https://www.profitfx.net/index.htm
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
profitfx.net
Server Location
United States
Website Domain Name
profitfx.net
Server IP
104.21.15.243
Basic | Information |
Registered Countries | United Kingdom |
Regulation | No License |
Company Name | PROFIT CINDA LIMITED |
Minimum Deposit | N/A |
Maximum Leverage | 1:400 |
Minimum Spread | N/A |
Trading Platform | MT4 |
Trading Assets | Forex, Commodities, Index, Rare Metals, as well as Cryptocurrency |
Payment Methods | N/A |
Customer Support | Email Phone, Online Chat Support |
General Information
Allegedly registered in the United Kingdom, PROFIT CINDA LIMITED says it is an online investment platform providing as series of trading assets including Forex, commodities, Index, Rare Metals and Cryptocurrencies through the advanced MT4 trading platform. With PROFIT CINDA LIMITED, traders can use the maximum trading leverage up to 1:400.
When it comes to regulation, PROFIT CINDA LIMITED has let us down, for it is not subject to any regulation, and thats why WikiFX has given it a very low score of 1.04/10. Please be aware of the risk involved, as trading with an unregulated broker is taking huge risk of losing your money.
Market Instruments
PROFIT CINDA LIMITED provides access to a total of five classes of trading instruments, covering forex, commodities, index, rare metals and cryptocurrencies.
Account Types
PROFIT CINDA LIMITED says nothing about its account setting, including minimum deposit requirement for each account, margin call level, stop out level, minimum and maximum trade volume, and more, so disappointing.
Spreads & Commissions
PROFIT CINDA LIMITED says clients can trade forex pairs with spreads from 0.0 pips, with the average spreads on EUR/USD pair starting at 0.1 pips.
Leverage
Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while PROFIT CINDA LIMITED enables its clients to use leverage of up to 1:400. This is crazily higher than the proper amount considered appropriate by most regulators.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size.
Trading Platform
PROFIT CINDA LIMITED provides access to the industry-leading MT4 trading platform, which is currently the most used forex trading software in the world. Only one account, you can use PC, Tablet, Smartphone, or browser directly.
Customer Support
Except for the FAQ section, PROFIT CINDA LIMITED does not provide any contact information to help clients who have any inquiry or trading related issues, which is very weird.
Clients can only follow this broker on some social media platforms, such as Facebook, Twitter, Instagram and Pinterest.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Pros | Cons |
MT4 trading platform | No regulation |
High leverage up to 1:400 | Average selection of trading assets |
Wide selection of trading assets | No clear information on minimum deposit, deposit or withdrawal |
Poor customer support | |
Spreads not specified |
Frequently Asked Questions
Is PROFIT CINDA LIMITED regulated?
No, PROFIT CINDA LIMITED is not regulated.
What is the maximum leverage provided by PROFIT CINDA LIMITED?
The maximum trading leverage provided by PROFIT CINDA LIMITED is up to 1:400.
What trading instruments does PROFIT CINDA LIMITEDprovide?
PROFIT CINDA LIMITED offers access to Forex, Commodities, Index, Rare Metals, as well as Cryptocurrency.
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Hương Phạm
Vietnam
I have invested in Profit cinda limited through the broker Anh Phuc financial investment and support company limited based in Da Nang Vietnam, trading account 2077838 with investment capital of 1,000 USD. Then when I wanted to withdraw my capital, the exchange did not allow it and arbitrarily made consistent transactions without my consent and generated abnormally high profits, they asked me to submit money to prove that the anti-money laundering financial statement is 35% of the total amount more than 16,000 USD. When I didn't pay they froze my account for 7 months now. I asked the authorities to intervene with the above brokerage company to return my capital of 1,000 usd. Thank you, I would like to add some pictures of my 1000 USD deposit history on November 25, 2022 into my account 2077838.
Exposure
2023-07-17
phạm đình huy
Vietnam
This broker has lost my initial outlay, I have reported many times and asked to pay my initial outlay, but so far the exchange has not paid and blocked all contact.
Exposure
2023-06-12
Dico Việt Nam
Vietnam
I denounce this floor which has cheated my money nearly 150,000,000 dollars and put me in debt. I hope the agency investigates arrest these scammers. They broke into the system and locked my account and I lost all the money I invested
Exposure
2023-05-25
phạm đình huy
Vietnam
this floor has lost my initial investment from 12/2022 until now; do not compensate me; I have submitted many times (38 times); but no one can help; I hope the authorities will consider and help me (my initial investment is $6000)
Exposure
2023-05-25
atuan1207
Vietnam
This platform has scammed me nearly 50,000 USD. By forcing customers to top up many times to entice consistent transactions, but then force customers to pay PIT, foreign currency conversion fees... and other reasons to scam customers, while goods platform still withdraw 50% profit from my account. Ask the police to get involved. Currently, this company is registered by Director Nguyen Van Phuc under the name Anh Phuc Financial Investment and Support Company Limited, address: No. 6 Phan Tu, My An Ward, Ngu Hanh Son District, Da Nang City.
