Why Traders Choose
Promax Trading Is A Well-known Financial Services Provider With A Global Reach And A Ten-year History.
Promax Trading's Mission Is Simple: To Serve Traders At Promax Trading In An Ethical And Responsible Manner. Promax Trading Has Been Serving Traders Responsibly Since 2018 And Has Won Several Awards. Promax Trading Trades With Low Spreads Starting From 0.0 Pips On The Internationally Renowned MetaTrader 5 Platform. Versatile, Experienced And Passionate, The Promax Trading Research Team Consists Of Market Analysts, Macroeconomists, Experienced Traders And Elliott Wave Experts. Daily Publications Cover Fundamental And Technical Analysis, Daily Trading Signals, Quarterly Market Forecasts And Educational Content.
Market Tools
Currency Pairs, Indices, Commodities, Metals, Energy, Stocks..... Promax Allows Clients To Access A Wide Range Of Trading Markets. As A Result, Both Beginners And Experienced Traders Can Find What They Want To Trade Promax. Cryptocurrency Is Currently Not Available.
Spreads And Commissions On Trades
In The Case Of Promax, The Spread And Commissions Depend On The Instrument And Account. For Premium And Final Accounts, Commissions Are $8 And $5 Per Lot Respectively, While For The Other Two Account Types There Is No Commission. Spreads Are Variable And Will Vary For Different Instruments And Accounts.
Account Types
Demo Accounts: Promax Offers Demo Accounts That Allow You To Try Financial Marekt Without The Risk Of Losing Money.
Real Account: Promax Offers A Total Of 4 Account Types: Starter, Premium, Ultimate, And Pamm. The Minimum Deposits To Open An Account Are $200, $5,000, $25,000, And $500, Respectively. If You Are Still A Beginner And Don't Want To Invest Too Much Money In Forex Trading, A Starter Account Would Be The Best Option For You. However, We Should Also Recognize That Having Too Little Capital Will Not Only Reduce Losses, But Also Profitability. Therefore, You May Find It "tedious" Or Unprofitable. In Addition, Accounts With Smaller Initial Deposits Tend To Have Poorer Trading Conditions.
The Trading Platform Provided By
The MT5 Trading Platform Has Powerful Charting Capabilities, Including More Than 50 Different Technical Indicators And Intraday Analysis Tools. Access From Various Devices Also Makes Trading Easier For Users.
The Leverage Provided By
Promax Offers Maximum Leverage Of Up To 1:500, Which Is A Generous Offer And Ideal For Professional Traders And Scalpers. However, Since Leverage Can Amplify Your Profits, It Can Also Lead To Capital Losses, Especially For Inexperienced Traders. Therefore, Traders Must Choose The Appropriate Amount According To Their Risk Tolerance.
Deposit And Withdrawal Methods And Fees
When It Comes To Deposits And Withdrawals, Like Many Good Brokers, Promax Offers Detailed Forms Containing Important Information About Currencies, Payment Methods, Minimum Amounts, Arrival Dates, Fees, And More. Possible Payment Methods Are: Skrill, Credit/debit Card, Webmoney, Neteller, Bank Telegraphic Transfer, UnionPay, Knet, Fasapay.
Educational Resources
A Range Of Educational Resources Are Available At Promax, Such As Trading Tools, Economic Calendars, Technical Analysis, Foreign Exchange News, Commodity News, Index And Stock News, And More.
Customer Support
Here Are The Details About Client Server.
Language: English
Service Hours: 24/5
Email: Support @Promax Trading Network
Phone Number: + 994 55 839 47 96
WeChat: + 994 55 839 47 96
Social Media: Facebook, Instagram, LinkedIn, YouTube, Twitter, Telegram, Etc
High Leverage
MT5
Sufficient Information
Educational Resources
Many Instruments Available
Demo Account
Negative Balance Protection
Cons:
No Effective Regulation
Not MT4
No Copy Trading


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