Profitmarkets Review 2025 | Information about Profitmarkets Forex Broker

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Profitmarkets

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Operating status: SCAM

Website: https://profitmarkets.org/

Broker violations and abnormal records

2024-08-28 The Belgian FSMA added Profitmarkets to its warning list
On Aug 29, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms-0

On Aug 29, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms-0
2024-09-02 BrokersView has reviewed that Profitmarkets is an unregulated trading platform
It claims to be a reliable broker but does not display any regulatory information on the website for reference, which is very unreliable. In addition, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform.
In essence, Profitmarkets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Profitmarkets appears to be a scam.

It claims to be a reliable broker but does not display any regulatory information on the website for reference, which is very unreliable. In addition, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform.In essence, Profitmarkets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Profitmarkets appears to be a scam.

Related Complaints

Q&A

Is Profitmarkets a real broker?

Matthias

Bangladesh

2024-09-05

ANSWER Dear Investor,We are concerned that Profitmarkets is a scam.Lack of Licensing Details: The website of Profitmarkets does not provide any regulatory information for verification, which is a potential indicator of fraudulent activity.FSMA Warning: Profitmarkets has been added to the warning list of the Belgian Financial Services and Markets Authority (FSMA) for being fraudulent.Therefore, we strongly advise you to avoid using Profitmarkets. For a safer trading environment, we recommend choosing fully regulated brokers.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.