Cryptocurrency Exchanges

Profitablefxtrading

1.6 (14 reviews)
🇬🇧 United Kingdom
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1.6
14 reviews
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About Profitablefxtrading

Profitablefxtrading has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Commission structure changed retroactively

I
Iris G.
5 days ago

I closed a profitable position at Profitablefxtrading and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Easy withdrawals|No hidden fees|Comprehensive tools

Cons: Minimum deposit could be lower

Lost my investment - DO NOT TRUST

F
Frank M.
1 months ago

I was contacted by Profitablefxtrading through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Tax documents wrong every year

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Amy X.
1 months ago

I referred a friend to Profitablefxtrading after doing extensive research. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Two-factor authentication|Real-time alerts|No hidden fees

Cons: Mobile app could be improved|Spreads widen during volatile periods

Beware - This company is not legitimate

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Paul H.
1 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Profitablefxtrading is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Pros: Professional looking website

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Chrome extension broken

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Aria O.
3 months ago

Do not use Profitablefxtrading for anything serious. I used them for about three months 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: High security standards|Easy withdrawals

Cons: Spreads widen during volatile periods|Onboarding videos are outdated

Do your due diligence first

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Jessica E.
3 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

Zero accountability

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Laura R.
4 months ago

I trusted Profitablefxtrading with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: High security standards|Market news feed|Fast deposits|Helpful community forum

Cons: Limited ETF selection

Please save yourself the headache

S
Seth C.
4 months ago

Where do I even begin with Profitablefxtrading? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Portfolio tracking tools|Real-time alerts|Customizable dashboard

Cons: No phone support on weekends|No fractional shares

Platform manipulated during volatility

M
Monica I.
5 months ago

Profitablefxtrading 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: Fast deposits|Economic calendar|Portfolio tracking tools|Good analytical tools

Cons: Withdrawal takes 1-2 business days|Charting tools need more indicators

Headed in the wrong direction

S
Simon H.
5 months ago

My withdrawal from Profitablefxtrading was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.

Pros: Segregated accounts|Instant funding|Excellent charting|Clean UI

Cons: No crypto staking|Limited cryptocurrency options