Brief informationProxtrend
Global online broker Proxtrend calls itself a leading market player that adheres to strict regulatory requirements and industry standards. The company does not disclose its launch date or management team. The official website, proxtrend.com, lists the company's physical address (P.B. 1257 Bonovo Road, Fomboni, Comoros, KM). The footer also lists license BFX2024053, issued by the Mwali Island Financial Supervisory Authority (MISA).
However, Proxtrend broker is legal in name only. A number of standard agreements are found on the website. However, the intermediary does not publish its registration certificate or a copy of its license.
The company offers clients transactions in currencies, stocks, commodities, indices, and digital assets under four pricing plans. Broker proxtrend.com offers minimum deposits of $250, $25,000, $100,000, and $250,000. Leverage up to x400 is available. Floating spreads start from 3 pips for a basic account and 1.6 pips for a VIP account.
Public access to a proprietary web terminal is provided.
Proxtrend's withdrawal fees are:
3.5% for payment cards;
30 CHF/EUR/USD for bank transfers;
1.5-4.5% for e-wallets.
Withdrawals take up to 24 hours, and processing takes up to 5 banking days. For more information about the payment policy, please contact support by phone at +815030850091 or by email at info@proxtrend.com.
Before starting to work with a broker, it would be useful to read reviews about Proxtrend.
