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myprofitlive.com Review – How trustworthy is it?


Do recenzji w języku polskim

General Information
Broker Name: MyProfitLive
Broker Type: Forex & CFDs
Country:Switzerland
Operating since year: 2021
Regulation: N/A
Address: N/A
Broker status: N/A
Customer Service
Phone:+15794692137; +48452206333; +442080977795
Email: [email protected]
Languages:Russian, Polish, English
Availability: 24/5
Trading
The Trading platforms: Proprietary, MT4, MT5
Trading platform Time zone: GMT
Demo account:No
Mobile trading: Yes
Web-based trading:Yes
Bonuses:Yes
Other trading instruments:Yes
Account
Minimum deposit: $250
Maximal leverage: 1:400
Spread: Floating From 0.0 Pips
Scalping allowed:Yes

Broker Review: MyProfitLive

Review of myprofitlive.com: General Information

MyProfitLive is a brokerage that operates worldwide, and it has gained a ton of traction. It promises a streamlined and optimized trading experience on top of powerful trading conditions. That’s just about everything we look for in a broker, so it has definitely piqued our interest. That’s why, during this myprofitlive.com review, we will strive to figure out whether it matches up to its promise.

And we have to admit that, even at a glance, the brokerage does look like it delivers on its goals. In this section of our review, we will go over some broad strokes and will focus on things like accounts and the platform later.

One of the first things we’ve noticed is the sheer volume of different trading materials available. The broker has over 50,000 assets in its library, promising an abundance of choices.

Of course, that’s possible due to the broker dealing with CFDs. We’re aware some traders mistrust them because a lot of scammers exist in the CFD trading business. However, we implore you to look at the broker’s security without prejudice, as we will do later in our MyProfitLive review. 

 

First Impressions: of myprofitlive.com interface review

Function-wise, the CFDs contribute a ton, as they cut costs and make the broker handle high-intensity periods better. As such, we consider that a huge advantage, excluding the minority of traders who wish to become majority shareholders.

The broker also promises numerous powerful conditions for traders, such as a custom platform. Along with its fully functional and easy-to-navigate website, that also affirms the broker’s tech-savviness. Altogether, the mix of trading conditions and technical prowess leaves the impression of a modern, capable brokerage. We will continue in more detail further in our myprofitlive.com review.

 

Fund and Account Security: myprofitlive.com review

Fund and Account Security

Safety should be the first thing you look at when exploring a new brokerage. The online finance world is abundant with scammers, and they seem to elude regulators constantly. As such, the only way traders can be entirely safe is by doing their own due diligence.

However, due to the ways brokers promote themselves, it can be difficult to discern valid brokers from scammers. Both like to hide conditions that don’t make them look great in an effort to attract more users. Worse yet, some dated brokerages (that offer a quality service) often have a horrible introductory phase, leaving them looking like scams.

As such, differentiating between them is guesswork for most people. However, earlier in our myprofitlive.com review, we implored you to look at the broker on its own merit. That means there are more ways to discern between scams and actual services than just guessing. Since that’s tedious and complicated, we’ve done the research for you.

We’re glad to say that we haven’t found any significant security holes for the broker. Furthermore, the broker has a lot of qualities that assure us of its safety. First, we can see that the broker’s general internet safety protocols, such as 2FA on accounts and encryption on everything, are in order. 

Next, we can look at the broker’s general approach to communicating with its customers. It doesn’t waste your time while staying informative and useful. It doesn’t try to hide crucial information and generally seems like a professionally and effortfully crafted service. Naturally, that differentiates it from scams.

Lastly, we can see that the formal documents on myprofitlive.com are in order. They provide further insight into the broker’s service and keep users fully informed. We don’t foresee any security issues arising during your time with the broker.

Account Info – myprofitlive.com review: Everything you might need too know 

While account variety always plays a significant role in shaping the overall service, this broker does things a bit differently. There are still accounts arranged into tiers and dependent on deposit levels, so it keeps the base structure. However, it innovates in the conditions that will improve the way accounts are divided. 

