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/10

ProfitsTrade

Dominic Dominic | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://profitstrade.com/en

Website

Rating Index

Contact

+442037698824
https://profitstrade.com/en
7 Old street Roseau DOMINICA

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Dominic
Operating Period
5-10 years
Company Name
ProfitsTrade Ltd
Email
support@profitstrade.com
Contact Number
+442037698824
Account Info
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • profitstrade.com
    134.122.77.124
    Server Location
    Germany Germany
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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ProfitsTrade

Related Companies

PROFITS TRADE LTD(United Kingdom)
United Kingdom
PROFITS TRADE LTD(United Kingdom)
Deregistered
United Kingdom
Registration No.12603690
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

Note: ProfitsTrade's official website: https://profitstrade.com/en is normally inaccessible.

ProfitsTrade Information

ProfitsTrade is an unregulated brokerage company registered in Dominic. While the broker's official website has been closed, so traders cannot obtain more security information.

ProfitsTrade Information

Is ProfitsTrade Legit?

ProfitsTrade is not regulated, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is ProfitsTrade Legit?
Is ProfitsTrade Legit?

Downsides of ProfitsTrade

  • Unavailable Website

ProfitsTrade's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since ProfitsTrade does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

ProfitsTrade is not regulated, which is less safe than a regulated one.

Conclusion

ProfitsTrade Since the official website cannot be opened, traders cannot get more information about security services. In addition, the unregulated status indicates that the broker's trading risks are high. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is ProfitsTrade safe and reliable?

ProfitsTrade presents a high-risk profile for traders. According to WikiFX data, the broker holds no valid regulatory licenses from any recognized financial authority. The overall WikiFX score of 1.54 reflects significant concerns regarding its operational legitimacy and the safety of client funds. Operating without regulatory oversight means it lacks the standard client protection frameworks, such as segregated accounts and compensation schemes, typically found with regulated entities.

04-13
United States

Is ProfitsTrade regulated?

No, ProfitsTrade is not regulated. WikiFX assessment indicates the broker, ProfitsTrade Ltd, does not hold any valid forex trading licenses from major regulators like the FCA, ASIC, or CySEC. The entity is registered in Dominic and operates without credible oversight from a recognized financial authority.

04-13
United States

What is the minimum deposit of ProfitsTrade?

ProfitsTrade offers a tiered account structure with varying minimum deposits. The Bronze Account, its most basic offering, requires a minimum deposit of $250. Requirements increase with higher-tier accounts: the Silver and Islamic Accounts start at $500, the Gold Account at $1,000, and the Premium Account at $10,000.

04-13
United States

Does ProfitsTrade support MT4 or MT5?

Platform support information for ProfitsTrade is not explicitly listed in its public specifications. The broker has not officially disclosed whether it provides access to the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Prospective clients should seek direct confirmation from the broker regarding its supported trading software.

04-13
United States
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