PROXTREND

Based in Comoros, PROXTREND is a forex broker that was established in 2024. PROXTREND provides trading in forex and CFDs with leverage up to 1:100. However, PROXTREND operates without regulatory oversight from any reputable financial body.

Pros and Cons

Is PROXTREND Legit?

No, PROXTREND is not regulated by any reputable financial body. Please be aware of the risk!

What Can I Trade on PROXTREND?

Services

PROXTREND provides various investment services including Customer Relationship Management (CRM), Automated Marketing Solutions, Content & Social Media Services, Maximizing Channel Effectiveness & Performance, Email Compaign Coordination & Data Administration and CPQ (Configure, Price, Quote) and Contract Management.

Account Type

PROXTREND offers four accounts to choose from, including Basic, Gold, Platinum and VIP accounts.

Leverage

PROXTREND offers a leverage of up to1:100 for all account types, which is quite high.

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Fees

There are no commission fees charged to the client.

However, if there is no client-initiated activity for 12 months, then the account is classified as dormant.

Deposit and Withdrawal

PROXTREND accepts payments via Debit/Credit Cards, Wire Transfer, and e-Wallets.

There are no deposit fees charged.

However, ROXTREND claims that the Company reserves the right to charge a withdrawal fee at an amount equal to 80 EUR (or the equivalent amount according to the denominated currency of the Clients Trading Account).