myprofitlive.com Review

myprofitlive.com Review

myprofitlive.com Review: 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

myprofitlive.com 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

 

REVIEW CONTENT 

  • General Information & First Impressions
  • Fund and Account Security
  • Account info at myprofitlive.com
  • myprofitlive.com’s  Trading Platform 
  • Conclusion

myprofitlive.com review
Platform Overview and Initial Impression


In our review of MyProfitLive, a global brokerage, we were immediately drawn to its streamlined and optimized trading experience, as well as its powerful trading conditions. This comprehensive assessment aims to determine if the platform lives up to its promises, specifically targeting readers in Canada.

Upon first glance, MyProfitLive appears to successfully achieve its objectives. Before delving into specific aspects such as accounts and the platform, let’s take a step back and review the bigger picture.

One notable highlight is the extensive range of trading materials available. With over 50,000 assets in its library, the broker offers numerous alternatives to cater to diverse trading preferences.

This is made possible due to the broker’s specialization in CFDs. While we acknowledge that some traders may have reservations about CFDs due to the presence of scammers in the industry, we encourage you to objectively assess the broker’s security measures, as we will do in our forthcoming MyProfitLive review.

CFDs contribute significantly in terms of functionality, as they reduce expenses and enable the broker to handle high-intensity periods more effectively. This advantage eliminates the minority of traders seeking majority stockholding, further enhancing the appeal of MyProfitLive.

Furthermore, the broker provides a personalized platform and boasts a fully functional, user-friendly website, showcasing its technological expertise. This combination of robust trading conditions and technical proficiency presents MyProfitLive as a modern and capable brokerage. We will delve into further detail in our comprehensive myprofitlive.com review.


Platform Overview and Initial Impression

Funds and Account Security

myprofitlive risk warning

When looking for a new brokerage, safety should be the primary consideration. Scammers abound in the Internet finance realm and appear to elude regulators consistently. As a result, the only way for traders to be completely safe is to conduct their own due diligence.

However, because of the methods brokers promote themselves, it can be difficult to distinguish between legitimate brokers and scammers. In order to attract more users, both prefer to conceal conditions that do not make them look good. Worse, some dated brokerages (that provide a quality service) frequently have a terrible starting phase, making them appear to be scammers.

As a result, most people have no way of telling them apart. However, we urged you before in our myprofitlive.com review to evaluate the broker on its own merits. That means there are more methods to distinguish between fraud and legitimate services than simply guessing. We’ve done the research for you because it’s time-consuming and complicated.

We’re pleased to report that we haven’t discovered any severe security flaws in the broker. Furthermore, the broker possesses a number of characteristics that reassure us of its safety. First, we can see that the broker’s general internet security protocols are in order, such as 2FA on accounts and encryption on everything.

Following that, we can examine the broker’s overall approach to communicating with its consumers. It is informative and beneficial while using your time effectively. It does not attempt to conceal critical information and appears to be a professional and painstakingly created service. Naturally, this distinguishes it from scams. Finally, we can see that myprofitlive.com’s formal documentation is in order. They provide more information about the broker’s services and keep users completely informed. We do not anticipate any security difficulties throughout your time with the broker.

In summary, our review of myprofitlive.com reveals a brokerage that prioritizes funds and account security, providing users with peace of mind. The broker has implemented robust internet security protocols, offers transparent communication, and maintains comprehensive documentation. With these measures in place, traders can confidently engage with myprofitlive.com.

Account Info – myprofitlive.com Review: Everything You Need to Know

In our comprehensive myprofitlive.com review, we delve into all the crucial details about the broker’s account options. Understanding the different account types is essential for traders seeking the most suitable trading experience. MyProfitLive offers a unique approach to account variety. While the basic structure of tiered accounts based on deposit levels remains, the broker introduces innovative features that enhance the division of accounts.

Traders can choose between ordinary and professional accounts, catering to different types of traders. This distinction is particularly beneficial for beginner traders who may be unsure of their specific trading needs and objectives.

It’s important to note that even ordinary accounts provide viable trading instruments, equipping traders with everything they need to start and succeed in trading. However, there are compelling reasons to consider upgrading to higher-tier accounts. As highlighted in our myprofitlive.com review, the broker prioritizes enhancing trading conditions for higher-tier accounts, setting itself apart from many other brokers.

These accounts offer superior performance compared to their counterparts, with increased leverage and reduced service expenses such as pips and spreads. This means that traders can retain a larger portion of their profits while trading, ultimately maximizing their earnings.

The broker’s account structure is undeniably advantageous for traders aiming to achieve higher profits. Additionally, myprofitlive.com provides a scaling deposit incentive that encourages traders to increase their initial deposit amount. This incentive further simplifies profit generation, offering a significant advantage to traders.

Let’s explore the different types of accounts available on myprofitlive.com:

MyProfitLive's account type on MyForexNews review

 

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

  • 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%

myprofitlive.com Trading Platform review

myprofitlive.com stock markets charts for MyProfitLive Review dasdawdasdawdasdawd

In our detailed myprofitlive.com review, we take a closer look at the broker’s trading platform. As mentioned previously, the broker utilizes its own platform, built on the popular MetaTrader infrastructure. The platform aims to enhance the overall trading experience while retaining full functionality. However, myprofitlive.com acknowledges that not all traders prefer this approach.

To cater to diverse trader preferences, the broker offers access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. This allows traders to have complete control over their trading experience. It is particularly advantageous for individuals who are dissatisfied with the design and slightly simpler feel of the current platforms they are using.

The myprofitlive.com trading platform incorporates all the familiar features you would expect, including the ability to set profit targets and stop losses using trailing options. Furthermore, the platform provides a wide range of analytical and research tools, both on the website and within the platforms themselves. This showcases the broker’s commitment to ensuring the success and satisfaction of its traders.

With the myprofitlive.com trading platform, traders can access powerful tools and resources that facilitate informed decision-making and efficient trade execution. The platform’s user-friendly interface and comprehensive functionalities contribute to a seamless trading experience.

In our myprofitlive.com review, we delve deeper into the platform’s capabilities and explore how it enhances the trading journey for traders of all levels of experience.

Conclusion of MyProfitLive Review

In conclusion, after conducting an in-depth review, we highly recommend myprofitlive.com as a preferred choice. This broker offers a wide range of user-friendly tools that are designed to support traders in their journey to success. The trading experience is streamlined and intuitive, making it accessible for both novice traders and those transitioning from other brokers.

One of the standout features of myprofitlive.com is its extensive selection of assets, account options, and platforms. This ensures that traders of all preferences and experience levels can find suitable options to meet their individual needs. The broker’s commitment to adaptability and flexibility sets it apart from others in the industry.

Based on our assessment, myprofitlive.com stands out as a reliable and trustworthy brokerage. Its user-friendly tools, diverse offerings, and commitment to customer satisfaction make it a standout choice in the market. We confidently recommend myprofitlive.com to our readers, as we believe it provides a solid foundation for successful trading endeavors.

To explore the full range of features and benefits offered by myprofitlive.com, we encourage you to visit their website and experience the platform firsthand. Make an informed decision and embark on a rewarding trading journey with myprofitlive.com.

stock markets charts with arrow going up for MyProfitLive Review