STRIKE PRO

STRIKE PRO is an online forex and CFD broker registered in Saint Vincent and the Grenadines. Founded in 2020, the broker operates under the corporate name Strike Pro and is domiciled at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown. The broker’s official website is strikeprofx.com.

STRIKE PRO presents itself as a multi-asset broker, offering trading in forex, gold, commodities, oil, stocks, and cryptocurrencies. It targets both novice and experienced traders with two account types: a Standard Account and a Cent Account. The broker does not hold any regulatory licence from a recognised financial authority, which is a significant factor for traders to consider.

STRIKE PRO is not regulated by any major financial regulator. Its registration in Saint Vincent and the Grenadines (SVG) does not constitute financial regulation, as the SVG does not oversee forex brokers. The absence of regulation means there is no independent oversight of the broker’s operations, client fund segregation, or dispute resolution mechanisms.

Given the lack of regulatory protection, traders should exercise extreme caution. The FXCanary Scam Risk Score for STRIKE PRO is 75 out of 100, indicating a severe risk level. Potential clients are advised to verify all claims independently and consider the heightened risks of trading with an unregulated entity.

STRIKE PRO offers two main trading accounts: Standard and Cent. The Standard Account requires a minimum deposit of $100 and offers leverage up to 1:500 (according to known facts) or up to 1:100 (according to the website). The Cent Account has a minimum deposit of just $1 and is designed for beginners to trade with smaller amounts. The Cent Account uses a cent denomination where 100 units displayed equal 1 real dollar.

Both accounts are marketed as commission-free with floating spreads. The Standard Account spreads start from 0.5 pips. The maximum number of open positions is 200, and the order size ranges from 0.01 to 500 lots. The broker also claims fast order execution of approximately 0.3 seconds.

The broker primarily offers the MetaTrader 5 (MT5) platform, available for desktop and mobile (Android). The website also mentions MetaTrader 4 for the Cent Account. MT5 provides advanced charting tools, 50 indicators, and the ability to record detailed transaction history.

STRIKE PRO claims to offer a wide range of trading instruments: 107 currency pairs, 147 stocks, 15 cryptocurrencies, and 16 commodities. However, specific contract specifications such as swap rates and contract sizes are not clearly disclosed on the website.

Funding methods include Live Chat transfers, QR code payments (primarily for Thai baht), and cryptocurrencies. The Live Chat method is limited to a maximum of $1,000 per transaction. QR code deposits have a minimum of THB 300 and a maximum of THB 900,000.

Withdrawals are subject to KYC verification levels. Level 1 (basic) allows up to $1,500 per day, Level 2 up to $3,000, and VIP up to $9,000. Processing time is claimed to be within 2 hours after email confirmation. The broker does not disclose any deposit or withdrawal fees.

STRIKE PRO’s low minimum deposit of $1 for the Cent Account makes it accessible to beginners and those with limited capital. The Standard Account suits more experienced traders who can meet the $100 minimum. However, the lack of regulation and high leverage (up to 1:500) may appeal primarily to high-risk-tolerant traders.

The broker’s presence on Facebook and YouTube suggests a focus on retail traders in regions like Southeast Asia, given the Thai baht payment options. Overall, STRIKE PRO is best suited for traders who prioritise low entry barriers and are fully aware of the risks of trading with an unregulated broker.