Profit Cinda Limited Review

Is Profit Cinda Limited a scam or legit broker? Read Profit Cinda Limited Review

Profit Cinda Limited is another potential scammer that has a dubious regulatory license. The broker claims on its website, https://www.profitfx.net/, that it is registered in the UK, but it provides its services in countries like the US, Mexico, Russia, China, Australia, and Italy. To offer financial services in such countries, the broker should have a license from CySec, ASIC, FCA, CNMV, etc.

Using a platform like MT4, Profit Cinda Limited trades in forex, indices, commodities, metals, and cryptocurrencies. Offering financial services without a license, however, raises serious questions. The broker got many Complaints and negative Profit Cinda Limited reviews and other possible scam features can also be the reason. Your funds may not be safe if you are trading with this broker. Therefore, it would be wiser to keep yourself away from this broker while trading.

Domain Age Information of Profit Cinda Limited

Despite Profit Cinda Limited attempts to look legit and trustworthy, we can’t disregard the alerts that Profitfx.net giving us. There are many brokers like it, and we can quickly recognize the kind of specialist we were dealing with by stepping into the site. We also reviewed comparative-looking broker sites in our scam brokers 2023 list, the vast majority of them are unlicensed and obscure. Find more about the scam broker in our review list.

Possible scam activities of Profit Cinda Limited

Forex trading scams, Binary OPtions trading scams, Cryptocurrency trading scams and other investment trading scams are harder to spot. But there are some signs.

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this Profit Cinda Limited review.

• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urges them to invest higher and higher amounts.
• The broker may have made a number of false claims through its website.
• The broker promises returns that are too good to be true.
• The risk warnings may not be disclosed on their webpage or would be hidden.
• The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are havens for scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals, and ultimately you are not able to make a withdrawal.

Negative Profit Cinda Limited Reviews and Complaints

Numerous reviews of Profit Cinda Limited claim that the broker either holds withdrawals or does not permit them. Many of its customers complain about account freezing, withdrawal problems, money transfer problems, and other issues. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints, and other scam features, we have listed this broker in the list of scam brokers 2023.

Example of Negative Profit Cinda Limited Review

After Searching internet you will find many negative Profit Cinda Limited Reviews. Users have frustrations and feel cheated after trading with this broker. ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and Profit Cinda Limited reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.