Overall Rating: ★☆☆☆☆ (1.2/5.0)

ProFinance is an unregulated offshore broker offering access to forex, commodities, indices, and cryptocurrencies. The broker operates with a proprietary platform and promises high leverage, low minimum deposit requirements, and low spreads. However, it has earned a poor reputation due to withdrawal issues, lack of transparency, and aggressive marketing tactics. The absence of regulation and lack of investor protection make ProFinance a high-risk option for traders in 2025.

This review delves into ProFinance’s features, regulatory concerns, and the reasons why it should be avoided by serious traders.

Key Features

ProFinance offers basic trading options via a proprietary platform, but lacks many of the features and security that come with regulated brokers.

• Trading Platforms:
  • Proprietary WebTrader (mobile and browser)
  • No support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5)
• Markets Offered:
  • Forex, commodities, indices, and cryptocurrencies
  • Limited instrument range
• Account Types:
  • Standard, VIP, and Islamic accounts
• Leverage:
  • Up to 1:500
• Minimum Deposit:
  • $100
• Funding Methods:
  • Credit/debit cards, wire transfers, Bitcoin, Ethereum

Regulation and Security

ProFinance operates as an unregulated broker, posing significant risks to traders in terms of fund security and legal recourse.

• No regulation by any financial authority (FCA, CySEC, ASIC, etc.)
• Offshore registration (likely in jurisdictions like Seychelles or Saint Vincent and the Grenadines)
• No investor protection or compensation scheme
• No transparency regarding company ownership or operations
• No negative balance protection
• No fund segregation

Pricing and Costs

While ProFinance promotes low spreads and commission-free trading, there are hidden fees and unfavorable trading conditions, with reports of unresponsive support when issues arise.

• Spreads:
  • From 1.5 pips on major forex pairs
• Commissions:
  • Zero commission (fees included in spreads)
• Deposit/Withdrawal Fees:
  • Withdrawal fees not disclosed clearly
  • Reports of delays in withdrawals
• Inactivity Fee:
  • $25 per month after 3 months of inactivity

Educational Resources and Customer Support

ProFinance offers minimal educational resources, with customer support often being slow and unresponsive.

• Education:
  • Basic platform tutorials and trading guides
  • No advanced trading courses or webinars
• Market Analysis:
  • None available
• Customer Support:
  • Live chat, email support
  • Slow response times with reports of unresolved issues
  • No phone support available

Risk Management Tools

ProFinance offers basic risk management tools but lacks the advanced features necessary for serious traders.

• Stop-loss, take-profit, and trailing stop orders available
• No guaranteed stop-loss orders (GSLOs)
• No margin alerts or account monitoring tools
• No negative balance protection

Pros and Cons

Pros

• Low minimum deposit requirement ($100)
• Supports cryptocurrency deposits
• Simple proprietary web-based platform

Cons

• Unregulated and offshore with no investor protection
• No transparency regarding fees or operations
• Hidden withdrawal fees and slow processing times
• Limited educational resources and poor customer support
• No advanced risk management tools or professional-level features

Conclusion: Is ProFinance the Right Choice?

ProFinance is a high-risk broker that should be avoided by serious traders. While it offers basic trading features and low entry requirements, the lack of regulation, poor customer service, and withdrawal issues make it unsuitable for anyone seeking a reliable and secure trading experience. For safer trading, consider regulated brokers such as AvaTrade, Pepperstone, or IC Markets, all of which offer better pricing, transparency, and investor protection.