General Information & Regulation of Probis
PROBIS FINANCIAL SERVICES LIMITED is a financial services provider regulated by the Australian Securities and Investments Commission (Financial Licence No. 338241) and headquartered in Sydney. The main business of PROBIS Financial Services includes OTC derivatives contract trading such as foreign exchange margin and CFDs, as well as asset management with a focus on fixed-income investments.
Market Instruments
Tradable financial instruments offered by Probis include 12 currency pairs (EUR/USD, GBP/USD, EURGBP, GBP/JPY, etc.), commodity CFDs, and securities CFDs.
Minimum Deposit of Probis
There are no fees to open a trading account with Probis, and only one trading account can be opened in the name of the same person - the Probis Auton account. For investors from outside Australia, only USD trading accounts are available. No minimum deposit information is mentioned on Probis website.
Leverage of Probis
The maximum trading leverage is 1:30 for major currency pairs, 1:20 for minor currency pairs, 1:20 for gold, 1:10 for CFD products other than gold, and 1:20 for securities CFDs (major stock markets), and 1:10 for minor stock markets.
Spreads of Probis
The fixed spreads for all 12 pairs of Forex currencies on the Probis platform are fixed 3 pips, for spot gold the spread $0.5/oz, for spot silver $0.05/oz, for crude oil $0.07/barrel, for copper 0.3 cents/lb, for US 30 stock futures CDF 5 pips, for US E-mini SPX500 stock index futures CFD 0.5 pips, UK 100 stock index futures CFD 3 pips, and Hong Kong 50 stock index futures CFD is 10 pips.
Trading Platforms
Probis offers traders a trading platform called Probis Auton, which allows traders to trade Forex, Indices, Precious Metals, and Commodities CFDs 24/7 by simply logging in. The PROBIS AUTON trading platform is currently available on PC, tablet, and mobile, allowing traders to trade anytime, anywhere.
Deposit and Withdrawal of Probis
Probis supports retail traders to deposit funds to their accounts by direct transfer in USD to National Australia Bank, while wholesale clients need to contact the company's staff to obtain the appropriate bank account information. With regard to withdrawals, traders can request them through the trading platform or by calling a Probis service specialist, and withdrawal requests for the same trading day will be processed by the second business day, according to the company. The specific withdrawal fees may vary depending on the amount of the investor's deposit or withdrawal.
