Forex PROXTREND Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.5

Business 0.8

Risk Control 1.1

Software 1.8

Regulatory 1.3

Terminal Snapshot

PROXTREND Trading Conditions

Registered Region Comoros

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@proxtrendltd.com

Contact Number +923158904174

Website www.proxtrendltd.com

Balanced Review

Pros & Cons

Pros

Regulated by the International Services Authority of Mwali
Diverse trading instruments including Forex, CFDs, commodities, indices, stocks, and cryptocurrencies
Advanced trading platforms: MT4/MT5, web version, and mobile app
24/5 multilingual customer support
Client-centric approach with tailored investment strategies and comprehensive market analysis

Cons

Not regulated by major financial authorities
Limited information on payment methods
Withdrawal issues reported by users
High inactivity fees may apply
Lack of advanced educational resources

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	PROXTREND	Grand Markets	BDSwiss	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Comoros	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does PROXTREND Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners	Lower capital requirements, user-friendly interface	Suitable for small-capital practice
ECN Account	Experienced Traders	Tighter spreads, faster execution	Requires higher trading volume
Demo Account	All Traders	Practice trading without risk	Ideal for skill enhancement

Account Opening Process

Opening a trading account with PROXTREND is straightforward. Prospective clients should follow these steps: 1. Visit the PROXTREND website and select the desired account type. 2. Fill out the online application form with personal information. 3. Submit employment and financial information as required. 4. Complete identity verification by providing an ID and proof of address. After registration, clients can upgrade to a professional account later if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	1.2	$0	Competitive spreads for major currencies
CFDs (Stocks, Indices)	Varies	Variable	Depending on asset type
Cryptocurrencies	Varies	Variable	Dependent on market conditions

Other Fees

Additional costs may include: – Deposit and withdrawal fees, which vary based on the method chosen. – Inactivity fees may apply if no trading activity occurs. – Platform usage fees are not specified. – Overnight interest (swap rates) may apply on positions held overnight. – Currency conversion fees may be applicable when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

PROXTREND User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Alice Johnson

New York, USA

★ ★ ★ ★ ★

I faced significant issues with withdrawals from my PROXTREND account. It took longer than expected to receive my funds, and customer support was not very responsive. I was left feeling frustrated and uncertain about the platform’s reliability.

Michael Smith

London, UK

★ ★ ★ ★ ★

Overall, I’m pleased with my experience at PROXTREND. The MT4/MT5 platforms are user-friendly and packed with features. I appreciate the market analysis provided, which has helped me make informed trading decisions. A solid choice for traders.

Emma Davis

Sydney, Australia

★ ★ ★ ★ ★

I had a terrible experience with PROXTREND. My withdrawal requests were blocked multiple times without clear explanations. Customer support was unhelpful, and I felt misled. I would not recommend this broker to anyone.

James Brown

Toronto, Canada

★ ★ ★ ★ ★

PROXTREND has been fantastic for my trading needs! The customer support team is always available and very helpful. I’ve had a smooth trading experience with minimal issues. The range of instruments available is impressive, allowing for good diversification.

Comoros Market