Profit Monster (profitsmonsters.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: profitsmonsters.com.
The platform at Profit Monster (profitsmonsters.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: Easy withdrawals|Tax reports included|Stable platform
Cons: Search feature is basic
After for nearly two years with Profit Monster (profitsmonsters.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Professional team|Detailed reporting|Great customer service
Cons: No crypto staking
Opened my account with Profit Monster (profitsmonsters.com) after doing extensive research and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Intuitive for beginners|Good analytical tools|Economic calendar|Educational resources
Cons: Minimum deposit could be lower|Website design could be more modern
Profit Monster (profitsmonsters.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: API access|Multi-device support|Dedicated account manager
Cons: Charting tools need more indicators|Limited cryptocurrency options
Profit Monster (profitsmonsters.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Good analytical tools|Economic calendar
Cons: Account statements could be more detailed
The platform itself is okay, but the customer service at Profit Monster (profitsmonsters.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Easy withdrawals|Clear documentation
Cons: No phone support on weekends
Profit Monster (profitsmonsters.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Customizable dashboard|Easy to use platform|Stable platform
Cons: Account statements could be more detailed
If you are reading this considering Profit Monster (profitsmonsters.com) - run. I wish I had read more negative reviews after my brother mentioned them. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multi-currency support|Personal attention|Clear documentation
Cons: Alert system is basic|Limited social trading features
I am in a dispute with Profit Monster (profitsmonsters.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Fast deposits|Good mobile app
Cons: Charting tools need more indicators
What really bothers me about Profit Monster (profitsmonsters.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after attending a webinar they hosted and I fell for the polished exterior. Never again.
Pros: Automated trading options|Comprehensive tools|Professional team|Intuitive for beginners
Cons: Could offer more webinars