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Score

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/10

propflys

United Kingdom|Within 1 year|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://propflys.com/en/

Website

Rating Index

1.11

Contact

info@propflys.com
https://propflys.com/en/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2025-01-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
United Kingdom
Operating period
Within 1 year
Company Name
propflys
Abbreviation
propflys
Company employee
--
Customer Service Email Address
info@propflys.com
Company website
Keywords 4
Within 1 year
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Website
Company Summary
Review

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Website

  • propflys.com

    Server Location

    United States

    Website Domain Name

    propflys.com

    Server IP

    216.83.52.46

Company Summary

Propflys Information

Propflys is a boutique trading broker from the UK that offers clients trading services in 70 currency pairs, 100 indices, and other financial derivatives all on the widely-used MT5 platform. With pricing that appeals to a number of market players and the absence of trading commissions, it is mostly focused on advanced users who prefer traditional trading with flexibility in terms of fees. However, it has some limitations as fewer account options and low customer support are provided for beginners.

Pros and Cons

ProsCons
Low and reasonable trading costs absent of commissionsMore than one allowance of accounts is only available
Possibility to trade in 70 currency pairs and trade 100 IndicesNo educational materials for starter
Aliased MT5 platform that enables automated strategies as supported

Is Propflys Legit?

This broker Propflys is Out of Scope of Business defined by the license number 13920176 e.g. from HO London Surrey Road SE236PQ Nice Office 518 SCB. The company has the registration of ordinary business but it does as well not have the business that is focused on Forex.

Exceeded FCA license

What Can I Trade on Propflys?

Propflys offers numerous trading possibilities to its clients. They have 70 pairs of different currencies all of which include major and minor currencies. Furthermore, there are 100 indices making it possible for traders to trade in many countries across the globe. Apart from these, there is also provision for other financial instruments which are derivatives of the initial investment further improving the trading experiences.

ProductAvailability
Currency Pairs
Indices
Precious Metals
International Crude Oil
Stocks
Cryptocurrencies

Account Type

Propflys only has 1 type of account, which is a real, live account. The procedure of opening the account is very much easy, just enter your name, email, something like a verification number, proponents phone number, then select the region to set the password.

fill in required info

Propflys Fees

Taking industry standards into account, Propflys‘ trading fees are among the lowest and the most ’reasonable‘. Here’s an interesting more step by step layout:

Spreads:

Propflys has very low spreads. This is so especially for the major products. For instance, XAUUSD (gold) spread is 4.5 points and XAGUSD (silver) spread is 2.8 points. While trading in the forex market, traders will be able to find even lower spreads as low as 1.5 points for major currency pairs, which makes it very suitable for those who wish to trade without incurring losses costwise.

Commissions:

Perhaps the most distinguishing feature about Propflys is that they do not apply any other commissions on the trades unlike most of the other brokers. This is a factor that will help a lot in minimising trade expenses, which in most cases incur high costs for high turnover traders who would be likely to have incurred high costs in a commission based trading environment.

Swap Fees at Propflys are honoured in accordance with the industrys norms. Such charges are taken only on overnight positions with respect to the product and the position long/short. While swap fees are nothing unusual in trading in leveraged products, Propflys makes sure they remain reasonable which brings down the charges for those traders who hold the positions for a long period of time.

All things considered, the company tries to make their fees as low as possible and is target oriented. This is beneficial for these accommodating customers who are new to trading as well as those who have been trading for years and are in search of low cost trading options.