Namely, there are standard and professional accounts, dictating what sort of trader they are meant for. That’s a good pointer, especially for newer traders that don’t know what they need to aim for yet. 

And the standard options are entirely viable trading tools. They provide everything you’ll need to start trading and become successful. However, there is definitively a strong incentive to upgrade.

As we said earlier in our myprofitlive.com review, the broker values power. It opted to boost the trading conditions on the higher accounts instead of going the comfort route that most brokers do. As such, those accounts outperform similar options by a significant margin.

Each option boosts leverage while cutting down service costs like pips and spreads. As such, you’re able to keep more money while trading, which naturally increases profits. And as more profits should be your goal, that positions the broker’s structure as quite an advantage.

There’s also a scaling deposit bonus, encouraging you to put down more money on your initial deposit. Again, it makes profits easier to achieve, which is quite a significant plus. Here are the account types you can expect to see on myprofitlive.com:

expect to see on myprofitlive.com

 

Basic

  • Min. Deposit: $250
  • 24/5 Customer Support
  • Professional Chart
  • MT5
  • Leverage 1:200

 

Explorer

  • 24/5 Customer Support
  • Professional Chart
  • MT5
  • Leverage 1:50
  • Live session with a personal strategy
  • Daily Market Update
  • Bonus up to 10%

 

Gold

  • 24/5 Customer Support
  • Professional Chart
  • MT5
  • Leverage 1:50
  • Live session with a personal strategy
  • Daily Market Update
  • Bonus up to 10%

 

Platinum account on myprofitlive.com

  • 24/5 Customer Support
  • Professional Chart
  • MT5
  • Leverage 1:125
  • Live session with a personal strategy
  • Daily Market Update
  • Personal access to the account manager
  • News alerts
  • Bonus up to 50%
  • Spread – 30%
  • Swap – 20%

 

Premium

  • 24/5 Customer Support
  • Professional Chart
  • MT5
  • Leverage 1:125
  • Live session with a personal strategy
  • Daily Market Update
  • Personal access to the account manager
  • News alerts
  • Bonus up to 50%
  • Spread – 30%
  • Swap – 20%

Review on Trading Platform: on myprofitlive.com

MyProfitLive’s Trading Platform

As we said earlier in our myprofitlive.com review, the broker uses a proprietary platform. It’s based on MetaTrader and aims to provide a better customer experience while keeping all of the functionality. However, it also understands that that’s not the approach every trader wants to take.

For those that enjoy the MetaTrader platforms, the broker also secured options to use both MT4 and MT5. That way, traders can be in full control of their experience. In other words, it’s quite a significant bonus, as some simply don’t enjoy the look and somewhat simplified feel of newer platforms.

Inside the software, you’ll see everything you’re used to, including taking profits and stop losses with trailing options. There are also numerous analysis and research tools, both on the website and inside the platforms themselves. That further establishes the broker’s effort to keep its traders successful and satisfied.

 

Review of myprofitlive.com: Conclusion

Here we came to the end of our myprofitlive.com review!! 

It’s apparent that we like myprofitlive.com from our entire review. The broker has numerous user-friendly features that help you succeed while trading. On top of that, the experience is streamlined and easy to get into, helping newer traders and those transitioning from another broker.

The wide variety of assets, account choices, and platforms also ensures it can welcome different types of traders. As such, the broker ensures it’s a good choice, no matter your trading preference or experience level. We believe it’s one of the few fully versatile brokerages available right now, and as such, we would recommend it to most traders.

myprofitlive.com Review
MyProfitLive’s Trading Platform

Name: myprofitlive.com

Description: It's apparent that we like myprofitlive.com from our entire review. The broker has numerous user-friendly features that help you succeed while trading. On top of that, the experience is streamlined and easy to get into, helping newer traders and those transitioning from another broker. The wide variety of assets, account choices, and platforms also ensures it can welcome different types of traders. As such, the broker ensures it's a good choice, no matter your trading preference or experience level. We believe it's one of the few fully versatile brokerages available right now, and as such, we would recommend it to most traders.

  • Support
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  • Spread
  • Trading Instrument
Comments Rating 4.55 (40 reviews)


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