ProfitPipsMarkets.com Review

Not yet rated
2 REVIEWS
Out of business
Updated: Jun 13, 2022
ProfitPipsMarkets is a forex broker. Profit Pips Markets offers the MT5 and MT5 Mobile forex trading top platform. ProfitPipsMarkets.com offers a number of forex currency pairs, cfds, commodities, gold and silver for your personal investment and trading options.
Website is down. Company seems to be out of business.
ProfitPipsMarkets.com
Out of business
Not yet rated
2 REVIEWS

Recent User Reviews of ProfitPipsMarkets.com

M
Mel15
GE, Switzerland,
Jun 13, 2022,
Registered user

SCAM - DO NOT FALL FOR IT

MASSIVE SCAM - LOST 10K.
They kept telling me to inject money to be able to reach the next pillar to be able to withdraw.

Once reached they said to inject more to pay for taxes.

I feel really dumb. Please do NOT FALL FOR THESE buttWIPES.
S
Shashigoud Niravani
Bangalore, India,
Mar 30, 2021,
Registered user

THIS IS THE PURE SCAM!! THEY BUSTED MY ACCOUNT IN HALF AN HOUR!.

Service use: Live Length of use: 0-3 Months
Hello Sir/Madam,

Above mentioned, I am Shashigoud, a citizen of India. I had invested in the forex broker named ProfitPips Market (www.profitpipsmarket.com) who claims that the "profitpipsmarkets is Brand name of Veis Market licensed and regulated by FSA(Financial Security Authority of St. Vincent and the Grenadines) under licence number 223977BC2007 as an International Business Company."

I had invested $1359 (which is 1,00,000 Indian Rupees) for the purpose of Forex post the telephonic conversation with their associates. Initially they made some profits, but after a week, they started to initiate some bad trades which started to affect my equity. So, I asked them about this several times and they replied that it is alright and we will make the profits after a week, so I waited and after that they exited the trade with the loss of $184. So, I decided to contact them and the support team didn't arrange a call back. So, when my account was running in negative of around - $590, I contacted them and requested them to not put any trades so that I can atleast withdraw remaining amount, but they never listened. Instead they exited the trades with the loss of around -$750.

I sent them a message through Telegram telling that I will have to file a law suit against them if they keep doing the same and if they don't process my withdrawal request.

So, the Admin blocked me in Telegram platform and they didn't respond to me, so I decided to contact them through their website, but I didn't receive a call back and suddenly they started to initiate some bad trades eventhough they knew that my account had no huge equity to buy crypto currencies like Bitcoin and Ethereum, but they placed those trades and within 30 minutes, they Zeroed Out my account.

I kindly request you to help me to recover my initial deposit of $1359 + the profit I made $680.

Thanks,
Shashi