ALERT | Profitfx.uk Review: Is it Legit or a Scam

profitfx.uk logo
1.7
Rated 1.7 out of 5
Scam Company
1.7 out of 5 stars (based on 3 reviews)

PROFITFX.UK INVESTIGATION HIGHLIGHTS

Item Description Website Information
COMPANY NAME:
At Profit FX markets Limited
COMPANY ADMIN:
Unknown
REGULATION:
Unregulated
HEADQUARTERS
71-75 Shelton Street Covent Garden, London,WC2H 9JQ, UK (allegedly)
OPINION ON SOCIAL MEDIA AND REVIEW SITES:
Negative
PRIMARY PHONE NUMBER:
+971524375023 (United Aram Emirates) +447448116286 (UK)
CONTACT EMAIL:
support@profitfxmarkets.com (invalid - can’t receive email)
WEBSITE URL:
https://profitfx.uk/
WEBSITE IP:
104.18.27.250
IP COUNTRY:
US
DOMAIN CREATION DATE:
2021-08-18
HOSTING:
CloudFlare

Disclaimer: The information on this document was based on information gathered during the website investigation period. Please note that the information provided might be outdated because there might have been changes on the investigated website (i.e. website had been suspended or website had changed owners and changed its content).

What is Profitfx.Uk About?

profitfx.uk homepage

Profitfx.uk claims that it is an investing platform that has been operational since the year 2000 and was founded in London, United Kingdom. 

Since 2010, according to the corporation, it has the green light from the Federal Council to work together with other countries in Europe and the Commonwealth of Independent States.

According to the organization’s statement, it is now working with 15 different countries all around the globe. The company promotes the fact that it is capable of providing personal consulting services in addition to trust management services.

Continue reading this review of Profitfx.uk to learn more about the platform and its features.

What is Prfitfx.Uk Offering To Its Customers?

Customers of Profitfx.uk reportedly have access to deep FX and CFD liquidity as a result of the company’s extensive network of Tier 1 liquidity providers, as stated on the company’s website.

They assure customers that they will be there for them throughout the entirety of the process of working together, that they will help them with opening and closing orders over the phone and with market monitoring, and that they will provide an approach that is uniquely tailored to each individual customer.

profitfx.uk accounts

Is Profitfx.uk Legit or a Scam?

Yes, indeed! Profitfx.uk is an unlicensed international broker. A clone claims to be an authorised broker in order to defraud investors. There is another another unregulated market con artist.

Despite professing to be an elite trading platform, Profitfx.uk provides the obscure Mobius software. Additionally, other bogus brokers use the same platform! MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the most popular trading platforms on the market. Despite having the essential tools for placing orders, changing charts, and applying technical indicators, the platform lacks the more complex features of these platforms (MT5).

On the Profitfx.uk website, we located a description of five distinct trading account kinds. In most cases, a licenced broker’s account might be launched for the same or less than the $250 necessary to start a Basic account. A 3 pip spread is guaranteed for the standard account. This level is particularly unfavourable for the trader since it is well over the average for the industry.

On its webpage, WikiFX also showed the logos of well-known payment methods such as Visa, MasterCard, Neteller, and Skrill. However, Bitcoin is the only deposit option available. Scammers love bitcoin transactions because they cannot be reversed.

WikiFX uncovered many misleading clauses in the Profitfx.uk Customer Agreement. According to one of them, a bonus-earning account cannot withdraw cash until it meets the outrageously high minimum trading volume requirements, which are 40 times the bonus plus the original deposit.

Is Profitfx.uk Licensed?

Upon checking the license and registration details of this company it was found that Profitfx.uk states that it is a  Limited liability Company in Saint Vincent and the Grenadines with Company Number 26476 BC 2021 but doesn’t show any license to operate in the UK. 

Furthermore, the FCA has already flagged this company as dangerous and suspicious – which is why their website is also unavailable at the moment!

Similar or Duplicate Sites Detected

Not only that, upon further digging we found that Profitfx.uk has similar websites. These websites are duplicates of the companies initial website. Although all the sites have different company names and do not mention that they are linked to Profitfx.uk, it is evident that they are basically the same sites. So, could this be a scam network of sites?

List of Similar sites:

http://profx-trade.com/
https://profitfx.uk/
https://profitfxpro.com/
https://profitfxmarkets.com/
http://www.fincapfx.com/

Also upon checking http://profx-trade.com/ seems to be a clone of Profitfx.uk because the structure, address, and other details are the same.

profitfx.uk domain age

Profitfx.uk Opinions on Review Sites & Other Social Media Platforms

What is more alarming is the fact that this company’s email address and social media accounts are nonresponsive as well. We tried to send them a dummy email to see if anyone would respond and guess what?! The email bounced back! 

Additionally, this company has close to zero social media presence which means its accounts are inactive. Additionally, their address might also be fake because the address on their social media account does not match the address on their website. 

Then we turned to the public to see what their thoughts are about this company, and they are all negative reviews as well!

Comparing Profitfx.uk To Well Established Companies

Binance is the world’s biggest cryptocurrency exchange based on daily trading volume. 2017 saw the debut of the platform before a large audience. Currently, the cryptocurrency broker has at least 20 million clients.

Given that Binance exclusively trades in digital assets, 500 different currencies are accessible.

Scams and scams using bitcoin are increasing in frequency. Before making payments or transfers, you should proceed with caution and validate the legitimacy of the project or website via research

DO YOU SUSPECT THAT SOMEONE HAD SCAMMED YOU?

If you have suspicions of a scam or phishing attack, you can rely on experts to help you with protection, mitigation, and fund recovery

You will feel safe knowing that experts with years of experience will be guiding you!

What To Do if You Have Been Scammed by Profitfx.Uk

Our clear and short statement can be found at Profitfx.uk: Your funds are not secure with this organisation.

Using this strategy, the identity of the individual responsible for supervising daily operations is concealed. Due to the company’s failure to disclose its financial information, you cannot be certain of the profits it claims.

While investing in cryptocurrency via these methods, there are no practical means of recovering lost funds. Despite the fact that all bitcoin investments are untraceable, it is difficult to predict where cryptocurrency investors’ funds will end up. However, fear not; Ez Chargeback has your back. Contact us as soon as possible, and we will be by your side at every step of the process until your loss is fully compensated.

EZChargeback only partners with the most trustworthy and capable scam recovery organizations.

Once you consult with us, we will be able to help you solve your problem and refer you to the top asset recovery firms that will get your money back!

Facebook
Twitter
LinkedIn
Pinterest

Reviews

Worked with This Company? Leave Your Review!
Scan the code