About ETH Profits
Company Overview
ETH Profits is a broker registered in the United Kingdom, established on April 24, 2023. Its registered office is located at 122 Leadenhall St, London EC3V 4AB. The company operates through the domain ethprofits.io.
The broker’s name suggests a focus on cryptocurrency-related trading, but its official offering details are not publicly available from our sources. The company does not hold any known regulatory licences, which places it outside the oversight of major financial authorities.
Account Types and Minimum Deposits
ETH Profits offers multiple account tiers with very high minimum deposit requirements, targeting high-net-worth individuals or institutional clients. The lowest tier, BRONZE, requires a minimum deposit of €10,000, while the highest, VIP, demands €1,000,000. Other tiers include SILVER (€25,000), GOLD (€50,000), PLATINUM (€100,000), DIAMOND (€250,000), and PREMIUM (€500,000).
No maximum leverage is listed for any account type, which may indicate that leverage is either not offered or not disclosed. The account structure suggests a focus on clients with substantial capital, but the lack of regulatory oversight raises questions about client fund protection and transparency.
Regulatory Status
ETH Profits is not regulated by any financial authority listed in our records. While the company is incorporated in the United Kingdom, incorporation does not equate to licensing. The Financial Conduct Authority (FCA) does not appear to supervise this entity.
Traders are advised to exercise caution, as unregulated brokers offer no recourse to ombudsman services or compensation schemes in the event of disputes or business failure. The absence of regulation is a significant risk factor, especially given the high deposit thresholds.
Trading Instruments and Platforms
The specific instruments available for trading at ETH Profits are not disclosed in the available information. Similarly, no details about the trading platform (e.g., MetaTrader, proprietary software) have been provided.
Prospective clients should seek clarity on these aspects before committing funds. A lack of transparency regarding trading conditions is common among lesser-known brokers and warrants further investigation.
Geographic and Client Focus
Given the high minimum deposits, ETH Profits appears to target wealthy individuals or corporate clients. The UK registration may appeal to clients seeking a European presence, but the absence of regulation limits its credibility.
There is no information on whether the broker accepts clients from specific countries or what documentation is required for account opening. The broker’s website (ethprofits.io) may provide further details, but our review did not have access to it.
Overview compiled by FXCanary from regulatory records and public data. full ETH Profits review