What is NorthProfit Inc?
NorthProfit Inc is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2021. It offers leverage up to 1:200, spreads from 0.1 pips and a minimum deposit of $250. Clients trade on NorthTrader and on mobile.
NorthProfit Inc is an online trading broker that Forex, Indices, Metals, and Stocks. This broker is based on its own trading platform named NorthTrader. This broker supports seven different languages so that people from different languages can understand more what NorthProfit Inc offers the traders and also their terms&conditions along with policies. NorthProfit Inc is an International online broker that can trade with any strategy.
NorthProfit Inc is serving its clients with four live or real trading accounts and one demo trading account. These four live trading accounts will be discussed here. These four accounts are named Standard account, Golden account, Platinum account, and VIP account. All these four accounts are available on NorthTrader. The maximum leverage on all of these accounts is 1:200. The minimum order volume on all of these accounts is 0.01 lots. All the variables of these four accounts are discussed:-
- The Standard Account:- This account starts with a $250 minimum deposit. The stop-out level in this account is 15%. The maximum number of open orders is 100.
- The Golden Account:- This account requires a $2,000 minimum deposit to start. The stop-out level on this account is 30%. The maximum number of open orders is 200.
- The Platinum Account:- This account starts with a $7,000 minimum deposit. The stop-out level in this account is 50%. The maximum number of open orders is 350.
- The VIP Account:- This account starts with a $15000 minimum deposit. The stop-out level in this account is 100%. The maximum number of open orders is 500.
Is NorthProfit Inc safe and regulated?
NorthProfit Inc is regulated by NorthProfit Inc has no regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
NorthProfit Inc account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
NorthProfit Inc provides NorthTrader, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:200 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
NorthProfit Inc supports 4 funding methods, including Visa, MasterCard, Maestro, and WireTransfer. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
NorthProfit Inc bonus: <p>This broker is providing 10%- 30% welcome bonus in different accounts</p>
How the promotion works
The current NorthProfit Inc promotion is <p>This broker is providing 10%- 30% welcome bonus in different accounts</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the NorthProfit Inc website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
NorthProfit Inc pros and cons
Pros
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $250 minimum deposit is higher than some rivals
- NorthTrader only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open a NorthProfit Inc account
- RegisterVisit the NorthProfit Inc website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Visa, MasterCard, Maestro or another method.
- Start tradingLog in to NorthTrader or the mobile app and set your risk per trade.
Is NorthProfit Inc a good broker? Our verdict
NorthProfit Inc suits active traders who want raw spreads, freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.