| Item | ProFX One Information | FXknows Analysis |
|---|---|---|
| Deposit Channels | Supports bank cards, bank transfers, e-wallets, and some cryptocurrency deposits. | Multiple channels make deposits relatively convenient, but "easy funding" is not an advantage when the platform’s overall risk is high. |
| Deposit Speed | The official claims deposits are usually credited quickly. | On high-risk platforms, fast deposits are more of a "fund absorption" step — they do not indicate fund security or compliance. |
| Deposit Fees | The platform typically claims no deposit handling fees; costs are charged by payment channels or networks. | Even if fees are low, investors should transfer funds cautiously until proper due diligence is completed. |
| Item | ProFX One Information / User Feedback | FXknows Analysis |
|---|---|---|
| Withdrawal Channels | Similar to deposit channels: withdrawals via bank card, transfer, e-wallet, or cryptocurrency. | The channel design itself is not problematic; the key lies in whether the platform actually executes withdrawal instructions. |
| Withdrawal Experience | Numerous users report long delays in withdrawals, frequent requests for additional documents, and even failure to withdraw after meeting requirements. | "Easy deposits, difficult withdrawals" is a typical trait of high-risk unregulated platforms and should be treated as a serious risk signal. |
| Withdrawal Fees | No unified fee standard is publicly announced by the official; users have mentioned "extra handling fees" and "high deduction fees" in practice. | Opaque fees not only increase costs but may also become a reason for the platform to delay or refuse withdrawals. |
| Category | Details |
|---|---|
| Broker-Advertised "Strengths" | 1. Multi-asset coverage: Claims to offer trading in forex, crypto, commodities, indices, stocks, and bonds — creating a one-stop multi-asset speculative environment.2. Multiple account options: Provides accounts like Pro Trader, Pro Professional, Pro Market, Pro Honor, Pro Winner; minimum deposit starts at $50–100.3. High leverage & low spread promotion: Advertises up to 1:1000 leverage, spreads as low as 0.1 pips, and "commission-free" for some accounts — targeting high-frequency and high-risk-tolerance traders.4. AI tools & smart trading: Centered on proprietary TradeGPT; claims to provide real-time signals and market analysis via AI algorithms to optimize trading decisions.5. Multi-channel deposits: Supports funding via bank cards, transfers, e-wallets, and crypto — with a relatively convenient deposit process. |
| Key Concerns (FXknows Risk & Compliance Perspective) | 1. Unregulated by major authorities: No valid licenses found with regulators like FCA, ASIC, CySEC, or NFA after multiple verifications.2. Officially warned & blacklisted by UK regulator: The FCA explicitly notes ProFX One has no authorization to provide financial services in the UK; investors trading with it are ineligible for financial ombudsman or compensation scheme protection.3. Impersonation risk in Australia: Listed in Australia’s official investment warning list as a "fake company" related to profx.one.4. Widespread withdrawal issues & account freezes: Mass user feedback cites "easy deposits, hard withdrawals" — including delays, refusals, and failed withdrawals even after submitting required documents.5. Closed proprietary trading system (no third-party verification): Does not support MT4/MT5; uses a proprietary web and mobile platform — critical technical metrics (execution quality, quote sources) lack independent audits.6. New domain & extremely low trust rating: The domain was registered recently; most security tools give it a ~1/100 trust score and label it a high-risk financial site. |
From its self-positioning, ProFX One positions itself as an online multi-asset trading platform "at the forefront of fintech innovation," claiming to offer a wide range of CFD products including forex, cryptocurrencies, commodities, indices, stocks, and bonds. Its core selling points are its self-developed AI tool TradeGPT, high leverage (up to 1:1000), multiple account types, and "smart trading solutions," primarily targeting retail and active traders in markets such as India, Japan, Australia, the UK, and the UAE.
In summary, while ProFX One appears "high-tech and comprehensive" in its marketing rhetoric and product coverage, it suffers from serious deficiencies in regulatory compliance, fund security, transparency, and user reputation. Overall, it is a high-risk offshore platform unsuitable as a primary trading channel for ordinary investors.
