✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in Up4profit. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Up4profit and tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | up4profit.net |
| 🏠 Company | PROFIT PTY. LTD |
| ️ Regulatory | ASIC |
| [email protected] | |
| 📈 Leading | WebTrader |
| 📌 Direction | does not mention it |
⚠️ Up4profit is owned by PROFITS PTY. LTD, the company does not mention where is located in Seychelles. Clients are unprotected. The company is located in an unknown place, be careful. ⚠️
Account types
Now we move on to analyze the types of accounts that Up4profit offers, in this case, we observe that it offers 6 different types of accounts:
| Account type | Minimum initial deposit |
| 1 | €250 |
| 2 | €2.500 |
| 3 | €2.500 |
| 4 | €25.000 |
| 5 | €50.000 |
| 6 | €100.000 |
Information on the web
Up4profit provides a basic explanation about the financial products it offers, an educational section, glossary, asset index, market news although in English, economic calendar also in English, live charts, some financial calculators, not much more than this.
List of phone numbers
🚫 Up4profit Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Up4profit.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about Up4profit:
| Date | Update – news |
|---|---|
| June 2022 | So far we have no news about the company. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Up4profit.
At the end of the review you will find customer comments.
How to Claim Money Scammed by Up4profit
How to Report Up4profit
FAQs
How can I report Up4profit?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is Up4profit a scam – is it scam?
Yes. We believe that Up4profit is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is Up4profit reliable?
No. Up4profit is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from Up4profit?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to Up4profit?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Allianceinvest and Up4Profit are stealing from me. They debited me €250, they stole it from my account that I gave them and they were going to steal another €1200 from me. BEWARE it is a page high in fraud
Hi Fernando, what is the relationship with Allianceinvest? Thanks for writing about Up4profit. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY
Greetings.
I was scammed by them, do you know how I recover the money I lost?
Hi Lola, thanks for writing about Up4profit. Currently this broker is considered a SCAM.
If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.
If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or check this link: CLAIM YOUR MONEY
Greetings.