✔️ Information reviewed and updated in April 2024 by Eduardo López
Opinions and information about the Protechfx broker
¿It is the broker Protechfx (aka protechfx.com) really trustworthy? 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 Protechfx broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Crowd Tech Ltd.
Protechfx is based in: Australia and Cyprus.
If we talk about regulation, the Protechfx broker does not mention absolutely anything about being regulated, Protechfx is an unregulated broker.
We will continue to analyze the different account types that Protechfx offers. In the case of Protechfx, we note that it has 4 different plans or types of account: Micro Account, Standard Account, Premium Account and VIP Account.
Micro account: minimum initial deposit of $ 250, leverage up to 1: 500, spreads from 1 point, fifth decimal place, market execution, minimum trade volume 0.01 lots, increment size 0.01, maximum trade size 40 standard lots, maximum simultaneous open orders 150, Margin Call / Stop Out level 40% / 10%.
Standard Account: minimum initial deposit of $ 500, leverage up to 1: 300, spreads from 1 point, fifth decimal place, market execution, minimum trade volume 0.01 lots, increment size 0.01, maximum trade size 60 standard lots per position, maximum orders simultaneous open 250, Margin Call / Stop Out level 50% / 20%, fund management available.
Premium account: minimum initial deposit of $ / € 25.000, leverage up to 1: 100, spreads from 0.6 points, fifth decimal place, market execution, minimum trade volume 0.1 lots, increment size 0.01, maximum trade size 80 standard lots per position, Maximum simultaneous open orders 300, Margin Call / Stop Out level 50% / 20%, fund management available. $ 6 / € 5 commission per spin per standard lot.
VIP account: Minimum initial deposit of $ / € 100.000, leverage up to 1: 100, spreads from 0.2 points, fifth decimal place, market execution, minimum trade volume 0.1 lots, increment size 0.01, maximum trade size 80 standard lots per position, maximum Simultaneous Open Orders 150, Margin Call / Stop Out Level 50% / 20%, Fund Management Available. $ 6 / € 5 commission per spin per standard lot.
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The platform used to trade is: MT4 platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that Protechfx offers, explanation of basic concepts of the investment world, economic calendar, news of financial events , pip calculator, really not much else.
Protechfx Features
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Additional information about the company
Phone number: does not have.
E-mail: [email protected]
Website: protechfx.com
Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
Protechfx Rating
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 a broker that is not registered in either of the two countries in which it mentions having a base, uses data that is not true and is not regulated, does not disclose its true identity. When looking for information and other reviews about Protechfx we found a lot of negative reviews.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
❗ Update July 2023: CySEC, Cyprus Financial Regulator, has reported PROTECHFX due to fraudulent activities.
🚫 Link to the warning 🚫 on the official website of CySEC.
❗ July 2023 update: CONSOB, Italian National Securities Market Commission, has denounced
PROTECHFX due to fraudulent activities.
🚫 Link to the warning 🚫 on the official CONSOB website
Are you part of Protechfx? Are you a representative or worker of the company? Write to us at >> use this form <<
↓ ↓ ↓ Traders and users score
They gave me good references, I'm scared, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.
Hello Leo, ProtechFX is a SCAM, we have received many complaints from investors, for not returning the money, you should never invest in a broker that does not have REGULATION.
They create many positive comments about themselves that are LIES! They want to confuse investors and pretend to be a legal company but it is all LIES! If you tell them about our articles, they say that we are part of the competition and that is also a lie! (We are dedicated to reviewing brokers).
When you want to withdraw your capital or your profits, if they make excuses and tell you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you
Greetings.