ProFX One, with its "multiple account types + high leverage" configuration, aims to cover different levels from novice users to high-net-worth clients. The following content is compiled based on publicly available information.
| Step | Process Description (Compiled from Official Website & Public Reviews) | FXknows Analysis |
|---|---|---|
| Step 1: Online Registration | Fill in basic information (name, email, phone number, country) on the official website to complete account registration. | The registration process is simple, but mandatory identity verification and compliance review are not emphasized — the initial threshold is low. |
| Step 2: Select Account Type | Choose from account types like Pro Trader / Pro Professional / Pro Market / Pro Honor / Pro Winner in the backend. | Account names are marketing-oriented; detailed terms are insufficiently disclosed, making it hard for investors to accurately understand the actual costs and conditions of different accounts. |
| Step 3: Submit KYC Documents | Upload ID and proof of address; some users report that the identity review process is not strict. | Overly loose KYC procedures may introduce compliance and anti-money laundering risks, while also undermining the platform’s overall credibility. |
| Step 4: Fund & Start Trading | Fund the account via bank card, transfer, e-wallet, or cryptocurrency; trading can begin once funds are credited. | The official emphasizes convenient deposits, but there is significant negative feedback regarding withdrawals — investors should exercise extreme caution. |
Overview of Main Account Types and Conditions (broker_accountTypes)
The following data is compiled from publicly available account information and third-party materials. Actual conditions may be adjusted over time, and investors should refer to the latest disclosures from the platform.
| Account Type | Minimum Deposit (USD) | Max Leverage | Starting Spread (Claimed) | Commission Structure | FXknows Analysis |
|---|---|---|---|---|---|
| Pro Trader | ~100 | 1:1000 | ~2 pips | No fixed commission | A high-leverage account for entry-level users, attracting clients with "low thresholds" — but lacks clear explanations of risk management and execution transparency. |
| Pro Professional | ~500 | 1:500 | ~0.8 pips | No fixed commission | Targeted at experienced traders, but the "zero-commission + low spread" combination is hard to verify in an unregulated environment. |
| Pro Market | ~1,000 | 1:200 | 0 pips | ~$5 per lot | Claimed to suit high-frequency and strategy traders, but user feedback notes issues like slippage and abnormal order execution. |
| Pro Honor | ~5,000 | 1:100 | ~1.2 pips | ~$3 per lot | More oriented toward mid-to-high net-worth clients; actual costs and service quality lack third-party verification. |
| Pro Winner | ~50,000 | 1:50 | ~0.5 pips | Custom commission | A high-threshold account for heavy or institutional clients, but it is hard to qualify as a secure custody option without regulation or audits. |
ProFX One emphasizes "low spreads, low costs, and high leverage" in its advertising, but there are many uncertainties regarding the actual cost structure and execution quality.
| Item | Claimed Information (Compiled from Public Data) | FXknows Analysis |
|---|---|---|
| Spread Range | Claims forex spreads can be as low as 0.1 pips, with some accounts starting at 0 pips. | Without reliable third-party quote comparisons, extremely low spreads are more likely marketing rhetoric. Spread widening and slippage in actual trades are more noteworthy. |
| Commission Structure | Some accounts are commission-free; others charge ~$5 per lot or ~$3 per lot. | Compared to regulated platforms, fees seem attractive on the surface. However, in an unregulated environment, the platform can still hide additional costs via spreads and execution methods. |
| Max Leverage | Up to 1:1000. | Leverage is far higher than the levels allowed by major regulators, significantly amplifying the risk of liquidation and margin calls from short-term volatility. |
| Hidden Fees | User feedback mentions "extra handling fees," "account freezing fees," and "withdrawal surcharges." | There is no unified disclosure standard for fees. Investors should be extremely cautious of unpublicized or newly added fee terms before depositing funds. |
| Item | Information Overview | FXknows Analysis |
|---|---|---|
| Deposit Fees | The platform widely advertises "no deposit fees," with costs charged by payment channels or networks. | Even if the platform doesn’t charge fees, investors should note third-party payment or on-chain fees — and weigh if this is worthwhile given the overall risk of fund recovery. |
| Withdrawal Fees | No unified, transparent fee schedule exists; users have repeatedly reported high withdrawal-related costs in feedback. | The lack of transparent fee standards is a risk signal in itself, and it can easily become a tool for the platform to delay or refuse withdrawals. |
| Account Inactivity Fees | Not clearly disclosed by the official; some external reviews mention potential charges under names like "freezing fees." | Compared to regulated platforms, the fee mechanism is significantly less transparent. Investors cannot easily predict the actual costs of long-term positions or account inactivity. |
ProFX One highlights "multi-asset coverage" as one of its core selling points to meet investors' needs for multi-market speculation on a single platform.
