Have you heard of the broker TheProfitSupp? If you’re wondering whether this company is worth trusting, it’s time to figure it out. Is it a legitimate company with transparent terms or a cunning scam? Reviews online don’t provide a clear answer, so we need to expose this platform ourselves.
Brief Overview
- 🖥Official Website: https://theprofitsupp.net/
- ✈️Contact Address: Schärenmoosstrasse 77, Zurich, 8052, CHE
- 📞Customer Support: [email protected], +41522007439
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: $10,000
- 💰Additional Services: personal manager, education
Theprofitsupp.net Examination
A collection of meaningless and pretentious phrases, a lack of specifics regarding the company’s activities and trading terms, the absence of uniqueness, and an unprofessional design — this is how the official website of this company can be summarized.
The color scheme is a total failure. Pale shades of blue and white seem intentionally chosen to irritate the eyes. There’s not a single lively detail, only dull, generic blocks that give the impression the site was hastily thrown together in a few hours. And the text itself? Pure fluff. Massive paragraphs full of promises flowing endlessly, but absolutely no specifics. Where is the license? Where is the registration information? Where are the actual details about the company? All of it is replaced by empty pomp like “we are leading the industry to new heights”.
At the top, users can select specific sections to partially explore trading plans, company information, the FAQ, and contact details. The site also allows switching between English and Russian. Additionally, TheProfitSupp offers access to a few legal documents: the user agreement, bonus policy, and others.
As for the visuals, they’re not even worth mentioning. Pretentious busts and trophies are not what inspire trust. They look so tacky and generic that they are more off-putting than engaging. If this was meant to impress, it failed miserably.
No, such an official website is far from appealing. It does nothing to make you want to engage with the company. It feels like the platform’s creators didn’t put much effort into it, quickly throwing together a broker website using ready-made templates and designs.
Company Contacts
For contact information, there is a dedicated section where TheProfitSupp provides an email address, a phone number, and an address in Switzerland. Firstly, it’s immediately apparent that this is a small broker, as there is only one email and one phone number. Large companies typically have multiple email addresses for various purposes: support, finance department, verification, and more. Secondly, where is the live chat? It’s the most convenient way to ask a question and get a quick response. Thirdly, where are the social media accounts? This is also an important aspect, as brokerage firms actively engage with users on social media. It builds trust.
Key Conditions
Let’s start with the minimum deposit. $10,000 for a basic account — what is this even? Someone in this company must think only millionaires will come to them. By comparison, reputable brokers often have an entry threshold starting at $10-50. Here, just to “try out” their service, you’d need to fork over an amount comparable to the price of a used car. And if something goes wrong? You won’t get your money back.
Meanwhile, the other plans — there are seven in total — require even more funds. They’re not even worth considering because it’s unlikely anyone would want to invest $50,000, $100,000, or more in an unknown company. TheProfitSupp’s deposit requirements are unreasonable. This is a bad sign, since fraudulent companies often operate this way, trying to extract as much money as possible from their victims.
Promises of “zero spreads” or “minimal commissions” sound too good to be true. Yet, there are no specifics. Until you place your first trade, you won’t know how much you’ll be charged. There’s no mention of leverage either. The most important conditions at TheProfitSupp are simply unknown. How can you determine whether trading here is profitable or not?
Additional services are hardly worth commenting on. For minimal plans, there’s almost nothing — just some educational resources and a personal manager.
Exposing TheProfitSupp
A Swiss broker without a FINMA license? That looks highly suspicious. If you didn’t know, every brokerage company, including those based in Switzerland, is required to obtain authorization to offer its services. However, the subject of our review doesn’t mention regulation at all. This alone is a red flag, as any legitimate organization always provides its license, its number, and a link to the official registry.
In Switzerland, any address can be verified with official documents, such as company registration. However, in the case of TheProfitSupp, it’s nothing but a void. We had to dig through legal registries ourselves to look for this firm. Unsurprisingly, we couldn’t find such a broker. It simply isn’t registered, which means the address is fake. This explains why there’s no license.
Their “Complaints & Dispute Policy” is particularly noteworthy — a masterpiece of absurdity. On the one hand, they claim to be based in Switzerland. On the other, they propose resolving disputes either in Saint Vincent and the Grenadines or “any other location by mutual agreement”. What kind of nonsense is this? Why should disputes be settled in an offshore jurisdiction infamous as a haven for fraudsters? The reason is simple: no one there will bother to address your complaint. Saint Vincent and the Grenadines is a classic choice for shady brokers looking to escape transparency.
The company’s operating period is another revealing factor. On their website, they claim to have been operating since 2022. That’s laughable. Two years in the brokerage industry is nothing. Even novice traders know that serious market players have been around for decades. Here, we’re clearly dealing with a fly-by-night operation pretending to have significant experience. However, the real issue isn’t 2022 but something else. Take note of when their domain, theprofitsupp.net, was registered — September 2024.
The conclusion is simple: these scammers lie about their operating period as well as their legal address. All of this makes it clear that dealing with such a company is a guaranteed way to lose your money.
What Reviews Do Users Leave?
This is a young platform, so there aren’t many reviews about it online yet. However, there’s an interesting pattern. We’ve already established that this is an unlicensed broker that lies a lot and lures clients with fake claims. So, where could their positive reviews come from? The answer is simple: fake comments. TheProfitSupp orders fabricated reviews about itself to attract even more inexperienced traders and scam them out of their money.
Conclusions
If you notice that a broker lies about its registration address, stays silent about licenses, and demands a minimum deposit of $10,000, do not even think about opening a brokerage account. These are guaranteed signs of fraud. The conclusion of our TheProfitSupp review is clear and simple — we do not recommend this platform; it’s a scam.
Pros/Cons
- The site is additionally translated into Russian.
- The broker lies too much and gives fake data.
- The real term of work is a few months.
- The firm orders fake positive reviews.
- Huge minimum deposit.
My friends, TheProfitSupp is a textbook example of a fly-by-night broker with empty promises, fake addresses, and dubious conditions. I realized this immediately… it took me just 30 seconds. I didn’t even bother registering an account because it’s pointless. If you think the positive reviews about this scam are genuine and truthful, they’re not. They’re fake reviews. This is a complete scam. I’ve already lost money with similar schemes, and I want to help others avoid making the same mistake.