Score
Profitlevel
Cyprus|5-10 years| https://profitlevel.com
Website
Rating Index
Influence
Influence
C
Influence index NO.1
Czech Republic 2.64Contact
Licenses
Licensed Institution：BCM Begin Capital Markets CY Ltd
License No.：274/15
- The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!
Basic Information
Cyprus
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Website
profitlevel.com
Server Location
Netherlands
Website Domain Name
profitlevel.com
Server IP
40.68.215.83
Company Summary
Note: Profitlevel's official website - https://profitlevel.com is currently inaccessible normally.
| Profitlevel Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC |
| Market Instruments | CFDs on shares, forex, indices, commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:30 |
| Spread | From 0.01 pips |
| Trading Platform | MT5 |
| Min Deposit | $1,000 |
| Customer Support | Contact form |
| Tel: +357 25-123-307 | |
| Fax: +357 25 030 026 | |
| Email: support@profitlevel.com, info@profitlevel.com | |
| Twitter, Instagram | |
| Address: 2, Filiou Zannetou, Ground Floor, Office 1, 3021 Limassol Cyprus | |
Profitlevel, a trading name of BCM Begin Capital Markets CY Limited., is allegedly an STP broker registered in Cyprus that claims to provide its clients with various tradable financial instruments with leverage up to 1:30 and floating spreads from 0.01 pips on the MT5 for Windows and Mac os trading platforms, as well as a choice of six different live account types.
Pros and Cons
| Pros | Cons |
| Regulated by CySEC | Non-functional website |
| Diverse tradable products | Conservative leverage |
| Demo accounts | High minimum deposit requirement |
| Multiple account types | |
| MT5 platform | |
| Popular payment options | |
| No deposit and withdrawal fee |
Is Profitlevel Legit?
Yes. Profitlevel is regulated by the Cyprus Securities and Exchange Commission (CySEC).
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
 | The Cyprus Securities and Exchange Commission (CySEC) | Regulated | BCM Begin Capital Markets CY Ltd | Straight Through Processing (STP) | 274/15 |
What Can I Trade on Profitlevel?
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Shares | ✔ |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Blue | $1,000 |
| Bronze | $50,000 |
| Silver | $100,000 |
| Gold | $350,000 |
| Platinum | $500,000 |
| Diamond | $1,000,000 |
Leverage
Profitlevel says to offer a maximum leverage of 1:30 (varies by instrument), while for physical shares, the maximum leverage is up to 1:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread and Commission
Profitlevel claims that the typical spread on physical shares starts from 0.01 pips and the commission on which is 0.75%.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, Mac os | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Deposit
| Deposit Option | Min Deposit | Fee | Processing Time |
| Credit/debit cards | $1,000 | ❌ | / |
| Bank Transfer | $1,000 | ❌ | / |
Withdrawal
| Withdrawal Option | Min Withdrawal | Fee | Processing Time |
| Bank Transfer | $0 | ❌ | / |
Keywords
- 5-10 years
- Regulated in Cyprus
- Straight Through Processing(STP)
- Suspicious Scope of Business
- High potential risk
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