Trading FeesDetails
SpreadsCompetitive, starting from 2.8 points for silver
Commissions0
Swap FeesStandard rates apply

Trading Platform

Propflys provides MetaTrader 5 (MT5) for its clients, which is accessible as a desktop or mobile application. Mobile applications are also made available after the web-based version goes live. MT5, which is also one of the most reputable and frequently adopted trading platforms for its all-in-one characteristics, is similarly robust. The Propflys MT5 Console platform allows its users to have a great trading experience coupled with useful and realistic trading functions. The platform is modular giving the opportunity for traders to approach it differently with features such as instant one click trading and in depth market technical analysis. Also, Propflys trades automatically according to the Expert Advisor robot programs. The configuration of this program is streamed so the systems are installed today even for such efficient trading; it has made the experience more enjoyable.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5 Computer VersionPCInvestors of all experience levels
MT5 Mobile VersionMobileInvestors of all experience levels
MT5

Customer Service

For Propflys, response time is recorded when clients are addressed, this support is for 5/D - a 24-hour customer service for most, which refers to the assistance clients seek. Help is provided by way of email, calling, and web-based forms among other contact forms.

Contact ChannelDetails
Phone+65 3158 6009
Emailinfo@propflys.com
Company AddressLand # 11, Yumiwork, Lolam building, OD22/021, Kumul Hwy, Port Vila, Vanuatu
Contact info

The Bottom Line

The greatest advantage of Propflys is its commission-free trading with low trading costs. Yet, the primary disadvantage is the rather low clientele assistance support, which is available 5 days only out of 7. This broker is most appropriate for those traders who want to pay less for trade services and get advanced trading facilities.

FAQs

What trading platforms does Propflys offer?

Propflys has the intention of rolling out Meta Trader 5 (MT5) platform which can support computer and mobile version.

Why does Propflys not apply any commission on trades?

Trading with Propflys does not attract any commissions hence the trader enjoys value for money.

What types of accounts can be found on the Propflys website?

Propflys offers only one type of account: real one, which can be instantly opened through web.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.

Keywords

  • Within 1 year
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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Saya tidak dapat menarik dana saya cappmorefx tidak memberi tahu apa pun yang sedang dilakukan melalui surat apa pun. cappmorefx dihapus dari platform Mt5 mereka mengatakan kami akan memperbaikinya tetapi sejak 2 bulan mereka mengatakan hal yang sama Saya pikir dana saya tidak aman, tolong saya untuk menghindari kekacauan ini

menurutku itu CAPPMOREFX tidak menipu kami. karena mereka menghadapi banyak masalah teknis setelah peningkatan server seperti copy trade, (jika perdagangan ditutup oleh pedagang, di beberapa akun perdagangan tidak ditutup.) masalah penarikan (mereka telah memulai penarikan kripto pada bulan Juli selama 2- 3 hari sekitar 15-17 Juli.penarikan dilakukan di akun tetapi tidak disimpan di binance). komisi ib (banyak akun mendapat komisi ib lebih banyak dari akun referensi. misalnya 123456 ingin mendapat 1 dolar dari akun 223344 untuk 4 lot. tetapi sudah mendapat 5-6 dolar untuk 4 lot). dan mereka telah terputus dari platform mt5, ini menghadapi masalah server setelah mereka melakukan peningkatan terbaru pada bulan Juli. jadi mereka mencoba memperbaiki dan menyelesaikan masalah tersebut hingga minggu ke-2 Agustus tetapi tidak terselesaikan. dan mereka membuat beberapa perubahan aplikasi dan memutuskan untuk membeli server atau domain baru. untuk ini mereka telah mengubah nama perusahaan menjadi cappfx. dan mendaftarkan domain pada tanggal 18 Agustus sekitar jam 2 siang dan mereka telah mengirimkan email ke akun klien yang mendaftarkan email mengenai perubahan nama perusahaan. dan mereka telah meluangkan waktu untuk membuat situs web baru untuk cappfx atau mereka membuat modifikasi apa pun pada situs yang sudah ada CAPPMOREFX situs web. mereka mengatakan bahwa di email sebelumnya mereka akan membuat platform baru dan mereka akan memindahkan data ke platform baru. bahkan saya juga seorang investor dalam hal ini CAPPMOREFX . saya bukan orang perusahaan. ini yang saya nyatakan di atas adalah benar. karena saya sudah cek di banyak akun, penyebabnya seperti ini. jadi bersabarlah sementara mereka mendapat waktu 15-30 hari. mari kita berharap yang positif. bahkan di dua akun saya ada sekitar 9500 usdt. aku juga merasakan banyak kesakitan.

