MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
Runs on
- Windows
- Mac
- Web
- Android
- iOS
Details
Is WinproFx a scam?
Wikilix independent safety report
93%Scam risk
Confirmed scamConfidence: HIGH
1.5/5Safety rating 1.5 out of 5
Yes. WinproFx shows every mark of an unlicensed offshore trading scam, and Indian cyber police are actively investigating the platform for fraud. It holds no financial or forex licence anywhere . The…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIdentity & transparency8/10 · CriticalWithdrawals & conduct10/10 · CriticalReputation10/10 · CriticalWebsite claims9/10 · CriticalOperational history5/10 · Moderate
Editorial review
Broker Summary
What Wikilix has recorded about WinproFx: its history, the licences it holds, its trading conditions and its fees.
WinproFx Broker Overview
Introduction
WinproFx is a recently established online trading broker offering access to forex, indices, commodities, cryptocurrencies, and precious metals. The broker emphasizes advanced technology and a broad portfolio to cater to traders seeking diverse trading opportunities. Despite its claims of nanosecond execution speeds and MetaTrader 5 platform support, WinproFx’s regulatory standing and transparency have raised concerns.
Background and History
Operator: WINPROFX Limited
Incorporation: May 18, 2023, Saint Lucia
Business Registration: FSRA of Saint Lucia, effective May 23, 2023
Registered Address: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia
Alternate Address: CT House, Office 9A, Providence, Mahe, Seychelles
The broker claims over 30 years of market experience, contrasting with its recent registration date. Platform development is linked to WINPRO TECHNOLOGY L.L.C in Dubai, UAE, indicating a multinational structure.
Key Features and Offerings
WinproFx provides access to over 300 trading instruments across multiple asset classes:
Forex currency pairs
Global indices
Commodities (oil, natural gas)
Cryptocurrencies
Precious metals (gold, silver)
Platform and Execution:
Nanosecond execution speed
MetaTrader 5 (MT5) for desktop, web, and mobile
KYC verification required (ID + proof of address within 3 months)
Regulatory Compliance and Licensing
Regulator | License Number | Status |
|---|---|---|
Financial Services Regulatory Authority (FSRA), Saint Lucia | 2023-00197 | Business Registration (Not full financial license) |
Note: Saint Lucia is an offshore jurisdiction with lenient regulatory requirements, posing increased risks compared to top-tier regulators.
Trading Conditions and Platform Technology
Trading Conditions
Limited public information on spreads, leverage, minimum deposits, or commissions. Transparency in cost structures is lacking.
Platform Technology
Feature | Details |
|---|---|
Trading Platform | MetaTrader 5 (MT5) - Desktop, Web, Mobile |
Execution Speed | Nanosecond execution claims |
Mobile App | Available on Google Play; secure sessions; no sensitive key storage |
KYC/AML | Integrated verification tools; ID and proof of address required |
Fee Structure
Note: Lack of transparency makes it difficult for traders to assess total trading costs.
User Experience and Market Reputation
Limited verified reviews and mixed reputation
WikiBit safety rating: 4.53/10 (moderate to high risk)
Reported withdrawal issue in 2025: $20,000 withdrawal ignored, account zeroed, communication ceased
Social media influence primarily in India
Recent Developments
2025: Tutorial video on email verification
2025: Major scam complaint regarding withdrawal dispute
No other significant updates or announcements in 2024–2025
Conclusion
WinproFx is a new broker offering a wide range of trading instruments via the MetaTrader 5 platform. Despite claims of high-speed execution and a broad product offering, key concerns remain:
Limited transparency in fees and trading conditions
Offshore regulatory environment
Reported withdrawal disputes and mixed user feedback
Traders should exercise caution and conduct thorough due diligence before engaging with WinproFx.
Regulation check
Regulatory Licenses
We have not confirmed any regulation for WinproFx. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for WinproFx. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
3 account types on record. Minimum deposit from USD 10. Leverage up to 1:500.
