Bad Brokers

Any1Profit Review

Any1Profit Broker Logo

Any1Profit was an offshore / unlicensed Forex Brokers, that started offering trading services in September 2019. Their website is now dead!

For complaints or problems, read more.

Any1Profit Broker Reviews

While reviewing this new broker Any1Profit, we saw that they have all the popular underlying assets for CFD trading on Forex, Market Indexes, Crypto Currency, Gold, Silver and Commodities. Any1Profit runs on the classic PandaTS CFD trading platform, and we found their app on Google Play.

Newbie CFD investors must know the difference between trading and investing. Investors using a CFD (Contracts for Difference) broker, are simply trading and looking to profit from the underlying assets price movement. You do not actually own the underlying asset or currency.

Any1Profit offers four account types, with the main difference being their account manager. Either way, you can be assured you will receive plenty of phone calls from their Salesmen. The minimum deposit for a Classic account is $500.

If you are looking for a licensed broker offering MetaTrader4 or 5, look here.

Any1Profit CFD Trading Platform
Any1Profit CFD Trading Platform

Hidden Fee’s and Auto Trading Software

You probably didn’t think about reading the Terms and Conditions page, but we did, and found some interesting things.

  1. The broker charges a Dormant Account Fee: “Any1Profit will charge dormant account balance, for inactivity in trading of 45 days and above, for the sum of $100 a monthly fee.”
  2. They also have an Auto Trading Software Fee: “A client/trader who registered and deposited funds for using one of the auto-trading software products and wishes to close the account and withdraw the funds before trading at least 20 trades with the software, will be charged $100 as an auto-trading software fee.”

Chances of making a profit after 20 automated trades, with a bad software is usually very low, read why.

Any1Profit Broker Account Types
Any1Profit Broker Review

Is Any1Profit a Licensed CFD Broker?

No, Any1Profit is not a regulated broker, and does not hold a license.

It does not state explicitly on their website, who the owner is and where they are located. If you deposit via wire payment, it goes to: Server Bit EOOD, Sofia, Bulgaria. According to their T&C page, they are governed by the laws of St Vincent and Grenadines. Contact phone is in United Kingdom: +442035148159. Customer support email address is: [email protected], and the official website is at: https://www.Any1Profit.com/.

Trading on Crypto Currency, Shares or Currency is a financial investment service, which needs to be regulated by your government regulator. The difference between a licensed broker and an unlicensed broker is who will insure your money when the broker goes out of business, read more.

Online brokers in the United Kingdom must have a license from the FCA, and online brokers in Australia are required to have a license from ASIC. Did you know that you can choose from more than one hundred licensed brokers today? Have a look at these popular licensed Forex brokers.

Best Brokers