ProfitiX Review 2021

ProfitiX offers an interactive desktop and mobile trading experience via MT5.

ProfitiX is broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies. Interestingly, ProfitiX supports the MetaTrader5 trading platform, but not the hugely popular MetaTrader4 predecessor at this point.

In terms of features offered to traders, ProfitiX has Signals and Auto Trading but is missing Demo Accounts, Islamic Accounts and Social Trading.

ProfitiX also gives traders access to 4 cryptocurrencies: BTC, ETH, LTC and BTG.

Please note that ProfitiX is an unregulated broker. With no regulatory oversight a broker can offer higher leverage and other features that regulated brokers can not, but it also means that traders need to be more careful. Don't deposit large sums before you feel confident that the operator is trustworthy.

ProfitiX Summary

ProfitiX offers an interactive desktop and mobile trading experience via MT5.

Ratings

20%
Trust
66%
Instruments
42%
Features
BonusNone
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Min. Deposit$250
Min. Trade0.01 lots
Regulated By
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading Yes (EAs)
Trade Signals Yes (MT5)
Social Trading
Copy Trading
Islamic Account

CFD Trading

ProfitiX offers CFDs in a range of financial markets with a choice of five account tiers.

Leverage1:400
FTSE SpreadVariable & Fixed
GBPUSD SpreadVariable & Fixed
Oil SpreadVariable & Fixed
Stocks SpreadVariable & Fixed

Forex Trading

Trade a list of currencies with floating and fixed spreads depending on the account.

GBPUSD SpreadVariable & Fixed
EURUSD SpreadVariable & Fixed
EURGBP SpreadVariable & Fixed
Assets100+

Cryptocurrency Trading

Trade top cryptos, including Bitcoin Gold against the USD and EUR.

SpreadVariable & Fixed
CoinsBTC, ETH, LTC, BTG

Payment Methods

ProfitiX accepts the following payment methods:

  • Visa
  • Skrill
  • Neteller
  • Mastercard
  • Credit Card
  • MoneyGram
  • Western Union
  • Diners Club
Risk Warning – Your capital is at risk

FAQ

Is ProfitiX Safe?

In our review we gave ProfitiX a low trust score of 20%, which means that traders should try things out before they deposit any larger amounts. What impacted the trust score the most is the fact that ProfitiX is not regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does ProfitiX Accept PayPal?

No, ProfitiX does not accept PayPal payments.

Is ProfitiX Halal?

Probably not, as ProfitiX does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does ProfitiX support?

ProfitiX only supports the MetaTrader 5 trading platform at this time.

Is ProfitiX Regulated?

No, unfortunately ProfitiX is unregulated as far as we know. Prudent traders will want to check out the list of FCA regulated brokers for alternatives.

ProfitiX vs Other Brokers

If you want to compare ProfitiX with other brokers, use the detailed comparisons below.

ProfitiX vs
ProfitiX offers an interactive desktop and mobile trading experience via MT5.