ProfitsTrade Review: Unique features of
trading with forex broker
Any forex review that wishes to understand the pros and cons of the multiplicity of
trading platforms available today needs to be comprehensive and reasoned. We take
forex trading reviews very seriously, so we resolved to check the new platform
ProfitsTrade, which has been launched recently with a certain success.
We asked ourselves: why is ProfitsTrade different? What makes it unique? Why do
traders choose this platform over others? We set out to answer these questions with
our review, and we want to present our findings and considerations here.
ProfitsTrade Regulation
ProfitsTrade’s main regulatory framework is the UK’s Financial Conduct Authority or FCA. This framework holds the company to the highest standards in the forex broker industry and ensures that any wrongdoing is severely punished.
ProfitsTrade is a global forex trading platform authorised to run its online trading operations in multiple countries; its team consists of highly- trained, experienced brokers and professionals with a focus for forex education and conscious online trading.
Why choosing ProfitsTrade?
During our experience with ProfitsTrade, we understood three key features that attract traders to open an account on this trading platform.
First, ProfitsTrade offers a comprehensive online forex platform without renouncing the flexibility that many beginners are looking for - which means, it offers a full-range of tools and interface customisation that will captivate experienced traders, while at the same time offering advantageous low to fee-free deposit and withdrawal policies, as well as interconnectivity, which is much favoured by newcomers in the trading world.
Second, ProfitsTrade is not just about trading online. One of the key aspects of its inception is to provide its users and traders with a vast range of educational, training materials on forex market terminology and strategy. ProfitsTrade prides itself on being a one-of-a-kind educational archive AND forex trading platform.
Third, ProfitsTrade wraps it up nicely with advantageous bonuses and an effective customer support experience, which makes traders invested in the platform. The bonus system, coupled with 24/7 multilingual support ticket system, build strong trust between ProfitsTrade brokers and their traders.
ProfitsTrade Review:
Rich Bonuses and VIP Programs
We were impressed by ProfitsTrade Bonus System, which targets both newcomers and experienced traders. ProfitsTrade is a recent platform, therefore it is still building its own bonuses and offers, but those available will be already quite satisfactory for most.
ProfitsTrade offers two types of Bonus Systems. One is dependent on the Account Type of your choice as a user, the other is applicable to you as a user itself.
The first type of bonuses is accredited for free on the basis of your Account Type minimal deposit - if you chose the Silver Account, you are eligible for $50 bonus (20%), if you chose the Gold Account it is $150 (30%), while the Platinum Account gives you a staggering $400 bonus equivalent to 40% of your deposit. We found this a great bonus solution that encourages new traders to start their online trading experience, and in this ProfitsTrade does indeed follow a successful pattern in forex trading platforms.
You are eligible for the second type of bonuses if you become full member of the ProfitsTrade platform, for example if you Refer a Friend, therefore gaining a bonus based on referrals for making others signing up to the platform via a secure link. This is the weaker option of the two since the full social interface of ProfitsTrade is still being optimised, nonetheless, it could become a powerful tool for network-building in the future.
How to open your account?
We found opening an account at ProfitsTrade extremely easy. You simply navigate to their main page ( __ ), and scroll down until you see the ‘Get Started Today’ button. Simply click on it and you will be redirected to the Sign Me Up page.
We inserted our personal data and email, and chose a Gold Type Account to start. If you wish, there is also the possibility to open a Demo Account in order to try the platform without making any initial deposit.
ProfitsTrade Account types
As of today, ProfitsTrade lets you choose between a forex Demo Account, a Silver Account, a Gold Account and a Platinum Account.
The Demo Account is a forex demo account that allows newcomers and experienced traders to sign up and try the platform with a virtual allowance in order to evaluate for themselves whether the platform fits their needs. We found the Demo Account option a great feature for those who are just looking to change platform and cannot commit straight away. Trying out
the platform and making use of the tools without making any deposit can be game-changer even for the most skeptical.
