Prop Firm Fax enters a crowded sector with strong advertising and a standard package. We read every public page - including the ones the marketing does not quote - and scored what we found.
The product is browser-based: AI and algorithmic models analyse markets, surface signals and suggest entries, with automatic or manual execution. Registration is free, the demo runs alongside, and the minimum deposit sits at US$250.
We do not trade on the platforms we review and we take no referral position in the verdict. We read the pages, verify what is verifiable, and score what remains.
Minimum deposit: US$250
No registration charge · Practice account included
What the platform claims
- Free registration, with account activation by confirmation link.
- Risk settings adjustable before the first live trade.
- A partner broker holding funds and executing orders.
- Withdrawals processed in under a day, per the page.
- No prior trading experience required.
What we checked
- The template marks: unfilled placeholders left in the wording.
- The performance story: no verified track record behind the return claims.
- The number reuse: one score figure doing more than one job.
- The deposit terms: minimum amount, payment methods and where the money sits.
- The demo claim: practice account confirmed in the signup flow.
- The payout promise: within-a-day wording without processing detail.
How to start in three steps
Register
Enter your name, email, phone and country, then confirm through the emailed link.
Fund
Fund the account with US$250 - bank cards, transfer, PayPal and Skrill are accepted.
Configure
Set the risk parameters, decide between automatic and manual, and practise on the demo account.
The scorecard
What we like
- A browser dashboard - nothing to install.
- Signals across 10 assets.
- A practice account for learning.
- Simple three-step onboarding.
What to consider
- Restriction lists disagree.
- Unfilled template placeholders.
- No verified track record.
- One figure doing two different jobs.
⚠ Red flags - what gave us pause
- Performance language with no dates attached.
- A broker relationship described in one vague sentence.
- Ownership details missing from the public pages.
The bottom line
SAFE - WITH CONDITIONSWhat we found is a real service wrapped in marketing that outruns its own fine print. Trade the service, not the marketing.
The scorecard settles at 4.5. That is a cautious pass - proceed with the demo first, the minimum deposit second, and treat every payout figure as unproven until you see it yourself.
Ready to get started?
Opening an account is free, the demo works before you fund anything, and the minimum deposit is US$250.
Open Your Free AccountFrequently asked questions
10 crypto assets through broker partners, per the published pages. The list varies between sections, so check the dashboard after signup.
It does double duty - a platform score and an early community response - and neither is independently verified. Treat both as marketing until proven otherwise.
US$250, funded by bank card, bank transfer, PayPal or Skrill. It is trading capital in your balance, not a fee - and it is exposed to market risk once live.
Yes - the platform offers automatic and manual modes, so you can follow the signals or confirm each entry yourself.
The lists conflict - different sections of the site name different countries. Confirm your eligibility with support before depositing.