Cryptocurrency Exchanges

Profits-monitoring

1.6 (15 reviews)
🇬🇧 United Kingdom
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1.6
15 reviews
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About Profits-monitoring

Profits-monitoring 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. Website domain: profits-monitoring.cloud.

Customer Reviews

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Customer service does not exist

I
Isaac W.
2 weeks ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Profits-monitoring recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: Fast deposits|Good analytical tools|Easy withdrawals|Regular updates

Cons: Email notifications too frequent|Would like more payment methods

They are hiding something

T
Teresa R.
1 months ago

KYC with Profits-monitoring is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Responsive team|Clean UI|Low minimum deposit|Economic calendar

Cons: No fractional shares|Currency conversion fee exists

They have gotten worse over time

R
Richard P.
1 months ago

Profits-monitoring seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Responsive team|Portfolio tracking tools|Real-time alerts|Fast support response

Cons: Mobile app could be improved|Some tools only available on higher tiers

Stay far away from this company

M
Mark P.
1 months ago

Tried to withdraw my funds from Profits-monitoring 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: Initially responsive customer service

Cons: Blocked my account|No legitimate license|Fake returns

The opposite of what they advertise

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Catherine J.
2 months ago

I lost a significant amount because Profits-monitoring did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Competitive fees|Intuitive for beginners

Cons: Would like more payment methods

Proceed with extreme caution

K
Kevin M.
4 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Profits-monitoring 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.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Nothing but problems since day one

A
Alex Z.
5 months ago

The platform itself is okay, but the customer service at Profits-monitoring 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: Portfolio tracking tools|Smooth onboarding|Two-factor authentication|Easy withdrawals

Cons: Currency conversion fee exists|Wish they had more educational resources

Check regulatory status before investing

E
Emma F.
5 months ago

I looked into Profits-monitoring and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Flagged by international regulators|Due diligence required

Commission structure changed retroactively

G
George X.
6 months ago

I joined Profits-monitoring after comparing multiple platforms and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Low minimum deposit|Multiple order types|Smooth onboarding

Cons: Email notifications too frequent|Inactivity fee applies after 12 months

Account locked for no reason

S
Shannon K.
7 months ago

Where do I even begin with Profits-monitoring? since early this year 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|Tax reports included|Easy withdrawals|Educational resources

Cons: No phone support on weekends|Mobile app could be improved