ProfitTrade Dash Trading 

Review of Profit Trade, an forex broker which offers multiple Trading platforms and a large selection of cryptocurrencies for trading

See etoro broker details

Profit Trade Dash trading for trading dash and other cryptocurrencies on multiple trading platforms

With an extremely intuitive trading platform they cater to the beginner as well as the more experienced traders, they also have an algo trading robot which produces decent results for those that don’t know how to trade.

Profit Trade Dash Trading Conditions

DASHUSD
Trading Hours Sun-Sat, 00:00:00-23:59:59 (GMT)
spread 1.81
leverage 5
imargin 20
mmargin 6
roll_buy -0.100000001
roll_sell -0.100000001
exp_day N/A

DASHUSDVAR

Trading Hours Sun-Sat, 00:00:00-23:59:59 (GMT)
spread 0.373
leverage 5
imargin 20%
mmargin 2.5
roll_buy -0.100000001
roll_sell -0.100000001
exp_day N/A

Profit Trade is a crypto, forex, and CFD broker founded in 2017 in the Marshall Islands. For the last one year, this broker has managed to build a name for itself in the crypto industry. As mentioned earlier, Profit Trade popularity is associated with Bitcoin Trader, a renowned trading bot.

Profit Trade is a non-dealing-desk broker. Unlike dealing-desk-brokers, non-dealing-desk brokers (STP) make money through commissions. Profit Trade charges a small commission on the profits made by the trader.

Is Profit Trade legit or scam?

We finds Profit Trade to be legit. This broker has a good reputation among the traders

profit trade

Profit Trade provides 6 trading account types. These include Educational, Standard, Premium, VIP, Tailored, and a trading Robot. Each account has its advantages and minimum deposit requirements.

We recommend that you start with a standard account and only add capital as you get used to the platform.

Trading platform

Profit Trade provides the MT4 and also its own proprietary trading software. MT4 is the most popular trading platform in the industry. It is known for its speed and many superior functions. For instance, it comes with multiple indicators and charting tools to help traders in research. this is also our preferred trading platform

When it comes to algorithmic trading, it has functionalities in place to allow integration with trading bots such as Bitcoin Trader. The MT4 in itself is hard to use for complete beginner traders but with a bit of practice on their Demo Account you should be able to get started petty quickly.Profit Trade platform

 

Profit Trade: Trading Conditions

Commissions and Spreads

Profit Trade offers fixed spreads for the Educational and Standard accounts. Other types of accounts have floating spreads of up to 0 pips.

Leverage

Profit Trade provides a leverage of up to 1:400. This is a good leverage and somewhat on the higher side , only a non regulated broker in general is able to offer these kinds of leverage as today most regulations try to push the leverage down .

High leverage requires a high level of accuracy since it means magnified profits and losses.

Account types

this broker has multiple account options and yu will be able to find the account that makes the most sense to you.

see the full overview here

profit trade account types

Withdrawals of funds

Profit Trade allows you to withdraw your money whenever you want. All you need to do is to fill a withdrawal request form on the platform. All transactions facilitate within 24 hours. but it might through banking rules and depending on yur bank , take a few days before you see the money in your account , like in general my bank keeps my funds for another 3 days for interest milking.

Traders Education

For traders who choose for the traditional Profit Trade account, there is more then enough educational resources on their website. However, we do not recommend the traditional account as the trading conditions in the next level are just that but better.

 

All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results. * and all the content on this site is for educational purposes and should not be considered as investment advice

Summary
Trading Dash Online with reputed Forex Broker
User Rating
4.5 based on 2 votes
Service Type
Trading Dash Online with reputed Forex Broker
Provider Name
Profit-Trade,
Area
Most of the World
Description
Dash is one of the most exciting cryptocurrency around and at this moment Profit Trade is one of the few brokers that offers trading in this digital currency. you are able to trade this financial on two different trading platforms

Resources and more Reading for Reviews, Knowledge and entertainment

All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results. * and all the content on this site is for educational purposes and should not be considered as investment advice