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Australia
2019 (7 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Propex24
Company Information
Get to know Propex24
Propex 24 GmbH, operating as Propex24, is a financial services company headquartered in Hamburg, Germany. Founded by experienced traders, the company positions itself as an ECN/STP (Electronic Communication Network / Straight Through Processing) broker, emphasizing transparency, fair trading conditions, and direct market access. Propex24 offers trading in a variety of financial instruments, including Forex and CFDs, through popular platforms like MetaTrader. The firm operates as a "contractually bound agent" (tied agent) for the fully licensed ACON Actienbank AG, which means it provides brokerage services under the liability and license of the partner bank.
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