WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

ChartsProfit

United Kingdom|1-2 years|
High potential risk|

https://www.chartsprofit.net/

Website

Rating Index

Contact

support@chartsProfit.net
https://www.chartsprofit.net/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

ChartsProfit

Abbreviation

ChartsProfit

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ChartsProfit · WikiFX Survey

Users who viewed ChartsProfit also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

IronFX

7.84
Score
10-15 yearsRegulated in CyprusMarket Making(MM)
Official website

IC Markets Global

9.10
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)
Official website

MiTRADE

8.49
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

ChartsProfit · Company Summary

Aspect Information
Company Name ChartsProfit
Registered Country/Area the United Kingdom
Founded Year 2019
Regulation Unregulatory
Minimum Deposit $250
Maximum Leverage 1:1000
Spreads Starting from 0.0 pips
Trading Platforms Web Platform, MetaTrader 4, L2 Dealer and Mobile App
Tradable Assets Forex, Stocks, CFDs, Commodities, Crypto, Futures
Account Types Standard account, Professional account,Business account and Business Plus account
Demo Account Available
Customer Support Email
Deposit & Withdrawal VISA, Bitcoin, Litecoin, MasterCard, and bank transfer
Educational Resources Lack detailed information

Overview of ChartsProfit

ChartsProfit, an unregulated forex and CFD broker registered in the United Kingdom, was established in 2019.

ChartsProfit offers a diverse range of trading instruments, including stocks, forex, commodities, futures, and cryptocurrencies. The broker provides access to the popular MetaTrader 4 (MT4) platform and a proprietary web platform, catering to both beginner and experienced traders. ChartsProfit emphasizes its competitive spreads, high leverage options, and diverse account types.

While ChartsProfit presents itself as a extensive trading platform with various features and tools, the broker's lack of transparency regarding trading fees and deposit/withdrawal processing times raises concerns about the adequacy of its services. Additionally, single customer service channel and limited educational resources beyond basic trading knowledge could disadvantage beginner traders or those seeking advanced learning materials and tools.

Overview of ChartsProfit

Regulatory Status

ChartsProfit, incorporated in the United Kingdom, operates without regulation from any recognized financial authority. This lack of oversight poses significant risks, as unregulated brokers are not bound by ethical standards or client asset protections typically enforced by supervisory entities.

Pros and Cons

ChartsProfit offers several advantages, including a wide range of tradable instruments across various markets, high leverage options for experienced traders, and a user-friendly trading platform. The broker also provides 24/5 customer support and claims to offer educational resources, although details are limited.

However, there are significant drawbacks to consider. The most notable concern is the lack of regulatory oversight, which raises questions about the safety of client funds and the broker's adherence to industry standards. Additionally, the absence of transparent fee information and details about deposit and withdrawal processing times makes it difficult for traders to assess the potential costs involved. The educational resources, while mentioned, lack detailed information on the website.

Pros Cons
Diverse range of trading opportunities Lack of valid regulatory certificates
User-friendly trading platform Limited information on trading fees
Various account types Lack of detailed information on educational resources
High leverage options Limited customer service channel
Lack of information on deposit and withdrawal process times

Market Instruments

ChartsProfit provides a comprehensive range of trading instruments to cater to diverse traders' needs. The broker offers CFDs on stocks, forex, commodities, and cryptocurrencies, enabling traders to take advantage of price movements in different markets. ChartsProfit also offers futures trading for contracts on various underlying assets.

Market Instruments
  • Stocks: ChartsProfit offers CFDs on stocks from major global exchanges, including the FTSE, NASDAQ, and NYSE. Traders can go long or short on stocks, taking advantage of price movements in both rising and falling markets. The platform boasts leverage of up to 1:10 on stock trades and provides access to a wide range of companies across various sectors.

  • Forex: The broker provides access to over 55 forex pairs, including major, minor, and exotic pairs. Traders can benefit from competitive spreads, starting at 0.2 pips on certain instruments, and leverage reaching up to 1:1000. ChartsProfit emphasizes its fast execution and direct access to the interbank market, creating a favorable trading environment for forex traders.

Market Instruments
  • CFDs: ChartsProfit offers CFD trading on various underlying assets, including forex, stocks, indices, and commodities. CFDs allow traders to speculate on price movements without owning the underlying asset, providing flexibility and the potential for profits in both rising and falling markets. The broker offers leverage of up to 1:500 on FX instruments for professional clients and highlights its adherence to the Best Execution Policy by MiFID II.

  • Cryptocurrencies: ChartsProfit provides access to over 100 cryptocurrencies, including popular options like Bitcoin, Ethereum, Ripple, Litecoin, and more. Traders can capitalize on the volatility of the cryptocurrency market and potentially profit from price fluctuations.

  • Commodities: The broker offers a diverse selection of commodities, spanning precious metals, energy, industrial, agro, and financial sectors. Traders can trade commodities like gold, silver, oil, platinum, and coffee, taking advantage of competitive spreads and modest margin requirements.

Market Instruments
  • Futures: ChartsProfit allows traders to engage in futures trading, which involves contracts to buy or sell an asset at a predetermined price and date in the future. The broker offers futures on various underlying assets, including commodities, stock indices, currencies, and precious metals.

Account Types

ChartsProfit offers four live account types and a risk-free demo account:

  • Standard Account: This account requires a minimum deposit of $250 and is suitable for most traders. It provides access to all trading instruments and features of the platform.

  • Professional Account: With a minimum deposit of $10,000, this account is designed for experienced traders and offers additional benefits, such as an assigned account manager.

