MVProfit
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 | |
| Founded | 2023 |
| Registered Country/Region | Switzerland |
| Regulation | No regulation |
| Market Instruments | Forex, Stocks, Bonds, ETFs, Funds, Options and Futures |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | 2.4 pips (Basic Account) |
| Trading Platform | MT4 |
| Min Deposit | / |
| Customer Support | Phone: +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
| Pros | Cons |
| 5 kinds of accounts | No regulation |
| MT4 as a trading platform | No access to official website |
| No payment method information |
Is MVProfit Legit?
MVProfit registered its official website in 2023, and MVProfit is currently unregulated.
What Can I Trade on MVProfit?
MVProfit offers trading instruments such as forex, stocks, ETFs, funds, bonds, options and futures, and 35 cryptocurrencies.
| Tradable Instruments | Supported |
| 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 Types | Basic | Silver | Gold | Platinum | VIP |
| Deposits Range | Up to $2,500 | $2,500-$9,999 | $10,000-$74,999 | $75,000-$149,999 | $150,000+ |
| Leverage for Crypto | 1:01 | 1:02 | 1:03 | 1:05 | 1:05 |
| Leverage for Forex | 1:01 | 1:100 | 1:100 | 1:100 | 1:10 |
| Spreads Starting From | 2.4 pips | 2.1 pips | 1.8 pips | 1.4 pips | 0.8 pips |
| Commission | 5% | 4% | 3% | 2.50% | 1.50% |
| Swap 24Hrs | 1.50% | 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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web | All traders |
| MT5 | ❌ |
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