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profit markets

Newest

ANSWER No, Profit Markets pretends to be an established brand, but it appears to have been founded in 2023. It is critical to note that the broker is not regulated.The absence of regulatory details on the website leaves its adherence to regulatory norms in question. Despite assertions of UK-based operations, there's no verifiable authorization from the Financial Conduct Authority (FCA), further eroding its trust factor.The signs indicate that Profit Markets might be a dubious entity. To have a safer trading environment and a peaceful mind, investors are strongly advised to steer clear of unregulated brokers like Profit Markets and instead choose fully regulated ones.

Is Profit Markets safe?

Dr. Yiannis Tofis Monroe-Coleman

Antarctica

Jun 09, 2024

ANSWER No, Profit Markets is not a safe choice for investors, due to its unlicensed status.The company claims a history since 2007, but its website was only registered in 2023, raising credibility concerns. The site lacks regulatory information, and despite claiming a UK base, there's no proof of Financial Conduct Authority (FCA) authorization. This opacity further questions its trustworthiness.Consequently, Profit Markets, operating in an unregulated environment, presents additional risks to investors. To have a safer trading environment, it is highly recommended choosing fully regulated brokers over unregulated ones like Profit Markets.

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Risk Warning

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.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.