About Profit Motion Club
ProfitMC is a certified investment intermediary that has been successfully operating in financial markets since 1998. The company specializes in providing trading opportunities for CFDs on over 1000 financial instruments. A professional financial agent claims that traders’ funds are held in separate bank accounts and insured by the Investor Compensation Fund (up to 90%).
Geography and Regulation
The company lists the location of its project at Baslerstrasse 50, 8048 Zurich, Switzerland. However, the country of registration of the company remains undefined as the website lacks legal information and registration documents. The broker states that its activities are regulated by the Financial Supervision Commission of Bulgaria (FSC) and holds MiFID II passports, but no scanned copies of the relevant permits are provided.
Trading Opportunities and Company Platforms
ProfitMC offers traders the choice between two trading platforms: Meta Trader 4 and its proprietary development Profit Motion Club Trading. The first platform provides support on mobile and desktop devices, while the second is available for online trading through a browser on computers and mobile devices.
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Technical advantages of its software are evaluated by the broker as follows:
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? Professional real-time charts and a full set of tools for technical analysis;
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? Variety of orders for efficient trading;
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? Free analytical tools for traders.
Types of Trading Accounts
Profit Motion Club offers its clients the following conditions for successful trading:
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? Minimum deposit to open an account: 100 USD, 100 EUR, 200 BGN;
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? Low spreads on all trading products;
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? Minimal commissions and no commission fees;
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? Fast order execution and 24/7 customer support.
Deposit and Withdrawal of Funds
The company promises clients secure online payments via bank transfer, credit/debit cards, and ePay service. However, additional payment conditions are not described:
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? Timeframes for crediting funds on deposit and withdrawal;
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? Sizes of commission fees for financial transactions;
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? Minimum withdrawal amount;
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? Procedure for submitting withdrawal requests.
Conclusion
Is it important to trust the broker? Is it possible to succeed with the conditions offered by the intermediary? Answers to these and other questions can be found in user and expert reviews of working with Profit Motion Club.