ETH Profits: reviews and overview of the online broker.
ETH Profits is a British company that provides intermediary services in various financial markets, including cryptocurrency. Despite the lack of extensive information about the company and a small number of reviews, we conducted an analysis of ETH Profits’ activities to assess the attractiveness of cooperation.
Information and Status Verification
The website ethprofits.com may cause difficulties in finding the necessary information due to its poor structuring, lack of Russian localization, and inconsistency in sections. The site lacks specifics, even legal documents are ambiguously drafted. For example, they do not provide information about the company’s jurisdiction and details. The address in London listed on the website is not found in the kingdom’s trade registry, raising doubts about the company’s legitimacy.
It seems that the legend of the company’s British origin is not confirmed. The absence of reviews from traders abroad, domain registration by an anonymous entity, and a fake email address suggest that ETH Profits may be a one-day project created for deception.
Activities and Regulation
The company’s website does not mention the presence of licenses, which is a serious violation considering the prohibition on providing services without the approval of the local regulator in many countries. Checking the British FCA registry did not show any permissions for ETH Profits.
Based on the available information, the company claims to operate in 30 countries worldwide, including Russia, although ETH Profits does not have licenses from the Central Bank of Russia. Brokers operating without a license often turn out to be scammers, so caution should be exercised.
Cooperation Terms
ETH Profits targets novices in trading, offering training and an easy start. Among the company’s advantages are leverage up to 1:100, a welcome bonus, a referral program, two trading platforms, and a loyalty program. However, some conditions, such as minimum deposit and transaction restrictions, may be hidden by scammers.
Based on the provided data, ETH Profits offers terms that may indicate a scam project. Potential clients should be vigilant and carefully study the cooperation terms before investing funds.
Reviews and Reputation
As the company has only recently entered the market, there are not many reviews about it yet. However, the existing feedback indicates possible problems for clients.
Conclusions
An expert review shows that ETH Profits, without registration and a license from the regulator, may pose a risk to investors. Therefore, before deciding to cooperate with this broker, it is important to thoroughly study all aspects and make an informed decision.