Profit Trade experiences and results 2022

throttll
October 9, 2021
Profit Trade experiences and results 2021

NEW: Profit Trade has entered into a cooperation with Oil Profit! We recommend the new test winner from Profit Trade, Oil Profit.

Profit Trade enables its users to trade a wide variety of CFDs and at the same time covers different trading areas.

You can bet not only on the rates of foreign exchange and stocks but also on indices.

The search for the greatest possible profit will eventually lead you to the Profit Trade website.

You can trade via the broker Contracts for Differences and also get a variety of learning materials to get you started in the best possible way.

But what are the fees, and is the trading platform even safe?

All important points will be explained in the following Profit Trade Test, and the question will be answered whether Profit Trade is fraud or serious.

Table of Contents

Advantages and disadvantages of Profit Trade at a glance
  • Fast payout
  • Mobile app
  • Setting manual options
  • Accepts credit card deposits
  • Good potential for returns
  • No demo account is possible
  • Unfortunately, only CFDs and Forex can be traded
Profit Trade Register – Our step-by-step guide

Step 1: Registration

Registration works like any other online portal. If you pass on some personal information, you can gain access to the platform.

To register, the Profit Trade provider needs your first name, last name, country, a valid email address and a password of your choice. A telephone number is also required.

You should be particularly careful and 100% satisfied with your choice of broker. Fraudulent websites often use the data to urge investors to make further deposits.

They are also used before day and night phone calls. If you have become a victim of such a scam, you should follow the guide on the crypto scene. There you will find helpful information, tips and tricks.

Step 2: The demo mode

Profit Trade does not offer a demo mode to get to know the platform. Investment is therefore like an experiment.

Step 3: Deposit

As soon as you have submitted all the necessary information, you will be forwarded directly to the deposit. There is the option of credit card or debit card, Interkassa and your own Bitcoin wallet. This is a special feature compared to other crypto robots.

Here you can top up your account balance with cryptocurrencies. However, it is important that you observe the minimum amount of 250 euros and that you also have to transfer this amount of coins. At the moment, however, only Bitcoins and no other cryptocurrencies are allowed.

The amount of 250 euros also seems perfect for any trader. Moreover, with so much money, you can already carry out some transactions and get to know the programs behind the platform better.

There is also the opportunity to acquire the most important learning materials. With so much money, even experienced investors can put the platform through its paces. However, the amount is small enough not to lose all of your savings.

Step 4: Trading the Profit Trade CFDs & FX

After receiving the money in the customer account, you can finally start doing the right thing. Generally speaking, Profit Trade can be used to trade in person. However, this requires a lot of experience and a good nose for the right assets.

Otherwise, trading works like shopping online. You select the favored commodity and indicate the number of shares. 

Then click on “Sell” or “Buy” to invest. All open positions are then displayed under “Open Positions” in the left part of the screen.

You can also set price alarms that inform the user exactly when the asset reaches the selected value. The notifications are also sent to the mobile phone if you have installed the Profit Trade app.

So you know at all times as soon as it is time to act. Otherwise, Profit Trade’s platform offers that.

Investors have few options; there are no additional functions such as “stop loss” or other settings.

Profit Trade Crypto Robot

profit-trade

You can only trade with a crypto robot if you have paid in more than 5,000 euros. But what is such a robot? This is a program that has been equipped with a mathematical formula.

This allows the software to carry out the transactions exactly according to the trader’s specifications. However, a crypto robot is not a guarantee of profit. As an investor, you still have to make a few settings so that the program can work at all.

There are also numerous websites on the net that tell about their software and sell it as a miracle machine that can sometimes even look into the future. When reading such promises, one should immediately step aside or approach the matter with the necessary caution.

It is particularly easy for fraudsters to steal money from unsuspecting traders online. Therefore, one should never switch off one’s brain while investing and approach the matter logically. Such an approach can possibly avoid high losses.

This is what Secured Brokers says about Profit Trade experiences

After you have found the website, everything you can trade on the Profit Trade platform is shown in capital letters at the beginning. Forex, stocks, commodities and index CFDs are offered. Thus, it is a simple CFD broker.

The type of trading is very speculative and therefore not really suitable for beginners. They lack the necessary intuition for the fluctuations in prices and the background knowledge of online exchanges.

For this reason, monitored and licensed exchanges often have a risk statement that states that over 70% of private investors generate losses with the trading option. At Profit Trade, it is only written that there could be additional risks. So you have to find out more about the dangers of CFDs on another page.

What are Contracts for Differences (CFDs)?

profit-trade

This is a trading option in which you bet on the course of a certain asset. So you can make money even if the value falls or lose money if the price rises.

