Profit4x

Information

Profit4x is a broker. Tradable instruments include forex, CFDs, commodities, indices, and cryptocurrencies. The broker also offers four accounts with a maximum leverage of 1:1000. The minimum spread is 0.1 pips, and the minimum deposit is $20. Due to its unregulated status and high leverage, Profit4x remains risky.

Pros and

ConsPros

Available MT4

Multiple instruments available

Spreads from 0.1 pips

Demo account available

ConsUnregulatedUnable

to access the official

websiteHigh leverage

account and unclear

Is Profit4x legit?

Profit4x is not regulated and has lower security compared to regulated brokers.

What can I trade on Profit4x?

Profit4x offers 137 market instruments, including forex, CFDs, commodities, indices, cryptocurrencies, and more.

Account Types

Profit4x has four live account types: Demo, Standard, Classic, Premium, and Club. Traders looking for low leverage can opt for the Club account, while those with smaller budgets can open a Standard account. Additionally, demo accounts are primarily used for familiarization with trading platforms and educational purposes.

Fees

spreads start from 0.1 pips, and commissions start from 0.05$. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000, meaning profits and losses are magnified by 1000 times.

Trading Platform

Profit4x partners with the authoritative MT4 trading platform and is available for trading on iOS, Windows, and Android. Beginner traders prefer MT4 over MT5. MT4 offers various trading strategies and implements EA systems.

for deposits and withdrawals

is $20. Profit4x accepts wire transfers, deposits, and withdrawals. However, the official website is inaccessible, so the transfer processing time and associated fees are unknown.