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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

PROFIT CINDA LIMITED

United Kingdom United Kingdom | 2-5 years |
Scam Brokers | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.profitfx.net/index.htm

Website

Rating Index

Regulation 2.69 Tech 4.31 Reputation 2.06 Business 6.30 Risk Control 0.00
1.21

Contact

https://www.profitfx.net/index.htm
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

No forex trading license found. Please be aware of the risks.

This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified as unauthorized. All of its previous licenses have expired, and it has been placed on WikiFX's Scam Brokers list. Please be aware of the high risk.
5
Hương Phạm

Hương Phạm

Unverified

Vietnam

I have invested in Profit cinda limited through the broker Anh Phuc financial investment and support company limited based in Da Nang Vietnam, trading account 2077838 with investment capital of 1,000 USD. Then when I wanted to withdraw my capital, the exchange did not allow it and arbitrarily made consistent transactions without my consent and generated abnormally high profits, they asked me to submit money to prove that the anti-money laundering financial statement is 35% of the total amount more than 16,000 USD. When I didn't pay they froze my account for 7 months now. I asked the authorities to intervene with the above brokerage company to return my capital of 1,000 usd. Thank you, I would like to add some pictures of my 1000 USD deposit history on November 25, 2022 into my account 2077838.

phạm đình huy

phạm đình huy

Unverified

Vietnam

This broker has lost my initial outlay, I have reported many times and asked to pay my initial outlay, but so far the exchange has not paid and blocked all contact.

Dico Việt Nam

Dico Việt Nam

Unverified

Vietnam

I denounce this floor which has cheated my money nearly 150,000,000 dollars and put me in debt. I hope the agency investigates arrest these scammers. They broke into the system and locked my account and I lost all the money I invested

phạm đình huy

phạm đình huy

Unverified

Vietnam

this floor has lost my initial investment from 12/2022 until now; do not compensate me; I have submitted many times (38 times); but no one can help; I hope the authorities will consider and help me (my initial investment is $6000)

atuan1207

atuan1207

Unverified

Vietnam

This platform has scammed me nearly 50,000 USD. By forcing customers to top up many times to entice consistent transactions, but then force customers to pay PIT, foreign currency conversion fees... and other reasons to scam customers, while goods platform still withdraw 50% profit from my account. Ask the police to get involved. Currently, this company is registered by Director Nguyen Van Phuc under the name Anh Phuc Financial Investment and Support Company Limited, address: No. 6 Phan Tu, My An Ward, Ngu Hanh Son District, Da Nang City.

FX4276217695

FX4276217695

Unverified

Vietnam

I deposited $1,500 into my account opened at PROFIT CINDA LIMITED on April 10, 2023. On April 14, 2023, when I made a withdrawal order, I only saw in the withdrawal history that the order was approved, but the money was not transferred to my bank account. I contacted the exchange's customer service staff, they denied responsibility and blamed the conversion bank. But the reality is that they intentionally did not execute my withdrawal order and took my money. Currently, their customer service staff has deleted my zalo friend and blocked contact with me. Apparently PROFIT CINDA LIMITED is scamming customers' money. I'm looking forward to your help, thank you very much

phạm đình huy

phạm đình huy

Unverified

Vietnam

This bank did not remit money to me, and I have successfully cashed out the withdrawal slip that has not been transferred for over 4 months. Seek help from institutions. He violated the contract and agreement he signed with me.

phạm đình huy

phạm đình huy

Unverified

Vietnam

This platform intentionally lost my initial investment capital of 6,000 USD, asking for compensation according to the signed commitment; The platform used the initial investment capital improperly. my account has been frozen for almost 4 months now. hope the departments help

60
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Verified Site
模块说明(前端未翻译)

  • profitfx.net
    104.21.15.243
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Basic Information
Registered Countries United Kingdom
Regulation No License
Company Name PROFIT CINDA LIMITED
Minimum Deposit N/A
Maximum Leverage 1:400
Minimum Spread N/A
Trading Platform MT4
Trading Assets Forex, Commodities, Index, Rare Metals, as well as Cryptocurrency
Payment Methods N/A
Customer Support Email Phone, Online Chat Support

General Information

Allegedly registered in the United Kingdom, PROFIT CINDA LIMITED says it is an online investment platform providing as series of trading assets including Forex, commodities, Index, Rare Metals and Cryptocurrencies through the advanced MT4 trading platform. With PROFIT CINDA LIMITED, traders can use the maximum trading leverage up to 1:400.