| Asset Category | Official/Public Description | FXknows Analysis |
|---|---|---|
| Forex | Offers multiple currency pairs, covering major, minor, and some exotic pairs. | The number of instruments is basically sufficient for active traders, but in an unregulated environment, quote sources and spread stability cannot be externally verified. |
| Crypto | Supports CFD trading for major cryptocurrencies. | The combination of high leverage and high volatility significantly amplifies risk, and the regulatory framework for crypto assets is even more complex. |
| Commodities | Includes CFD products for bulk commodities and precious metals. | Suitable as a hedging tool for forex positions, but should be used cautiously based on the platform’s execution quality. |
| Indices | Covers stock index CFDs across multiple regions. | Suitable for macro-directional trading, but note that sharp volatility and slippage may occur during market open/close periods. |
| Stocks & Bonds (CFD) | Claims to provide CFDs related to individual stocks and bonds. | Most are over-the-counter derivatives; investors do not hold the underlying assets, so understanding product attributes requires extreme caution in an unregulated context. |
Unlike many brokers that use MT4/MT5, ProFX One promotes its self-developed web and mobile trading platforms and uses the AI tool TradeGPT as its technological selling point.
| Item | ProFX One Information | FXknows Analysis |
|---|---|---|
| Platform Type | Proprietary Web platform and mobile app; MT4/MT5 are not supported. | Proprietary closed systems, lacking third-party code audits and independent quote verification, are prone to issues with execution transparency and reliability. |
| AI Tool (TradeGPT) | Claims to provide real-time trading signals and market analysis via AI algorithms to optimize trading decisions. | Backtest data, model logic, and independent verification reports are not disclosed. Investors cannot judge its authenticity and stability, so over-reliance should be avoided. |
| Execution Quality | The official emphasizes "fast execution, no slippage," but user feedback repeatedly mentions order delays, severe slippage, and concerns about backend interference. | In an unregulated environment, investors cannot verify execution quality through independent institutions. Disputes, if they arise, will be highly difficult to resolve. |
| Stability | Some users report platform freezes or disconnections during critical trading periods. | Technical stability directly impacts trading outcomes. Especially in a high-leverage environment, brief system failures could cause significant account damage. |
ProFX One officially claims to offer multi-channel customer support, but real-world user experience shows that its service quality and problem-solving capabilities are significantly inadequate.
| Channel Type | Information Overview | FXknows Analysis |
|---|---|---|
| Email Support | Public email includes support@profx.one, etc. | The email channel is formally in place, but user feedback notes slow responses or long-term no replies. |
| Instant Messaging | Mainly communicates via Telegram, WhatsApp, etc.; no robust ticket system is available. | Using instant messaging as the main customer service channel is common on high-risk platforms, but it lacks formal archiving of conversation records and compliance constraints. |
| Phone Support | The FCA public notice lists UK phone number 02037692110 and other contact details. | Even with a public phone number, it cannot replace the substantive constraints that regulatory authorities impose on its operations and customer service. |
| User Reviews | Most reviews mention that customer service is active during deposits, but becomes unresponsive or even unreachable when withdrawal or dispute issues arise. | Customer service behavior shows a "heavy on recruitment, light on rights protection" trait, which is significantly different from the service model of reputable licensed brokers. |
You can learn more about us faster and better through our FAQs, and find the answers you need below.
FXKNOWS offers two trading platforms - MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both of these platforms have excellent reputations for usability with intuitive interfaces. However, you shouldn't confuse user-friendliness with low performance. They both offer advanced charting capabilities and high-level analytical tools and are a great fit for all trading levels.
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