abstrak:Profitlevel, a trading name of BCM Begin Capital Markets CY Limited., is allegedly an STP broker registered in Cyprus that claims to provide its clients with various tradable financial instruments with leverage up to 1:30 and floating spreads from 0.01 pips on the MT5 for Windows and Mac os trading platforms, as well as a choice of six different live account types.
Note: Profitlevel's official website - https://profitlevel.com is currently inaccessible normally.
Profitlevel Review Summary | |
Founded | 2015 |
Registered Country/Region | Cyprus |
Regulation | CySEC |
Market Instruments | CFDs on shares, forex, indices, commodities |
Demo Account | ✅ |
Leverage | Up to 1:30 |
Spread | From 0.01 pips |
Trading Platform | MT5 |
Min Deposit | $1,000 |
Customer Support | Contact form |
Tel: +357 25-123-307 | |
Fax: +357 25 030 026 | |
Email: support@profitlevel.com, info@profitlevel.com | |
Twitter, Instagram | |
Address: 2, Filiou Zannetou, Ground Floor, Office 1, 3021 Limassol Cyprus |
Profitlevel, a trading name of BCM Begin Capital Markets CY Limited., is allegedly an STP broker registered in Cyprus that claims to provide its clients with various tradable financial instruments with leverage up to 1:30 and floating spreads from 0.01 pips on the MT5 for Windows and Mac os trading platforms, as well as a choice of six different live account types.
Pros | Cons |
Regulated by CySEC | Non-functional website |
Diverse tradable products | Conservative leverage |
Demo accounts | High minimum deposit requirement |
Multiple account types | |
MT5 platform | |
Popular payment options | |
No deposit and withdrawal fee |
Yes. Profitlevel is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
The Cyprus Securities and Exchange Commission (CySEC) | Regulated | BCM Begin Capital Markets CY Ltd | Straight Through Processing (STP) | 274/15 |
Tradable Instruments | Supported |
CFDs | ✔ |
Shares | ✔ |
Forex | ✔ |
Indices | ✔ |
Commodities | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit |
Blue | $1,000 |
Bronze | $50,000 |
Silver | $100,000 |
Gold | $350,000 |
Platinum | $500,000 |
Diamond | $1,000,000 |
Profitlevel says to offer a maximum leverage of 1:30 (varies by instrument), while for physical shares, the maximum leverage is up to 1:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Profitlevel claims that the typical spread on physical shares starts from 0.01 pips and the commission on which is 0.75%.
Trading Platform | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows, Mac os | Experienced traders |
MT4 | ❌ | / | Beginners |
Deposit
Deposit Option | Min Deposit | Fee | Processing Time |
Credit/debit cards | $1,000 | ❌ | / |
Bank Transfer | $1,000 | ❌ | / |
Withdrawal
Withdrawal Option | Min Withdrawal | Fee | Processing Time |
Bank Transfer | $0 | ❌ | / |
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