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Profits Trade

2.7

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Profits Trade Reviews Summary

Profitstrade has garnered a mixed reputation among its customers. On the positive side, many users appreciate the platform's reliability, user-friendly trading tools, and responsive customer service, often highlighting their successful trading experiences and supportive staff. However, significant concerns persist regarding withdrawal difficulties, perceived harassment through persistent communication, and allegations of scams, particularly from users who faced issues when attempting to retrieve their funds. Overall, while the company is praised for its trading environment, the negative feedback indicates a pressing need for improved transparency and customer support to enhance trust and satisfaction.

This summary is generated by AI, based on text from customer reviews

service
41
value
36
quality
38

We monitor reviews for authenticity

GB
1 review
3 helpful votes
Follow Sabrina M.
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As per the title it is a scam and they are annoying as hell with at least 5 calls daily. DAILY!
I already asked them to stop and they won't. Call on different numbers everytime. Harassing $#*!*****! Do not give them your info. Stay away from them!

Date of experience: July 1, 2021
Belgium
1 review
0 helpful votes
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The agents of this organization are in Belguim, they are supplied by IPG group, these are fraudsters, they steal people's money.

Date of experience: June 30, 2021
Finland
1 review
2 helpful votes
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Matti
June 30, 2021

The agents of this orgThe agents of…
The agents of this orgThe agents of this organization are in Cyprus, they are supplied by Omnitouch Cyprus Ltd,
These are fraudsters, they steal people's money. Anization are in…
The agents of this organization are in Cyprus, they are supplied by Omnitouch Cyprus Ltd,
These are fraudsters, they steal people's money.

Date of experience: June 30, 2021
Czechia
1 review
1 helpful vote
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Profits
June 29, 2021

The agents of this orgThe agents of this organization are in Morocco, these are fraudsters, they steal people's money
The agents of this organization are in Morocco, they are supplied by Dialpad Morocco LTD, these are fraudsters

Date of experience: June 29, 2021
Canada
1 review
0 helpful votes
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IRANPOLL
June 29, 2021

The agents of this organization are in Iran, they are supplied by IRANPOLL call center, these are fraudsters, they steal people's money
The agents of this organization are in Tehran, they are supplied by iranpoll, these are fraudsters, they steal people's money.

Date of experience: June 29, 2021
Guadeloupe
1 review
0 helpful votes
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The agents of this orgThe agents of…
The agents of this orgThe agents of this organization are in France, they are supplied by Procontact 360, these are fraudsters, they steal people's money. Anization are in…
The agents of this organization are in France, they are supplied by Procontact 360, these are fraudsters, they steal people's money.

Date of experience: June 29, 2021
Germany
1 review
0 helpful votes
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Totally scam
June 29, 2021

A bunch of thiefs, and criminals. You can deposit, they want you to deposit but try to make a withdrawel. = IMPOSSIBLE

Date of experience: June 29, 2021
Armenia
1 review
0 helpful votes
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The agents of this organization are in Armenia, they are supplied by Envirotech Armenia LTD, these are fraudsters, they steal people's money.

Date of experience: June 28, 2021
Sweden
1 review
0 helpful votes
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I ordered an item in april. Now at the end if june i still havent got it. SCAM, DONT ORDER! And paypal doesnt help at all.

Date of experience: June 25, 2021
GB
1 review
8 helpful votes
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I am trying to get my money out of them for a month by now. As soon as I expressed my wish to do so they stopped communicating immediately. The only way of getting in touch with them is online form. No emails, no phone numbers. So-called account manager emailed me a couple of times before all this started and he was calling me at least once a week too. Everything stopped at once. No reply, no answer from them. My money shows in "user cabinet" as "withdrawal initialised" for a month and there is no chance of finding out what is happening.

Date of experience: June 14, 2021
Canada
1 review
0 helpful votes
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نصابيين
June 4, 2021

هذه الشركة لاختلاس الاموال لكل العرب في كل العالم انتبهوا منهم تعاملت مع ندين من لبنان وهي كاذبة وثمنها ٥$
وايظاً مع عبد الكريم من حلب يدعي انه دكتور نعم انه دكتور بالكذب والسرقة الحمدلله كان مبلغ بسيط ولكن سرقه ولم يعد هناك اي تواصل حتى لو جربت الاتصال

Date of experience: June 4, 2021
France
2 reviews
15 helpful votes
Follow Beatrice L.
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Within almost a year that I've been trading with Profitstrade I didn't run into usual problems that I had with the previous broker, This gives the confidence in the broker and now I can finally focus on productive systems development instead of constant chatting with support regarding all the above mentioned issues. I hope one of you will find this review helpful, best of luck!

