WorldTradeProfit Review Is Worldtradeprofit.com A Scam

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BROKERS with LOW SPREADS

ASIC REGULATED BROKERS

BROKERS with MINIMUM DEPOSIT

BEST FOREX BONUSES

Profit Trade

Trust

Commissions and fees

Customer Service

Platform & Tools

Product Portfolio

  • High Deposit Limit
  • Unregulated broker, probably scam.
  • MT4 not supported

Regulators :

Minimum Deposit: $250

Maximum Leverage: 1:400

Spreads: N/A

My Score: 2.0

Profit Trade is another new broker that I’m going to review. Their website owned by GPS Marketing Ltd. (Bulgarian company) and they are registered in Sofia Municipality, Bulgaria. Profit Trade is headquartered in Majuro, Marshall Islands like many other unregulated offshore brokers.

There is not much information about the company on their website and it makes me think about Profit Trade may be a scam broker. If you want to contact them Whatsapp, Telegram and Live Chat options are available on the right bottom of the website.

If you are considering to start trading with Profit Trade you should read my review first. Is Profit Trade scam or a reliable broker? What kind of deposit/withdrawal methods and account types they offer? Which trading platform supported by Profit Trading? Let’s get started.

Regulation & Licenses

Profit Trade is a clearly unregulated and unlicensed broker. As I wrote many times before, regulation and safety of your funds should be your first priority while choosing a broker. That’s why being unregulated broker is Profit Trade’s biggest disadvantage. Most respected regulators like FCA, CySEC or ASIC are protecting clients accounts but they have many hard rules. This is why some brokers preferring to get licenses from VFSC or IFSC. And also to avoid new ESMA measures.

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I know, it is hard to obtain licenses from FCA or CySEC. But having no license after all? I strongly don’t recommend you to work with this kind of brokers. Because your money will not be safe and there will be no institution to contact when you experience any problems with the broker you are working with. Spreads, leverage ratio, account types or swaps are important things but they always come after regulation for me.

I would prefer to work with a reliable broker with higher spreads instead of working with a scam broker with lower spreads.

Account Types & Spreads

Profit Trade offers 6 different account types. Educational ($250 minimum deposit limit), Standart ($2500 minimum deposit limit), Premium ($20.000 minimum deposit limit), VIP ($50.000 minimum deposit limit), Tailored and Robot ($5.000 minimum deposit limit).

Account type Minimum deposit Maximum leverage Spread
Educational $250 1:200 Not specified
Standard $2.500 1:200 Not specified
Premium $20.000 1:200 Not specified
VIP $50.000 1:400 Not specified
Tailored Not specified Not specified Not specified
Robot $5.000 1:100 Not specified

I think $250 minimum deposit limit is high and for starting account, leverage ratio they offer is 1:100, for standard account 1:150 and for VIP account 1.400. But as a result, you must deposit $50.000 to unregulated broker in order to use 1:400 leverage. This is not a right choice for me.

For Premium account, they give up to %100 and for VIP account, they give up to %200 of deposit bonus. However, I couldn’t find any conditions of bonuses. You can trade various forex currency pairs, CFD’s, cryptocurrencies, indices and stocks at Profit Trade.

Another big disadvantage of Profit Trade: MetaTrader 4 is not supported. They offer their own web-based trading platform and it looks very simple and lack of features. It may be not a big problem for a new traders but experienced traders will not like it.

Deposit & Withdrawal Methods

Not many different deposit & withdrawal options available at Profit Trade. Only Credit Card, Debit Card and Bitcoin.

World Trade Profit – Bitcoin Investment, Bitcoin Trading, Forex, Stock.

World Trade ProfitOptions is world’s leading cryptocurrency online investment and trading platform that offers Bitcoin trading opt.

Keywords: btc, digital options trading, bitcoin investment, Bitcoin Trading Platform, binary trading platform

Domain created 1 year ago
Latest check 1 week ago

Mywot

Trust N/A
Privacy N/A
Child safety N/A

Siteadvisor

Safety status: Unknown

Google Safe Browsing

This website is not dangerous
Status ok

Alexa

Daily visitors N/A
Daily pageviews N/A
See the neighbouring websites

1 view this month

World Trade ProfitOptions is world’s leading cryptocurrency online investment and trading platform that offers Bitcoin trading options, provides 24/7 customer support, high level of security, and stab.

Worldtradeprofit.com

Latest check 1 month ago

Worldtradeprofit.com

World Trade Profit – Bitcoin Investment, Bitcoin Trading, Forex, Stocks, EFTs & Digital Options Trad.

Global rank
Daily visitors
Daily pageviews
Pageviews per user 0
Rating
Status Online
Latest check 1 month ago

Countable Data Brief

Worldtradeprofit.com is tracked by us since October, 2020. All this time it was owned by Trade of Trade Profit, it was hosted by Hostinger International Limited.

Worldtradeprofit has the lowest Google pagerank and bad results in terms of Yandex topical citation index. We found that Worldtradeprofit.com is poorly ‘socialized’ in respect to any social network. According to Google safe browsing analytics, Worldtradeprofit.com is quite a safe domain with no visitor reviews.

Worldwide Audience

It seems that traffic on this site is too low to be displayed, sorry.

Best Binary Options Brokers 2020:
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    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

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