ProfitMarket Trade

Broker ProfitMarket Trade: cooperation details

ProfitMarket Trade is an online trading platform with extensive experience, however, it does not disclose its date of establishment. The company offers clients wide opportunities on the platform, tight spreads, round-the-clock technical support, access to over 300 assets, flexibility in trading on various devices, and prompt execution of operations. The broker welcomes both beginners and experienced investors.

On the profitmarket.trade website, there are no official documents, however, the company claims to operate in accordance with the standards of the Financial Conduct Authority (FCA) of the United Kingdom. Despite the lack of licenses and other legal evidence, the broker provides the actual registration address in the UK: The Scalpel, 52 Lime Street, London, EC3M 7HA.

Support and education

Technical assistance can be obtained by phone, email, or through an online form. Each client has access to consultations with experienced specialists of the company, capable of expanding investment opportunities and increasing the chances of profitable trading on the platform.

Trading conditions

ProfitMarket Trade offers extensive educational material for beginners, as well as a demo account with an initial balance of 1,000 virtual dollars. Registration on the platform requires passing a verification procedure. After that, investors gain access to all the features of the trading platform and various tools.

• Basic. An account for beginners with full support and training. Details about the initial capital and account functionality are not disclosed.

• Classic. Includes advanced features, analytics, and support, but information on investment is also missing.

• PRO. Access to trading in currency pairs, fast execution, and support. The minimum deposit is not specified.

• VIP. Maximum leverage, the ability to manage a PAMM7 account. Details of minimum investments are not disclosed.

An Islamic account is also available to comply with Sharia law conditions. There is no information on bonus programs or accrual systems on the website.

Account funding and withdrawal

The broker does not publish a list of payment systems, but claims that the information is available in the client’s personal account. Traders can use various payment methods. The minimum initial capital is not set, and information about commissions is missing.

Conclusions

ProfitMarket Trade presents itself as a successful broker, although it lacks official confirmation of the right to engage in investment activities. There are no registration certificates or licenses from the Central Bank of Russia, which supports insufficient legal transparency. There is no information on the financial aspect of cooperation, which is a significant violation of norms. The company needs to improve its customer interaction process.