ProfitiX Review

General Information

Website URL: https://www.profitix.com/

Founded: 2019

Regulation: n/a

Languages: English

Deposit Methods: credit card, e-wallet

Minimum Deposit: $250

Free Demo Account: no

Types of Assets: forex, commodities, precious metals, cryptocurrencies, shares, stocks

ProfitiX is a new name in the trading industry that values security above all else. In addition, what I’ve noticed is that this trading company offers rather small depositing conditions, especially compared to other reputable and bigger names on the market. Regardless, it seems to be working – ProfitiX is the brand everyone is talking about recently!

Regulation

Despite appealing to many different traders and broker types, one huge thing the ProfitiX platform is clearly lacking is the licensing and regulation information. This is a major downside for the brand, which their team tries to make up for with elaborate passages about investors’ protection and funds security.

When you look at it like that, you’re clearly engaging with ProfitiX on your own risk. Still, to make up for this fact a bit more, ProfitiX highlights its abilities such as “fast execution, guaranteed fund security and a large range of trading instruments”.

Trading Platform

As you might have gathered already. ProfitiX is mainly about the looks. This doesn’t necessarily have to be a bad thing. When it comes to the trading platform specifically, the prettier – the better. That’s why their MT5 platform is fully optimized and simple to use and go around. Furthermore, all of the data are safely encrypted through the SSL servers.

ProfitiX offers around 10.000 assets in total, from currencies and commodities to cryptos and stocks. Basically, you can find all of the assets you ever wanted to try out right here on the ProfitiX platform. In addition, the MT5 trading platform is specially designed and accustomed to 4 types of executions and works with over 20 different banks and liquidity sources. Also, the leverage options are quite appealing – from 1:1 do 400:1 depending on your preferred account type.

Account Types

The account types at ProfitiX are quite similar to the other brands in the industry. There are 5 of them, and each one is carefully planned out to suit the needs of different types of traders.

  • mini – this is the basic form of an account at ProfitiX, that requires a minimum deposit of only $250. With it, you can dip your toes into the excitement that trading brings and learn your way around
  • advanced – with a higher deposit of $25.000 comes much better leverage – 1:400. In addition, you get some more advanced trading tools and features
  • executive – sounds fancy, right? With the executive account, you can create your own unique trading portfolio, as well as get a detailed market analysis
  • prime – the prime account can be yours after you deposit $100.000 into your account
  • VIP – this is the highest account you can get, with practically endless possibilities when it comes to trading assistance.

Education

The educational page as a whole is quite extensive and detailed which is great, but their efforts go even beyond. Namely, you can contact someone from the ProfitiX team at any time through their mutual platform if you wish to address any issue or concern. This method is kind of a combination of educational section and customer support. This is one of the main reasons why this trading platform has earned quite a reputation in just a few months since initially starting out on the trading market.

Deposits and Withdrawals

Depositing your money with ProfitiX is quite simple and effective, with no additional charges or fees. Not only that but depending on the amount of your deposit, you can also get quite handy bonuses.

Here is a brief list of the payment methods:

  • Visa
  • MasterCard
  • Western Union
  • MoneyGram
  • Diners Club
  • Neteller
  • Skrill.

The great thing about these payment methods is that they are accessible to every citizen of every country that is permitted to trade with ProfitiX. In addition, it’s a given that the company accepts the most common and strongest currencies on the planet, including the Euro, the US dollar, and the British Pound.