Up4Profit Review

About Up4Profit

Up4Profit claims to operate under the name PROFITS PTY LTD. and presents an Australian Company Number (ACN) “068068904”, suggesting registration in Australia; however, this number is not an Australian Financial Services (AFS) licence, and ASIC does not list Up4Profit or PROFITS PTY LTD. as a regulated entity authorised to offer financial services (). No record of regulation by FCA, CySEC, NFA, or other credible financial regulators is present ().

Up4Profit offers multiple account tiers—Starter, Premium, Premium Plus, Business, Luxury, and Black Pearl—with minimum deposits ranging from €250 to €100 000, and advertised leverage from 1:20 up to 1:500. Trading is conducted exclusively via a proprietary WebTrader platform. Withdrawal terms include a 10% fee on withdrawals unless a 200× trading turnover is met, plus fees of USD 5 for wire transfers and USD 35 for credit cards; minimum withdrawal sums are USD 250 (bank) or USD 100 (other methods) ().

Up4Profit is classified as operating a scam or unregulated service by multiple independent review platforms. It is identified as high-risk and not trustworthy, with warnings citing misleading regulatory claims and unsafe investment practices ().

Who it’s for

• Not applicable: available data does not support identifying a responsible or protected investor audience.

Pros and cons

Pros

• No verifiable advantages found in available information.

Cons

• No legitimate regulatory oversight or licence from ASIC (financial services), FCA, CySEC, or equivalent bodies ().
• Regulation number displayed is only an ACN, not an AFS licence ().
• Restricted to a proprietary WebTrader platform; no access to industry-standard platforms like MT4/MT5 ().
• High withdrawal fees and restrictive conditions (e.g., turnover requirements, minimum amounts) ().
• Flagged by multiple independent sources as high-risk or scam-like ().