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“Scam or Savior? Analyzing the Legitimacy of Trade Profit World”

Trade Profit World is a forex trading platform that claims to offer high returns on investment. However, there are a number of red flags that suggest that Trade Profit World is a scam.

Overview, Team, and Mission

Trade Profit World is a relatively new forex trading platform that was launched in 2022. The company claims to have a team of experienced traders who use artificial intelligence to help clients make profitable trades. However, there is no information available about the team members or their qualifications.

The mission of Trade Profit World is to “democratize forex trading and make it accessible to everyone.” However, the high minimum deposit requirement of $2500 makes it clear that Trade Profit World is not targeting the average retail trader.

License and Regulation Status

Trade Profit World is not licensed or regulated by any financial authority. This is a major red flag, as it means that there is no government oversight of the company. This leaves investors with no recourse if they lose money trading with Trade Profit World.

Warnings Against Trade Profit World

There have been a number of warnings issued against Trade Profit World by financial authorities and consumer protection organizations. The Australian Securities and Investments Commission (ASIC) has warned investors that Trade Profit World is not a legitimate forex trading platform. The Financial Conduct Authority (FCA) in the UK has also issued a warning against Trade Profit World.

Currency Pairs Available for Exchange

Trade Profit World offers trading in a limited number of currency pairs. These include EUR/USD, USD/JPY, GBP/USD, and AUD/USD. The spreads on these currency pairs are relatively high, which means that traders will pay more to enter and exit trades.

Withdrawal Policy and Method

Trade Profit World has a withdrawal policy that is very restrictive. Traders must have a minimum balance of $1000 in their account before they can request a withdrawal. The withdrawal process can also be slow and cumbersome.

Previous Traders’ Reviews

There are a number of negative reviews of Trade Profit World online. These reviews allege that the company is a scam and that investors have lost money trading with them.

Scammed By Trade Profit World? Talk To Our Experts

If you have been scammed by Trade Profit World, you should not late contact us. We will provide you with a free consultation call and some service recommendations to help you in recovering the lost fund.

If you have lost money to companies like Sundell FX6, DBEX Global or Bit-HiveX, please report it today by the below form.

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