The Gold Account starts at 500$, with $650 total trading funds, four trading signals and 2 free educational sessions. There’s not much to say about this typology, it is mainly for intermediates, traders with previous knowledge which only want to commit a small sum of investment while still reaping significant benefits.
The Platinum Account starts at a higher deposit of $1000, but offers a free package of 400$ Bonus, 8 Trading Signals and 3 Educational Sessions. Moreover, the total trading funds is topped up at $1400. The Platinum Account gives you full control of the platform and is aimed at experienced traders aiming to reap the full benefits of the ProfitsTrade forex trading experience.
ProfitsTrade Review: Optimised Online Trading Platform
Let us now look at the ProfitsTrade online trading platform. ProfitsTrade has a fully customisable platform with many options for traders looking to take full control of their wide array of tools and instruments.
Market trends, analytics and Buy/Sell buttons are easily found for both new traders and experienced professionals. You can set stop-loss and take-profit margins with ease, and the platform also allows four set of orders: Instant, Market, Request and Exchange Execution. Colour scheme is also available for full customisation by the user.
What strikes us most of the ProfitsTrade platform is its full integration with Trading Signals; each signal is embedded and implemented through easily understandable criteria, and an automated service allows newcomers to enjoy such functionality without having to mess around too much with the interface.
We found the design eye-catching without being complex, which means both beginners and experienced traders will quickly manage to understand the workings of the system. Technical indicators, though on competitor sites can be confusing, are perfectly rendered along with the
80+ tools and charts that the trader user can benefit from.
All things considered, ProfitsTrade did a great job with creating such an immediate yet useful interface. The platform runs smooth both on desktop and mobile, being lightweight for the majority of devices without sacrificing the wide range of functionalities it entails.
ProfitsTrade Review:
Mobile Compatibility
We have found that the Mobile version of ProfitsTrade trading platform follows closely the desktop version, offering an optimised experience for mobile users. Setting up the app and customisation requires little time, simply download the app from the website or the App store in case of iOS mobile, and start it up.
The ProfitsTrade mobile app interface is designed to be a smartphone integrated full fx trading tool. As it draws on the desktop version, most features that are available on the desktop version are available on mobile as well. Customisation is high, and training materials and relevant tools also run smooth on your portable device.
Demo account option, as well as cryptocurrencies, transfers online forex trading are all key features of the ProfitsTrade mobile app. Our experience with this tool has been positive, and it is an important addition to the range of offer by ProfitsTrade forex platform as a whole.
We can say with certainty that the ProfitsTrade mobile app runs smooth, easy on any advice and retains the user-friendly approach of the desktop version, giving full control to the user of materials, tools and indicators to push forex trading to absolute best.
ProfitsTrade Review:
Powerful Tools to Enhance the
Trading Online Experience
Many forex trading reviews for forex trading platforms fail to mention any specific tools offered, and this is a serious issue since many online forex trading platforms fail to provide any unique or essential tool as part of their package for newcomers and experienced traders alike. Many forex broker companies focus solely on the platform, without including features that could elevate and enhance the experience of trading online.
As part of our ProfitsTrade review, and because we take forex review seriously, we have looked in depth at the tools provided by Profits Trade, and we can say we are extremely satisfied
with what is offered to the users.
First, let us look at tools which enhance the forex trading platform provided by Profits Trade. Profits Trade has a built-in set of advanced analytics, embedded in the platform design,
which come in handy of new traders as much as they can be optimised for full control by experienced traders. Moreover, we found the Market Heat Map particularly useful to understand current market trends, and its vivid color scheme and simplicity of graphs and statistics is easy to understand and memorise.
One of Profits Trade most valuable assets lays in its Educational component. We found ProfitsTrade to be not merely a forex trading platform, but a powerful forex educational archive as well. ProfitsTrade provides us users with tons of educational material, such as videos, trainings and
lectures on a variety of forex hard terminology and risk management strategy. It is useful for new traders to sign up just to learn the a’s and b’s of online trading thanks to ProfitsTrade educational materials.
