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Profitlevel Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-09 18:12

Abstract:Profitlevel, a trading name of BCM Begin Capital Markets CY Limited., is allegedly an STP broker registered in Cyprus that claims to provide its clients with various tradable financial instruments with leverage up to 1:30 and floating spreads from 0.01 pips on the MT5 for Windows and Mac os trading platforms, as well as a choice of six different live account types.

  Note: Profitlevel's official website - https://profitlevel.com is currently inaccessible normally.

Profitlevel Review Summary
Founded2015
Registered Country/RegionCyprus
RegulationCySEC
Market InstrumentsCFDs on shares, forex, indices, commodities
Demo Account✅
LeverageUp to 1:30
SpreadFrom 0.01 pips
Trading PlatformMT5
Min Deposit$1,000
Customer SupportContact form
Tel: +357 25-123-307
Fax: +357 25 030 026
Email: support@profitlevel.com, info@profitlevel.com
Twitter, Instagram
Address: 2, Filiou Zannetou, Ground Floor, Office 1, 3021 Limassol Cyprus

  Profitlevel, a trading name of BCM Begin Capital Markets CY Limited., is allegedly an STP broker registered in Cyprus that claims to provide its clients with various tradable financial instruments with leverage up to 1:30 and floating spreads from 0.01 pips on the MT5 for Windows and Mac os trading platforms, as well as a choice of six different live account types.

Profitlevel's homepage

Pros and Cons

Pros Cons
Regulated by CySECNon-functional website
Diverse tradable productsConservative leverage
Demo accountsHigh minimum deposit requirement
Multiple account types
MT5 platform
Popular payment options
No deposit and withdrawal fee

Is Profitlevel Legit?

  Yes. Profitlevel is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
Cyprus
The Cyprus Securities and Exchange Commission (CySEC)RegulatedBCM Begin Capital Markets CY LtdStraight Through Processing (STP)274/15
Regulated by CySEC

What Can I Trade on Profitlevel?

Tradable Instruments Supported
CFDs✔
Shares✔
Forex✔
Indices✔
Commodities✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Profitlevel?

Account Type

Account TypeMin Deposit
Blue$1,000
Bronze$50,000
Silver$100,000
Gold$350,000
Platinum$500,000
Diamond$1,000,000
Account comparison

Leverage

  Profitlevel says to offer a maximum leverage of 1:30 (varies by instrument), while for physical shares, the maximum leverage is up to 1:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Leverage

Spread and Commission

  Profitlevel claims that the typical spread on physical shares starts from 0.01 pips and the commission on which is 0.75%.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Windows, Mac osExperienced traders
MT4❌/Beginners
MT5

Deposit and Withdrawal

  Deposit

Deposit OptionMin DepositFeeProcessing Time
Credit/debit cards$1,000❌/
Bank Transfer$1,000❌/

  Withdrawal

Withdrawal OptionMin Withdrawal FeeProcessing Time
Bank Transfer$0❌/
Deposit and Withdrawal

Related broker

Regulated
Profitlevel
Company name:BCM Begin Capital Markets CY Limited.
Score
1.64
Website:https://profitlevel.com
10-15 years | Regulated in Cyprus | Straight Through Processing (STP) | Suspicious biz area
Score
1.64

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