Probit Finance is a Contracts for Difference (CFD) broker with a domain name registered on January 28, 2024. The broker primarily offers investment services in foreign exchange, digital currencies, precious metals, commodities, and funds to retail and institutional clients. It does not provide services to countries and regions where doing so might violate local laws or regulations.
Corporate Registration and Regulatory Status
According to information on Probit Finance's official website, the broker’s services are regulated by financial authorities under U.S. jurisdiction. However, their terms of service page states that any litigation arising from the website’s terms must be conducted in Austrian courts, and only in Austrian courts.
Upon verification, neither the U.S. National Futures Association (NFA) nor the U.S. Securities and Exchange Commission (SEC) list Probit Finance as a registered entity. Similarly, the Austrian Ministry of Justice's website does not have any registration information for this company.
Therefore, Probit Finance is essentially a fraudulent website with false advertising and no regulatory oversight.
Account Opening Process
The account opening process for Probit Finance trading accounts is as follows: Open the broker’s website, click on “REGISTER NOW” on the homepage or “Join Now” at the top right corner to enter the account registration page. Fill in personal information such as name and email, and set a login password as required. After submitting, verify your account to complete the registration.
Investment Plans
Probit Finance offers four different types of investment packages: Start Plan, Premium Plan, Silver Plan, and Gold Plan. Additionally, the broker provides three matching investment plans: PLAN A, PLAN B, PLAN C.
Start Plan:
- Trading Duration: 5 days
- Minimum Deposit: $100
- Maximum Deposit: $9,999
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 2%
Premium Plan:
- Trading Duration: 5 days
- Minimum Deposit: $10,000
- Maximum Deposit: $29,999
- Referral Bonus: 7%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 2.5%
Silver Plan:
- Trading Duration: 5 days
- Minimum Deposit: $30,000
- Maximum Deposit: $49,999
- Referral Bonus: 9%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 3%
Gold Plan:
- Trading Duration: 5 days
- Minimum Deposit: $50,000
- Maximum Deposit: No Limit
- Referral Bonus: 12%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 3.5%
PLAN A:
- Trading Duration: 30 days
- Minimum Deposit: $10,000
- Maximum Deposit: $29,999
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 6%
PLAN B:
- Trading Duration: 30 days
- Minimum Deposit: $30,000
- Maximum Deposit: $49,999
- Referral Bonus: 7%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 8%
PLAN C:
- Trading Duration: 30 days
- Minimum Deposit: $50,000
- Maximum Deposit: No Limit
- Referral Bonus: 9%
- Enhanced Security
- 24/7 Dedicated Support Service
- Daily Return Rate: 10%
Trading Platform
Probit Finance offers a proprietary trading platform to users but provides no detailed introduction, and it is limited to web access only.
Deposit and Withdrawal
Probit Finance supports various cryptocurrencies for deposits and withdrawals.
Conclusion
Traderknows reminds investors that Probit Finance is a scam broker that entices investors with promises of high returns, but in reality, it is not regulated. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for investment trading activities to avoid unnecessary financial loss.
Currently, this broker is marked as "Scam" on Traderknows.