3 account types
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| Standard | USD 10 | 1:500 | No commission |
| ProVIP | USD 2,500 | 1:500 | No commission |
| ECN | USD 5,000 | 1:500 | Up to $3.50 per side per lot |
Deposits & withdrawals
Funding Methods
5 ways to fund an account. 4 credit instantly.
5 methods
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| VisaCredit Card1 | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
| MasterCardCredit Card1 | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
Bank TransferBank TransferWithdrawals must be made to the same bank account used for deposit; processing Monday-Friday 9am-6pm Labuan time; account verification required. | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Up to 3 days |
E-WalletsE-WalletWithdrawals must be made to the same e-wallet used for deposit; processing Monday-Friday 9am-6pm Labuan time; account verification required. | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
BitcoinCryptocurrencyWithdrawals must be made to the same crypto wallet used for deposit; processing Monday-Friday 9am-6pm Labuan time; account verification required. | Not recorded | Not recorded | USD 10 | Not recordedNot recorded | Instant |
Broker's notes on these methods
- Withdrawals must be made to the same card used for deposit; processing Monday-Friday 9am-6pm Labuan time; card issuer fees possible; account verification required. · applies to 2 methods
Trading software
Trading Platforms
One trading platform on record: MetaTrader 5.
1 platform
Websites
Global Domains
3 domains on record. All active and served over HTTPS.
3 domains
Legal entities
Corporate Network
2 legal entities behind the WinproFx brand.
2 entities
- WINPROFX LimitedActiveSaint Vincent and the GrenadinesRegistration 2023-00197Established May 18, 2023
- WINPRO TECHNOLOGY L.L.CActiveUnited Arab Emirates
Company registry check
Company Registration
WinproFx names WINPROFX Limited as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- WINPROFX Limited
- Registration number
- 2023-00197
- Jurisdiction
- Saint Lucia
- Registry
- Saint Lucia Registry of Companies and Intellectual Property (ROCIP)
- Registered address
- P.O. Box 838, Castries, Saint Lucia
Peer comparison
Brokers worth comparing
3 other brokers on the record share what WinproFx offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
WinproFx
This recordSaint Vincent and the Grenadines · since 2023Wikilix score 20.0RegulationNo RegulationMax leverage1:500Platforms1LicencesNot recordedWisdom
Saint Vincent and the Grenadines · since 2020· Wisdom Technology Services LimitedWikilix score 20.0RegulationRegulatedNFAMax leverage1:500Platforms1Licences1Ultima Markets
Mauritius · since 2016· Ultima Markets (Mauritius) LtdWikilix score 20.0RegulationRegulatedFCAMax leverage1:2000Platforms3Licences3Windsor Brokers
Seychelles · since 1988· Windsor Brokers International LtdWikilix score 20.0RegulationRegulatedCySECMax leverage1:2000Platforms3Licences5
Frequently Asked Questions
Frequently Asked Questions
Common questions about WinproFx
Most Popular Questions
WinproFx requires account verification before processing withdrawals. Withdrawals must be made to the same payment method used for deposits, such as the same credit card, bank account, e-wallet, or crypto wallet. Processing times vary by method and are generally handled Monday to Friday during business hours.
WinproFx provides customer support in English through live chat available during business hours, email at support@winprofx.com, and phone contact. They also maintain social media profiles on Facebook, LinkedIn, Instagram, and YouTube for additional communication.
The minimum deposit at WinproFx is $10 USD for the Standard account type. Higher minimum deposits apply for Pro and ECN accounts, with $2,500 and $5,000 respectively. Deposits can be made via various methods including credit cards, bank transfers, e-wallets, and Bitcoin.
WinproFx offers the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows devices. MetaTrader 5 supports trading Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
WinproFx is not regulated by any major financial authority. It holds a license registered in Saint Vincent and the Grenadines, which is not considered a regulated jurisdiction. Users should be aware of this when considering the broker.
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