General Information& Regulation
PROFIT is broker that provides 24-hour trading services of global mainstream financial derivatives for investors. It is regulated by Financial Services Authority (FSA) under license number 25446 and Vanuatu Financial Services Commission (VFSC) under license number 40452.
Market Instruments
PROFIT offers investors a range of financial instruments including foreign currency (20+ currency pairs), precious metals, crude oil and stock index.
Accounts & Leverage
There are 3 kinds of account types for investors to choose from at PROFIT, namely Mini (minimum deposit of 100 dollars), Standard (minimum deposit of 1,000 dollars) and VIP (minimum deposit of 5,000 dollars). The maximum leverage is up to 500:1.
Spreads & Commissions
PROFIT offers floating spreads. For Mini account, the minimum spread of EURUSD and USDJPY is 1.4 pips, EURJPY 1.5 pips, GBPUSD 1.6 pips, and EURGBP 1.7 pips. For Standard account, the minimum spread of EURUSD and USDJPY is 0.8 pips, EURJPY 0.9 pips, GBPUSD 1 pips, and EURGBP 1.1 pips. For VIP account, the minimum spread of EURUSD and USDJPY is 0.7 pips, EURJPY 0.8 pips, GBPUSD 0.9 pips and EURGBP 1 pips. The trading commission is for free.
Trading Platform
PROFIT provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform (Windows/Android/iOS), as well as PROFIT APP (Android/iOS).
Deposit & Withdrawal
Clients can deposit via Alipay 24/7. Online deposit can be made through PC website, mobile website or APP. Please note that only debit cards held by the client are supported. Credit cards are not accepted for deposit.
Trading Hours
The trading times at PROFIT depends on the specific market. For example, the Forex market is open 24 hours from 10pm GMT on Sunday to 10pm on Friday. It starts every day in Sydney and then turns to Tokyo market, London market and New York market.
Customer Support
The support team at PROFIT is available 24/7 and can be reached through email info@profit09.com or QQ 800821122.
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