Company Information

Get to know Open4Profit

Open4Profit is a proprietary trading firm designed to identify and fund talented traders globally. The company offers various evaluation programs where traders pay a fee to demonstrate their trading skills on a demo account under specific rules (e.g., profit targets, drawdown limits). Traders who pass the evaluation are offered a funded account, allowing them to trade the firm's capital and keep a significant percentage (up to 90%) of the profits they generate. The firm supports trading across multiple asset classes, including Forex, cryptocurrencies, indices, and commodities.

Industry

Financial InvestmentPRIMARY
Financial Other Service

Contact

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Open4Profit

United Arab Emirates

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

Reviews

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.