Profitto review
Profitto review: regulation (Registered in Saint Vincent and the Grenadines under…), minimum deposit 10, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 10
- Maximum leverage
- 1:500
- Minimum spread
- 0.0 Pips
- Platforms
- MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms
- Instruments
- Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs
- Account currencies
- EUR / USD / GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- 50% Super Vaccine Bonus
- Other promotions
- Vaccine Bonus 100%
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- No
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank Wire Transfer, Debit/Credit Card, Neteller, Skrill, Bitcoin
- Withdrawal methods
- Bank Wire Transfer, Debit/Credit Card, Neteller, Skrill, Bitcoin
Company
- Regulation
- Registered in Saint Vincent and the Grenadines under license number 25659 IBC 2019.
- Founded
- 2020
- Country
- St. Vincent and the Gredanies
- Address
- Suite 305, Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingston, St. Vincent and the Gredanies
- Publicly traded
- Yes
- Website languages
- English
- Phone
- No
- Email or Skype
- [email protected]
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Profitto pros and cons
Pros
- Regulated by Registered in Saint Vincent and the Grenadines under…
- Low minimum deposit: 10
- Raw spreads from 0.0 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
Profitto FAQ
Is Profitto a safe and regulated broker?
Profitto was founded in 2020 and is regulated by Registered in Saint Vincent and the Grenadines under license number 25659 IBC 2019.. Client funds are held in segregated accounts. Your protection depends on which Profitto entity opens your account.
What is the minimum deposit at Profitto?
The minimum deposit at Profitto is 10. Payment providers may set their own minimum amount.
What is the maximum leverage at Profitto?
Profitto offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does Profitto offer a no deposit bonus?
No. Profitto does not currently offer a no deposit bonus. It offers a welcome promotion: 50% Super Vaccine Bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does Profitto offer?
Profitto supports MetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms. Mobile trading is available.
Does Profitto allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does Profitto offer an Islamic (swap-free) account?
Yes. Profitto offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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Profitto at a glance
- RegulationRegistered in Saint Vincent and the Grenadines under license number 25659 IBC 2019.
- PlatformsMetaTrader 4 (MT4), Mobile MT4,Web Platforms and More Trading Platforms
- Account currenciesEUR / USD / GBP
- LanguagesEnglish
- PhoneNo
- Email / Skype[email protected]
- FaxNo
- Head officeSuite 305, Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingston, St. Vincent and…