Profiitrend Review – Is Profiitrend a scam or legit broker?

Scams Report > Scam Brokers List 2022 > Fraud Brokers Reports 2022 > Profiitrend Review – Is Profiitrend a scam or legit broker?

Profiitrend Review

Please read this Profiitrend review before investing. Your investments/funds may not be secured if you are trading with this broker.

Website – https://profiitrend.com/

Official Address – 15 Gerard Crescent Southampton

Warned by regulating authority – The Financial and Consumer Services Commission

Profiitrend Review: Introduction

Profiitrend is an online trading broker that claims to be an AI-based trading powerhouse for generating huge profits in Forex, Cryptocurrency, and Robot trading. The website of the company is found at https://profiitrend.com/, and it is located at 15 Gerard Crescent Southampton. In the contact details section, they mention only a WhatsApp number +447385311357. No other details are provided by the company like contact email, regulated license, etc. Read a complete Profiitrend review to know more about this broker.

Profiitrend Review: Regulated License

Check the broker’s regulated license is most important before investing with a broker. A regulated license is provided by a central authority, and it will help you to find a legit broker. You can check the broker’s regulated license on the regulator’s site. Profiitrend.com does not mention the details about their regulated license on their websites. It is a major red flag that Profiitrend.com might be an offshore or unregulated broker or potentially involved in illegal activities like forex scams, cryptocurrency scams, or other scams. Check the forex or cryptocurrency scam list before investing money in a trading platform. 

Profiitrend Review: Warning 

The Financial and Consumer Services Commission (FCNB) has issued a warning against Profiitrend. According to the FCNB, this broker is not registered in New Brunswick to provide trading services. New Brunswickers are urged to practice alert while money management with Profiitrend or any unregistered entity or individual(s) as this presents a critical gamble. People and firms occupied with advising or exchanging protections or subsidiaries in New Brunswick should be enrolled with FCNB.

How does the Profiitrend scam work?

The cryptocurrency/forex scams begin when new or unpracticed investors are looking for an investment platform. It is a chance for scammers to steal cash from innocent individuals. Fraudsters will contact individuals through internet-based promotions or web-based entertainment and ask for a small amount of deposit. After that, they ask for more cash as an investment by giving exciting offers. However, at the time of withdrawal of cash, individuals realize that they are duped by the scam brokers and lose all the cash/money.

Are your funds safe with Profiitrend?

There is no assurance or security of assets with an unregulated broker. They hide the details about the company, which raises concerns. At the point when such significant subtleties are missing, the security of your assets turns into a challenge. This makes sense of why your assets are not safe here. Such platforms ordinarily go after gullible traders, promising a few features and benefits that are vacant commitments.

Customer Review on Profiitrend 

Scamsreport sees no positive reviews or feedback about this broker on other review sites. They also got a low trust score among the traders. After perusing all the negative and positive Profiitrend reviews, we found that this broker may be involved with a few dubious exercises like scams. It’s smarter to escape from this agent or some other unregulated merchant. We share a scam brokers list of 2021 and 2022 on our site that assists you with staying away from such scammers.

Profiitrend Review: Conclusion 

Scamsreport always advises staying away from an unlawful and unregulated broker. If you are a victim of cryptocurrency scams or forex scams, immediately file a chargeback for fund recovery. Fill out a complaint form on the Scamsreport website. Our experts will provide you free consultation, and we will guide you in the process of fund recovery.  

We have more than 10 years of experience in the field of funds recovery services from all types of scams like Forex trading scams, Binary Trading Scams, Cryptocurrency scams, Online Scams, Investment Scams and all other financial scams. Scamsreport is a genuine recovery organization and deploy all modern methods to help the victims of scams.

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