TheProfitSupp has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I have been trying to close my account with TheProfitSupp for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Fast deposits|Economic calendar
Cons: Would like more payment methods|Limited social trading features
The spread at TheProfitSupp is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.
Pros: Transparent fees|Copy trading available
Cons: No phone support on weekends
TheProfitSupp locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Multi-device support|Comprehensive tools|Intuitive for beginners
Cons: No integrated tax optimization
TheProfitSupp 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: Low minimum deposit|Transparent fees|Market news feed
Cons: Email notifications too frequent|Spreads widen during volatile periods
After for about ten months with TheProfitSupp, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Copy trading available|Helpful community forum
Cons: Limited ETF selection
I had a dispute with TheProfitSupp 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: Tax reports included|Transparent fees|Multi-device support
Cons: Onboarding videos are outdated|Would like more payment methods
TheProfitSupp 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: Full transparency|Fast deposits
Cons: No fractional shares|Would like more payment methods
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that TheProfitSupp 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: Not registered with regulators|Unrealistic promises
After using TheProfitSupp for close to eighteen months, 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: Customizable dashboard|Fast support response|Smooth onboarding|Competitive fees
Cons: No integrated tax optimization|Account statements could be more detailed
My card was charged twice by TheProfitSupp on the same day. I had to dispute it with my bank. TheProfitSupp then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Intuitive for beginners|Personal attention|Detailed reporting|Helpful community forum
Cons: Nothing significant