Probis

Probis is an Australian-based trading platform that traces its origins back to 2009, though it was formally registered on 31 March 2021. The company is headquartered at Suite 01, Level 11, 219-227 Elizabeth Street, Sydney, NSW 2000. It positions itself as a multi-asset broker, providing access to forex, commodity CFDs, and securities CFDs. Traders can choose between live accounts for real trading and demo accounts for practice.

The broker holds an Australian Financial Services Licence (AFSL) issued by the Australian Securities and Investments Commission (ASIC), with a Market Making (MM) authorisation. However, the current status of this licence is not specified in publicly available records. ASIC is a reputable regulator known for its stringent oversight of financial services, but the lack of clarity on the licence status may raise questions for some traders.

Probis is regulated by the Australian Securities and Investments Commission (ASIC), which oversees a wide range of financial services in Australia. The licence authorises the firm to engage in market making activities, a common model for CFD brokers. However, ASIC’s register does not indicate whether the licence is current, suspended, or cancelled. This uncertainty is a notable point for traders who prioritise regulatory transparency.

Australia’s regulatory environment for retail forex and CFD brokers has become increasingly stringent in recent years, with leverage caps and product intervention measures in place. As an ASIC-licensed entity, Probis would be required to comply with these rules, including restrictions on leverage for retail clients and mandatory negative balance protection. The firm’s adherence to these obligations cannot be independently verified based on the limited public information available.

According to the company’s description, Probis offers a diverse range of financial instruments. These include forex pairs, commodity CFDs (such as gold, oil, and agricultural products), and securities CFDs (covering shares of major companies). This product suite is typical of retail CFD brokers and allows traders to speculate on price movements without owning the underlying asset.

The specific list of available instruments, such as the number of forex pairs or the depth of commodity offerings, is not detailed in the known facts. Similarly, details on contract sizes, margin requirements, and swap rates are absent from the public record. Traders interested in specific markets may need to contact the broker directly for more information.

Probis offers two main account types: a Live Account funded with real capital, and a Demo Account for risk-free practice. The live account is intended for traders who are ready to engage in real market conditions, while the demo account allows beginners and experienced traders alike to test strategies without financial exposure. The broker does not publicly specify whether there are multiple tiers of live accounts (e.g., standard, premium, Islamic) or different minimum deposit requirements.

Information about the trading platform is not provided in the known facts. Most CFD brokers offer popular platforms such as MetaTrader 4 or 5, proprietary web-based platforms, or cTrader. Without official details, it is unclear what platforms Probis supports. This omission may be a significant factor for traders who have platform preferences.

The known facts do not include any information about deposit and withdrawal methods at Probis. Typically, Australian brokers accept bank transfers, credit/debit cards, and e-wallets like PayPal or Skrill. The absence of this information in the public domain means traders must rely on direct inquiry to the broker to understand transaction costs, processing times, and minimum amounts.

Currency options for accounts are also unspecified. As an Australian broker, it is likely that accounts are denominated in AUD, but multi-currency accounts may be available. Without explicit details, traders should exercise caution and verify all financial terms before committing funds.

Probis appears to target a broad audience, from beginners (through its demo account offering) to experienced traders looking for forex and CFD exposure. The Australian base and ASIC regulation may appeal to traders within the region, though the unclear licence status could be a deterrent for risk-averse individuals. The broker does not explicitly indicate whether it accepts international clients, but as an ASIC-licensed Australian firm, it may face restrictions on offering services to certain jurisdictions.

The company’s LinkedIn presence suggests some level of professional engagement, but the overall online footprint is minimal. Traders who prioritise strong brand recognition and extensive user reviews may find Probis lacking in social proof. The FXCanary Scam Risk Score of 28/100 (Guarded) reflects these concerns, indicating that while no immediate red flags are present, the limited public information warrants caution.

In summary, Probis is an Australian CFD broker regulated by ASIC, offering forex, commodities, and securities CFDs via live and demo accounts. The firm lacks a publicly available official website, which is unusual for a financial services provider and limits independent verification of its claims. Traders considering Probis should conduct thorough due diligence, including contacting the broker directly for up-to-date information on its licence status, trading conditions, and platform offerings. The guarded risk score serves as a reminder to approach with caution until more transparency is achieved.