"ProfitApp" is not a specific company but rather a marketing brand and software name used in online funnels to attract retail investors. These campaigns typically promise high returns through an automated trading robot or algorithm that trades cryptocurrencies and forex CFDs. Users who sign up are usually redirected to one of several unregulated or offshore brokerage firms that actually hold the client funds and execute trades. Due to the lack of a clear corporate structure and numerous regulatory warnings, it is widely considered a high-risk scheme.

Founded in

United States