PROREX LIMITED

PROREX LIMITED holds a regulated status from the Financial Services Commission (FSC) of Mauritius (License No. GB24203352). However, user reports indicate complaints regarding withdrawal delays, and the broker has been operating for only 1-2 years. Traders should exercise caution and conduct their own due diligence.

Yes, PROREX LIMITED is regulated by the Financial Services Commission (FSC) of Mauritius under a Securities Trading License (EP) with license number GB24203352. The regulatory status is listed as 'Regulated'.

The minimum deposit for both the ECN and Standard account types is $100 (or equivalent in other supported currencies).

PROREX LIMITED supports MT5 (MetaTrader 5). It does not currently offer MT4.

Pros: Regulated by the FSC Mauritius; supports MT5; offers ECN and Standard accounts with scalping and EA allowed; multiple deposit and withdrawal methods. Cons: Relatively new broker (1-2 years); user complaints about withdrawal delays; business and license indices are moderate; no Islamic account option.

Yes, there is at least one user complaint (exposure post) regarding a withdrawal request that was not processed, with the user stating they contacted support without effective response. Other users have given positive or neutral reviews, but the withdrawal issue has been reported.

It is not publicly specified whether PROREX Limited accepts clients from the US region. The broker is registered in Mauritius and does not explicitly disclose its availability for US residents.

PROREX LIMITED offers multiple deposit methods including Perfect Money (24 hours), ThunderxPay (1-2 banking days), ERC-20 (24 hours), Upon Request (3-5 banking days), BitPay (24 hours), TRC-20 (24 hours), Apple Pay (24 hours), Local Transfers (1-2 banking days), Credit Card (7-10 banking days), Google Pay (24 hours), and BEP-20 (withdrawal only). Withdrawal processing times vary by method. However, a user complaint indicates delays in processing withdrawals, so convenience may be inconsistent.

PROREX LIMITED offers two account types: ECN and Standard. The ECN account has spreads from 0.0 pips, while the Standard account spread type is 'varies'. Both accounts have a maximum leverage of 1:200, minimum deposit of $100, and support scalping, EA, and lock positions. Neither account offers an Islamic (swap-free) option.

User reviews are mixed. One user posted a negative review (exposure) regarding an unresolved withdrawal request. Another user gave a positive review praising cooperation. A third user gave a neutral review noting efficient bonus processing. The broker's overall WikiFX core score is 5.86 out of 10, indicating average performance.

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