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Regarding the legitimacy of PROFIT forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC,FSPR,VFSC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Business

Influence E

Risk Control

Risk Manage

Is PROFIT safe?

The regulatory license is the strongest proof.

ASIC Appointed Representative(AR)

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Appointed Representative(AR)

Licensor:

BaileyHenry Capital Group Pty Ltd

Australia ASIC Institution FX (STP)

Licensed Institution:
PROFIT MARKETS PTY LTD
Effective Date:
2019-09-09
Email Address of Licensed Institution:
cs@baileyhenry.com
Sharing Status:
No Sharing
Website of Licensed Institution:
http://www.baileyhenrycapital.com/
Expiration Time:
2022-02-25
Address of Licensed Institution:

1 342 Forest Rd Hurstville NSW NSW
Phone Number of Licensed Institution:
0451913349
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

FSPR Financial Service Corporate

Financial Service Providers Register

Regulatory Agencies Introduction

Current Status:

Revoked
License Type:
Financial Service Corporate

Licensed Institution:
PROFIT GROUP GLOBAL MARKETS LIMITED
Effective Date:
2018-10-17
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
2019-08-29
Address of Licensed Institution:

648 Dominion Road Mount Eden Auckland 1041
Phone Number of Licensed Institution:
0221935826
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

VFSC Retail Forex License

Vanuatu Financial Services Commission

Regulatory Agencies Introduction

Current Status:

Offshore Regulated
License Type:
Retail Forex License

Licensed Institution:
Profit Markets Limited
Effective Date:
2024-03-22
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

--
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

Is PROFIT a scam, or is it legit?

The latest exposure and evaluation content of PROFIT brokers.

Unable to log in

I have deposited tens of thousands of dollars, but now I cannot log in. Can anyone solve this problem?

Puluohui was closed

I was blocked from the website.

Using psychologocal tactics to lose me five thousands dollars

This company change the name of app in app store, causing me a huge loss. Everyone does not invest anymore. This is scam.

PROFIT

There is a severe slippage in PROFIT. Slag. Every time the trade was finished less than stop limit price but right at the stop loss price.My account was closed. There hasn’t been a response to me since March. My phone number: 185****6887

Use psychological ware. Everyone does not invest anymore, this is a scam

Causing huge loss. This is a scam. All will lose more and more. All the investment are scam.

Slippage and system stuck

There are slippage and system stuck with PROFIT , while the customer service claimed that was normal and shirked the responsibility. It is a simply scam platform. Otherwise, why the take-profit is always below the market?

Unable to log in its app

Seems that they might be absconded.I always feel that this platform is not safe so I play with small funds. the spread is high and the Internet speed problem is very serious. It might be a dealing-desk platform and then I feel unsafe so I withdraw money, but I still watch it frequently. I have not been able to log in directly for these two days. It shows that there is no Internet when I enter it. I can use any other app,but not this one. It seems that it is not far from absconding. Everyone on this platform be careful. I suggest people should withdraw as soon as possible.

The unstable system of PROFIT caused losses.

My order couldn’t be stopped loss due to unstable system, causing losses. Hope PROFIT give me an explanation.

PROFIT's latest industry rating score is 3.38, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. PROFIT If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

Rating Index

Is PROFIT safe?

Is PROFIT a scam, or is it legit?

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