Profit X. Investment has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.profitx.live.
The platform itself is okay, but the customer service at Profit X. Investment 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: Segregated accounts|Clear documentation
Cons: No live chat on mobile
I requested my data from Profit X. Investment under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Smooth onboarding|Two-factor authentication
Cons: Minor UI glitches occasionally|No integrated tax optimization
Do not use Profit X. Investment for anything serious. I used them since early this year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Wide product range|Segregated accounts|Multi-currency support
Cons: Limited cryptocurrency options|Nothing significant
After using Profit X. Investment for a few weeks now, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Tax reports included|Risk management tools|High security standards|Two-factor authentication
Cons: No live chat on mobile
I found Profit X. Investment from a blog post comparing services and the initial impression was positive. But for over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Smooth onboarding|Fast execution|Good analytical tools|Competitive fees
Cons: Nothing significant|Website design could be more modern
Profit X. Investment offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Low minimum deposit|Regular updates
Cons: None so far|Help articles are sometimes vague
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Profit X. Investment has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Finansinspektionen|Cannot verify credentials
I had high hopes for Profit X. Investment after attending a webinar they hosted, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: API access|Instant funding
Cons: Desktop app not available on Linux|No phone support on weekends
Tried to withdraw my funds from Profit X. Investment and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
I had a dispute with Profit X. Investment and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Wide product range|Risk management tools|Portfolio tracking tools|High security standards
Cons: No crypto staking