NorthProfit Journal (Broker out of business)
| Journal status: closed NorthProfit out of business |
NorthProfit Profile
Website
northprofit.cc
Year
2021
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Afghanistan, France, Iran, Japan, Syria, UAE, US, Ukraine
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
NorthProfit Accounts
MM
Minimum Deposit
250 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.1 pips
Commission
0 $/lotRT
Volume
100 lots
Margin Call
100 %
Stop Out
15 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Piatrix
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
after ... months
| Update broker |
- Full listing profile: NorthProfit broker profile
Is NorthProfit safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is NorthProfit trusted?
- Information transparency: high
★★★★★ - Customer service: virtually non-existent
★ - NorthProfit website: semi-detailed, updated
★★★ - NorthProfit popularity (by visitor count): least visited
★
How NorthProfit works
Market orientation and tight spreads on some accounts from 0.1 pips, and an average spread for EURUSD is 0.4 pips.
https://northprofit.cc/about-2
9.3. In relation to any Transaction entered into pursuant to the Agreement the
Company may act, according to the Company’s sole discretion, as principal or as
agent on the Client’s behalf. Therefore, the Company may act as the counter
party to the Clients Trading activity.
https://northprofit.cc/Terms_Conditions.pdf
- In accordance with the Company’s rules, the quotes might differ from the market ones due to
intermediation between the market and the liquidity provider. The intermediary party might change the
quotes at own discretion. The company works with different liquidity providers and it might lead to a
discrepancy between the open price and the market price.
https://northprofit.cc/Trading_Policy.pdf
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