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About PROFIT CINDA LIMITED
Profit Cinda Limited, operating via the website , offers trading services across multiple asset classes—including forex, commodities, indices, rare metals, and cryptocurrencies—via the MetaTrader 4 platform. It advertises leverage up to 1:400, though key details such as minimum deposit, spreads, commissions, withdrawal terms, account types, base currencies, swap-free/Islamic options, hedging/scalping/EA policies are not disclosed. Reports suggest absence of regulatory oversight from major authorities including the UK’s Financial Conduct Authority (FCA), US NFA, Australian ASIC, Spanish CNMV, CONSOB, CBRF, and Hong Kong SFC. The Spanish CNMV added Profit Cinda Limited to its warning list for providing investment services without authorization on June 26, 2023.
Numerous user reports from Vietnam cite extensive withdrawal issues, locked accounts, and demands for additional funds to authorize withdrawals. These include cases dating from early 2023, where clients reported being unable to withdraw initial investments and profits unless they submitted further payments under pretext of financial verification.
Who it’s for
- Clients seeking broad access to asset classes such as forex, commodities, indices, rare metals, and cryptocurrencies via MT4.
- Traders comfortable with high-leverage trading environments (up to 1:400).
- Individuals accepting of operation by an unregulated offshore broker, implying lack of formal investor protections.
Pros and cons
Pros
- Access to diverse instruments including forex, commodities, indices, rare metals, cryptocurrencies via MT4 platform.
- High maximum leverage offered (up to 1:400).
Cons
- No regulatory authorization found across major financial authorities, flagged by the Spanish CNMV for unlicensed activity.
- Absence of transparency: no details on account types, spreads, commissions, deposit/withdrawal terms, base currencies, Islamic accounts, or trading policy restrictions.
- Multiple credible reports of withdrawal failures, account freezes, and coerced payments from clients.













