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Score
Indonesia
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index6.13
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
ProfitFx Market Incorporated
Company Abbreviation
profitfx
Platform registered country and region
Indonesia
Company website
Company summary
Pyramid scheme complaint
Expose
Note: profitfx's official website: https://www.profitfx.market/index.html is currently inaccessible normally.
Profitfx is an unregulated brokerage company registered in Indonesia engaged in stock, indexes, currencies, metals, oil, gas, and cryptocurrencies. The broker also provides various social media to follow, including Facebook, Twitter, Youtube, Instagram, and Telegram.
After a Whois query, we found that this company's domain name is for sale, which shows that this company has not registered it securely.
Traders cannot access profitfxs official website, which makes profitfx unreliable.
Since profitfx does not explain more transaction information, especially in terms of fees and services, this will bring huge risks and reduce transaction security.
profitfx is not regulated by other institutions, which increases the possibility of fraud.
According to a report on WikiFX, a user encountered huge losses because of the Forex fraud.
On WikiFX, “Exposure” is posted as a word of mouth received from users. Traders must review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.
As of now, there was only one piece of profitfx exposure in total.
Exposure. Risky Investment
Classification | Risky Investment |
Date | 2022-12-10 |
Post Country | Hong Kong |
The user said that there is no safety guarantee for heavy losses. Relevant information is as follows: https://www.wikifx.com/en/comments/detail/202212108002369754.html
Trading with profitfx will be exposed to the risk of property damage because of the inaccessible office website, incomprehensive information, and rugulated status. It is advisable to choose regulated brokers with transparent operationsto ensure the safety of your investments and compliance with legal standards.
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