Read our Profit Assist review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a profitassist.io review.
Who are they?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.
So Profit Assist is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
How does it work?
Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.
Make sure you leave reviews about Profit Assist in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Profit Assist Review Conclusions
Making the Profit Assist review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Profit Assist review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
The company promises big and unbelievable earnings from investment in Bitcoins.
See their marketing material: https://securelyrich.com/bitcoinbillionaire/de/index.php?dh=b07f8e7231&intgrtn_clickID=WV26R3zaOy97DewLmdPqKNbE41EL8kEb1Zv0lXoxgQMp5G4Ar&intgrtn_custom5=c7043175m8p3vd06&country=DE&intgrtn_redirectReturningLead=auto and
https://profitassist.io/
The domain name *.io is the British Indian Ocean Territory. There is no address to be seen in Europe. The terms and conditions consist of 12 pages and say among other things that these terms can be changed at will by Profitassist.io by announcement only on their home page. Profitassist.io’s German bank connection, Solaris Bank gets a consistently negative evaluation on Trustpilot with words like “scam”, “unseriös”, “Finger weg”. On YouTube on finds videos that describe and criticize Profitassist and similar scams.
Unfortunately, my wife, E. Roger, was not careful. She logged in and invested the minimum amount of 250€ from her German Postbank account DE** ..**1604 the 17.2.21. She was given a password and was asked to submit a copy of her passport and permission to stay in German (we are both not from Germany, I have lived here 12 years as an EU-citizen, she has all necessary permissions).
Already, the 8.3.21 Profitassist.io reported (in, I guess, a false presentation) that her account held 8,506€ (26.3.21 28,962€!!!) Happy and a little skeptical she asked to get some of that beautiful cash. Now the problems and threats from them started, first from a Garcia Alfonso: Profitassist.io threatened her that as she was not legal in Germany (which she is), she could not get them (+442033185213, does not respond anymore from UK). Later she was told that she had to pay a tax on the earnings, 3.000€, before they could release the money. It would be illegal on their side to send her the money without paying them the said tax. Happily, she did not send them. She told them to stop. Now we are here to warn others.
Profit Assist is a total scam. They have 50000 euros of my money and they do not wish to return them to me. I have never signed a contract with them, as it seemed a total fraud. I asked immediately my money back but they say I have to pay a ‘fine’ for early withdrawal, of course, not deducted, but paid on top. 18%, another 10000 euros. This money represents my life’s savings. Do not fall for the trap. TOTAL SCAM. But I know police are working internationally to capture them.
Grandes vigaristas, Tudo o que se fizer contra eles é pouco.
Great swindlers, everything that is done against them is little.
Ich bin ebenfalls auf diese Betrüger reingefallen. Angefangen hat es mit Anabel Gorige, von Cripto Genius wo ich 250,00 € einbezahlt habe, die mich an die Betrügerfirma ProfitAssist weitergeleitet hat. Von diesen Moment an ging es mit den Versprechungen los, ich habe gewonnen, und es wurden immer mehr Einzahlungen gewünscht. Zum Schluss hatte ich einen Gewinn von über fast 36 000 Euro, angeblich liegen die auf dem Blockchain Konto, aber sollte ständig eine Provision einzahlen damit ich mein Geld bekomme. Dann lag es auf der Barclay Bank, zum Schluss solle ich mir ein Konto bei Bitwala anlegen, damit ich mein Geld bekomme, auch das habe ich gemacht, wieder nichts, ich soll zuerst 4500,00 € einzahlen, dann bekomme ich das Geld. Da war Schluss, habe Anzeige erstattet, und habe es bei Action Refund gemeldet, was mir bis jetzt auch nichts gebracht hat.
Mal sehen wie es weitergeht .
Die Polizei ist machtlos – leider- das Geld ist verloren.
Vorsicht an alle Betrogenen, die versuchen es immer wieder, sind total kriminell. Es ist immer ein anderer Mensch. Zahlen sie kein Geld mehr ein, es ist sonst auch weg.
I fell for these scammers too. It started with Anabel Gorige, from Cripto Genius, where I paid € 250.00, which I forwarded to the fraud company ProfitAssist. From that moment on, the promises started, I won, and more and more deposits were requested. In the end, I had a profit of almost 36,000 euros, allegedly they are on the blockchain account, but I should always pay a commission so that I get my money. Then it was on the Barclay Bank, at the end I should create an account with Bitwala so that I get my money, I did that too, again nothing, I should first deposit € 4,500.00, then I get the money. That was the end of it, I filed a complaint and reported it to Action Refund, which has not helped me so far.
Lets see how it goes on .
The police are powerless – unfortunately – the money is lost.
Beware of those who have been duped, who try again and again, are totally criminal. It’s always a different person. Do not pay any more money, otherwise it will be gone.
Ist nicht so rübergekommen wie ich geschrieben habe
Diese Anabel Gorige hat mich an ProfitAssist weitergeleitet,, von dem Moment an ging der Betrug los.
Be careful with profitassist
A was scammed
Giulia Larsen is the name of the broker
Io sto aspettando che almeno mi restituissero i 25000 euro che ho investito con una promessa di guadagno di 74000 euro tutte balle bisogna denunciarli su qualsiasi sito più si pubblica e peggio per loro continuare più che si può questi criminali vanno screditati e tra poco faro i nomi e pubblicherò anche le loro email con i nomi fittizi e tutto falso.
Giulia Bianchi e poi se scoperta da sola dicendo di digitare Larsen ora mi chiedo con quale coraggio comportarsi cosi poi quello che non continuo a capire le autorità li lascino fare, anche MT4 che gli a permesso questa frode questo non succede con Blockcain che repentinamente mi a contattato e abbiamo bloccato un Moldavo che si faceva passare x me DENUNCIAMO DENUNCIAMO
They are SCAM and i hope soon they will all be brought to book and they shall all pay after I invested and I won’t to checkout they started giving me alot of excuses and even SCAM my referees and put me on dept .
If they think they can SCAM on internent and go free, they can never go free Spirituality because they are all been recognised Spirituality