Profiforex Review

About Profiforex

Profiforex is not regulated by any recognized financial authority. Searches of the Belize Financial Services Commission did not return any registration under “Profiforex” or “TIM Group Inc.” (). The broker claims to be regulated by a body called “GURS” (Global Unite Responsibility System), but no such entity appears in any official regulatory registry, and the claim remains unverified ().

The entity operating under the Profiforex brand is TIM Group Inc., claiming headquarters at Corner Hutson & Eyre, Suite 302, Blake Building, Belize City, Belize (). The company states it keeps client funds segregated in “AA+ rated banks” and uses STP/ECN execution via MetaTrader 4 and an in-house platform Mobius Trader 7 (). Liquidity providers are listed as Deutsche Bank, Barclays, UBS, Morgan Stanley, Credit Suisse, CitiBank, BNP Paribas, and HSBC ().

There are numerous reports of withdrawal difficulties and allegations of misconduct. Users describe declined or excessively delayed withdrawals, lack of support responses, and concerns about potential fraud (). Review platforms classify Profiforex as unregulated and caution against use, citing its offshore status and absence of authorization ().

Pros and cons

Pros

• Uses popular trading platforms: MetaTrader 4 and Mobius Trader 7.
• Claims to utilize STP/ECN execution model and segregate client funds in AA+ rated banks.
• Lists major global banks as liquidity providers.

Cons

• No verified regulation from any recognized authority; GURS is unverified.
• Reports of withdrawal issues and lack of client support.
• Negative reputation across multiple review sources.
• Operating jurisdiction (Belize) without confirmed oversight; potential unsafe custody of client funds.