PROFIT Group

An assessment of PROFIT Group (PROFIT Group International Ltd.) indicates a high-risk profile that requires careful evaluation. The broker operates without any valid regulatory licenses, a fundamental safety measure for financial service providers. According to WikiFX data, its overall score is exceptionally low at 1.57, reflecting severe deficiencies across critical areas, including licensing and risk control. The WikiFX assessment also flags the broker's operational region as suspicious. Consequently, engaging with this entity carries significant risks, as client funds are not protected by any recognized regulatory framework.

No, PROFIT Group is not regulated. According to its WikiFX profile, it holds no valid regulatory licenses from any recognized financial authority. The specific field for forex licenses is empty, and the regulatory index score is zero. This means the entity operates entirely outside of formal financial oversight systems, a status that typically elevates risk for traders.

Information regarding the minimum deposit requirement for opening an account with PROFIT Group is not explicitly stated in the available records. Potential traders would need to consult the broker's official channels, if available, for the most current account terms.

Based on the WikiFX evaluation, PROFIT Group's software index is rated at 4.0. While this suggests a basic level of platform capability, there is no definitive public data confirming support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The specific trading terminals offered by the broker are not currently detailed.