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MVProfit Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-03 11:07

Abstract:MVProfit, registered in Switzerland, is a financial trading platform that allows users to trade a variety of financial assets, including forex, stocks, ETFs, funds, bonds, cryptos, and more. The platform also offers CFDs (contracts for difference) which allow traders to profit from both rising and falling markets. Utilizing the popular MT4 Margin WebTrader platform, MVProfit provides five account types to cater to both novice and experienced traders.

  Note: MVProfit's official website: https://mvprofit.com is currently inaccessible normally.

MVProfitReview Summary
Founded2023
Registered Country/RegionSwitzerland
RegulationNo regulation
Market InstrumentsForex, Stocks, Bonds, ETFs, Funds, Options and Futures
Demo Account❌
LeverageUp to 1:100
Spread2.4 pips (Basic Account)
Trading PlatformMT4
Min Deposit/
Customer SupportPhone: +41225181298
Email: support@mvprofit.com

MVProfit Information

  MVProfit is a broker registers in Switzerland in 2023, which offers traders the opportunity to trade forex, stocks, bonds, ETFs, funds, options and futures. In addition, there are 5 kinds of accounts and MT4 as a trading platform. But it is currently unregulated.

Pros and Cons

ProsCons
5 kinds of accountsNo regulation
MT4 as a trading platformNo access to official website
No payment method information

Is MVProfit Legit?

  MVProfit registered its official website in 2023, and MVProfit is currently unregulated.

Is MVProfit Legit?
Is MVProfit Legit?

What Can I Trade on MVProfit?

  MVProfit offers trading instruments such as forex, stocks, ETFs, funds, bonds, options and futures, and 35 cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Stocks✔
Bonds✔
ETFs✔
Funds✔
Options and Futures✔
Precious metals & Commodities❌
Indices❌

Account Types

  MVProfit has 5 types of accounts: Basic, Silver, Gold, Platinum, VIP. The maximum amount is between $2,500 and $15,000. Maximum leverage 1:100.

Account TypesBasicSilverGoldPlatinumVIP
Deposits RangeUp to $2,500$2,500-$9,999$10,000-$74,999$75,000-$149,999$150,000+
Leverage for Crypto1:011:021:031:051:05
Leverage for Forex1:011:1001:1001:1001:10
Spreads Starting From2.4 pips2.1 pips1.8 pips1.4 pips0.8 pips
Commission5%4%3%2.50%1.50%
Swap 24Hrs1.50%1.00%1.00%0.85%0.65%

MVProfit Fees

  The starting spread for these accounts ranges from 0.8 pips to 2.4 pips. Commission is charged, ranging from 1.50% to 5%.

Trading Platform

  MVProfit offers MT4 as a trading platform where traders can trade directly from the web.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔WebAll traders
MT5❌

Related broker

No Regulation
MVProfit
Company name:MVProfit
Score
1.35
Website:https://mvprofit.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.35

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