Proxtrend LTD

QM Trader

1-2 anni

What payment methods does PROXTREND support?

WikiFX Rispondi

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

Proxtrend LTD

Withdrawal

Deposit

07-16

Stati Uniti

Ahmed Harb

1-2 anni

Is PROXTREND safe to trade with?

WikiFX Rispondi

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

Proxtrend LTD

Regulation

06-11

Stati Uniti

Five8

1-2 anni

What are the cons of PROXTREND?

WikiFX Rispondi

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

Proxtrend LTD

Regulation

05-30

Stati Uniti

WoodCrusher

1-2 anni

Is PROXTREND regulated?

WikiFX Rispondi

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

Proxtrend LTD

Regulation

05-29

Stati Uniti