Brokers  /  Profit Minsets

Profit Minsets

High riskForex / CFD broker
🇺🇸 United States · < 1 year · since 2025-10-22 · Profit Mindsets Financial LLC
Unregulated
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No sign that Profit Minsets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
59
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 9 months old
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameProfit Mindsets Financial LLC
Headquarters🇺🇸 United States
Founded2025-10-22
Years operating< 1 year
Employees0
Official websiteapp.profit-mindsets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
GOLDEN--$100,000----
ULTIMATE--$50,000----
PREMIUM--$1,000----
BASIC--$50----

Review analysis AI

Profit Mindsets operates without any known regulatory licence, which is a major red flag for fund safety and recourse. FXCanary assigns a Scam Risk Score of 59/100 (Elevated) due to this lack of oversight, combined with vague fee disclosures and a very recent inception date. Traders should be extremely cautious and consider fully regulated alternatives for any capital commitment.

Best for
  • Traders exploring new, unregulated platforms with low entry barriers
  • Users interested in AI-based trading tools and multiple asset classes
Not for
  • Risk-averse traders requiring regulated oversight and fund protection
  • Investors seeking transparent fee structures and clear account terms
Period:

Real user reviews

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What Profit Minsets says about itself as stated by the broker · not independently verified by FXCanary

Home Page – AI-Powered Trading Platform

Profit Mindsets presents itself as a technology-driven investment platform that enables users to learn, trade, and earn using artificial intelligence. It claims to offer a simplified investment management platform capable of mining cryptocurrency, trading indices, and forex. The broker states that everyone gets access to smart tools for smart investing, with a 20% commission structure and a minimum deposit of $1,000. It also promotes diversification across stocks, fractional shares, options, ETFs, and ADRs, allowing investments in thousands of companies with as little as $5.

Stock Trading Page – Commission and Platform Features

According to its stock trading page, Profit Mindsets claims to be 'The Better Place for Traders' with a 10% commission for stocks, ETFs, and options, along with intuitive tools and support. It highlights commission-free online trading with 10% per-contract fees for options. The broker states a $500 deposit minimum and offers powerful, intuitive trading platforms accessible via web, tablet, and app, as well as an advanced desktop platform. It also provides real-time quotes, premium tools, and extended trading hours including pre-market (4:00 AM – 9:30 AM ET) and after-hours (4:00 PM – 8:00 PM ET) sessions.

Pricing Page – Elongate Coin Exchange Fee Schedule

The pricing page references an 'Elongate Coin Exchange Financial Fee Schedule' and claims that technology enables transparent and straightforward pricing with $2,000 commission trades and no deposit minimums. Profit Mindsets asserts that it makes money through back-end revenue streams such as stock loans, interest on free credit balances, margin interest, and payment for order flow. It also outlines tiered margin interest rates with up to 4x day-trade buying power and 2x overnight buying power.

About Profit Minsets

Overview

Profit Mindsets is a retail trading platform registered in the United States and established on October 22, 2025. The broker positions itself as a technology-enabled investment hub, offering a range of financial instruments including stocks, ETFs, options, cryptocurrencies, indices, and forex. Its official domain, profit-mindsets.com, promotes an AI-driven approach to trading and investing, targeting both novice and experienced traders.

The broker advertises multiple account tiers with varying minimum deposits, from $50 for the BASIC account up to $100,000 for the GOLDEN account. However, specific details on leverage, spreads, and trading platforms are not publicly disclosed on its website or in regulatory filings.

Regulation and Safety

Our review confirms that Profit Mindsets is not regulated by any known financial authority. The known facts list zero regulators on file, and the broker does not display any licence numbers or regulatory memberships on its website. This absence of oversight is a significant consideration for traders who prioritise fund security and recourse in the event of disputes.

FXCanary’s Scam Risk Score of 59 out of 100 reflects the elevated risk associated with unregulated brokers. Without external supervision, clients must rely solely on the broker’s internal policies and reputation. Traders are urged to exercise caution and verify the broker’s status independently before committing funds.

Account Types

Profit Mindsets offers four distinct account tiers: BASIC, PREMIUM, ULTIMATE, and GOLDEN. The BASIC account requires a minimum deposit of $50, making it accessible to retail traders with limited capital. The PREMIUM account requires $1,000, while the ULTIMATE and GOLDEN accounts demand $50,000 and $100,000, respectively.

The broker does not specify maximum leverage or other account-specific features such as spreads, commissions, or trading limits. The lack of detailed terms makes it difficult for traders to compare these accounts with those of regulated brokers. According to the website, all accounts may have access to the same platform and instruments, but this is not confirmed.

Platforms and Tools

Profit Mindsets claims to provide powerful, intuitive trading platforms accessible via web, tablet, and app, as well as an advanced desktop platform. The broker states that these platforms include real-time quotes, premium tools, and support for extended trading hours (pre-market and after-hours). However, the specific platform provider or proprietary software is not named.

The broker also emphasises the use of artificial intelligence for trading and investing, purportedly offering smart tools to enhance profitability. No technical details or independent reviews of these AI tools are available. Traders should approach such claims with caution, as unregulated entities may overstate their technological capabilities.

Instruments and Markets

Profit Mindsets offers a broad range of asset classes: stocks, fractional shares, ETFs, options, cryptocurrencies, indices, and forex. The website mentions trading forex and indices, as well as mining cryptocurrencies, though the latter may refer to the broker’s own backend operations rather than client activities. The broker also references stock loans, margin interest, and payment for order flow as revenue sources, indicating that it may act as a market maker or use similar practices.

Given the lack of regulatory oversight, the quality of execution, pricing, and instrument availability cannot be verified. Traders should be aware that unregulated brokers may not offer true market access or fair trade execution.

Funding and Fees

Profit Mindsets’ fee structure is not transparent. The website mentions commission rates of 20% on the home page, 10% on the stock trading page, and vague references to $2,000 commission trades. Additional fees such as withdrawal charges, inactivity fees, or currency conversion costs are not disclosed. The broker states that it makes money through stock loans, interest on free credit balances, and payment for order flow.

Funding methods and withdrawal processes are not specified. The minimum deposit varies by account type, ranging from $50 to $100,000. Without clear terms, traders may face unexpected costs or delays when depositing or withdrawing funds.

Target Audience

Profit Mindsets appears to target a wide range of traders, from beginners to high-net-worth individuals, by offering low minimum deposits alongside premium account options. The BASIC account’s $50 minimum is intended to attract newcomers, while the GOLDEN account is aimed at institutional or wealthy clients. The AI-powered platform and comprehensive instrument list are marketed as suitable for both active and passive investors.

However, the lack of regulation and patchy fee disclosure means that the broker is best suited for traders who are willing to accept high risk and have conducted thorough due diligence. Conservative traders and those seeking investor protection should avoid this broker until it obtains proper licensing.

Overview compiled by FXCanary from regulatory records and public data. full Profit Minsets review