✔️ Information reviewed and updated in May 2024 by Pedro Martínez González
In this section we will analyze the Profit-Trade broker, is a Forex, CFDs and cryptocurrency broker. Is Profit-Trade really recommended to make an investment? Or is it better not to invest with this company?
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: GLOBAL TOP MARKETING LTD.
As to its location, the broker mentions being based in: Marshall Islands.
If we analyze the regulation of the broker: since Profit-Trade does not mention absolutely anything about any regulation, everything indicates that it is a UNREGULATED broker.
If now we go on to analyze account types offered by Profit-Trade, we note that it offers 6 types of account: the Educational Account, the Standard Account, the Premium Account, the VIP Account, the Custom Account and the Robot Account.
Educational Account- $ 250 minimum initial deposit, video tutorials, 1: 200 leverage.
Standard Account: minimum initial deposit of $ 2.500, video tutorials, 1: 200 leverage, possibility of trading cryptocurrencies, customer service manager, fixed or floating spreads.
Premium account: Minimum initial deposit of $ 20.000, full access to video tutorials, 1: 200 leverage, possibility of trading with cryptocurrencies, customer service manager, fixed or floating spreads, cryptographic tools, bonus of up to 100% of the deposit.
VIP account: Minimum initial deposit of $ 50.000, full access to video tutorials, 1: 200 leverage, possibility of trading cryptocurrencies, customer service manager, fixed or floating spreads, cryptographic tools, bonus of up to 200% of the deposit, news and alerts, fast bank transfers.
Custom Account: minimum initial deposit to ask, participation in company events, social trading, telephone negotiation, meeting with other traders
Robot Account: Minimum initial deposit of $ 5.000, telephone trading, additional support for Robot and Algo Trading, robots with discounts, possibility to create the trading strategy automatically, leverage up to 1: 100.
You can see even more features about the Profit-Trade broker account types (click here. to see the image in full size) in the following image:
The platforms to operate that Profit-Trade offers are: we believe the Profit-Trade itself.
We will now analyze the different resources and aids for the trader that Profit-Trade provides on its website.
Profit-Trade provides the following help or resources to traders or interested parties: explanation of the products offered, explanation of basic concepts of the world of trading, some ebooks, glossary, video courses, webinars, economic calendar, some graphs and explained technical analysis in a basic way, news about financial events of interest, video analysis.
Other information about Profit-Trade
Some more information in case you want to contact the company, or see its website for yourself.
Website: www.profit-trade.com/es/
Telephone: 442036959749
Email: [email protected]
>>> Valuation on Profit-Trade <<
Ending with this section, in our opinion Do we believe that Profit-Trade company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: they provide very little information about them, they are based in the Marshall Islands, they are an unregulated broker, in addition to all these negative characteristics, it is already possible to find complaints about Profit-Trade in Internet, the truth does not seem like a very good idea to invest with Profit-Trade.
⛔ Attention ⛔ : in February 2020 CONSOB added Profit Trade to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's February 2020 warning ⚠️
⛔ Attention ⛔ : in June 2020 CONSOB added Profit Trade to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to CONSOB's June 2020 warning ⚠️
⛔ Attention ⛔ : in July 2021 FCA added Profit Trade to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ FCA July 2021 warning
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”167 ″]
Hello, has someone recovered money from this scam company? I invested $ 250 then I had a profit of $ 3000 and today he threatened me at zero, they are scammers, you have to spread this through social networks, it is the only way to investigate these ropes of scammers.
Hi Alex, thank you very much for sharing your experience with Profit-Trade, we are really sorry for what you've been through… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails?
What did they tell you?
Greetings.
This company is scammer, I do not know how to recover 500 dollars Don Alejandro Alvarez is calling himself is a scammer financial advisor chanta profit trade do not invest here it is a scam
Hi Manuel, thank you very much for sharing your experience with Profit-Trade… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails?
Greetings.
AMI ALSO SCAMMED IN 250 AND AFTER 10000 TOTAL OF 1250 IN THIS PAGE OF PROFIT-TRADE THAT IS MENTIONED HERE. AND I AM CONCERNED ABOUT THE SCANNED DECOMENTS THAT ENAÑADO SENT. SPREAD THE WORD. THEY ARE SCAMMERS.
CORRECTION, I WAS SCAMMED OUT OF 250 AND 1000 A TOTAL OF 1250 AMERICAN DOLLARS. THEY ARE SCAMMERS. I KNOW THAT NO ONE ESCAPES FROM DIVINE JUSTICE.
Hi Adnan, thank you very much for sharing your experience with Profit-Trade… Can you tell us more about your experience with this company? Do you remember how you came to find them?
