UProfit, once a high-quality proprietary trading firm, is currently in the spotlight for its questionable strategies and an increasing number of dissatisfied traders. Based on user experiences and investor reviews, it’s obvious that UProfit has lost the trust of most of its trading community.
Website: https://uprofit.com/
Website Availability: Yes
Owned By: UProfit
Blacklisted by: Not recommended by the review website like Fraud Recovery Experts
Domain Age:
Name-UPROFIT.COM
Registry Domain ID-36263044_DOMAIN_COM-VRSN
Registered On-2000-09-26T10:59:17Z
Expires On-2027-09-26T10:59:17Z
Updated On-2022-10-06T22:50:27Z
Unfair Account Closures and Rule Manipulations
Several traders have reported that their accounts were shut down following the attainment of profitability. In most instances, UProfit supposedly changed or vaguely used its rules so that it could not be understood or followed by users. Traders who tried to solve problems or offer evidence of the renewal of accounts were answered dismissively or ignored by support.
UProfit compels users to trade on a limited version of TradingView with reduced functionalities. No tick charts, a limited indicator library, and regular platform crashes in live trading. A number of users asserted that their accounts were closed as a result of technical issues during profitable trading, without any responsibility from the firm.
Lack of Transparency and Misleading Promotions
The site contains advertising deals and banners that frequently open up to the same internal “zero” program, misdirecting new users. Additionally, vital information regarding performance indicators, trading rules, and drawdown policies is not readily found, contributing to confusion and expensing mistakes for traders.
Unresponsive and Unprofessional Customer Service
UProfit’s customer support team has been said to be rude and uncooperative. Most users have complained of no customer service at all, with no email support to be found on the website, and significant differences being ignored or dismissed outright.
What was initially a promising prop trading company is now a cautionary tale. UProfit seems to deal with poor transparency, biased rules, and dubious practices. Traders should look for more trustworthy alternatives.
FAQs
Q1: Is UProfit a regulated prop trading company?
Though UProfit is a prop trading firm, recent user reports bring genuine doubts about their integrity and business ethics into focus.
Q2: What are the serious problems traders have with UProfit?
Popular grievances are platform crashes, ambiguous rules, no support, unjustified account closure, and deceptive promotions.
Q3: Is it simple to withdraw profits from UProfit?
Subscribers have complained of extreme and confusing conditions for withdrawals, such as having to trade profitably within four days before being able to make a request, making it difficult.
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