHF/USD/EUR/GBP |
e-Wallets | ❌ | 1.5% - 4.5% |
PROXTREND LTD
PROXTREND
No Regulation
Platform registered country and region
Comoros
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PB 1257 Bonovo Road, Fomboni, Comoros, KM
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info@proxtrendltd.com
Company Summary
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