  • Business Account: This account requires a minimum deposit of $30,000 and is tailored for corporate clients. It includes access to company events, seminars, and webinars.

  • Business Plus Account: This account requires a minimum deposit of $100,000 and offers premium features and services for institutional clients.

  • Demo Account: This risk-free account allows traders to practice their strategies and familiarize themselves with the platform before trading with real money.

Except for the Standard Account, all account types offer services such as an assigned account manager and are all swap-free. In terms of account offerings, the Professional Account provides a 30% deposit bonus, the Business Account a 50% deposit bonus, and the Business Plus Account a notable 100% deposit bonus.

Feature Standard Professional Business Business Plus
Min Lot Size 0.01 0.01 0.01 0.01
Trading Platform ChartsProfit webtrader ChartsProfit webtrader ChartsProfit webtrader ChartsProfit webtrader
Minimum Deposit $250 $10,000 $30,000 $100,000
Mobile Trading Mobile Trading Mobile Trading Mobile Trading Tailored conditions
Account Manager - Account Manager Assigned Account Manager Assigned Account Manager Assigned
Company events, seminars, webinars spot guaranteed - - Included Included
VIP Events - - -
24 Hour Trading
Deposit Bonus - 30% 50% 100%
Yearly Bonus - - -
Islamic Account -
Account Types

Account Opening Process

Opening an account with ChartsProfit is a straightforward process that can be completed in a few simple steps:

Account Opening Process
  1. Register: Enter your email address and create a password to start the registration process.

  2. Complete Your Application: Fill out the secure application form with your personal and financial information.

Account Opening Process
  1. Confirm Your ID: Verify your identity by submitting the required identification documents, such as a passport or driver's license.

  2. Fund and Trade: Once your application is approved, fund your account using one of the available payment methods and start trading.

Account Opening Process

Leverage

ChartsProfit offers varying leverage options depending on the instrument and account type. For stock trading, leverage is up to 1:10. Forex trading offers leverage up to 1:1000, while CFDs on FX instruments can have leverage up to 1:500 for professional clients. Commodity trading leverage is up to 1:25.

Leverage

Trading Fees

ChartsProfit claims to offer ultra-low spreads, starting from 0.0 pips. However, the broker specifies that spreads on certain forex instruments start at 0.2 pips and CFDs can have spreads as low as 0.1 pips. This suggests that the 0.0 pips spread may not be available for all instruments or account types.

ChartsProfit does not provide specific information about trading fees or commissions on its website. It is recommended to contact the broker directly to inquire about the applicable fees for each instrument and account type.

Trading Fees

Trading Platform

ChartsProfit offers multiple trading platforms to cater to different trader preferences:

  • Web Platform: The web platform allows for seamless forex trading without downloads, making it accessible from any device with an internet connection.

  • MetaTrader 4: This popular platform enables traders to create forex trading algorithms for automated execution, even when offline.

  • L2 Dealer: This DMA (Direct Market Access) platform provides traders with greater control over their forex CFD trades.

  • Mobile Apps: ChartsProfit offers dedicated iOS and Android apps for smartphones and tablets, allowing traders to trade on the go with full trading capabilities, including various order types, news, and analysis.

Trading Platform

Deposit and Withdrawal

ChartsProfit offers various deposit and withdrawal methods, including VISA, Bitcoin, Litecoin, MasterCard, and bank transfer. The minimum deposit for each account type varies. For a Standard Account, a minimum deposit of $250 is required. In contrast, a Business Plus Account demands a significantly higher minimum deposit of $100,000. Importantly, the broker does not impose any deposit fees.

The website neglects to mention the minimum withdrawal amounts, as well as the processing times for deposits and withdrawals. Traders are advised to contact ChartsProfit directly for more information on deposit and withdrawal procedures.

Deposit and Withdrawal

Customer Support

ChartsProfit provides customer support through email at support@chartsProfit.net. The support team is available 24/5 to assist clients with their inquiries and concerns. However, no other customer support options, such as phone or live chat, are mentioned on the website.

Customer Support

Educational Resources

ChartsProfit claims to offer a Market Analysis section, including Daily Market Analysis, Weekly Live Webinars, Live Q&A Sessions, and Trading Strategy. However, no detailed information is provided on the website. It is unclear whether these resources are regularly updated or cover a wide range of topics.

Educational Resources

Conclusion

ChartsProfit offers a diverse range of market instruments, multiple trading platforms, and high leverage options, making it a potentially attractive platform for traders. However, the lack of regulatory oversight and transparent fee information raises significant concerns about the broker's legitimacy and trustworthiness. Potential users should carefully consider these risks before engaging with ChartsProfit and prioritize regulated brokers with transparent fee structures for a more secure trading experience.

FAQs

Q: Is ChartsProfit a regulated broker?

A: No, ChartsProfit is not regulated by any recognized financial authority.

Q: What trading platforms does ChartsProfit offer?

A: ChartsProfit offers a web platform, MetaTrader 4, L2 Dealer, and mobile apps for iOS and Android devices.

Q: What is the minimum deposit required to open an account with ChartsProfit?

A: The minimum deposit varies depending on the account type, starting from $250 for a Standard Account.

Q: Does ChartsProfit offer leverage?

A: Yes, ChartsProfit offers leverage up to 1:1000 on forex, 1:500 on CFDs for professional clients, 1:25 on commodities, and 1:10 on stocks.

Q: What are the trading fees at ChartsProfit?

A: ChartsProfit does not disclose specific information about trading fees, or commissions on its website. Traders are advised to contact the broker directly for details on the fee structure.

Review 1

1 Comments
Write a comment
All(1) Latest Neutral(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com