Flipprofitsmining is a CFD broker with a domain registered on March 26, 2024. This broker primarily provides investment services in forex, cryptocurrencies, indices, stocks, energy, and commodities markets. It does not offer services in countries or regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
The publicly available information on Flipprofitsmining's website shows that the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed the company's registered entity information or detailed regulatory information.
Upon investigation, the Australian Securities and Investments Commission (ASIC) does not have any registration information for a company named "Flipprofitsmining."
Therefore, Flipprofitsmining is, in fact, an unregistered and unregulated fraudulent broker website.
Account Opening Process
To open an account with Flipprofitsmining, visit the broker's official website. Click "Open Account" on the homepage or "Sign Up" at the top right corner of the page to access the account registration page. Fill in your name, email address, and other personal information as required, set a login password, and submit. Once the account is verified, the registration will be successful.
Trading Products:
Flipprofitsmining offers its clients a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities and leverage can enhance potential returns.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning from price changes based on company performance and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Trading Platform
Flipprofitsmining provides users with a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than comprehensive liquidity providers, and executing over 12,000 orders per second.
Deposits and Withdrawals
Flipprofitsmining only supports deposits and withdrawals via cryptocurrencies.
Conclusion:
Traderknows reminds investors that Flipprofitsmining is essentially a fraudulent broker website with no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
