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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

PROFIT TRADE

Bulgaria Bulgaria | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.profit-trade.com/

Website

Rating Index

Contact

+44 7520644068
https://www.profit-trade.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Bulgaria
Operating Period
5-10 years
Company Name
GPS Marketing LTD
Email
dealing@profit-trade.com
Contact Number
+447520644068
Account Info
Verified Site
Relationship Map
Related Companies
Employees
About Us
Disclosure
News
Wiki Q&A
Comment

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Official Website

Verified Site

Top Visitor Locations
JordanJordan
  • profit-trade.com
    104.27.135.217
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    Jordan Jordan
    Creation Date
    2011-05-07
    Website Name
    WHOIS.NAME.COM
    Company
    NAME.COM, INC.

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PROFIT TRADE

Related Companies

GPS MARKETING LTD(United Kingdom)
United Kingdom
GPS MARKETING LTD(United Kingdom)
Active
United Kingdom
Registration No. 13620221
Est. Date
Source Official Statement
Employees

Review summary

PROFIT TRADE, operating under the corporate entity GPS Marketing LTD, is registered in Bulgaria and has been active in the forex trading space for an estimated 5-10 years. The broker offers multiple account types with varying entry conditions, including an Educational account with a minimum deposit of $250 and a VIP account requiring a $50,000 minimum. Key trading features such as MetaTrader platform support, leverage specifics, and detailed spread information are not publicly disclosed. According to WikiFX data, the most critical aspect of this broker is its regulatory status: it holds NO valid, authoritative forex trading licenses from recognized financial authorities. Consequently, it operates without the financial oversight, client fund segregation, and dispute resolution mechanisms typically mandated by major regulators. This structural absence of regulation presents a significant compliance gap for potential traders. The WikiFX assessment assigns an overall score of 1.58, reflecting this fundamental deficiency. While specific performance metrics on execution speed and trading costs are not available, the lack of a formal regulatory framework is the defining and primary consideration for any engagement with this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Exposing Profit Trade: Profit Only Exists in Its Name, Not During Trade

Exposure Exposing Profit Trade: Profit Only Exists in Its Name, Not During Trade

If there was ever a forex scammer to be alert of, Profit Trade emerges as the first one. The Bulgaria-based forex broker has been annoying investors by denying their withdrawal requests, suspending their account without any reason, and unfulfilled promises.

Wiki Q&A

Is it risky to trade with PROFIT TRADE?

PROFIT TRADE presents a high-risk trading profile, primarily due to its regulatory framework. According to WikiFX data, it holds no valid licenses from recognized financial authorities like the FCA or ASIC, operating under Bulgarian entity GPS Marketing LTD. The fundamental absence of a formal regulatory structure means it lacks mandatory client fund segregation and official dispute resolution channels. Potential traders must be fully cognizant of this significant compliance gap, as their capital would not benefit from the protections associated with regulated brokers.

04-02
United States

Which financial regulator oversees PROFIT TRADE?

PROFIT TRADE is not overseen by any major financial regulator. An analysis of its regulatory status confirms the broker does not hold authorization from mainstream authorities such as the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). It operates without the direct supervision and rule enforcement that established regulatory bodies provide.

04-02
United States

Where is PROFIT TRADE registered?

PROFIT TRADE is registered in Bulgaria, operating under the corporate entity GPS Marketing LTD. The firm has been active in the forex trading space for an estimated 5 to 10 years. It provides traders with multiple account types, including Educational and VIP accounts requiring minimum deposits of $250 and $50,000, respectively.

04-02
United States

¿Qué es un sitio web clonado de un bróker?

Un sitio web clonado de un bróker es una página fraudulenta que imita la información de una empresa legítima para inducir a los inversores a realizar depósitos. Estas páginas suelen copiar el nombre de la marca, el diseño del sitio e incluso la información regulatoria. Sus características comunes incluyen dominios similares al sitio oficial, información de contacto difícil de verificar y promesas de rentabilidad inusualmente altas. Una vez transferidos los fondos, normalmente resulta difícil recuperarlos. Se recomienda verificar el dominio oficial, la información regulatoria y utilizar WikiFX como herramienta de verificación adicional.

Two days ago

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

Two days ago

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

Two days ago

Bagaimana cara menentukan apakah broker teregulasi?

Untuk menentukan apakah broker teregulasi, hal utama yang perlu dilakukan adalah memverifikasi apakah broker tersebut memiliki lisensi keuangan yang valid. Investor dapat memeriksa nomor lisensi dan statusnya melalui situs resmi regulator seperti Financial Conduct Authority (FCA) atau Australian Securities and Investments Commission (ASIC) untuk memastikan keasliannya. Perlu diperhatikan bahwa beberapa broker mungkin menggunakan lisensi pihak lain atau beroperasi di luar yurisdiksi yang diizinkan, yang juga mengandung risiko. Berdasarkan data WikiFX, status regulasi, riwayat operasional, dan skor risiko dapat digunakan sebagai referensi tambahan.

Two days ago

¿Cómo identificar si un bróker presenta un perfil de riesgo elevado?

Un bróker puede evaluarse como de mayor riesgo considerando factores como la situación regulatoria, las reclamaciones de usuarios, la seguridad de los fondos y la coherencia de la información pública disponible. En general, los brókers sin regulación válida, con problemas frecuentes de retirada o con un elevado número de reclamaciones suelen presentar mayores niveles de riesgo. En WikiFX pueden consultarse el estado regulatorio, la puntuación integral, los registros de exposición y las opiniones de usuarios como referencia adicional.

Two days ago
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