ProfitRaw Review and Website Analysis

We frequently come across scam brokers that use the names of legitimate companies. In this ProfitRaw review, we introduce our readers to one such case. Even on its official website, it’s easy to find solid evidence that this platform was created by fraudsters. Want to know more? All the materials about this fraudulent company can be found below.

Brief Overview

• 🖥Official Website: https://profitraw.com/
• ✈️Contact Address: not specified
• 📞Customer Support: [email protected]
• 🔐Licensing and Accreditation: none
• ⏳Track Record: since 2024
• 🧰Specialization: Forex/CFD broker
• 🤝Terms of Cooperation: deposit from €5,000, leverage up to 1:500, spreads from 0.0 pips
• 💰Additional Services: none

Profitraw.com Examination

At first glance, ProfitRaw’s official website looks quite appealing. However, these days, no one is surprised by the design or speed of WordPress-based platforms. This means the content of the pages becomes the main criterion for evaluation — and here, the broker falls short.

For instance:

• The homepage of profitraw.com feels more like a promotional pitch, filled with slogans but devoid of actual facts.
• The About Us page is particularly weak. It essentially offers nothing but a claim that it’s “one of the leading global brokers” and some statistics that raise serious doubts.
• The company appears to have no understanding of information transparency.
• The website lacks financial reports, key details about the firm, or its history. Detailed trading conditions? Forget about it. Descriptions of available markets are limited to 2-3 vague phrases. Need contract specifications? It seems the firm doesn’t even know what those are.

This lack of meaningful content is consistent across every page of the ProfitRaw website. While each page is useless from an informational perspective, the company never misses an opportunity to boast about itself. Novice traders might fall for it, but seasoned professionals will 100% avoid dealing with such an unprofessional team. And is this “The Leading Forex and Crypto Broker”? Please, don’t make us laugh.

Company Contacts

How “leading” is this broker? The answer becomes clear on its Contact Us page. Here, visitors will find only a contact form and an email address.

Isn’t it strange that one of the world’s “best brokers” hasn’t published its office address or a support phone number? There’s no live chat on the website and no links to social media accounts either.

We recommend the firm’s owners take a look at similar pages on the websites of legitimate, licensed Forex/CFD brokers. When a company values its clients, it ensures the following:

1. It resolves issues promptly through multi-channel phone lines, live chats, Telegram channels, etc.
2. It actively engages with its audience by sharing internal news, market updates, and forecasts on social media. Discussions on these posts often involve both clients and visitors.

Against this backdrop, ProfitRaw feels like a broker “for itself.” Its main interest is traders’ money, with no concern for their comfort, growth, or success. This is exactly how scammers operate. But since we’re dealing with “one of the best,” that surely can’t be the case — or can it?

Key Conditions

The same question arises when you try to find ProfitRaw’s trading conditions. As mentioned earlier, contract specifications are nowhere to be found. Instead, the homepage slogan — “Thousands of financial products with maximum leverage” — is apparently supposed to inspire us to deposit large sums of money immediately.

Looking at the Account Types page, we see the following options:

• Beginner. Minimum deposit €5,000, leverage up to 1:100
• Trader. Minimum deposit €10,000, leverage up to 1:200
• Expert. Minimum deposit €25,000, leverage up to 1:300
• VIP. Minimum deposit €50,000, leverage up to 1:400
• Exclusive. Minimum deposit €100,000, leverage up to 1:500

Apparently, every trader dreams of these conditions. After all, what’s €5,000 to a beginner? And leverage up to 1:500 is surely an amazing deal for anyone looking to earn quickly and in large amounts.

If we’re being serious, though, no rational user would agree to these conditions. The enormous risks associated with the maximum leverage make losing the entire deposit highly likely. Few people can afford to lose even the €5,000 minimum without significant consequences. Access to “exclusive webinars” or a training center doesn’t seem like enough incentive for such reckless decisions — especially considering there’s no mention of these features anywhere on the official website or in the personal account.

