CySECCyprusTier 2Licence number
No number recorded
View licence record- Licence holder
- Held by ProTradeFxt
Not checkedUpdated
At a glance
Regulation on record for ProTradeFxt
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
ProTradeFxt has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for ProTradeFxt, strongest authority first.
1 record
- CySECCyprusTier 2
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by ProTradeFxt
Answered from the register entries on this page.
Most Popular Questions
ProTradeFxt prohibits clients from the USA, North Korea, Iran, and other sanctioned countries. Additionally, some payment methods are unavailable to residents of the US, UK, and Australia due to regulatory restrictions.
ProTradeFxt offers a maximum leverage of 30:1, consistent with CySEC regulations. This leverage limit applies to retail clients trading forex and CFDs.
Yes, ProTradeFxt requires KYC verification, especially for deposits over $1,000 via credit/debit cards and for e-wallet transactions. Verification documents typically include a passport and utility bill to comply with regulatory standards.
The minimum deposit amount at ProTradeFxt is generally $200 USD, but this can vary depending on the payment method. For example, credit/debit card deposits require at least $50, while bank wire transfers require a minimum of $500.
ProTradeFxt offers several funding methods including credit/debit cards, bank wire transfers, e-wallets like Skrill, Neteller, and Perfect Money, as well as cryptocurrency deposits. Fees and processing times vary by method, with some withdrawal delays reported, especially for crypto and Perfect Money.
ProTradeFxt is regulated by the Cyprus Securities and Exchange Commission (CySEC), an onshore regulator in Cyprus. Client funds are insured up to €20,000 under the Investor Compensation Fund. However, the broker is currently flagged as a suspicious clone, which may indicate potential risks.
ProTradeFxt has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
ProTradeFxt holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by ProTradeFxt comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by ProTradeFxt has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
ProTradeFxt has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.