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Thinking of using Profitto? Be cautious! BrokersView exposes a lack of regulation and user complaints about withdrawal problems. Choose a safe, regulated Forex broker instead!
Thinking of using Profitto? Be cautious! BrokersView exposes a lack of regulation and user complaints about withdrawal problems. Choose a safe, regulated Forex broker instead!

Operating status: SCAM

Website: https://www.profittoltd.com/

Broker violations and abnormal records
  • Apr 13, 2025 BrokersView review shows Profitto is an unregulated broker

    Profitto's website content is no longer valid. The certificate issued by the Financial Services Authority (SVG FSA) has been cancelled. All these signs indicate that Profitto faces significant risks. Investors should monitor developments and remain vigilant. 

Related Complaints

Q&A Complaints

I wanna know its regulatory information. Could you help me?

Pawel
Chile
Jul 19, 2022
ANSWER Profitto is not a licensed forex broker. Profitto claims to be a forex broker registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA).Regarding the SVG FSA, we'd like to remind traders that SVG FSA does not regulate international companies and brokers engaging in forex activities.We keep on reminding traders to be wary of offshore brokers in SVG FSA as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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2 comments

teguh dedy
broker scam tidak mampu membayar profit saya.
Sep 20, 2023
Reply
Octavius
scammer company. I received a deposit and did not give an account. I asked for confirmation and gave all the documents, but only a response saying that the confirmation was not possible.
Jul 25, 2022
Reply
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