Two other tools which are definitely worth mentioning are the Live Market News and the Economic Calendar feeds. These two work as an effective and comprehensive instrument to track forex market fluctuations, changes, and world events that could impact or influence prices and indicators. It could be a governmental decision or a WTO ruling. It could be a particular economic policy by the Federal Reserve, the ECB or by China.
As users we were grateful to ProfitsTrade for providing us with a calendar and a news feed to always stay updated. Staying informed is pivotal for any trader who wants to always stay at
the top of his or her game.
In conclusion, Profits Trade offers a wide and comprehensive range of tools which compare it favourably to its competitors. Traders will be captivated by the cutting-edge design, high-
technology platform. And we are sure every user will check the daily market newsfeed more than once per day. That is, if they are not too busy learning the next level of online trading via the apposite training included in the educational section!
ProfitsTrade Review:
Safe Deposits, Free Withdrawal Feesand Easy Options
Compared to its competitors, ProfitsTrade has the advantage of offering fee-free deposit. The minimum deposit is $250, which is quite low for a global forex trading platform, reinforcing our assessment that ProfitsTrade is a particularly suited platform for beginners and traders that are looking for an adaptable and secure trading online experience.
Moreover, another big plus is the possibility to link your account for deposit through fiat currency. Many platforms are switching to cryptocurrency only, which can be an issue for traders which are just
now considering switching to cryptocurrencies or that just wish to trade fx through fiat rather than crypto. Still, any experienced trader that wishes to connect his cryptocurrency account to ProfitsTrade platform can do it easily by funding from his crypto wallet directly.
When it comes to withdrawals, these are relatively pain-free and follow the logic of the chosen account and deposit type. The flat rate for any withdrawal is__, which is more competitive than many other global forex trading platforms. While any withdrawal might take some time to show up in the system, we personally found the deposit-withdrawal system by ProfitsTrade to be secure and, most of all, fast and effective.
One last thing we would like to highlight is how well the deposit, exchange and withdrawal operations are integrated with one-another. The interface runs quick and we found few technical problems if none at all. Connecting between account types is simple. The security steps also
guided us through in a transparent and painless way. All in all, we were happy with how ProfitsTrade set up depositing and withdrawing money in and from the platform.
Reviewing ProfitsTrade Customer Support:
Efficient and Effective
When traders are looking for the perfect forex trading platform, one of the key aspects they want to understand is just how much support is offered to them in case of any issue. ProfitsTrade seems to tackle the support section most seriously and comprehensively. We were left very satisfied with ProfitsTrade support to their customers, because of its range of support tools and the immediate responsiveness of its customer support team.
We would like to point out, first of all, that ProfitsTrade support is indeed multilingual. They offer support in English, Arabic, Spanish and most of the world’s major languages. This is an incredible plus for a company, since many forex market so-called ‘specialists’ appeal to the global outreach of their platforms but can only offer support in one or two major languages. It is decidedly not the case with Profits Trade. This platform has a dedicated, international team ready to help out whenever an issue arises.
Second, we would like to stress that they do indeed run a 24/7 user support operation. This seems like a common feature, but it is hard to find a company which does indeed offer a 24/7 support globally for no additional cost.
It is also worth mentioning that their FAQ offers a comprehensive set of troubleshooting practices and strategies. Even the most basic traders can fix most of the issues by just taking a quick look at the FAQ.
The ‘Contact Us’ section also offers the opportunity to open a ticket in order for an agent to contact you ASAP for quick, direct support. The responsiveness of these agents is between 24 to max 48 hours. While this might seem like a mighty long time, remember this is a global platform with a conspicuous amounts of instances open worldwide. Once our ticket was received, an agent soon contacted us and helped us fix the problem in less than two hours.
One of the highlights of ProfitsTrade forex trading platform is also the offer of a personal Account Manager if you chose the relevant account type. The Account Manager is there to help you navigate and take full control on the trading platform interface, but his or her help is pivotal especially when it comes to technical difficulties that the platform is experiencing. These are professionals that know every trick of the platform design. They were especially helpful in our case.