Date of experience: June 4, 2021
GB
1 review
6 helpful votes
Follow Marion B.
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An outfit calling themselves 'Profits Trade' recently scammed me out of £Ks: Following their initial, cold call pitch, I was persuaded to sign an online contract agreeing that they were to be my brokers in this instance. They informed me I would need a Binance trading account and helped me through the process of opening same, using Anydesk, with the promise to guide and teach me how to trade. All seemed safe and above board. 24hrs later they called to say I had made excellent returns on my investment and would duly instruct me how to withdraw my profits. That 'tutorial' resulted in all of my deposits to Binance, plus any profits made, being directed from Binance in crypto currency to themselves. I have taken action to report this fraud through various channels and hopefully they will soon be called to account. Beware of Profits Trade - do not do any business with them.

Date of experience: June 3, 2021
Croatia
1 review
11 helpful votes
Follow Igor T.
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I am not working for any company or spitting on this company without a reason.
I invested in Portis Trade and I got scamed.
At the beginning everything was fine but as soon I put my money on their platform communication stopped. I was trying to contact them but nobody is answering.
Their website is scam, their stuff is scam and I am warning everyone to avoid this scam company.
To prove that I am real person here is my phone number.
*******455
Who ever wants to call me about my experience with them is welcome.

Date of experience: May 25, 2021
GB
1 review
0 helpful votes
Follow sahar a.
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Your nor trader company you are dojie people and used trader company for stolen people who trust you money. Dont trust andy person from profits trader they are profesinal theef and stolen yiur money and used your personal information to give them for te stolen your money, plesase no work with them no answer phone no give them your account details they work very profesional to stole your monyey thhe are theef and must arrested and go to ptison. This person you see her email in the image call me as a head ofice and take £more than £4000 from my bank acount they take my money from northen iland and they used my detais dont trust any one call from profits trader they are thif

Date of experience: May 21, 2021
New Zealand
1 review
5 helpful votes
Follow N. N.
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Raymond Wallace, his director Andrew Owen, accounts Michelle, and the rest of the team at Profits Trade are running an elaborate fraudulent scheme.
They seem to offer enough information to seem legitimate and offer good returns on investments. However, at first withdrawal, they hit us with the information that ICC UK requires them to prove a liquidity transaction, the same amount in our trading acct as our kraken acct. They say it doesn't need to move from our kraken acct. The next thing they do so quickly we couldn't keep up is transfer our kraken funds to an external wallet (to prove liquidity to ICC). Then Michelle gets on the phone and says we need to pay 25% tax & 5% trader fees before our trading funds will be released into the external wallet for ICC approval, another $50,000, within 3 days! Now they won't take our calls, our funds are stuck.

Definitely do NOT listen to any positive reviews about Raymond or this company, they are scammers of the highest degree!

Date of experience: May 14, 2021
Australia
6 reviews
12 helpful votes
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Not a bad place to start your Forex journey. I've gone from knowing nothing to turning a small profit in a matter of weeks, which to me is a promising sign of things to come. They are very helpful and will be with you every step of the way, I can confidently say that I wouldn't hesitate to recommend this company to others.

Date of experience: April 26, 2021
Romania
6 reviews
12 helpful votes
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Just opened account with Profitstrade couple of days ago but one thing I can already say at this point is that their customer care is great. I am so impressed with their dedication to guide new customers, need to mention Patrick who has been really patient and understanding consultant to deal with with all my questions asked, he has given me clear answers and went above and beyond what was asked of him.

Date of experience: April 20, 2021
GB
1 review
5 helpful votes
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Scammed
April 16, 2021

They made mistakes, admitted them and then refused to correct them, cost me 19K! Do NOT trust them. Anyone can make a mistake but to not correct that mistake,,, truely lifechanging horror for the victim.

Date of experience: April 16, 2021
Austria
5 reviews
5 helpful votes
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Suitable platform.
April 16, 2021

Nowdays there are loads of platforms to trade on, and I have tried couple of them. They weren't bad, but the experience I had with Profitstrade has been way better than any of my previous FX Brokers. I invested $300 initially, and am ready to invest more. If you are looking for a trading website, I would advise you to give Profitstrade a try. You don't have to be an expert to start but it is important to have some basic knowledge.

Date of experience: April 15, 2021