Pro-Trader
Pro-Trader
Pro-Trader, as stated, is a British broker that started operating in 2019. According to the company, its headquarters is located at Belgrave Business Centre, 45 Frederick St, Edinburh, United Kingdom. To contact the broker, you can use email, there is no contact phone number. The main page of the official website, available in Russian and English languages, looks as follows.
The broker does not provide information about trading instruments, limiting it to providing access to all markets.
Trading Conditions of Pro-Trader
The company Pro-Trader World does not offer traditional types of accounts, instead dividing clients into three categories.
The first category is “Standard Clients.” The trading conditions are as follows:
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minimum deposit Pro-Trader – 10 thousand euros,
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account maintenance commission – 90 EUR,
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standard spreads,
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loan interest rate – 24 percent,
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deposit interest rate – 2 percent,
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minimum position size – 25 EUR,
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maximum position size – 500/5000 EUR,
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bonus up to 100%.
The second category of clients is called “VIP.” The trading conditions here are:
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minimum deposit – from 10 thousand to 50 thousand EUR,
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account maintenance commission – 50 EUR,
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improved spreads,
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loan interest rate – 12 percent,
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deposit interest rate – 4 percent,
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minimum position size – 50 EUR,
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maximum position size – 1000/10000 EUR,
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bonus up to 125%.
The most advanced category is “Premium Clients,” with the following trading conditions:
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minimum deposit – from 50 thousand EUR,
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account maintenance commission – none,
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minimum spreads,
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loan interest rate – 6 percent,
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deposit interest rate – 6 percent,
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minimum position size – 50 EUR,
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maximum position size – 1500/15000 EUR,
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bonus up to 150%.
As for trading platforms, there is little specific information on the website, not even the name of the trading platform. However, the broker promises to provide innovative tools for market analysis and trading at a new level. Instant trade execution is also promised. Pro-Trader does not provide information about the need to install software on a PC or the availability of a mobile version.
Deposits and Withdrawals from Pro-Trader World
The base currency of the account is the euro. You can use bank cards or “Yandex.Money”/QIWI for deposits. Withdrawals from Pro-Trader World are made using the same methods. Deposits can be made without commissions, but the withdrawal of funds incurs a fee, the amount of which is unknown.
Since the broker offers bonuses for each client category, it is important to know the withdrawal conditions if these bonuses are accepted. They must be worked off, requiring the total trading volume to exceed the bonus rewards by 40 times. Withdrawals are also only available to verified clients.
Conclusion
Among the advantages of the broker Pro-Trader are its British registration and overall clear trading conditions. The company’s disadvantages include the lack of sufficient information about the trading platform and instruments, providing minimal contact details, the absence of a publicly available license, and a high minimum deposit.
To form an objective opinion about this company, it is not enough to just study its website; it is necessary to additionally read reviews about Pro-Trader and carefully review the user agreement.