As ProfitsTrade's official website (https://profitstrade.com/en) is unavailable at this time, we could only gather relevant information from other websites to present a rough picture of this brokerage.
General Information
ProfitsTrade says itself to be an online forex brokerage registered in Dominic, offering its clients a series of forex and CFDs trading services. ProfitsTrade offers its clients a total of five trading account options, with a minimum deposit to invest with it of $250. As this brokerage's website cannot be accessed, we were able to obtain only limited information.
According to our verification, ProfitsTrade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.36/10. Please be aware of the risk.
Account Types
With ProfitsTrade, traders can choose from five different trading accounts to meet their individual trading requirements. The five trading accounts are categorized according to their minimum initial deposit requirements, including Bronze, Silver, Gold, Premium, and Islamic.
The most basic account, the Bronze account, asks for an initial deposit of $250, which sounds acceptable. The Silver account and the Islamic account (exclusively designed for Muslim traders) require the same initial deposit, of $500. The Gold and Premium accounts are more suitable for professional and experienced traders and need to be injected into minimum deposits of $1,000 and $10,000, respectively.
Trading Platform
What ProfitsTrade offers is not the advanced MT4 or MT5 trading platform. Please be aware of the risk.
Customer Support
ProfitsTrade's email and phone support service are available to traders with inquiries or problems related to trading. Contact details are listed below:
Telephone:+442037698824
Email: support@profitstrade.com
Company Address: 7 Old Street Roseau DOMINICA
Risk Warning
Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.
Please note that the information contained in this article is for general information purposes only.
2023-03-24 15:29
