This ProTrader review covers the broker’s trading environment, regulatory standing, asset coverage, and account structure. ProTrader is a multi-asset CFD broker offering a proprietary trading platform and competitive spreads, primarily targeting retail clients seeking access to forex, indices, and crypto markets through intuitive tools and flexible leverage.

Regulation and Safety

ProTrader is operated by PTSB Ltd, an offshore entity registered in Saint Vincent and the Grenadines (Reg. No. 25560 BC 2019). It is not licensed by any Tier-1 financial authority such as the FCA, ASIC, or CySEC. As such, clients are not covered by an investor compensation scheme. However, ProTrader states that it adheres to AML/KYC procedures, offers negative balance protection, and uses segregated accounts for client funds.

Execution Model and Trading Platforms

ProTrader uses a No Dealing Desk (NDD) hybrid execution model combining STP and ECN feeds, depending on account type. The broker supports:

• ProTrader Web Platform – a proprietary web-based terminal
• Mobile App – iOS and Android versions

MetaTrader 4/5 is not currently supported. The ProTrader platform includes multi-chart views, economic calendar integration, one-click trading, and customizable dashboards. FIX API is not available.

Markets and Instruments

ProTrader offers CFD trading on over 300 instruments across five asset classes:

• Forex – 50+ currency pairs including majors and exotics
• Indices – US, European, and Asian indices like S&P 500, DAX, Nikkei
• Commodities – Gold, silver, crude oil, and natural gas
• Stocks – US and EU equities as CFDs
• Cryptocurrencies – BTC, ETH, ADA, XRP, DOGE, and others

All instruments are traded as CFDs with variable spreads and margin requirements.

Accounts, Spreads and Leverage

ProTrader offers three core account types:

• Standard: Spreads from 1.6 pips, no commissions, leverage up to 1:500
• Pro: Raw spreads from 0.0 pips, $6 round-trip commission, leverage up to 1:300
• Elite: Custom pricing for high-volume traders, leverage up to 1:100

Islamic (swap-free) accounts are available upon request. The minimum deposit is $250. Stop-out levels range from 20–50% depending on account type.

Funding and Base Currencies

ProTrader supports multiple base currencies including USD, EUR, GBP, and BTC. Accepted funding methods include:

• Credit/Debit cards
• Bank wire transfers
• Skrill, Neteller, Perfect Money
• Cryptocurrency (BTC, USDT)

Deposits are typically processed instantly or within a few hours. Withdrawals are processed within 1–2 business days. Withdrawal fees may apply based on method.

Client Protections and Features

Though unregulated by major authorities, ProTrader implements the following safeguards:

• Negative balance protection
• Segregated client accounts
• Two-factor authentication (2FA)
• Biometric login via mobile app
• Platform-level risk management tools

Institutional and Retail Offering

ProTrader is focused on retail traders but offers semi-professional services via its Elite account. Institutional features such as FIX API, white-label, or liquidity provisioning are not currently available. Copy trading or PAMM/MAM services are not integrated.

Pros

• User-friendly proprietary platform with modern UI
• Wide range of CFDs including crypto and stocks
• High leverage options up to 1:500
• Multiple base currencies and crypto funding
• Swap-free accounts available

Cons

• Offshore registration with no Tier-1 regulation
• No MetaTrader, FIX API, or institutional tools
• Limited transparency on spreads and execution venues
• Withdrawal fees may apply depending on method

Frequently Asked Questions

Is ProTrader a regulated broker?

No, ProTrader is registered in Saint Vincent and the Grenadines and is not regulated by any major financial authority.

What platforms does ProTrader support?

ProTrader offers its proprietary WebTrader and mobile app. MT4 and MT5 are not supported.

Can I trade crypto with ProTrader?

Yes, ProTrader offers CFD trading on multiple cryptocurrencies including BTC, ETH, XRP, and more.

What is the minimum deposit at ProTrader?

The minimum deposit is $250 across all account types.

Does ProTrader support swap-free Islamic accounts?

Yes, Islamic (swap-free) accounts are available upon request.