Score

1.48 /10
Danger

Tradeprofitweb

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.73

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

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Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Tradeprofitweb · Company summary

General Information & Regulation

Tradeprofitweb is an online broker registered in the United Kingdom, with its real address, founding time, and the company behind it not disclosed to all. It has been verified that Tradeprofitweb is not subject to any regulation. Please be aware of the risk.

Market Instruments

Tradable financial instruments available on the Tradeprofitweb platform include forex currency pairs, commodities, indices. The variety of trading assets offered by this broker is average.

Minimum Deposit

When it comes to minimum deposit, Tradeprofitweb doesnt make this part clear. In most cases, the minimum initial deposit required by most legit brokers will be $100 to $200. However, unregulated or illegal broker would ask traders to deposit more to scam them.

Leverage

Trading leverage is not disclose. As we all know, unregulated brokers tend to offer high trading leverage to attract new traders. However, trading leverage can amplify gains as well as losses, inexperienced traders should take care to use it.

Spreads & Commissions

In terms of spreads and commissions, Tradeprofitweb doesnt make it clear. Unlike regular traders, unregulated brokers always hide their real trading costs to scam traders.

Trading Platform Available

What Tradeprofitweb offers its traders is not the famous and widely recognized MT4 or MT5 trading platform, maybe some web or App trading software. A trustworthy trading platform is pivotal for traders, so legit broker offering Metatrader platform will be better choices.

Deposit & Withdrawal

Tradeprofitweb support traders to fund their accounts through Wire transfer, Visa, Mastercards, while some popular online payments like skrill and Neteller are unavailable.

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