Exposing Profit Trade: Profit Only Exists in Its Name, Not During Trade
Abstract：If there was ever a forex scammer to be alert of, Profit Trade emerges as the first one. The Bulgaria-based forex broker has been annoying investors by denying their withdrawal requests, suspending their account without any reason, and unfulfilled promises.
If there's one forex scammer to watch out for, it's Profit Trade. The Bulgaria-based forex broker has been annoying investors by denying their withdrawal requests, suspending their account without any reason, and unfulfilled promises. As lots of investors took to the forex review website to complain about the illegitimate ploys used by Profit Trade, we thought about sharing their pains, opinions, and, importantly, losses. Lets read on!
Top Investor Complaints About Profit Trade
No Trading Instructions, No Query Resolution, Only Losses
Imagine how tough it would be for a forex trader to navigate the seemingly complex graphs to decide on strategic investment calls. It happens at Profit Trade. While on Profit Trade Login, investors tend to get confused and call for help. However, its executives fail to answer key customer queries. As a result, investors face losses. Here is one complaint regarding it.
Account Suspension Further Adds to the Misery for Investors
How about this one? Surely, a shocker for the investor who, despite following the process diligently, had to deal with an account suspension. The investor is calling Profit Trade a scam, loud and clear! Check out the words.
Unfulfilled Promises, Withdrawal Request Denials
Profit Trade often acquires customers using tall promises. But when the time comes to fulfill them, they turn their back! Even worse is the denial of withdrawal requests made by the investor on Profit Trade login. Check out the complaint to understand the real concern of this investor.
Profit Manipulation, Additional Fee for Withdrawal, Currency Change Fee Demand
Promising exorbitant returns on investments, manipulating profit figures, imposing additional fee charges to buy withdrawal codes, and demanding currency change fees define Profit Trade. Eventually, the investor gets nothing! Here are the words, evoking pain and frustration over the poor customer service.
Why Profit Trade is Not a Forex Broker to Partner with
Profit Trade is not a reliable forex broker because it is not licensed by any of the competent financial authorities. So, it is relieved from disclosing everything about its operations to the regulator. These can even include the problems the company faces regarding profit and liquidity, the forex schemes, the shareholding pattern, and more. Unapproved brokers, such as Profit Trade, can always commit a scam. The investor complaint snapshots made above are proof. Considering the increasing red flags, we at WikiFX, the leading broker regulation inquiry app, have assigned it a poor score of 1.56 out of 10.
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