When it comes to regulation, PROFIT CINDA LIMITED has let us down, for it is not subject to any regulation, and thats why WikiFX has given it a very low score of 1.04/10. Please be aware of the risk involved, as trading with an unregulated broker is taking huge risk of losing your money.

wikifx

Market Instruments

PROFIT CINDA LIMITED provides access to a total of five classes of trading instruments, covering forex, commodities, index, rare metals and cryptocurrencies.

Account Types

PROFIT CINDA LIMITED says nothing about its account setting, including minimum deposit requirement for each account, margin call level, stop out level, minimum and maximum trade volume, and more, so disappointing.

Spreads & Commissions

PROFIT CINDA LIMITED says clients can trade forex pairs with spreads from 0.0 pips, with the average spreads on EUR/USD pair starting at 0.1 pips.

Leverage

Maximum leverage for major forex is 1:30 in Europe and Australia, and 1:50 in the U.S. and Canada, while PROFIT CINDA LIMITED enables its clients to use leverage of up to 1:400. This is crazily higher than the proper amount considered appropriate by most regulators.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size.

Trading Platform

PROFIT CINDA LIMITED provides access to the industry-leading MT4 trading platform, which is currently the most used forex trading software in the world. Only one account, you can use PC, Tablet, Smartphone, or browser directly.

Customer Support

Except for the FAQ section, PROFIT CINDA LIMITED does not provide any contact information to help clients who have any inquiry or trading related issues, which is very weird.

Clients can only follow this broker on some social media platforms, such as Facebook, Twitter, Instagram and Pinterest.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
MT4 trading platform No regulation
High leverage up to 1:400 Average selection of trading assets
Wide selection of trading assets No clear information on minimum deposit, deposit or withdrawal
Poor customer support
Spreads not specified

Frequently Asked Questions

Is PROFIT CINDA LIMITED regulated?

No, PROFIT CINDA LIMITED is not regulated.

What is the maximum leverage provided by PROFIT CINDA LIMITED?

The maximum trading leverage provided by PROFIT CINDA LIMITED is up to 1:400.

What trading instruments does PROFIT CINDA LIMITEDprovide?

PROFIT CINDA LIMITED offers access to Forex, Commodities, Index, Rare Metals, as well as Cryptocurrency.

Company Profile

  • Scam Brokers
  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

PROFIT CINDA LIMITED denied a Vietnamese investor's withdrawal request.

Exposure PROFIT CINDA LIMITED denied a Vietnamese investor's withdrawal request.

The reason why PROFIT CINDA LIMITED caught our eye is that a Vietnamese trader exposed PROFIT CINDA LIMITED to WikiFX. We wonder if this broker is reliable.

Wiki Q&A

Is PROFIT CINDA LIMITED safe and reliable?

Based on its WikiFX profile, PROFIT CINDA LIMITED exhibits a high-risk profile and cannot be considered safe or reliable. Its overall WikiFX score is exceptionally low at 1.44 out of 10, reflecting significant foundational concerns. Crucially, the entity lacks any valid regulation from recognized financial authorities. WikiFX assessment indicates its business scope is suspicious, and there is extensive public exposure detailing severe client issues. These factors combine to warrant a severe risk warning for any potential engagement.

04-06
United States

Is PROFIT CINDA LIMITED regulated?

No, PROFIT CINDA LIMITED is not regulated. According to WikiFX data, the broker has not obtained any valid, authoritative forex trading licenses from recognized regulators such as the FCA, ASIC, or CySEC. Its regulatory index score is 0.0. Operating without oversight from a reputable regulatory body is a primary factor contributing to its high-risk designation.

04-06
United States

What is the minimum deposit of PROFIT CINDA LIMITED?

Information regarding the minimum deposit requirement for PROFIT CINDA LIMITED is not publicly disclosed.

04-06
United States

Does PROFIT CINDA LIMITED support MT4 or MT5?

Information regarding specific trading platforms, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly disclosed by this broker.

04-06
United States
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You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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