Score
PSFX
Saint Vincent and the Grenadines|2-5 years| https://psfxpro.com/index.php
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
Saint Vincent and the GrenadinesAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
psfxpro.com
Server Location
United States
Website Domain Name
psfxpro.com
Server IP
162.241.226.82
Company Summary
| PSFX Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Uregulated |
| Market Instruments | Forex, indices, US stocks, EU shares, commodites, cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | From 0.2 pips |
| Trading Platform | PSFX App, MT5 |
| Min Deposit | $100 |
| Customer Support | Tel: 04568 95006 |
| Email: info@psfxpro.com | |
| Address: Tower Plaza Hotel & Office Tower, Khalid Abdurahim Ahmad Al Attar Office, 2003 335 - Trade Center First, Sheikh Zayed Road, Dubai | |
PSFX was registered in Saint Vincent and the Grenadines in 2021 and is not regulated. It offers trading in forex, indices, US stocks, EU shares, commodites, and cryptocurrencies with leverage up to 1:400 and spread from 0.2 pips via PSFX App and MT5 platforms.
Pros and Cons
| Pros | Cons |
| Diverse market instruments | Unregulated status |
| Multiple account types | |
| Commission-free accounts offered | |
| Low spreads | |
| Support MT5 | |
| Popular payment options |
Is PSFX Legit?
No, PSFX is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on PSFX?
PSFX offers various trading instruments, including 103+ forex, 3+ indices, 55+ US stocks, 14+ commodities, 124+ cryptocurrencies, and 32+ EU shares.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| US stocks | ✔ |
| EU shares | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type/Leverage/Fees
| Account Type | Executive | VIP | Pro |
|---|---|---|---|
| Min Deposit | $100 | $15,000 | $30,000 |
| Max Leverage | 1:400 | 1:400 | 1:100 |
| Spread | From 1.4 pips | From 0.9 pips | From 0.2 pips |
| Commission | ❌ | ❌ | 60 per million on FX |
| Swap | Swap free for 10 days | ||
| Min Trade Size | 0.01 for Forex and Metals | 0.01 for Forex and Metals | 1 Standard lot |
| Stop-out Level | 20% | 20% | 100% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| PSFX App | ✔ | / | / |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
PSFX accepts payments via MasterCard, NETELLER, Razorpay, Skrill, WIRE TRANSFER, Bitcoin, Ethereum, Tether and TRON.
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
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Cornelia Van Drusen
Netherlands
PSFX, a reliable broker in Saint Vincent, offers 300+ instruments. Executive account at $100 is a steal. Demos for practice. Be cautious with 1:400 leverage. MT5 platform and support are top-notch. Thumbs up!
Neutral
2023-12-06
FX1527844142
Australia
PSFX rocks with 300+ instruments, including Currency Pairs, Stocks, Metals. VIP account at $15,000 is swanky. Demos for newbies, but watch out for 1:400 leverage. Overall, diverse choices and solid support!
Neutral
2023-12-05
klean
United Kingdom
After spending a lot of time on the site, they appear to be a new brokerage that has just launched, and the trading conditions look good. But they are not regulated and do not offer demo accounts. I don't feel safe dealing with them. Be careful.
Neutral
2022-12-05
Drupad
India
I had a really great experience with PSFX, an excellent broker! Recommend them to everyone!
Positive
2024-04-23
FX2675850122
India
I have been associating with PSFX about an year now completely satisfied with their service
Positive
2024-04-11