Global Broker Regulatory Inquiry Platform
WikiFX

Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

PROFIT

New Zealand New Zealand | 5-10 years |
Regulated in Vanuatu | Derivatives Trading License (EP) | Suspicious Scope of Business | High potential risk | Offshore Regulated

https://en.profit188.com/

Website

Rating Index

Contact

+64 99136052
https://en.profit188.com/
The WikiFX Score of this broker is reduced because of too many complaints!
Warning: Low score, please stay away!
  • WikiFX has received a total of 40 user complaints against this broker, please be aware of the risks and do not be scammed!
3

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
普罗汇集团
Customer Service Email Address
info@35fx.com
Contact Number
+6499136052
期待明白

期待明白

Unverified

Hong Kong

I have deposited tens of thousands of dollars, but now I cannot log in. Can anyone solve this problem?

Exposure

玄烨重生

玄烨重生

Unverified

Hong Kong

I am Han jiajia.My trading account in PROFIT was 200066122. At 20:30,November 1st,2019,there was a net problem with my account,thus the platform didn’t stop losses at the price I set.I tried to close it myself,it didn’t work.After the network became smooth,it was too late.My account has become forced liquidation.The client manger confirmed the problem and was to apply compensation form me.On Monday,I contacted him,he declined the compensation,saying that the that was a normal phenomenon.Why should I afford your mistake?It is a rip-off.I doubted that whether it is legit seriously.

Exposure

玄烨重生

玄烨重生

Unverified

Hong Kong

I am Han jiajia,from Henan.I have traded in 111 for about 3 months,figuring out that someone had manipulated my account.On the night of October 1st,around 20:35I bought the gold at 1510.63 and set the stop-loss price at 1508.58,while it didn’t stop loss even at 1504.34.I was to stop the loss myself,while the network was interrupted.The client manger had a try and got the same problem.So why should I afford for their mistake?I asked for the compensation.He declined the compensation,saying that the that was a normal phenomenon.Why you are so mean?I doubted that whether they had an unsolicited manipulation.

Exposure

树木

树木

Unverified

Hong Kong

This company change the name of app in app store, causing me a huge loss. Everyone does not invest anymore. This is scam.

Exposure

FX2022982736

FX2022982736

Unverified

Hong Kong

Causing huge loss. This is a scam. All will lose more and more. All the investment are scam.

Exposure

李玉良

李玉良

Unverified

Hong Kong

Seems that they might be absconded.I always feel that this platform is not safe so I play with small funds. the spread is high and the Internet speed problem is very serious. It might be a dealing-desk platform and then I feel unsafe so I withdraw money, but I still watch it frequently. I have not been able to log in directly for these two days. It shows that there is no Internet when I enter it. I can use any other app,but not this one. It seems that it is not far from absconding. Everyone on this platform be careful. I suggest people should withdraw as soon as possible.

Exposure

Andy loh

Andy loh

Unverified

Malaysia

My account was 200163544 and unable to withdraw from July. They did not reply me. Help.

Exposure

FX5025322282

FX5025322282

Unverified

Hong Kong

I was blocked from the website.

Exposure

FX1646707214

FX1646707214

Unverified

Hong Kong

My trading account is: 20013544. In May, I opened an account and traded in Profit Market after being introduced by an account manager. I had losses and gains. Until July, my account became profitable. I made two withdrawals in mid-July, but they refused. I asked their customer service, but they have never responded. I uploaded the withdrawal history.

Exposure

杜增辉

杜增辉

Unverified

Hong Kong

The silver dollar update is not in line with the actual market at all, and the update is not the same. The transaction is particularly fluctuating.

Exposure

月生

月生

Unverified

Hong Kong

1. The position can't be closed when the stop loss is reached. 2. The software cannot be refreshed, and it has been in the card network stage. The user's mobile phone network refreshes, switches the network, and the mobile phone restarts.

Exposure

FX2673874759

FX2673874759

Unverified

Hong Kong

When the network is normal, your positions will be wiped out. What a rip-off. Stay away from it.

Exposure

韩掌柜

韩掌柜

Unverified

Hong Kong

There is a severe slippage in PROFIT. Slag. Every time the trade was finished less than stop limit price but right at the stop loss price.My account was closed. There hasn’t been a response to me since March. My phone number: 185****6887

Exposure

FX3598161531

FX3598161531

Unverified

Hong Kong

I deposited $300 in PROFIT. I profited $650 within less than two weeks. Their customer manager said I scalped by EA and it was illegal, so I can withdraw my principal but can’t withdraw the profit. I disagreed. My backstage was locked after two days. I can’t withdraw my principal, either. They let me contact the customer service in HK to withdraw my principal. People won’t deposit in such kind of platform! It’s easy to lose money but hard to profit. Even if you profit, you can’t withdraw. Don’t be cheated by the fraud platform. Scam.

Exposure

∽~﹌

∽~﹌

Unverified

Hong Kong

PROFIT conned clients to deposit with bonus. It claiming that as long as one deposited $500 and traded 10 lots, he could get a $100 bonus. While the promised bonus is yet to be received after I have traded for 18 lots. The manager asked to add $100. I wanted to wait and get the bonus when the activity came to an end. But it was still unavailable. It is simply a fraud. In addition, there were problems of high spread and poor stability with PROFIT. Take heed on it!

