About PROFITTRADEPLUS
Overview
Profit Trade Plus (profittradeplus.com) is a UK-registered company established on 4 August 2025, with a registered address at 85 Great Portland Street, First Floor, London, W1W 7LT. The entity presents itself as a multi-asset broker and investment company, leveraging blockchain technology for portfolio management. However, its public website primarily promotes a high-yield investment plan offering 5% daily returns after seven days, which raises significant concerns regarding its business model.
Regulation and Licensing
Our records indicate that Profit Trade Plus holds no regulatory licences from any recognised financial authority. The absence of regulation is a critical red flag, as it means the broker is not subject to oversight by bodies such as the FCA, CySEC, or ASIC. Traders should exercise extreme caution when dealing with unregulated entities, as there is no formal recourse in the event of disputes or financial loss.
Account Types
Profit Trade Plus advertises four account tiers on its registration page: HIGHEST-TIER (minimum deposit $15,000), MID-TIER ($10,000), EXCLUSIVE ($4,000), and INITIAL ($50). The higher tiers target substantial capital commitments, while the INITIAL account offers a low entry point. Notably, maximum leverage is not disclosed for any tier, nor are the specific features or benefits that differentiate these accounts.
Instruments and Platforms
The broker claims to offer CFDs on Forex, Commodities, Indices, and Shares, but no specific instruments, trading platforms, or execution details are provided on the website. There is no mention of popular platforms like MetaTrader 4 or 5, nor any proprietary trading software. The lack of transparent information about trading conditions is a significant omission for a purported broker.
Target Audience and Suitability
Given the high minimum deposits for its top-tier accounts and the promise of fixed daily returns, Profit Trade Plus appears to target investors seeking passive income through a managed investment scheme. This model is distinct from traditional forex/CFD brokerage and aligns more closely with high-yield investment programs (HYIPs), which carry a high risk of total loss. The low $50 INITIAL account may attract novice investors, but the overall structure is unsuitable for those seeking regulated, transparent trading environments.
Overview compiled by FXCanary from regulatory records and public data. full PROFITTRADEPLUS review