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ETH Profits

China|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.ethprofits.com/

Website

Rating Index

Contact

442038078170
support@ethprofits.com
https://www.ethprofits.com/

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

Contact number

English

442038078170

Other ways of contact

Broker Information

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Company Name

ETH Profits

Abbreviation

ETH Profits

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-20
  • 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

ETH Profits · WikiFX Survey

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ETH Profits · Company Summary

Note: ETH Profits' official site - https://www.ethprofits.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

ETH Profits Review Summary
Registered Country/Region China
Regulation No Regulation
Market Instruments N/A
Demo Account N/A
Leverage N/A
Spread N/A
Trading Platforms N/A
Minimum Deposit €1,000,000 (VIP), €500,000 (PREMIUM), €250,000 (DIAMOND), €100,000 (PLATINUM), €50,000 (GOLD), €25,000 (SILVER), €10,000 (BRONZE)
Customer Support Contact number: + 442038078170
Email: support@ethprofits.com

What is ETH Profits?

ETH Profits is an unregulated trading platform based in China, presenting an array of account tiers varying from a Bronze account necessitating a €10,000 investment up to a VIP account necessitating a €1,000,000 investment. ETH Profits also offers a range of customer support channels, including email and a contact number. However, these do not mitigate the concerns raised by a lack of regulation and transparency.

ETH Profits

Pros & Cons

Pros Cons
  • Multiple Customer Support Channels
  • No Regulation
  • Multiple Account Types
  • Lack of Information

Pros:

  • Multiple Customer Support Channels: ETH Profits provides various customer support channels including phone and email, enhancing accessibility and assistance for clients. However, the unavailability of substantial operating details makes it unreliable because of its unregulated condition and inaccessible website.

  • Multiple Account Types: The platform offers diverse account types, including VIP, PREMIUM, DIAMOND, PLATINUM, GOLD, SILVER, and BRONZE, catering to various trading needs and experience levels.

Cons:

  • No Regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform.

  • Lack of Information: The company's website is non-functional, suggesting a lack of transparency and reliability. The lack of comprehensive information about trading instruments, fees, and account details hinders informed decision-making and fuels suspicion.

Is ETX CAPITAL LTD Safe or Scam?

ETX CAPITAL LTD currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, potential scams, and inadequate consumer protection.

No license

Account Types

ETH Profits provides a tiered structure for its offerings, ranging from a Bronze account at €10,000 up to a VIP account at €1,000,000.

  • - At the Bronze Tier, an investment of €10,000 is required.

  • - The Silver Tier requires a substantial investment of €25,000.

  • - A step up from there, the Gold Tier is available with an investment of €50,000.

  • - The Platinum Tier is accessible with a substantial €100,000 investment.

  • - For those seeking a more exclusive experience, the Diamond tier is offered at €250,000.

  • - A notch higher, at the Premium Level, a € 500,000 investment is necessary.

  • - At the topmost tier, the VIP Level, ETH Profits offers services warranting a €1,000,000 investment.

This tiered structure allows potential investors to select the level of commitment that is most suitable for their investment capabilities and financial goals.

Customer Support

ETX CAPITAL LTDoffers a comprehensive range of customer service options to ensure that clients can easily reach out for assistance or inquiries. However, the unavailability of substantial operating details makes it unreliable because of its unregulated condition and inaccessible website.

  • Telephone: + 442038078170

  • Email: support@ethprofits.com

Conclusion

In conclusion, there are significant concerns pertaining to ETX CAPITAL LTD as a trading platform. The organization is not currently regulated, which is crucial for ensuring safety, fairness, and trustworthiness in the trading industry. Its official website is currently non-functional making it difficult for potential users to find critical information when deciding whether or not to use this broker.

Frequently Asked Questions (FAQs)

Q 1: Is ETX CAPITAL LTD regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: What is the minimum deposit for ETX CAPITAL LTD?
A 2: The minimum initial deposit to open an account is €10,000.
Q 3: Is it safe to trade with ETX CAPITAL LTD?
A 3: No, It is unregulated and does not provide comprehensive information.
Q 4: Is ETX CAPITAL LTD a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

News

WikiFX Fraud Alert: Plz stay away from ETH Profits!!!

ExposureWikiFX Fraud Alert: Plz stay away from ETH Profits!!!

2022-08-25 11:15

The British regulator FCA issued a warning against ETH Profits on August 19th!!!

WikiFX
2022-08-25 11:15
Exposure
WikiFX Fraud Alert: Plz stay away from ETH Profits!!!

Review 7

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