You should know the selected commodity well and have carefully followed the course beforehand so that you can make a decision with in-depth knowledge. With a correct prediction, you will only receive a certain percentage of the additional deposit.

However, if you are wrong, you will lose your entire investment. That is why the trading option is also considered to be particularly speculative.

Alternatives to CFDs

If you don’t want to take the high risk, you can either take your money to the bank or invest it in stocks. But, of course, with any investment that can produce profits, there is also the possibility of losses.

On the other hand, ETFs are considered a more secure investment and if you would like to know more about the trading option.

Is Profit Trade serious or not – the verdict!

  • Secured Brokers has tested the robot. Success rate not definable
  • Profit Trade Scam cannot be ruled out, uncertainties expand risks in auto trading
  • Secured Brokers recommends a moderate investment of 250 euros as an investment at Profit Trade
  • Test the test winner now via this link or read on to find out more about the bot
How the Profit Trade Works – Scam Or Not?

profit-trade

As soon as you take a closer look at the Profit Trade offer in the test, you will find a page with different account types. There are Educational, Standard, Premium, VIP, Tailored and Robot.

There is a minimum deposit for everyone and the investor receives certain advantages in return. So he can set up his account exactly according to his own ideas.

In addition, there are also various learning materials for users. Everything is represented, from eBooks to the glossary to video courses. However, the educational opportunities also depend on the amount of the deposit.

For example, the Robot Account has additional books and courses online compared to the Standard Account. Therefore, you should take a close look at the site beforehand and, if necessary, look for the information you need on another platform.

Additional functions

Otherwise, the providers also provide signals on prices, various charts, an economic calendar and news about the financial sector. However, this is the case with almost all brokers. A special feature, however, is that there is also a separate application for mobile devices.

Here, customers can also carry out transactions and manage the account while on the go. However, the program has not been downloaded very often and only received 3 stars out of 5. Thus, profit Trade still seems to have room for improvement here.

The software is only a few megabytes in size and should therefore fit almost every smartphone. You need an Android version of 4.1, whereby the latest update is recommended.

With each new version, old security gaps are closed, making it particularly difficult for hackers to access sensitive user data.

Is the Profit Trade App a scam or a fraud?

Whether Profit Trade is a fraud or a serious one, no judgment can be made at this point in time. The website is well designed, and the MetaTrader is used for the trading platform. Unfortunately, this is software that is used by many unlicensed exchanges to do business.

This, of course, underpins the seriousness of Profit Trade, especially because several million users have already had the MetaTrader experience and rated it very positively.

Nevertheless, you should inform yourself well beforehand and possibly look at various reputable and monitored exchanges so that you can see the difference to normal crypto brokers.

Conclusion on the Profit Trade Trader

After the Profit Trade Test, you can say that the platform made a good impression. However, you can only trade CFDs and FX, which are very few investment options compared to ETFinance.

In addition, there are no additional functions for the trades. However, before registering, you can get an idea of ​​the platform and get to know the programs behind Profit Trade.

This way, beginners, in particular, can get a first feel for the market and are not thrown into the deep end. However, it is still true that a robot is no guarantee of profit, and CFDs are still a very speculative trading option with high risks.

The social trader ETFinance, which can also be used to trade CFDs, won the licensed and monitored exchanges. The selection there is even many times larger. However, there is a simple step-by-step guide for all new investors.

 

4.9
4.9/5

Our recommendation: Trading at Investby

Our recommendation: Trading at Investby

  • The broker provides an Islamic Account
  • It provides a dedicated account manager
  • Receive customised investment news
  • Trade with a variety of assets
  • There’s no deposit limit
ABinvesting Review
4.5
4.5/5

Our recommendation: Trading at ABInvesting

  • Acknowledge the financial markets through education material 
  • Free VPS is available 
  • Get a swap discount of 50 per cent 
  • Islamic Account is available to traders 
  • Select account types of your interest
4.9
4.9/5

Our recommendation: Trading at PrimeFin

  • Fifth decimal available 
  • Spreads begin from 0.03 pips
  • Commission is zero  
  • Full 10-hour support  
  • News alerts and VPS for traders

FAQs

Even if the operators of Profit Trade repeatedly offer clues for criticism, one can definitely not speak of fraud. Eventually you will be connected to a real broker through whom the buying and selling trades are carried out. The provider himself mainly earns from the commissions.

We recommend the minimum deposit of € 250 to minimize possible risks.

If you have made the decision to create an account with Profit Trade, it is best to follow our instructions above. It should be noted: Profit Trade has entered into a cooperation with Oil Profit!

As a rule, such trading bots have a demo mode. Unfortunately, this is not the case with Profit Trade. A real test can only be done through personal experience.

Get a Callback

A trusted broker will contact you today.

Name(Required)