All in all, our experience with ProfitsTrade customer support was time-efficient and effective. Their agents are polite and respectful, and the diversity of tools, such as the FAQ and the ticket system, make for a comprehensive range of options to resolve any issue, be it of a personal or technical nature.
ProfitsTrade Review:
Our Conclusion
We can safely conclude that ProfitsTrade has impressed us with its diverse features and in-depth approach to online trading, its focus for education as integral part of becoming an accomplished and confident trader, its cutting-edge design interface and customisation options, and its efficient support system.
ProfitsTrade accomplishes something that many platforms lack, which is, to instils a sense of trust between trader and broker platform, without taking from the trader or the broker any sense of personal ownership of the forex platform itself — both feel that through ProfitsTrade they can
be at their best when working as a team, learning and making business together.
While ProfitsTrade offers extended education and trading features, we found the social connectivity of the platform still at its early stages. This is to be expected from a platform which is just getting traction, but it is something that ProfitsTrade should enhance in the future.
Conclusively, we believe ProfitsTrade to be a unique mix of education and trading platform for forex market specialists and newcomers alike. We are looking forward to continue trading with ProfitsTrade in the future and enjoy its full range of trading instruments!
PROS:
01
Competitive Account Types and Withdrawal options
02
Comprehensive, in-depth educational materials
03
Dedicated and passionate brokerage system staff
04
Multilingual, 24/7 support
05
Fully-customisable design interface
06
Advanced analytics, Market News live feed, Powerful Trading Signals
CONS:
01
Low social connectivity
02
Sometimes slow response for ticket system
FAQ:
Is Forex trading legal?
One common misconception about FX trading is that it’s illegal. However, not only that is not the case, but it is also a grossly misinterpreted stereotype! In fact, not only forex trading is legal, but trading forex online can be one of the most rewarding experiences for any trading professional.
The Forex market is the largest market in the world, and it has allowed countless traders to save up money and start their own personal businesses from just a small sizeable initial deposit.
There is also another misconception, which is, that dealing with brokers is very risky. While this might be true if you deal with fraudulent brokerage schemes, ProfitsTrade as a platform as a highly secure and tightly-controlled team of brokerage partners, experienced and passionate about trading.
Therefore, Profits Trade as a platform takes online trading seriously by giving you educational materials, live market feeds and a detailed interface designed to optimise the online trading
experience. Trading forex can be risky just like anything else — but with the right platform, the right broker and the right trader, that’s where true business and true rewards await.
How do I start an investment account?
Opening investment account with ProfitsTrade is easy and fruitful. Any investment account relies on brokerage, which is, on the aid of a broker to manage and direct your investment to the most
profitable trades.
To open an investment account at ProfitsTrade, there’s not even a need for an initial deposit. You can check the platform by signing up for a free demo account, in order to evaluate the interface provided and see if it fits your needs as a trader.
If you wish to open an investment account at ProfitsTrade, you can use our online Sign Up and then make an initial deposit by transferring money via fiat currency or your personal cryptocurrency wallet.
Be advised that any managed investment account comes with an investment manager, either in the form of an investment advisor (a broker) or a robo-advisor. There’s a number of platforms that offer
each or the other. ProfitsTrade works with renowned international investment management specialists that will not only manage your investment, but teach you the a’s and b’s of forex trading through the available educational resources at ProfitsTrade.
I can’t access my account. How do I get help?
As a ProfitsTrade user, you have a variety of options to get help regarding any issue. In the case of a faulty access or blocked account, you are welcome to read the FAQ where there are many instances of people having similar technical problems which have been resolved swiftly and painlessly.
If you cannot find your answer on FAQ, you are encouraged to open a ticket through the Contact Us section, by filling up your contact details and relevant account number. An agent from ProfitsTrade will contact you shortly after that so that you can regain full-access to your account as fast as possible.