ETHProfits Broker Review
- CFDs and crypto can both be traded with this firm
- The ETHProfits broker offers a welcome and deposit bonus
- do not offer demo accounts, only live ones.
ETHProfits Broker Review – Does ETHProfits.com Broker Scam Traders?
ETHProfits was a lot of fun to investigate. A fascinating Regulation section explains that unregulated brokers and scammers should not be trusted when they don’t have their own licenses. Despite this, they claim to be trustworthy because they have provided you with an email address and a phone number.
See everything you need to know about ETHProfits in our trusted review.
Check out our reviews of London, Super Crypto Capital, and SagaTrade scam brokers. Your money is unquestionably at risk!
- Scam Broker Status: Unregulated
- Regulatory status: Unlicensed Crypto and Forex Provider/No Regulation
- Websites of scammers: ethprofits.com
- Forex Trading Scam – Active
- Scam listed by: N/A
- Owner of the broker: N/A
- Nationality: N/A
- Founded in: N/A
- Platforms for online trading: WebTrader
- Mobile Trading: Web-based / No mobile app
- The minimum deposit is $250
- The bonus of up to $500 upon deposit
- Trading Crypto Assets: Available
- You can trade CFDs: Yes, you can trade CFDs
- Trading Instruments: FX (Forex) / Commodities (Commodities) / Indices / Shares (Shares) / Cryptocurrencies (Cryptos)
- Leverage maximum: 1:100
- We offer Islamic accounts.
- Demo Account: No, only live trading accounts are available
- US traders are accepted: US traders are accepted.
- Scam Broker Alert: Don’t Invest!
Is ETHProfits a Regulated Crypto and FX Provider?
ETHProfits Forex broker is entirely anonymous. The website does not even provide an email address or phone number that distinguishes them from scammers. As per ETHProfits regulations, the company doesn’t have any.
Moreover, they have explained to their clients that a legitimate Forex and CFD trading company must be established and registered.
However, ETHProfits does not list its owner anywhere. They explained to us that you’re going straight into cyber-fraud.
Where Is ETHProfits Trading Scam Active?
The main targets of ETHProfits complaints are:
- Australia
- Sweden
- Lithuania
- Iceland
Despite being officially registered in August 2021, the website has defrauded many people since then.
Scammers like WalFlo, ACE FX, and Europa Trade Capital should also be avoided. I would appreciate it if you could share your scam experience with us.
What Can ETHProfits Scam Victims Do? – Start the Chargeback Process
Lastly, let us know if you have been scammed by ETHProfits. It may be possible to resolve the dispute with the assistance of our chargeback specialists. Our team at Global Fraud Protection has helped many people recover their funds from scammers.
Taking action quickly is crucial if you want to file a chargeback within the timeframe. Get in touch with us immediately to schedule a free consultation.
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FAQ Section:
1. What Is ETHProfits, and Should I Invest Money In It?
A crypto, forex, and CFD trading provider without a trading license, ETHProfits offers online crypto, forex, and CFD trading. In light of the fact that this firm can easily steal your funds, we are here to assist you in getting a refund.
2. Can I Trade Crypto and CFDs With ETHProfits Broker?
CFDs and crypto can both be traded with this firm, but we suggest staying away from both.
3. Does ETHProfits Give a Deposit Bonus When Opening an Account?
The ETHProfits broker offers a welcome and deposit bonus, but has not stated the terms of withdrawal.
4. Does ETHProfits Offer a Demo Account?
It is not possible to open a Demo account at ETHProfits, only Live accounts are available.