Greetings.
Good afternoon, everyone, I was scammed, I filed a complaint with a law firm, but one is very scared, later, I will wait for the result and I promise you that if you help me, I will give you the address of that firm so that you can file your complaints.
Hello Negra, thank you very much for sharing your experience with Profit-Trade… Can you tell us more about your experience with this company? Do you remember how you came to find them?
Greetings.
hello, what country are you from? I have also been scammed by profit trade, have you had any progress with your lawyers?
Hi, I'm Karina, my name was misspelled, Katina
Just to comment that I am from Mexico. Very bad experience with profit Trade
It's just a scam
Thank you
Hello Kary, thank you very much for sharing your experience with Profit-Trade, we are very sorry to read your situation… Can you tell us more about your experience with this company? Do you remember how you came to find them? For an advertisement on the internet perhaps? Do you have names of people with whom you had contact? Email addresses?
Greetings.
I enter Profirt-trade through advertisement playing Candy Crash, thinking that they would be serious.
I invested € 900 talking to Juan Gómez in February (7) and more or less did one trade a week with a profit of € 100 every week. When he had a profit of € 600, he proposed to invest in Google about € 2.500 and I told him that it was early to do it and he wanted to know the difficulties of withdrawing money to know if everything was serious and that later if everything worked well we would continue working. It seemed good to him and he told me to withdraw € 500, I wanted € 1.000. He continued to operate and I requested a withdrawal of € 1.000, which was canceled.
Later, Marta Rodríguez calls me and tells me that Juan Gómez has suddenly abandoned them and that he has kept my account, he tries to convince me not to withdraw the money because I am not in a standard account of € 2.500 that when I arrive I will be able to make the withdrawal of money and if I want to cancel it, I should invest up to € 2.500 if I can do it. I already realize that it is fraud and I try to withdraw all the money, minus 10% of them commission. After 4-5 days it is also canceled.
Marta still calls me to invest € 2.500 in TESLA and I tell her that if they don't let me withdraw the money that is mine, I won't. this is on Friday and today they make two loss transactions for the € 1.600 that they had and leave the account at zero.
Marta Rodríguez's phone (932204528) does not answer a sound and Juan Gómez's (911793108) answering machine in English.
See if they can do something so they don't keep scamming people.
Greetings.
Hello Salva, thank you very much for sharing your experience with Profit-Trade, we are very sorry to read your situation… Can you tell us more about your experience with this company? Do you remember how you came to find them? For an advertisement on the internet perhaps? Do you have names of people with whom you had contact? Email addresses?
Greetings.
Good afternoon!!! This situation happened to me, I would like to proceed legally for fraud !! Can you guide me please? Thanks
> On August 13, 2018, Mr. Juan Gomez, asked me
> Invitation to work at Profit-Trade, consists of investing 250 euros
> and they make investments and movements to grow capital,
> On October 9, Mr. Victor Calonge, offers me a credit for
> 25000 euros, to which I had to deposit 1500 euros, to cover
> the insurance, the conditions are in the document you sent.
>
> The credit was offered to us by an acquaintance and an acquaintance of my friend.
>
> On November 1, make the deposit, and send the contract
> signed.
>
> the transaction was made through Bitsale.com
>
> Mr. Victor asked me to send him my account number to do the
> corresponding deposit,
>
> He sent me an email with the delivery date of the money. Which does not
> complied.
>
> arguing that he had to deposit more money, so that it would be sent
> individually the money and not in a group, since he had us as
> acquaintances from Mexico in a group.
>
> the amount deposited was 5280 euros, on November 15, 2018.
>
> That was the last email I received from Mr. Víctor Calonge.
>
> afterwards, Mr. Ronald Rich contacted me and told me
> to send the money in a group, to which I answered, that for
> That was paid for the insurance, so it brought me round and round and did not answer
> the emails, I decided to contact Bitsale, to which I
> I demanded to see my transactions on the platform, since I did not know where
> was my money.
>
> Mr. Ronald. annoyed he tells me that because he was sending emails,
> that he was being scolded, that because of me, the bank had canceled the
> credit and that now I have to pay a fine of 2000 euros, at the
> which, I never cancel the credit. they don't give me an answer for anything,
> only that I have to pay a fine of money that they, yes
> they received, but they did not deliver me, he tells me that they are
> paying the interest on that loan, which makes me illogical
> because I did not cancel the credit, much less did I receive the money. the
> Mr. Ronald's answer is that I do whatever I want.
>
> I only want to get my money back and pay the interest that I acquired
> by borrowing that money.
