Score

1.49 /10
Danger

ProfitsTrade

Dominic

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.88

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

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Company Name

ProfitsTrade Ltd

Company Abbreviation

ProfitsTrade

Platform registered country and region

Dominic

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ProfitsTrade · Company 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.

User Reviews

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User comment

1

Comments

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Luz19567
more than one year
I wouldn't trust ProfitsTrade with my money because I noticed that they don't have any regulatory license. I've had some bad experiences in the past with unregulated brokers, so I'm not willing to take that risk again. It's important to me to have the peace of mind that comes with knowing my investments are being protected by a reputable regulatory authority.
I wouldn't trust ProfitsTrade with my money because I noticed that they don't have any regulatory license. I've had some bad experiences in the past with unregulated brokers, so I'm not willing to take that risk again. It's important to me to have the peace of mind that comes with knowing my investments are being protected by a reputable regulatory authority.
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2023-03-24 15:29
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