Broker review: Profit Trade – reviews of money loss
About Profit Trade and its trading conditions
Profit Trade appeared on the market in 2017 and has already gathered a certain amount of reviews and clients. Questions arise regarding the company’s reliability. Let’s consider whether it is worth investing in Profit Trade and what its trading conditions are.
Description of trading conditions and company benefits
Profit Trade trades in the Forex market and also offers the opportunity to trade cryptocurrencies, precious metals, and stocks of various companies. The company offers a choice of six types of trading accounts, starting with a minimum deposit of $250. Spreads depend on the selected account type.
- Overall trading comfort regardless of trading type;
- Transparency;
- Accelerated deposit withdrawals;
- Cybersecurity;
- Approximately 200 exchange commodities.
Trading account options
The following types of accounts are available in Profit Trade:
- Educational – educational account with a deposit of $250;
- Standard – standard account with a deposit of $2,500;
- Premium – account for experienced traders with a deposit of $20,000;
- VIP – premium account with enhanced functionality and additional benefits;
- Tailored – account with individual customization to meet trader’s needs;
- Robot – account for automated trading using a bot platform.
Registration process on the Profit Trade website
To start collaborating with Profit Trade, you need to register on the website, fill in the necessary data, and go through the verification process. It is important to note that trading is available to all legal adults.
Profit Trade is not recommended for investments due to suspicious practices and lack of evidence of its fairness. It is better to rely on trusted sources of information about trading and investments.