Basic Information
Registered Region 
Comoros
ComorosOperating Period
1-2 years
Company Name
Proxtrend Ltd
Customer Service Email Address
info@proxtrendltd.com
Contact Number
+923158904174
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
Proxtrend LTD
Comoros
|
1-2 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://www.proxtrendltd.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
United States 2.61Surpassed 12.80% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+92 315 8904174
info@proxtrendltd.com
https://www.proxtrendltd.com/
PB 1257 Bonovo Road, Fomboni, Comoros, KM
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Biz Area
Website
Company Summary
Wiki Q&A
Comment
Users who viewed Proxtrend LTD also viewed..
XM
9.10
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
Score
9.10
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
HANTEC MARKETS
8.57
Score
ECN Account 15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
HANTEC MARKETS
Score
8.57
ECN Account 15-20 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website
AVATRADE
9.50
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AVATRADE
Score
9.50
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
GO Markets
8.98
Score
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
GO Markets
Score
8.98
Above 20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
Website
- 185.230.63.107Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| 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 and Cons
| 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 |
Is PROXTREND Legit?
No, PROXTREND is not regulated by any reputable financial body. Please be aware of the risk!
What Can I Trade on PROXTREND?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Services
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.
Account Type
PROXTREND offers four accounts to choose from, including Basic, Gold, Platinum and VIP accounts.
Leverage
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.
Fees
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. |
Deposit and Withdrawal
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% |
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Wiki Q&A
QM Trader 
1-2 years
What payment methods does PROXTREND support?
PROXTREND broker supports payment methods like debit/credit cards, wire transfers, and e-wallets. While these are common options, I’d prefer to have more flexibility, such as cryptocurrency payments, which can be faster and more cost-effective. I would also like to know if they offer local payment methods for different regions.
Broker Issues
Withdrawal
Deposit
07-16
United States
Ahmed Harb
1-2 years
Is PROXTREND safe to trade with?
Since PROXTREND trading isn’t regulated, I would proceed with caution. Although I appreciate the features they offer, such as high leverage and low spreads, the unregulated status makes me think twice. I’d be more comfortable using a broker that offers regulatory oversight, as it provides an added layer of security.
Broker Issues
Regulation
06-11
United States
Five8
1-2 years
What are the cons of PROXTREND?
The major downside for me is the unregulated status of PROXTREND broker, which puts my funds at risk. I’m also concerned about the inactivity fees, which can quickly add up if I don’t stay active. The lack of a demo account is another inconvenience, especially since I like to test out strategies before trading with real money. The limited information on payment methods and trading instruments also makes me hesitant.
Broker Issues
Regulation
05-30
United States
WoodCrusher
1-2 years
Is PROXTREND regulated?
PROXTREND broker is not regulated by any reputable financial body, which is a bit of a red flag for me. While I understand that some brokers operate without regulation, I personally prefer to trade with brokers that are fully regulated. The lack of regulation means there is no guarantee of protection for my funds, which makes me cautious about committing significant capital.
Broker Issues
Regulation
05-29
United States
View More
Write a review
Exposure
Neutral
Positive
Content you want to comment
Please enter...
Submit now
Write a comment
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now