Promax Trading - Promax Trading
Active

Promax Trading

Official Certification
country-flagSaint Lucia
Forex Broker
5-10 Year
Current Enterprise Rating

3.00

Industry Rating
b

Basic Information

Full Name Of The Enterprise
Full Name Of The Enterprise
Promax Trading
Country
Country
Saint Lucia
Enterprise Classification
Enterprise Classification
Registration Time
Registration Time
2018
Business Status
Business Status
Active

Regulatory Information

Enterprise Evaluation/Exposure

Write Comments/Exposure

3.00

0Evaluate/
1Exposure
Write Comments/Exposure

warningUnable To Withdrawwithout notice account dicebled for scam

I just deposited $5,000 last week and followed their "golden analyst" to trade, earning over $1,000. I was about to withdraw when suddenly I couldn’t log in to my account! The system showed "Account has been disabled, please contact customer service." I panicked and asked the customer service  what was going on. At first, they said "the system detected unusual activity" and asked me to provide proof of the source of funds. I complied, but the next day I directly received an email saying "permanently banned, funds will not be refunded"! Without even giving a specific reason, my $6,000 was just stolen like this!

exposure-img
author avatarTandee Elsa
4/8/2025 3:20:22 PM

Promax Trading Enterprise Introduction

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

Promax Trading Enterprise Security

https://promaxtrading.com/
NaN
Website First Screen Speed
MEDIUM
Website UI Refinement
GOOD
SSL Certificate
Possess

Screenshot Parsed In 3/26/2025 10:16:41 AM(Technical Support - FinanceWiki AI)

Screenshot Of Domain Name Information-undefined
Domain Name Operation Time
2019
Domain Name Registration Country
-

Screenshot Parsed In 3/28/2025 12:58:24 PM(Technical Support - FinanceWiki AI)

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Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.
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