WinproFX is a forex broker established on May 23, 2023, in Saint Lucia, primarily offering investors financial trading services such as forex, stocks, commodities, indices, and cryptocurrencies. This broker does not provide services in jurisdictions where doing so would contravene local laws or regulations, including but not limited to North Korea, the United States, Puerto Rico, Canada, Japan, Iran, Iraq, Lebanon, Turkey, etc.
Corporate Registration Information and Regulatory Status:
According to public information on the official WinproFX website, it is registered with the Saint Lucia International Business Company and International Trust Registry (ifc) as WinproFX Limited, with the registered address being SAINT Lucia P.O Box 838 Castries Saint Lucia, and the registration number is 2023-00197.
Upon verification, a corporate entity named WinproFX Limited, with the registration number 2023-00197, can be found in the Saint Lucia International Business Company and International Trust Registry (ifc). However, this entity could not be found in the Saint Lucia Financial Services Regulatory Authority (FSRA) or any other judicial jurisdiction's official financial regulatory bodies.
According to information obtained from Whois, the domain name of this broker's official website was registered on May 18, 2023. Moreover, as of February 15, 2024, this broker has been established for less than a year.
Opening an Account:
To open an account with WinproFX: Visit the broker's official website, click on “Open Account” on the homepage or “Register” on the top right corner of the webpage, enter personal information such as name, phone number, nationality, city of residence, email address, and set a login password. Once submitted, the account will be successfully registered.
Account Types:
The WinproFX official website does not disclose the types of accounts offered to users, nor information about minimum deposit amounts, trading leverage, spreads, trading commission, and minimum/maximum trading volume.
Trading Platform:
WinproFX offers the MT5 trading platform, provided by WinproFX Limited. On the MT5 platform, users can only open demo trading accounts or connect existing trading accounts and cannot open real trading accounts.
Deposits and Withdrawals:
WinproFX has not explicitly disclosed the supported methods of deposit and withdrawal, associated fees, or minimum deposit and withdrawal amounts on its official website.
Conclusion:
Traderknows reminds investors that WinproFX is a forex broker without effective regulation. Traderknows advises investors to preferably choose brokers with strong regulation and a good reputation for their investment and trading activities, to avoid unnecessary financial losses.
Currently, this broker is marked as 'Suspected of Scam' on Traderknows.
