Review summary
Profit Trade (PROFIT) is a relatively new entity, established 1-2 years ago and registered in the United States. According to WikiFX data, it holds no valid authoritative forex trading licenses and its regulatory status is explicitly marked as 'No Regulation'. This places it outside the oversight of major financial authorities, representing a fundamental consideration for traders regarding fund security and dispute resolution. Its WikiFX Score of 1.23 reflects this severe lack of credible oversight. The broker's self-reported business scope has been flagged as suspicious, further compounding the entity's profile. In conclusion, Profit Trade operates as an unregulated entity, and engagement carries significant inherent risks due to the absence of financial supervision. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-08)