Traders should also take note of another fact: the company provides no information about spreads, swaps, or trade volume limits. These would need to be determined during live trading, using real funds, as ProfitRaw doesn’t offer demo accounts. We don’t need to explain how dangerous this approach is for traders.

Note! Various pages on the website claim zero-commission trading and spreads starting from 0. These sound like fantastic offers — especially if you think about how the company makes money. Are the owners altruists? Or are they simply confident that all trader funds will end up in their pockets?

Exposing Profitraw

You might argue that the content, contact details, and trading conditions aren’t proof of scamming. We won’t even bother debating that — we’ll provide stronger evidence.

Let’s start with company registration. In the footer of ProfitRaw’s pages, the firm claims to represent parent company AI FINANCIAL LIMITED, registered in the UK under number 09540936. Since UK Companies House data is publicly available, verifying this claim is straightforward.

The search in Companies House confirms that such a company indeed exists. It has been operating since 2015 in the field of financial management (SIC 70221). However, a detailed examination of the full data reveals that the firm has been dormant for 1 year and 10 months and is currently subject to a proposal for strike-off from the register.

By looking at British aggregators, we can gather even more intriguing details. For instance, in 2023, the dormant company did not submit any financial statements and closed the year with assets totaling just £1 (the firm’s share capital). In 2022, its performance was even more “impressive,” with total assets at the end of the year amounting to -£5,000. The company employs only one individual. Doesn’t this perfectly resemble “one of the leading global brokers”?

Another fact to note. Brokers registered in the UK are required to hold an appropriate FCA license to operate on the local market. AI Financial Limited does not possess such a license, and its stated SIC code does not cover brokerage services.

Here, it’s worth revisiting the broker’s trading conditions, particularly the leverage size. Recall that the British regulator imposes strict limits on the maximum leverage for retail investors, capped at 1:20–1:40 depending on the trading instrument. What does Profitraw offer? Leverage of 1:100–1:500, with no client categorization or status. This is a clear violation of regulatory requirements.

The broker is not officially registered, has fraudulently adopted the name of an existing company to appear legitimate, and lacks the necessary licensing (which it couldn’t obtain anyway). Therefore, any claims of lawful activity are invalid.

While the firm itself does not disclose its history, we utilized WHOIS data to uncover some insights.

The domain registration date of July 22, 2024, reveals that the company has been online for less than 5 months. If we consider the date of the last update, this timeline shrinks to just 3 months.

Whether it’s 3 months or 5, the difference hardly matters. Remember, we mentioned earlier that the platform’s published statistics required verification? A broker with a lifespan of just 3–4 months, claiming 200,000 registrations and over 150 industry awards, is simply impossible. Such figures are undeniably fabricated. After this revelation, no one could convince us that this project is genuine, operates honestly, or provides a safe place to deposit funds.

What Reviews Do Users Leave?

Another indirect indicator of the broker’s brief existence is the limited number of Profitraw reviews online. On Trustpilot, for instance, we found just 16 comments. No similar platforms (e.g., SiteJabber or Reviews.io) feature the company at all.

Interestingly, all 16 reviews on Trustpilot describe the platform as an ideal choice, with 15 five-star ratings and one four-star rating.

While we’re happy that the firm is supporting copywriters with well-paying assignments, a bit of modesty wouldn’t hurt. Such blatant attempts at crafting a positive image raise more suspicions than admiration.

Meanwhile, publications on reputable trading and investment sites easily exceed these numbers. These expert reviews highlight the broker’s numerous issues and openly label it a scam. We fully agree.

Conclusions

What can be taken from this Profitraw review? This broker was undoubtedly created by fraudsters. It operates without proper registration or licensing. The broker uses the name of an unrelated, legitimate company for cover. Trading conditions violate regulatory standards and are inadequately disclosed. The statistics presented on the website are fake. Payment details are hidden. Online reviews are paid for by the company to create a false image. These factors provide overwhelming evidence that this is a scam operation. The risk of losing funds with this pseudo-company is nearly 100%. So, is it really worth depositing your money here?

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