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ProfitsTrade Review Tutorial

Profits Trade is a leading online financial market broker where traders around the world can trade on Fx, stocks, cryptocurrencies, products and indices. The Forex broker offers a comprehensive trading environment that allows both beginners and experienced traders to access a wide range of services, functions and tools without leaving the powerful and intuitive trading platforms.

Profits Trade offers users an extensive catalog of educational materials to help both beginners and experienced traders profitably navigate the Forex signals markets. Their blog is extensive and offers a wide range of educational resources with lots of Forex trading reviews, while their trading platforms offer advanced charting and analysis tools that also help Forex traders.

Affordable price charts also show actions for different time periods, including 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, 1 week and 1 month. Candles are also clearly visible, showing activity by asset class. This access greatly simplifies the analysis.

ProfitsTrade Review claims the company provides the functions of stop loss and take profit when placing an order. You can easily see major, minor and exotic currency pairs, while cryptocurrency pairs and Forex signals are also available for viewing.

What is ProfitsTrade?: Pros and cons

The following advantages of the ProfitsTrade broker can be distinguished in this ProfitsTrade Review:

a large selection of trading pairs with the participation of cryptocurrencies and fiat;

simple and convenient Forex platform with indicators;

the presence of several trading accounts for both beginners and professional traders;

quick registration on the website;

accessibility of training materials for beginners and experienced users;

publication of news reviews, which allows customers to keep abreast of the latest developments in the global financial Forex market;

round-the-clock technical support, including online chat.

Based on customers’ ProfitsTrade Review, the disadvantages of the legal broker Profits Trade include:

low level of trust due to the lack of a regulator and accurate registration information;

few ways to deposit and withdraw funds; lack of information on commissions;

high entry threshold - from 250 USD;

no demo mode to practice.

 Is ProfitsTrade good broker?

The answer is yes. Being a legit and licensed platform, Profits Trade ensures that online Forex trading in financial Forex market is easy, as they provide their customers with the necessary tools to succeed. Although tools are available, ProfitsTrade Review also recognizes that it is important to know how these trading tools work. As a result, the broker provides educational financial content in a language that everyone understands. That is, they break down financial data and explain it so that both novice and experienced traders can use this information to their advantage.

 Is ProfitsTrade regulated?

ProfitsTrade brokerage organization was founded in 2017 and has already managed to gain popularity among traders investing from different countries. The ProfitsTrade Review company has consolidated its leadership in the Forex market thanks to a large selection of trading instruments and favorable trading conditions. The official website of the Forex broker has a simple and intuitive interface for beginners. New users are also offered to take a training course that allows you to understand the basics of online Forex trading in general and working with the Forex broker ProfitsTrade in particular. For experienced traders, the company periodically organizes webinars, publishes news and analytical reviews of leading experts.

ProfitsTrade Review: How does a trading platform work?

ProfitsTrade is a modern analytical system with a wide range of opportunities for trading online currency pairs in the Forex market or futures contracts on the exchange. Thanks to the free Forex demo account version, any trader can use its functionality to the maximum for analysis and testing of their trading online systems, and flexible settings allow each user to customize the platform for their individual needs.

The trading platform offers both fixed and floating spreads. Fixed spreads are available for those using standard and classic types of accounts. Those with premium accounts and above also have fixed spreads, but can use floating spreads as well.

Profits Trade has several commissions that are charged to traders. The commission for an inactive account is $ 85, and it is charged to accounts that have been inactive for 30 days or more.

Profits Trade also charges a withdrawal fee. Withdrawals are subject to withdrawal processing fees, and commissions are deducted from the transferred withdrawn amount.

Broker account types

ProfitsTrade broker offers 6 types of accounts. We will briefly review each option you may find:

Educational. According to customer reviews, this option is suitable for novice users. The minimum entry threshold is $250. Base currencies and fixed spreads are available to traders;

Standard. The minimum deposit is $2,500. Cryptocurrencies, gold, silver and oil are added to the base coins. As customers say, an account manager is also available to owners of a standard account;

Premium. To trade assets, the user must  deposit the balance in the amount of $ 25,000. At the same time, leverage increases to 1:400, various bonuses are provided. You can work with fixed and floating spreads;

VIP. The minimum  deposit amount is $50 000. The amount of leverage is 1: 400. VIP clients can take part in the affiliate program, bonuses and express transfers are available;

Tailored. Only a short description is published. But, as customers say, the owners of this account are offered individual working conditions;

Robot. This is a tool for algorithmic trading. Customers are offered discounted prices. But in their reviews, traders say that advisers work poorly, so you can not count on big profits.

Profits Trade broker offers the following types of trading online assets:

fiat currencies: USD, EUR, GBP, AUD, NZD, JPY, RUB, CHF, CAD, MXN;

cryptocurrencies: BTC, LTC, XRP, DASH, BCH, ETH (most Forex trading pairs consist of a combination of digital coins and fiats);

shares of leading and little-known companies: Amazon, Facebook, Microsoft, Uber and many others;

commodities and precious metals;

indices.

With ProfitsTrade you can trade currency, stocks, precious metals, and cryptocurrency. The site presents 6 types of trading accounts along with Forex review. The minimum deposit is $250. Fixed spreads and a leverage of 1:200 attract beginners and experienced traders.

It is possible to choose the trading platform on which the trade will take place. For those who do not want to download the app, there is a web Forex platform. Each client can build Forex trading in a way that is convenient for him.

Analytics is represented by signals, charts, and news. The site also has an economic calendar. Video analysis will help traders make the right choice without understanding the signals themselves.                                                                                                                                                                                      The ProfitsTrade Forex trading platform is available for free in Forex demo account mode for up to 14 days. If you want to continue to use the terminal, just go through the re-registration to a new email address. If the access data does not come to the new mail, you can do the registration process through an anonymous browser. Thus, you can take advantage of the Forex trading platform for free for an unlimited time.

ProfitsTrade trading Bonuses

The bonuses offered in Profits Trade vary depending on the type of account selected. For educational and standard packages, a bonus is not provided. However, those who have premium accounts receive additional bonuses in the amount of up to 100% of the deposit funds, while those who have VIPs receive up to 200% of the bonus on deposited funds. An individual package also receives a 200% bonus on deposited funds.

ProfitsTrade Review Methods of Payment

When reviewing the ProfitsTrade broker, we saw the following ways to deposit funds:

Credit and debit cards VISA, MasterCard, Mir;

BridgerPay;

Bitcoin transfer;

QIWI;

and other

To withdraw money, you need to go to your personal account, and then - to the section "Withdraw funds". You can withdraw capital through credit and debit cards.

About Support

Technical support works around the clock 5 days a week. If you have any questions, you can fill out the feedback form, which is located on the site or call the phone number. The support service employs qualified specialists who are ready to solve any problem with the withdrawal of funds, Forex trading terminal, or analytics.

Trading Platform Review:  Conclusion

According to the results of a review of the site, we can conclude that the broker offers favorable Forex trading conditions. Many assets and Forex trading pairs are available to customers, there is all the necessary analytical information to choose a winning strategy. But in the reviews, customers complain about a high entry threshold, lack of a license and delays in paying profits. Therefore, decide at your discretion whether it is worth trading with a the broker ProfitsTrade.