Score
TRXprotrade
United Kingdom|2-5 years| https://www.trxprotrade.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
United KingdomAccount Information
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Website
trxprotrade.com
Server Location
Iceland
Website Domain Name
trxprotrade.com
Server IP
93.95.229.141
Company Summary
| TRXprotradeReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex pairs, commodities, indices, shares, and digital currencies |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | 3pips |
| Trading Platform | TRXprotrade platform |
| Min Deposit | $250 |
Note: TRXprotrade's official website: https://www.trxprotrade.com/ is currently inaccessible normally.
TRXprotrade Information
TRXprotrade is an unregulated trading platform established in the United Kingdom within the past 2-5 years. It offers 5 types of market instruments including forex pairs, commodities, indices, shares, and digital currencies, with leverage up to 1:500.
Pros and Cons
| Pros | Cons |
| Offers five types of trading products | Unregulated |
| Provides six account types | Minimum deposit of $250 |
| Leverage up to 1:500 |
Is TRXprotrade Legit?
TRXprotrade is an unregulated trading platform, which is not safe.
What Can I Trade on TRXprotrade?
TRXprotrade offers 5 types of trading products, including forex pairs, commodities, indices, shares, and digital currencies.
| Tradable Instruments | Supported |
| Forex pairs | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Digital currencies | ✔ |
Account Type
TRXprotrade offers six account types: TRXPRO, PREMIUM, INVEST, INDIVIDUAL, PRO, and START.
| Account Type | Minimum Deposit | Minimum Spread |
| TRXPRO | €400 | - |
| PREMIUM | €25,000 | -0.2 |
| INVEST | €10,000 | -0.1 |
| INDIVIDUAL | €5,000 | - |
| PRO | €1,000 | - |
| START | €250 | - |
TRXprotrade Fees
TRXprotrade offers different minimum deposits and spreads. The PREMIUM account provides a spread of 0.2, while the INVEST account offers a spread of 0.1. However, the broker does not disclose any commission fees.
Leverage
TRXprotrade claims that its maximum leverage is up to 1:500.
Trading Platform
TRXprotrade offers a simple web-based platform but does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| TRXprotrade platform | ✔ | Web | Beginner |
| MT5 | ❌ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows & macOS） | Beginner |
Deposit and Withdrawal
The minimum deposit requirement for TRXprotrade is $250, and there are several payment methods available, including VISA, Mastercard, Neteller, Skrill, PayPal, and bank wire.
Besides, the TRXprotrade platform has a trading volume requirement of 1000 lots before withdrawals are permitted. Additionally, a 20% fee is charged on withdrawals, and the minimum withdrawal amount is set at $1000.
| Platform | Trading Volume Requirement | Fee/Tax on Withdrawal | Minimum Withdrawal |
| TRXprotrade | 1000 lots | 20% on withdrawal | $1,000 |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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