RatingFX: independent rating of Forex brokers
PrivateFX was founded in 2015. One of the largest investment companies Concorde Capital, which is owned by well-known Ukrainian businessman Igor Mazepa, supported opening and development of the broker.
Some of PrivateFX clients came from bankrupted ForexTrend as the broker developed special program 1+1 that allowed to transfer the remaining funds from ForexTrend accounts to PrivateFX.
In addition, the broker offers its clients to trade binary options. All you need to do is to choose an asset, predict the trend – up or down – and select the amount of investment. The operation takes 30 seconds. Profit from the successful transaction is up to 80%.
The company's website states that PrivateFX is included in the top three companies in the CIS with the biggest PAMM system's capital of over $20,000,000. The company works with more than eight thousand clients, including such celebrities as Pavel Bure. The broker was awarded with the following titles:
PrivateFX clients can trade currency pairs, shares, metals, commodities, CFDs and binary options on the MetaTrader4 platform.
Trading account is developed for professional forex traders. The broker provides an opportunity to open an unlimited number of trading accounts if a trader do not have any other similar accounts with zero balance.
Minimum deposit: $20
Leverage: from 1:100 to 1:500
Minimum deal size: 0.01 lot
Automated trading is available
Hedging is prohibited.
PAMM account contains all the main offers of a standard trading account, but also a trader can manage several accounts using own capital and investors’ funds. So, both investors and traders receive additional income.
Minimum deposit: $500
All other conditions are identical to the standard trading account.
Active investor is a service developed by PrivateFX. It contains all the functions of the PAMM account, but the holder of the Active investor account can also receive trading signals from other PAMM managers.
Minimum deposit: $10,000
All other conditions are the same as for the PAMM account.
If you have already worked with PrivateFX, leave your feedback about the broker.
PrivateFX 3/10 (votes 2192)