This ProfitLevel review outlines the broker’s regulatory position, trading platform, asset classes, and account structure. ProfitLevel is a European CFD broker targeting retail traders with forex and index exposure via the MetaTrader 5 platform. It operates under CySEC regulation and aligns with the EU’s MiFID II framework.

Regulation and Safety

ProfitLevel is operated by BCM Begin Capital Markets CY Ltd, a Cyprus Investment Firm (CIF) regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 274/15. As an EU-regulated broker, ProfitLevel complies with MiFID II, ensuring:

• Segregated client accounts
• Negative balance protection
• Participation in the Investor Compensation Fund (ICF) up to €20,000
• Standardised risk disclosures and client classification

Execution Model and Trading Platforms

ProfitLevel uses a Straight-Through Processing (STP) execution model with no dealing desk. It routes trades directly to liquidity providers without internal conflict of interest. Supported platform:

• MetaTrader 5 (MT5) – available on desktop, web, and mobile

The platform supports algorithmic trading, hedging, advanced charting, and built-in economic news. FIX API and third-party tools are not publicly supported.

Markets and Instruments

ProfitLevel offers CFD trading across four primary asset classes:

• Forex – 50+ major, minor, and exotic currency pairs
• Indices – DAX, S&P 500, FTSE 100, and other global indices
• Commodities – Gold, silver, oil
• Shares – US, EU, and UK stock CFDs

All instruments are derivatives; there is no physical asset ownership or delivery. Cryptocurrency CFDs are not listed among available markets.

Accounts, Spreads and Leverage

ProfitLevel offers a single retail account structure with access to all instruments. Key conditions include:

• Spreads: variable, starting from 1.2 pips on EUR/USD
• Leverage: up to 1:30 for retail, up to 1:100 for professional clients
• Commission: spreads only, no additional trading fees
• Minimum deposit: €250
• Stop-out level: 50%

Swap-free (Islamic) accounts are not publicly listed. Professional clients may apply for higher leverage subject to qualification.

Funding and Base Currencies

Accepted base currencies include EUR and USD. Supported deposit and withdrawal methods:

• Bank wire transfer
• Credit/Debit cards

Deposits are typically processed within 1 business day. Withdrawals are processed within 2–5 business days. No internal fees are charged for deposits; withdrawal fees may apply based on provider.

Client Protections and Features

ProfitLevel offers the following investor protection mechanisms under CySEC regulation:

• Investor Compensation Fund (ICF) coverage up to €20,000
• Segregated funds in EU-authorised banks
• Negative balance protection
• Secure login protocols and client data encryption
• Complaints and dispute handling under CySEC oversight

Institutional and Retail Offering

ProfitLevel is retail-focused and does not advertise institutional features such as FIX API, white-label services, or liquidity provisioning. It supports:

• Retail trading on MT5 with EU-compliant risk management
• Access to professional account status upon request

No copy trading, PAMM/MAM, or social features are included. Trading conditions are geared toward active retail users.

Pros

• CySEC-regulated under MiFID II
• MetaTrader 5 platform with STP execution
• Broad selection of CFDs across forex, stocks, and indices
• Negative balance protection and ICF coverage
• No commission trading model

Cons

• No support for cryptocurrency CFDs
• Limited funding methods (no e-wallets or crypto)
• No MT4, FIX API, or institutional access
• Islamic accounts not clearly available

Frequently Asked Questions

Is ProfitLevel a regulated broker?

Yes, ProfitLevel is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 274/15.

What platform does ProfitLevel use?

ProfitLevel uses MetaTrader 5 (MT5), available for web, desktop, and mobile devices.

What is the minimum deposit required?

The minimum deposit at ProfitLevel is €250 or equivalent in supported base currencies.

Can I trade crypto with ProfitLevel?

No, ProfitLevel does not currently offer cryptocurrency CFDs.

Does ProfitLevel offer Islamic accounts?

No public mention of swap-free Islamic accounts is available. Clients should contact support for clarification.