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No Regulation
Score
1.20 /10
Danger
MVProfit
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index4.62
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
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
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Warning: Low score, please stay away!
Previous Detection :
2025-01-05
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: MVProfit's official website: https://mvprofit.com is currently inaccessible normally.
| MVProfitReview Summary | |
| Founded | 2023 |
| Registered Country/Region | Switzerland |
| Regulation | No regulation |
| Market Instruments | Forex, Stocks, Bonds, ETFs, Funds, Options and Futures |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | 2.4 pips (Basic Account) |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Phone: +41225181298 |
| Email: support@mvprofit.com | |
MVProfit Information
MVProfit is a broker registers in Switzerland in 2023, which offers traders the opportunity to trade forex, stocks, bonds, ETFs, funds, options and futures. In addition, there are 5 kinds of accounts and MT4 as a trading platform. But it is currently unregulated.
Pros and Cons
| Pros | Cons |
| 5 kinds of accounts | No regulation |
| MT4 as a trading platform | No access to official website |
| No payment method information |
Is MVProfit Legit?
MVProfit registered its official website in 2023, and MVProfit is currently unregulated.
What Can I Trade on MVProfit?
MVProfit offers trading instruments such as forex, stocks, ETFs, funds, bonds, options and futures, and 35 cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Bonds | ✔ |
| ETFs | ✔ |
| Funds | ✔ |
| Options and Futures | ✔ |
| Precious metals & Commodities | ❌ |
| Indices | ❌ |
Account Types
MVProfit has 5 types of accounts: Basic, Silver, Gold, Platinum, VIP. The maximum amount is between $2,500 and $15,000. Maximum leverage 1:100.
| Account Types | Basic | Silver | Gold | Platinum | VIP |
| Deposits Range | Up to $2,500 | $2,500-$9,999 | $10,000-$74,999 | $75,000-$149,999 | $150,000+ |
| Leverage for Crypto | 1:01 | 1:02 | 1:03 | 1:05 | 1:05 |
| Leverage for Forex | 1:01 | 1:100 | 1:100 | 1:100 | 1:10 |
| Spreads Starting From | 2.4 pips | 2.1 pips | 1.8 pips | 1.4 pips | 0.8 pips |
| Commission | 5% | 4% | 3% | 2.50% | 1.50% |
| Swap 24Hrs | 1.50% | 1.00% | 1.00% | 0.85% | 0.65% |
MVProfit Fees
The starting spread for these accounts ranges from 0.8 pips to 2.4 pips. Commission is charged, ranging from 1.50% to 5%.
Trading Platform
MVProfit offers MT4 as a trading platform where traders can trade directly from the web.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web | All traders |
| MT5 | ❌ |
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