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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

ProbusFX

Cyprus Cyprus | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.probusfx.com/

Website

Rating Index

Contact

35725260333
https://www.probusfx.com/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Aspide Financial Limited
Abbreviation
ProbusFX
Employees
--
Email
support@squareddirect.com
Contact Number
35725260333
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • probusfx.com
    3.124.174.91
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note: GPM is to operate via the website - https://www.gpmfx.com/#, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

The Cyprus CYSEC regulation (license number: 329/17) claimed by ProbusFX is suspected to be a clone. Please be aware of the risk!

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

General Information & Regulation

ProbusFX, a trading name of Aspide Financial Limited, is allegedly a forex broker founded in 2016 and registered in Cyprus that claims to provide its clients with the well-known MetaTrader5 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that ProbusFX holds a suspicious clone Cyprus Securities and Exchange Commission (CYSEC) license. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.46/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

ProbusFX advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Trading Platform Available

The platform available for trading at ProbusFX is one of the most notable and preferred trading platforms the market offers - MetaTrader5. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

ProbusFX appears to support deposits and withdrawals via bank wire transfers. The minimum initial deposit requirement is said to be $200.

Customer Support

ProbusFX‘s customer support can be reached by telephone: 35725260333, email: support@probusfx.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros & Cons

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is ProbusFX safe and reliable?

According to WikiFX data, ProbusFX holds an overall score of 1.59, which reflects significant safety concerns. The primary reason for this low score is its regulatory standing. The broker's only known license is listed by CySEC as 'Unverified', meaning it lacks credible regulatory oversight. This presents a fundamental risk to traders. For a secure trading experience, a strong regulatory framework is essential, which this broker currently does not exhibit.

04-06
United States

Is ProbusFX regulated?

No, ProbusFX is not a regulated broker. The entity Aspide Financial Limited claims a license from the Cyprus Securities and Exchange Commission (CySEC) for derivatives trading, but WikiFX assessment indicates this license is marked as 'Unverified'. This status means there is no authoritative confirmation of valid regulation, effectively placing the broker outside the protection of major financial regulators.

04-06
United States

What is the minimum deposit of ProbusFX?

Specific minimum deposit information for ProbusFX account types is not publicly disclosed in the available data. Prospective traders should refer to the broker's official website for the most current account opening requirements.

04-06
United States

Does ProbusFX support MT4 or MT5?

Yes, according to its business profile, ProbusFX provides support for the MetaTrader 4 (MT4) trading platform. MT4 is a widely used platform known for its extensive charting tools, automated trading capabilities through Expert Advisors (EAs), and user-friendly interface.

04-06
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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