Score

1.45 /10
Danger

FX-Profit Trade

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.52

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

Broker Information

More

Company Name

FX-Profit Trade

Company Abbreviation

FX-Profit Trade

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

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
FX-Profit Trade · Company summary

General Information

FX-Profit Trade is allegedly an American broker registered in the USA and Panama that provides its clients with a brand new online trading platform, risk- free bitcoin investment products, as well as a choice of four different investment plans and 24×7 customer support services.

Market Instruments

FX-Profit Trade advertises that it mainly offers risk- free bitcoin investment products, cryptocurrencies and forex currency pairs trading as well.

Investment Plans

There are four investment plans offered by FX-Profit Trade, namely Silver Package, Gold Package, Diamond Package and Expert Package. Starting a Silver Package requires the minimum investment amount of $500, while the other three investment plans with the minimum initial capital requirements of $1,200, $5,000 and $10,000 respectively. The maximum investment is $1000, $4,999, $9,999 and $100,000 separately.

Commissions

FX-Profit Trade offers its clients two level referral commissions. If someone registers through your referral link, then they become your referral and you will get 10% commission for the first level, while the second level referral commission is 15%.

Deposit & Withdrawal

From the logos showed at the bottom of home page on FX-Profit Trades official website, we found that this broker seems to accept deposit and withdrawal via Perfect Money, Bitcoin and Payeer. The minimum withdrawal amount is 0.0005 BTC and there is no maximum withdrawal limit. The broker also charges a withdrawal fee of 10% of your total sum profit. As for the processing time, deposit is automatically added after 3 network confirmations for cryptocurrencies like Bitcoin but for Perfect Money and Payeer this be add as soon as you paid funds. While withdrawal requests usually can be processed within 24 hours.

Deposit

Customer Support

FX-Profit Trades customer support can be reached through telephone: 17073684779, email: support@fx-profittrade.com or Fill up “Contact Form” to get in touch. Company head office: Sundown Lane, Austin, Texas, TX 78749.

User Reviews

More

User comment

3

Comments

Write a review

FX23456780
more than one year
But there are a couple of downsides. First of all, they don't have a lot of payment options, which is kind of a pain. Also, they don't offer a lot of educational resources, so if you're new to trading, you might have to look elsewhere for help.
But there are a couple of downsides. First of all, they don't have a lot of payment options, which is kind of a pain. Also, they don't offer a lot of educational resources, so if you're new to trading, you might have to look elsewhere for help.
Translate to English
2023-04-06 10:31
Reply
0
0
FX23456780
more than one year
So, I tried out FX-Profit Trade, and it's not too bad, but it's not great either. On the plus side, they only require a small deposit, which is great for someone like me who's just starting out. The commission rates are pretty competitive, so that's another good thing. The trading platform is pretty user-friendly, which is great because I'm not very tech-savvy. It's easy to navigate and I was able to figure out how to place trades pretty quickly.
So, I tried out FX-Profit Trade, and it's not too bad, but it's not great either. On the plus side, they only require a small deposit, which is great for someone like me who's just starting out. The commission rates are pretty competitive, so that's another good thing. The trading platform is pretty user-friendly, which is great because I'm not very tech-savvy. It's easy to navigate and I was able to figure out how to place trades pretty quickly.
Translate to English
2023-04-06 10:30
Reply
0
0
2