PROMAX

PROMAX is regulated by the US Financial Crimes Enforcement Network (FinCEN) under a Currency Exchange License and holds a full MT5 license. The broker has been operating for 5–10 years. However, its regulatory and license indices are low, and user reports have raised concerns about withdrawals and account handling. Traders should perform their own due diligence.

Yes, PROMAX is regulated by the US Financial Crimes Enforcement Network (FinCEN) with a Currency Exchange License (MSB), license number 31000311259206.

The minimum deposit for PROMAX is not publicly specified.

PROMAX supports MT5 with a full license. It does not support MT4.

Pros: Regulated by FinCEN, holds a full MT5 license, operating for 5–10 years. Cons: Low regulatory and license indices, user reports of withdrawal issues, account deactivation, and IB commission non-payment.

Yes, there are user complaints including withheld profits, account deactivation without notice, and unpaid IB commissions. Mixed reviews also mention execution speed and customer service concerns.

PROMAX is regulated by the US FinCEN, which may allow it to serve US residents. Availability should be confirmed directly with the broker.

The fee and spread structure for PROMAX is not publicly specified. Traders should contact the broker directly for details.

The account types offered by PROMAX are not publicly specified.

The leverage offered by PROMAX is not publicly specified. Leverage amplifies both gains and losses, so the risk can be high. Traders should manage exposure carefully.

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