In this ProfitLevel Review, we are going to take a look at the offer that this broker prepared for its traders. ProfitLevel operates on the financial market since 2017. When it comes to trading platforms, the broker features MT5 and MetaTrader 4. The ProfitLevel minimum deposit is 250 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this ProfitLevel Review
| Website address: | profitlevel.com |
| Operated by: | BCM Begin Capital Markets CY Ltd |
| Licensed and authorised by regulatory bodies: | CySEC |
| Supported languages: | English, Czech, English, Slovak, Slovenian, Croatian, Greece, Hungarian |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +357 25 123 307 |
| Available deposit methods: | Bank transfer, credit and debit cards, Skrill, Neteller |
| Available withdrawal methods: | Bank transfer, credit and debit cards, Skrill, Neteller |
| Minimum deposit: | 250 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 2,5 pips * on standard account type |
| Tradable assets:
Might be a CFD. |
Forex (60) |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | MT5 |
| Social trading: |  |
ProfitLevel Fees (typical spreads)
We have scanned fees (typical spreads) that ProfitLevel charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 2,5* | * | * | 3,0* | 3,0* |
*Typical spreads were recorded on 17.09.2020 at 10:10 for the standard account. ProfitLevel spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: WesternFX, AussieTrust, Darwinex and ProfitGroup
Frequently Asked Questions
🧐 Is ProfitLevel a Scam?
In accordance with our research, ProfitLevel is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that ProfitLevel is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the ProfitLevel minimum deposit?
In order to start trading with ProfitLevel, you have to deposit at least 250 USD (Trading accounts can also be held in USD, EUR & More).
📵 What deposit and withdrawal methods ProfitLevel supports?
⚖️ Would you recommend me choosing ProfitLevel?
We don’t have our own personal experience with ProfitLevel. Profillevel is a broker licensed and regulated by the CySec. While regulation gives to brokers much needed credibility, it still does not mean every
regulated broker is honest. In order to be sure that ProfitLevel is not a scam, read our trader reviews and check other popular trading related websites and forums.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker IQ Option – (83% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
How come they’re not regulated? So far, they are cooperating without any problems. After trying the demo account, I remained loyal to the broker and I have been on a sharp account for more than a year, sometimes we talk to the trader about which positions it is good to pay attention to, etc.
so they have a demo everywhere for only 30 days, it would be good to have it for a year what? not somewhere some premium longer demo does anyone know?, so far, everything without a problem, support and selection of the product in order, will show you the time I don’t like here, I don’t give all the resources here,
Helpfull support service! Also the application is very intuitive and it has plenty of tools – the functionality as well is outstanding. Very good options, the bond and stock trading platform. I have not used currency part of the platform yet.