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Independent rating of Forex broker Profit Group

2/10 (votes 100)

On-line since
 2001
Country of origin
Panama
Regulation
 CRFIN
Payment options
Visa cards, MasterCard cards, WebMoney, Yandex.Money, Alfa Click, PayPal, RBK Money
Minimum account size
$1
Minimum lot size
0.01
Leverage
1:100
Spreads
from 2 pips
Profit Group provides its clients with professional timely assistance for trading on the forex, stock, interbank, and commodity markets. The broker offers training, analytics, consultation, and round-the-clock customer service.
The company operates via MetaTrader 4 and MetaTrader 5 trading platforms that enables its clients to receive up-to-date quotes, to analyse trades, and to use automated trading option.
Profit Group ensures access to 53 currency pairs, CFDs, shares, indices, and futures.

All mentioned factors let the company gain a leading position on the market.  Below, you can find the recent feedback about the activity of Profit Group from real traders. Your opinion is also welcome as the key to success is a good reputation.

Comments

Author: Pira Date: 2022-08-04 09:05:41 (UTC+3)
I can't set my desire position so far, always my orders executed 30 to 40 sec delay and I fall 1o to 20 pips requotes, sometimes the platform is too busy or disconnected from the server. In one year I had profit almost $540, so I think they are not profitable enough. tries to Stoped trading with them but they hanged my withdrawal, which I had invested with them.
Author: Yoel Date: 2022-03-30 01:43:01 (UTC+3)
I finally closed my account with Profit Group after waiting 3 weeks for my request to withdraw all my funds. I traded with them 6 months, the first 2 months there was nothing wrong. I trade major pairs such as EUR/USD,USD/JPY. After I withdraw my first profit of $2500 the 3rd month, the platform MT4 started to crash, to had crazy spreads and the broker manipulates the prices. I had negative slippage almost every week for 10-15pips. I tried to call support they put me on hold for several days, when there is finally an answer they can't help. Well I requested to withdraw my funds and searched for other broker.
Author: Vinca Date: 2021-12-06 05:04:17 (UTC+3)
I had to close my account with Profit Group because I have been consistently losing money for 3 months up to $500 due to their terrible trading conditions where my take profit is not triggered yet. They just trigger my stop loss and double the pips set. I don't usually make reviews but I can't bear anymore the problem that I've been encountered these past few days. Last night when I have a buy order and have set a stop loss. They will not stop the order for you if the price went down and reach the sl level for 10 seconds. The price also went down as seen on the chart. They had really terrible lags and the slippage is high.
Author: Unaboe Date: 2021-11-26 01:50:07 (UTC+3)
I know that many are trusting Profit Group because of their good reputation. Without a doubt, this broker can be trusted. However, this is not suited for small and new traders. With their large fees and complicated tools, I don't think a beginner can easily adapt to their system.
Author: Kasim Date: 2021-08-13 02:29:23 (UTC+3)
hey do not have any actions about the trader reports. don't want to deal with the unregulated broker because it is scary to put the money. Risk-takers are welcome to invest with them as they had a suicidal rules. I never got any profits since last month. There is no way to recommend this broker, They are a market maker who manipulates the trading platform to their benefits.
Author: Jenning Date: 2021-08-03 03:42:35 (UTC+3)
Profit Group has a great trading environment. Their platform is stable and the trading fees are reasonable. Their charts are also updated always. The only problem is that the withdrawal transactions are often delayed. They should work on this more because it is very important to investors.
Author: Lokesh Date: 2021-04-12 10:00:51 (UTC+3)
I appreciate that the broker offers wide choices of payment methods but I think that they should shift their focus more on the trading experience itself. They should develop their platform further because it still gets a lot of bugs and the account balance sometimes reflects different amounts.
Author: Maendong Date: 2021-04-06 03:05:30 (UTC+3)
They offer high spread, slow executions and unstable trading platform. They did ignored my requests of withdrawal and about their delayed server. Therefore, I left them and find another better to invest. They were not great broker ti invest. I had over $2500 to deposit with a new broker and was thinking till I did my research. I started to leave them last month and find another better one. Trading with them make me confused and feel unsafe. My orders also be delayed for several times. My withdrawals also took a lot of time and sometimes I could not make request.
Author: Jovane Date: 2020-12-16 08:50:09 (UTC+3)
Yes, the minimum deposit at Profit Group is as low as one dollar. But here is the catch, after opening an account, you will not be able to start trading if your capital is less than $100. Basically, it is still mandatory to deposit at least $100 in order to start trading and this is what they are not saying when they are promoting their offers.
Author: Stefan Date: 2020-12-09 02:53:45 (UTC+3)
Before they took my money, I stopped first. They are very cunning. They offer so many sweet promises to their customers, and they end up neglecting the customers. I don't like my trades to be modified without any reason, I haven't seen this behavior in other brokers, that's why I prefer to leave this broker. I really don't recommend this broker to you. Everything seems to be assigned to bonuses. In fact, Profit group is just a big scam, and their robot is not even a robot doing trading, when they say that they give signals without timing info.

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