Top Forex Brokers

probusfx review

ProbusFX has successfully re-branded to SquaredDirect in November 2018 and is now defunct.

Reviewed broker: ProbusFX

Operated by Aspide Financial Limited

Established in 2016

Location: Cyprus

Regulation: CySEC

Trading instruments: forex, CFDs, shares, indices, commodities

No dealing desk: yes

Market execution: yes

Account types: classic, standard, premium

Swap free Islamic accounts: available

Demo account: yes

Trading platforms: Metatrader 4

Minimum deposit requirement: $200

Payment methods: not listed on the broker’s site

Variable spreads start from 1.3 pips

Leverage up to 1:100

Automated trading: available

Exert advisors: available

Scalping: allowed

Hedging: allowed

Minimum trade size: 0.01

Negative balance protection

Margin call level: 50%

Stop out level: 30%

Customer support: help centre, live chat (didn’t work at the time of the review), email, phone