tidak dapat menarik uang saya dari 2 bulan terakhir

Tidak dapat menarik jumlah USD kami dari cappmore fx

penipuan besar cappmorefx ini

apa yang terjadi bulan lalu 18/07/2023 tidak berfungsi

tidak dapat widrawl dan tidak ada pedagang tidak ada uang

penarikan tidak selesai

apa yang terjadi dengan penarikan

proses penarikan selesai tetapi tidak dikreditkan, harap ambil penarikan saya dari cappmorefx

widrawl tidak memberi sejak 26 Juni hingga hari ini

silahkan mulai penarikan

Penarikan Tidak Memberikan Sejak Satu Setengah Bulan Hilang

tidak dapat melakukan penarikan

masalah penarikan dari broker

Cappmorefx tidak memberikan penarikan sejak sebulan.

penarikan tidak disetujui

Widrawl masalah dari 26june23

saya tidak dapat menarik plzz

Penarikan penarikan dan masalah server MT5 sobat dari masalah besar adalah penarikan

Saya tidak dapat menarik dana saya cappmorefx tidak memberi tahu apa pun yang sedang dilakukan melalui surat apa pun. cappmorefx dihapus dari platform Mt5 mereka mengatakan kami akan memperbaikinya tetapi sejak 2 bulan mereka mengatakan hal yang sama Saya pikir dana saya tidak aman, tolong saya untuk menghindari kekacauan ini

menurutku itu CAPPMOREFX tidak menipu kami. karena mereka menghadapi banyak masalah teknis setelah peningkatan server seperti copy trade, (jika perdagangan ditutup oleh pedagang, di beberapa akun perdagangan tidak ditutup.) masalah penarikan (mereka telah memulai penarikan kripto pada bulan Juli selama 2- 3 hari sekitar 15-17 Juli.penarikan dilakukan di akun tetapi tidak disimpan di binance). komisi ib (banyak akun mendapat komisi ib lebih banyak dari akun referensi. misalnya 123456 ingin mendapat 1 dolar dari akun 223344 untuk 4 lot. tetapi sudah mendapat 5-6 dolar untuk 4 lot). dan mereka telah terputus dari platform mt5, ini menghadapi masalah server setelah mereka melakukan peningkatan terbaru pada bulan Juli. jadi mereka mencoba memperbaiki dan menyelesaikan masalah tersebut hingga minggu ke-2 Agustus tetapi tidak terselesaikan. dan mereka membuat beberapa perubahan aplikasi dan memutuskan untuk membeli server atau domain baru. untuk ini mereka telah mengubah nama perusahaan menjadi cappfx. dan mendaftarkan domain pada tanggal 18 Agustus sekitar jam 2 siang dan mereka telah mengirimkan email ke akun klien yang mendaftarkan email mengenai perubahan nama perusahaan. dan mereka telah meluangkan waktu untuk membuat situs web baru untuk cappfx atau mereka membuat modifikasi apa pun pada situs yang sudah ada CAPPMOREFX situs web. mereka mengatakan bahwa di email sebelumnya mereka akan membuat platform baru dan mereka akan memindahkan data ke platform baru. bahkan saya juga seorang investor dalam hal ini CAPPMOREFX . saya bukan orang perusahaan. ini yang saya nyatakan di atas adalah benar. karena saya sudah cek di banyak akun, penyebabnya seperti ini. jadi bersabarlah sementara mereka mendapat waktu 15-30 hari. mari kita berharap yang positif. bahkan di dua akun saya ada sekitar 9500 usdt. aku juga merasakan banyak kesakitan.

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