Score
PSFX
Saint Vincent and the Grenadines|2-5 years| https://psfxpro.com/index.php
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United KingdomContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License MT5 Full License Regional Brokers High potential riskAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
psfxpro.com
Server Location
United States
Website Domain Name
psfxpro.com
Server IP
162.241.226.82
Company Summary
General Information
Registered in Saint Vincent and the Grenadines, PSFX is an online forex broker offering a series of trading instruments, including c Currency Pairs, Stocks, Metals, Commodities, Indices. With PSFX, investors have the flexibility to choose from three trading accounts, and the maximum leverage that can be used is up to 1:400.
Market Instruments
PSFX offers its clients access to more than 300 trading instruments, including Currency Pairs, Stocks, Metals, Commodities, Indices, all available through this brokerage platform.
Account Types
PSFX provides a total of three types of trading accounts to suit its clients different trading needs, including Executive, VIP and Pro.
The Executive account requires an initial deposit of $100, which is acceptable. While the VIP and the Pro account ask for high deposit, from $15,000 and $30,000, respectively.
Aside from live trading accounts, demo accounts are also available with the PSFX platform for newcomers to get a feel of this platform and practice their trading skills.
A swap-free account with a 10-day period of validity is available.
Leverage
When it comes to leverage, PSFX permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators.
As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.
PSFX also offers a tired margin system, which is displayed as below:
Spreads
Commission and spreads on the PSFX platform are tied to the type of trading account you have, as is the case with most other forex brokers. The Executive and VIP accounts provides a commission-free trading environment, with spreads from 1.4 pips and 0.9 pips, respectively. The Pro account charges both spreads and commissions, spreads from 0.2 pips, commission at $60 per 1 million on FX.
Trading Platform
PSFX provides its clients access to the leading MT5 trading platform and some features and functionalities of the MT5 trading platform include the following:
User friendly and high-customized
Multiple technical indicators, and robust charting tools
Free EA hosting capabilities
Web and mobile trading support
Customer Support
Traders can reach out to PSFX about any questions or concerns they may have about their accounts or their trading through the following methods:
Email: info@psfxpro.com
Registered Company Address: PSFX INTERNATIONAL LLC
Suit 305, Griffith Corporate Center, Beachmount, Kingstown
Or you can follow this brokerage house on some social media platforms, such as Facebook, Instagram, Twitter, Youtube, Linkedin.
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
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Cornelia Van Drusen
Netherlands
PSFX, a reliable broker in Saint Vincent, offers 300+ instruments. Executive account at $100 is a steal. Demos for practice. Be cautious with 1:400 leverage. MT5 platform and support are top-notch. Thumbs up!
Neutral
2023-12-06
FX1527844142
Australia
PSFX rocks with 300+ instruments, including Currency Pairs, Stocks, Metals. VIP account at $15,000 is swanky. Demos for newbies, but watch out for 1:400 leverage. Overall, diverse choices and solid support!
Neutral
2023-12-05
klean
United Kingdom
After spending a lot of time on the site, they appear to be a new brokerage that has just launched, and the trading conditions look good. But they are not regulated and do not offer demo accounts. I don't feel safe dealing with them. Be careful.
Neutral
2022-12-05
FX2675850122
India
greate broker
Positive
04-30
Drupad
India
I had a really great experience with PSFX, an excellent broker! Recommend them to everyone!
Positive
04-23
FX2675850122
India
Good broker
Positive
04-16
FX2675850122
India
I have been associating with PSFX about an year now completely satisfied with their service
Positive
04-11