ProfitLevel Review 2022 – Suspicious Cypriot Broker

ProfitLevel is a company owned by BCM Begin Capital Markets CY Ltd, based in Cyprus. Besides this brand, the company has another two brands – CapitalPanda and Begin Capital Markets. Since the other two brands are a scam, we do not see a reason to trust Profit Level as well. For more details on BCM Begin Capital Markets, you can read our CapitalPanda review.

Let’s check what’s the catch with Profit Level.

ProfitLevel Regulation and Security

BCM Begin Capital Markets CY Ltd is a company based in Cyprus and regulated by CySEC. According to our review, the company was established in 2015 under the name OX Capital Markets Limited. Whenever the company changes its name, it’s obvious why. Something was wrong with the OX Capital Markets broker. As mentioned previously, the company owns two other scam brands.

When it comes to the funds’ security, there is an extensive list of EU banks where the funds are allegedly held. We can only hope.

Scammed by ProfitLevel?

If you were misled or scammed by a ProfitLevel broker, you need to know you are not the only one. This scam broker is operating for a long time and has many victims. A good thing, there is a possibility to get the money back. All you need to do is file a dispute and request a chargeback. Do not let the scam broker go away for free! Contact our support now, and let’s get your money back!