Exposure

不存在

不存在

Unverified

Philippines

I failed to withdraw fund the first time. The service asked me to apply again, which I felt afflicted! I deposited $100 while only $20 was received! It even conned me to deposit with bonus! I caution you against it.

Exposure

FX1939217837

FX1939217837

Unverified

Hong Kong

PROFIT is indeed a fraud platform. Account openning and deposits were warmly welcomed. After the deposit is over, the account is blocked and cannot be logged in within 2 days. After looking for them to withdraw money, they pretend to be silly, saying It was superior's decision. From the beginning to the end, only one person met me and threatened me to block me. So that I would have chance to complain. They let me call legal service in the Hong Kong at 69911608. I called 16 times, no one answered. Temporary mobile phone number bought at Hong Kong’s 711 was used as a legal call. Is this funny? (Now that I travelled around, I know it). PROFIT refused withdrawals and still do business in Malaysia. I am here to expose this matter to let people at home and abroad know. Never met such a company and customer service.

Exposure

FX2103022122

FX2103022122

Unverified

Hong Kong

The following 2 screenshot are different. The first page included homepage, market, trading, inquiry and my, 5 section. But there was only 4 left in the second page. It is simply a rip-off. I have kept the screenshot and video evidence, while they keep denying.

Exposure

FX2103022122

FX2103022122

Unverified

Hong Kong

I couldn’t close the position after placing the order, only to see it becoming liquidated.

Exposure

FX2103022122

FX2103022122

Unverified

Hong Kong

After you placed the order, the platform would cancel the button of “Close the Position”. Thus, your order is doomed.

Exposure

FX2103022122

FX2103022122

Unverified

Hong Kong

After I placed the order on the APP, the trading column disappeared. Thus, I could only see my position becoming liquidated. When I argued with the broker, it deleted my account and trading record.

Exposure

韩掌柜

韩掌柜

Unverified

Hong Kong

I deposited fund in last July. When I reflected the slippage, the service said that it was normal. Then I found that each time my order was dealt below the taken profit pip. The platform always blamed it on my network. After I suffered a loss of 60 to 70 thousand or so, the platform banned my account directly, behaving in a bad manner. The equity of PROFIT is located in Shenzhen.

Exposure

FX4237450971

FX4237450971

Unverified

Hong Kong

I went short and earned $400, but PROFIT canceled my order directly.

Exposure

60
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Website
Genealogy
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  • China profit188.com
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  • Hong Kong 968fx.com
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Related Companies

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Registration No.6753353
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Related sourcesWebsite Announcement
Employees

Review summary

PROFIT (普罗汇集团) is an entity registered in New Zealand and has been operating for an estimated 5-10 years. Our analysis indicates this is an offshore-regulated broker with a low overall trust score of 2.53. Crucially, its regulatory profile presents significant concerns: the entity holds no active, mainstream financial regulatory licenses. Review of its license history shows that past authorizations from the Vanuatu Financial Services Commission (VFSC) and as an Appointed Representative under the Australian Securities and Investments Commission (ASIC) have both been revoked. The broker offers high leverage up to 1:500 with minimum deposits starting as low as $100 for a Mini account, featuring tight spreads from 0.9 pips. However, operating without valid oversight from a major financial authority constitutes a severe risk warning for potential traders, as client funds are not protected under standard compensation schemes. Potential clients should exercise extreme caution and conduct thorough independent due diligence before considering any engagement with this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-21)

Keywords

  • 5-10 years
  • Regulated in Vanuatu
  • Derivatives Trading License (EP)
  • Suspicious Scope of Business
  • High potential risk
  • Offshore Regulated

Wiki Q&A

How safe is trading with PROFIT?

Trading with PROFIT (普罗汇集团) carries significant risk. The broker operates without active, mainstream financial regulation, as its previous licenses from the Vanuatu Financial Services Commission (VFSC) and as an Appointed Representative under ASIC have been revoked. With an overall trust score of 2.53 and no client fund protection under standard compensation schemes, engaging with this entity is highly risky and requires extensive independent due diligence.

Two days ago
United States

Which regulator oversees PROFIT?

PROFIT is not currently overseen by a mainstream financial regulator. Its regulatory history shows its most recent authorizations have been revoked, including a General Financial Services License from New Zealand's FSPR and an Appointed Representative status under Australia's ASIC. It operates as an offshore entity registered in New Zealand with no credible, active regulatory oversight.

Two days ago
United States

What trading accounts does PROFIT offer?

PROFIT offers three live trading account tiers: a Mini account with a $100 minimum deposit and spreads from 1.5 pips, a Standard account requiring a $1,000 deposit with spreads from 1.1 pips, and a VIP account with a $5,000 minimum deposit and tighter spreads from 0.9 pips. All accounts support maximum leverage up to 1:500, allow scalping, hedging, and Expert Advisor (EA) trading.

Two days ago
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Two days ago
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Two days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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