Exposure
2023-05-22
FX4276217695
Vietnam
I deposited $1,500 into my account opened at PROFIT CINDA LIMITED on April 10, 2023. On April 14, 2023, when I made a withdrawal order, I only saw in the withdrawal history that the order was approved, but the money was not transferred to my bank account. I contacted the exchange's customer service staff, they denied responsibility and blamed the conversion bank. But the reality is that they intentionally did not execute my withdrawal order and took my money. Currently, their customer service staff has deleted my zalo friend and blocked contact with me. Apparently PROFIT CINDA LIMITED is scamming customers' money. I'm looking forward to your help, thank you very much
Exposure
2023-05-20
phạm đình huy
Vietnam
This bank did not remit money to me, and I have successfully cashed out the withdrawal slip that has not been transferred for over 4 months. Seek help from institutions. He violated the contract and agreement he signed with me.
Exposure
2023-04-24
phạm đình huy
Vietnam
This platform intentionally lost my initial investment capital of 6,000 USD, asking for compensation according to the signed commitment; The platform used the initial investment capital improperly. my account has been frozen for almost 4 months now. hope the departments help
Exposure
2023-04-03
phạm đình huy
Vietnam
The exchange intentionally increased my account's abnormal earnings with some consistent trading; asking me to prove my finances by the extraordinary increase in income equivalent to the amount of 10,480 USD; I am not able and in the contract and commitment of the Company does not mention that matter; now the exchange has frozen my MT4 account and won't let me withdraw my initial investment of 6000 USD for more than 3 months. hope the functional departments help.
Exposure
2023-03-07
phạm đình huy
Vietnam
Ask the platform to return my initial investment of $ 6000, because san did not comply with its commitments and intentionally gave inappropriate reasons, consistent trading profits higher than the initial investment; Having to prove my finances is absurd and I don't record that profit. now the broker has locked my account and does not transfer the initial investment. request the higher authority to consider and resolve.
Exposure
2023-02-27
trần hồng thái
Vietnam
After the incident happened to agree to reopen the account for the customer and for the benefit of both parties. I agree to leave that capital until the party withdraws enough capital. Now that party has withdrawn enough and now asks to withdraw the money. I have to pay 50% (5826.5 USD) but when I agree on the support platform to close, I don't talk about this issue. That party withdraws profits but blocks the withdrawal direction of customers. True commitment with customers to not withdraw money.
Exposure
2023-02-24
phạm đình huy
Vietnam
The platform request PROFIT CINDA LIMITED to return my initial investment, $6000, given by the company incompatible with the commitment and signed contract, since then the exchange has locked my account and not let me withdraw, have I made a withdrawal order, the system announced that it was set up, but so far I have not seen the transfer, but so my account has been locked and I can't withdraw money; please ask the relevant agencies to consider and help.
Exposure
2023-02-24
phạm đình huy
Vietnam
Asked the platform PROFIT CINDA LIMITED to pay my initial investment capital of 6,000 USD. Two months ago, because the platform intentionally did not comply with the commitments and signed contracts; made me lose my initial investment. locked my account and did not transfer my payment. Asking agencies for help.
Exposure
2023-02-14
Đỗ Thanh Tân
Vietnam
The QLTC team made a consistent transaction and reported that the account was more than 190% profitable and suspected of money laundering. Ask me to submit more to prove financial capacity. Don the large amount I can not meet. MT4 freezes the account and does not allow withdrawals.
Exposure
2023-02-13
phạm đình huy
Vietnam
Proposing san Profit cinda limited to compensate for my initial investment, because the trading company gave reasons that were not consistent with the commitment and then locked my account; deliberately did not transfer money to me. hope the authorities help
Exposure
2023-02-09
Thân Hà
Vietnam
My MT4 account is 2076122. After consistent trading, my account balance is more than $28000. However they don't allow withdrawal because profit is higher than account balance, they ask to deposit 50% of total current account balance to verify the account and then withdraw, and this is a sign of fraud, request the authorities to help me and other players withdraw our original amount invested, (below are some pictures of the company's top-up and commitment, the phone number of the consultant who calls regularly, Hien's name).
Exposure
2023-02-03
phạm đình huy
Vietnam
Ask the exchange to transfer money to me; any account lock and misappropriation of my assets. I made a withdrawal and got a confirmation without transferring the money to me. I hope the authorities can help me.
Exposure
2023-02-02
phạm đình huy
Vietnam
Exchange PROFIT CINDA LIMITED , has appropriated my property in the amount of 6,000 usd from december 14, 2022 until now; because the floor has a team of financial transaction management to trade on my principal with a higher profit ( 10,480 usd ) so san is required to prove financial 8,525 usd ( paid in ) ; i think this amount of interest is not appropriate and i also have a request from the floor that i do not receive this amount of interest; the floor informed me that if i don't prove my financial status, my account will not be withdrawn (6000 usd). thank you (i made a withdrawal order on the mt4 system with confirmation, but it did not return to me. )
Exposure
2023-02-02
phạm đình huy
Vietnam
san did not transfer my payment, but today, 2023.01.30, they continue to ask me to deposit 8,525 USD to prove my financial ability to withdraw; Request your agency to consider and help. These people are currently active (5; 6 hours to open zalo); call to recharge
Exposure
2023-01-30
phạm đình huy
Vietnam
I made a confirmed withdrawal order but the exchange intentionally did not transfer the money to me, asking the authorities to help me; ask this exchange to pay me
Exposure
2023-01-30