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Profit Pips Markets

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Operating status: SCAM

Website: https://www.profitpipsmarkets.com

Broker violations and abnormal records
  • Jul 11, 2021 BrokersView Has Reviewed That Profit Pips Markets Is an Unregulated Forex Broker
    It claims on its wbesite that Profit Pips Markets is the brand name of Veis Market, a company that is licensed and regulated Financial Security Authority of St. Vincent and the Grenadines (SVG FSA) under licence number of 223977BC2007. However, BrokersView found that there is no matching records on SVG FSA website. Therefore, it is a scam broker. Investors' funds in this broker is unsafe and cannot be protected by any laws.
    It claims on its wbesite that Profit Pips Markets is the brand name of Veis Market, a company that is licensed and regulated Financial Security Authority of St. Vincent and the Grenadines (SVG FSA) under licence number of 223977BC2007. However, BrokersView found that there is no matching records on SVG FSA website. Therefore, it is a scam broker. Investors' funds in this broker is unsafe and cannot be protected by any laws.
  • Apr 12, 2022 BrokersView has found that Profit Pips Markets is not working

    BrokersView found the domain https://www.profitpipsmarkets.com is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain https://www.profitpipsmarkets.com is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

1 comments

Peter
From time to time, trades are closed with slippages at worse price than requested. Interesting thing is that they dont make slippages to be positive. Execution speed is normally high, but again, sometimes it happens to take several seconds with all consecutive outcomes. Had one withdrawal already, without any problems, but these guys should resolve their problems with order executions because it is really very irritating and mainly spoils all the impression about company. Also it would be good if they add some bonuses to make themselves more flexible.
Jun 11, 2024
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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