ProfitsTrade is a suspected scam posing as a Forex broker. We received a report from a customer who was unable to withdraw funds deposited into their platform.
ProfitsTrade’s lack of any licensing or other regulatory framework, as well as its tax haven address, also reflects poorly on its operations. We advise caution.
What to do if you have been harmed by ProfitsTrade?
We recommend that victims of dishonest brokers read our short guide, which outlines the measures they can take – available here (link)
We also invite you to join the Facebook group of victims: ForexRev – brokers, scams, frauds (Note: we only accept verified profiles to protect other people’s data).