Profitrade
- Company typePrivate
- Founded-
- HeadquartersDubai, United Arab Emirates
- Headcount—
- GTM typeB2C
- OfferingSoftware
Profitrade firmographics
Firmographics- Name
- Profitrade
- Website
- https://profitradefunding.com
- Company type
- Private
- Ownership category
- akta.pro rank
Profitrade industry classification
Industry- Product category
- Funded Trading Platform
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)
- akta.pro secondary industry
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
Keywords
Where Profitrade is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Markets served
Profitrade business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations
Profitrade product offering
Product offeringCore offering
Profitrade is a fintech platform that provides trading and funding solutions. It enables traders to access funding through its digital platform hosted at profitradefunding.com, operating within the proprietary / funded trading segment of the retail trading market.
Differentiator
Problem solved
Functional benefit
Companies that use Profitrade
Customer profileIdeal customer profiles1 record
Profitrade technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Profitrade competitors and assessment
Company assessmentDirect peers
- FTMO: FTMO is the largest proprietary trading funding firm, offering funded trader evaluations and capital allocation to retail traders globally. It is the most directly comparable peer to Profitrade in business model, target customer, and product offering.
- MyFundedFX: MyFundedFX is a prop trading firm offering funded trader programs with a focus on forex and CFD markets. It competes in the same evaluation-to-funded pipeline as Profitrade and serves a similar retail trader demographic.
- True Forex Funds: True Forex Funds offers funded forex trading accounts to retail traders through evaluation programs. It is comparable to Profitrade in offering trader funding with evaluation mechanics and payout splits.
- The5ers: The5ers provides funded trading accounts and scaling programs to retail traders, with both instant funding and evaluation tracks. It overlaps directly with Profitrade in funding traders and serving an online, global retail audience.
- Funded Trading Plus: Funded Trading Plus is a UK-based prop trading firm offering evaluation-based funded accounts and payouts to retail traders. It is comparable to Profitrade as a direct competitor in the funded-trader evaluation model.
Broad incumbents
- OANDA: OANDA is a global retail FX and CFD broker serving active retail traders. While it does not run a funded-trader program, it competes for the same active-trader audience and provides a useful comparison on FX execution and pricing.
- eToro: eToro is a global multi-asset brokerage and social trading platform serving retail traders. It addresses the same retail-trader audience as Profitrade with a broader product set, including copy trading and crypto.
- Interactive Brokers: Interactive Brokers is a large, multi-asset brokerage serving active traders globally. While it does not operate a funded-trader program, it overlaps with Profitrade's customer base of self-directed traders and could serve as a downstream venue or comparison point.
Market position
Customer concentration
Profitrade social profiles
Digital presenceProfitrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Profitrade leadership team
Management profileNumber of profiles
Profitrade funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Profitrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Profitrade
What does Profitrade do?
Profitrade is a fintech platform that provides trading and funding solutions. It enables traders to access funding through its digital platform hosted at profitradefunding.com, operating within the proprietary / funded trading segment of the retail trading market.
When was Profitrade founded?
Profitrade was founded in -1.
Where is Profitrade based?
Profitrade is headquartered in Dubai, United Arab Emirates, in the Middle East region.
Who are Profitrade's main competitors?
Direct peers on record are FTMO, MyFundedFX, True Forex Funds, The5ers and Funded Trading Plus. Broad incumbents are OANDA, eToro and Interactive Brokers.
Does Profitrade have an API?
No public API is recorded for Profitrade.
What industry is Profitrade in?
Profitrade's product category is Funded Trading Platform. Its primary akta.pro industry code is FSAAAAAI, Execution-Only / Self-Directed Investing Platforms, with a secondary code of FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments. Its NAICS code is 5231 and its SIC code is 6199.