Score

1.39 /10
Danger

Just Pure Profit

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.06

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

Just Pure Profit

Company Abbreviation

Just Pure Profit

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • 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

Just Pure Profit · Company summary

General Information & Regulation

Just Pure Profit is allegedly a suspicious regulated forex broker registered in China that claims to offer its clients a wide variety of tradable assets with leverage up to 1:500 and variable raw spreads from 0.0 pips with no commissions on the industry-standard MetaTrader5 trading platform, as well as a choice of three different live account types.

Market Instruments

Just Pure Profit advertises that it offers CFDs on more than 2,100 instruments across 6 asset classes, including forex, metals, indices, cryptocurrencies, shares and energies.

Market

Account Types

There are three live trading accounts offered by Just Pure Profit, apart from free demo accounts, namely ECN, Elite and Pro. However, the broker didnt directly reveal any information about the minimum initial deposit amount.

Account

Leverage

A leverage ratio of up to 1:500 is offered by Just Pure Profit, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage due to the fact that leverage magnifies gains and losses.

Spreads & Commissions

Just Pure Profit claims that different account types can experience different spreads. The spread on the ECN account starts from 0.0 pips, while the clients on the Elite and Pro accounts can experience spreads from 1.0 pip and 1.5 pips separately. All charging no commissions.

Trading Platform Available

Platforms available for trading at Just Pure Profit are the world‘s most trusted and popular MetaTarder5, available for Windows, MAC, mobile and tablets. The broker also claims to offer the Just Pure Profit Native platform, Metatrader 5 and cTrader, yet we didn’t find anything specific about these trading platforms without login. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Trading
Trading

Trading Tools

Just Pure Profit also says to provide its clients with some trading tools, which include but are not limited to economic & earning calendars, trading calculators and VPS, yet the only information we find is as the below screenshot shows, other more details are not involved directly.

Trading

Deposit & Withdrawal

Just Pure Profit says to work with a variety of payment methods, yet we cannot find anything about it on its official site in the absence of a login.

Customer Support

Just Pure Profits customer support can be reached by telephone: + 4402032900588, Fax: + 4402032900588, email: support@justpureprofit.com. Besides, you can also follow this broker on some social media platforms such as Twitter and Facebook. Company address: 71-75 Shelton Street Covent Garden, London, WC2H 9JQ, United Kingdom.

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FX1230998294
more than one year
ForexBank is an absolute scam!! The information is not transparent at all, you can only see more by logging in. No regulated legal broker would do that. The worst people I have ever interacted with - do not waste your time and money!!
ForexBank is an absolute scam!! The information is not transparent at all, you can only see more by logging in. No regulated legal broker would do that. The worst people I have ever interacted with - do not waste your time and money!!
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2023-02-16 11:47
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