Score

1.33 /10
Danger

Profit Studio

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.62

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Profit Studio · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument cryptocurrencies
Account Type Starter, Premium, Professional and Heroic plan
Demo Account N/A
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit $500
Deposit & Withdrawal Method N/A

Profit Studio presents itself as a solution for creating an investment management platform. It is registered in the United States that claims to provide its clients with cryptocurrency trading via four different investment packages. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that Profit Studio currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.03/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Profit Studio advertises that it mainly offers cryptocurrency trading, such as Bitcoin and others.

Investment Packages

Profit Studio claims to offer four types of investment packages, namely Starter, Premium, Professional and the Heroic plan. The minimum deposit amount is $500 for the Starter, $10,000 for the Premium, $100,000 for the Professional, and 1 BTC for the Heroic plan.

Investment Packages

Bonuses

Profit Studio also claims to offer a Gift Bonus, which varies on the account type. For instance, $10 for the Starter, $20 for the Premium, $30 for the Professional and $100 for the Heroic plan.

Customer Support

Profit Studios customer support can be reached by telephone: +1 3018744302, email: support@profitstudio.net, live chat or send messages online to get in touch. Company address: 548 Market Street, San Francisco, United States.

Pros & Cons

Pros Cons
• Multiple investment packages • No regulation
• Lack of transparency

Frequently Asked Questions (FAQs)

Q 1: Is Profit Studio regulated?
A 1: No. It has been verified that Profit Studio currently has no valid regulation.
Q 2: What is the minimum deposit for Profit Studio
A 2: The minimum initial deposit at Profit Studio to start a Heroic plan is only 1 BTC.
Q 3: Is Profit Studio a good broker for beginners?
A 3: No. Profit Studio is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

User Reviews

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Comments

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messl
more than one year
Profit Studio guides you to lose your investment, they just want you to put in more money so they get a higher commission. Because I lost my money from the recommendation the first day, they asked me to match another deposit with the same in the form of a bonus. I didn't realize this was a gimmick until my friend made me realize I was being ripped off.
Profit Studio guides you to lose your investment, they just want you to put in more money so they get a higher commission. Because I lost my money from the recommendation the first day, they asked me to match another deposit with the same in the form of a bonus. I didn't realize this was a gimmick until my friend made me realize I was being ripped off.
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2023-03-21 17:36
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FX1100542641
more than one year
Seriously, I think if a company can't provide multilingual services, then simply don't provide them. What's the use of putting a Google Translate on your website? Doesn't the user's own browser have a translation function?
Seriously, I think if a company can't provide multilingual services, then simply don't provide them. What's the use of putting a Google Translate on your website? Doesn't the user's own browser have a translation function?
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2022-12-06 18:28
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