>
> Could you help me?
>
> I have the emails, conversations, photos of the transactions, and personal information that they asked me
Do not trust this page
Thank you
Hello Katina, thank you very much for sharing your experience with Profit-Trade, we are very sorry to read your situation, really incredible, for this we do not recommend non-regulated companies, this loan, to pay interest, because a normal and regulated broker does not. Ask them to withdraw, and if they don't, in our case we would contact the financial regulators, what country are you from?
Greetings.
Hi Karina
Similar situation to mine, in the equation are Juan Gomez, Ronald Rich and a lender Frederick Lacroix, they are an organized crime, the most unfortunate thing is that they continue to scam even receive payments with credit cards. I will do all my efforts to report them to the superintendency of my country so that the bank has them on the radar and does not allow other people to fall.
Hello Maiko, thank you very much for sharing your experience with Profit-Trade… Can you tell us more about your experience with this company? Do you remember how you came to find them? Do you have names of advisers, emails?
Greetings.
supposedly my account was hacked and that is why all the money was lost ... It sounds false, but, if true, why am I to blame for the accounts being hacked? I think it's a stupid excuse to take money from me. Does anyone know where I can file a complaint?
Hello N, thank you very much for sharing your experience with Profit-Trade, we are very sorry to read your situation… Can you tell us more about your experience with this company? Do you remember how you came to find them? For an advertisement on the internet perhaps? Do you have names of people with whom you had contact? Email addresses?
You should report to the regulator of your country, where are you from?
Greetings.
They told me that to make the withdrawal I had to pay some supposed taxes to transfer the money, as a true stupid I believed in them and paid the "taxes", now they do not answer the phone, I have more than 1000 dollars there. I don't know what to do, at first they called me constantly and now nothing. I can't contact you. What I can do .
Hello one more scammer, thank you very much for sharing your experience with Profit-Trade, we are very sorry to read your situation… Can you tell us more about your experience with this company? Do you remember how you came to find them? For an advertisement on the internet perhaps? Do you have names of people with whom you had contact? Email addresses?
Incredible that they ask you to pay to withdraw ... How few serious. There is little you can do as it is an unregulated company.
Greetings.
I want to share my experience in online trading with some fake company. Please read below and share in your news. You may contact me for more details.
We found one ads on google for profit-trade.com company. We thought that the company is genuine, so we show interest to invest in it. Later they start calling several times, initially, we invested $ 250, then they start calling to increase investment giving a reason of unable to do big trades and gave us promise of a big profit. Later invested more $ 6400. They start trading on “profit-trade.com” platform, this platform is fake, not actual trading. After showing some profit in my account since last 3 months, we request them to withdraw some amount and then they do some trick and make my balance zero. And said that this one did due to I opened the account with auto-trade system, which I have not done. Also, they never said about this problem in 3 months of trading time. I complain to profit-trade and Manager, who looking after my trades (Mr. Dan Bauer), but no one reply to me by email. They called me from no: + 43-720775802 / 8030. Now, they said that your account has zero balance, can't do any trade. So, basically my money is gone and they run away.
Mr. Dan Bauer Email: [email protected], [email protected]
I request you to please stop or banned such online companies. It may help many people by avoiding investment in such companies.
Sam: “I want to share my experience in online trading with this fake company. Please read what I say below and share it. You can contact me for more details.
We found an ad on google about the company profit-trade.com. We thought the company was serious, so we showed interest in investing. Later, they start calling several times, initially we invested $ 250, then they start calling to increase investment, supposedly for not being able to make big transactions and they promised us a big profit. Later I invested more than $ 6400. They start trading on the “profit-trade.com” platform, this platform is fake, not a real trade, it is manipulated. After showing some profit on my account in the last 3 months, we ask them to withdraw a certain amount and then they do some tricks and make my balance zero. And they tell me that I did this, because I opened the account with the auto-trading system, which I have not done. Also, they never spoke about this issue in 3 months of trading with Profit-Trade. I complain to Profit-Trade and to the manager, who takes care of my operations (Mr. Dan Bauer), but no one responds to me by email. They called me from number: + 43-720775802 / 8030. Now, they told me that my account has a zero balance, I cannot make any transactions. So basically my money is gone and they got away.
Email from Mr. Dan Bauer: [email protected], [email protected]
I ask that you stop or ban such companies online. You can help many people by avoiding investing in such companies. "
Sam, thank you very much for sharing your experience with Profit-Trade with us, the truth is that your experience sounds truly terrible, we are very sorry. Sounds like you should contact your country's regulator, maybe make a complaint… What country are you from?
Greetings.