Skycapital opinion

Opinions and information about the Profx700 broker

 

¿It is the truly reliable broker Profx700 (aka profx700.com)? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.

The Profx700 broker is a broker of: Forex, Cryptocurrencies and CFDs.

The broker mentions to be part of: PROFX700 Limited.

Profx700 is based in: supposedly the United States and the United Kingdom, although they are not regulated in either country, the location is probably false.

If we talk about regulation, Profx700 website does not mention absolutely anything about being regulated, Profx700 is an unregulated broker.

Skycapital website
Profx700 web page

 

We will continue to analyze the different account types that Profx700 offers. In the case of Profx700, we note that they claim to have multiple types of accounts, but it does not offer information on how many there are or what benefits each of them has.

 

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The platforms used to trade are: the MT4 platform and the MT5 platform.

Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that Profx700 offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.

 

Profx700 Features

 

 

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Additional information about the company

 

Phone number: unmentioned

E-mail: [email protected]

Website: profx700.com

Clarification: The investment company Profx700 works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.

* Bonuses or promotions: None by the moment

 

Profx700 Rating

Caution: unregulated broker

With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.

Why? It is an unregulated broker, although they claim to be based in the United Kingdom, when looking for information and other reviews about Profx700 we found a lot of negative reviews. 

July 2020 update: CONSOB, Italy's financial regulator, has Reported to Profx700 for fraudulent activities.

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