Profitly Review – Legit Or Scam?

Profitly ReviewHas someone approached you lately about joining Profitly?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Profitly.

I simply wanted to gather all the details here for you in my Profitly Review so you can make an informed decision.

Is Profitly truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Profitly.

Let’s get going!

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What The Heck Is Profitly?

In today’s review, we’re taking a look at a company by the name of Profitly.

Profitly is an MLM entity that’s focused on helping traders and investors “earn maximum profits” and claims to work with around 150,000 of them.

Upon visiting the Profitly website for the first time, you’re presented with a pop-up that says —

“The content on this website is for informational and educational purposes only and is not and should not be construed as professional financial, investment, tax, or legal advice.”

After warning users of the risks involved with trading, it goes on to say —

“The past performance of any trading system, methodology, or particular trader is not indicative of future results.”

Profitly was created by Timothy Sykes and Michael Mosseri, with Timothy being the one that originally came up with the idea for Profitly based on his past experiences as a trader himself.

It’s said that Timothy struggled to be a trader on his own and decided to use his experience to create the Profitly system to help other people that fell into his shoes. On the other hand, Profitly claims that Michael is a trading expert and helped build Profitly with Timothy from scratch.

More than 30 brokers are registered with Profitly, and the company’s website says the following —

“Interact and learn with the best traders online who actually show ALL their trades, winners AND losers, to help you take your trading and education to the next level.”

Profitly Scam

What Can You Tell Me About The Profitly Products?

The main thing that Profitly is selling is access to its trading platform. There aren’t any physical goods or services to choose from, as these have been thrown out in favor of the educational system that’s been created.

Profitly has two main plans to choose from, the first of which are the Standard Plans.

Standard Plans focus more heavily on penny stocks/small-cap ones, meaning that you’re involved with pretty short-term investments.

There are three tiers of the Standard Plans you can work through, and as you unlock more of these tiers, you’ll gain access to more and more features to increase your earning potential.

What Can You Tell Me About The Profitly Compensation Plan?

As you use the Profitly system and learn more about trading, you’ll (at least in theory) earn more money.

Along with the Standard Plans that help track your progress throughout Profitly, the company has a few different packages you can purchase to increase your earning potential.

There are four of these to choose from, including the Novice, Trader, Pro, and Guru Packages.

Here’s a quick breakdown of what each one comes with:

  • Novice Package — Pay $29.95/month to track your profits, view the leaderboards, verify any trades you make, leave comments on other people’s trades, follow updates from your favorite traders, filter out trades, and more.
  • Trader Package — Pay $49.95/month for all of the perks that come with the Novice Package as well as complete exclusivity to your profile so that your info is private and secure.
  • Pro Package — Pay $74.95/month (or save 22% if you pay for a year upfront) to get all of the perks included with the Novice and Trader Packages. For all intents and purposes, this is Profitly’s most premium plan you can sign up for.
  • Guru Package — No pricing details are provided on the Guru Package at this time.

If you want to keep spending money, Profitly has a host of other plans that cost as much as $247 each and every month that comes with all sorts of other educational materials and features for the Profitly system.

Are There Membership Fees For Profitly?

Although you can technically create a Profitly account for free, there are a ton of packages and plans you can sign up for that start going up in price rather quickly.

Is Profitly A Scam?

If you’ve come across a review that says Profitly is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Profitly? Is it really a scam, or is it legit?

I would say no. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Profitly?

Should you join Profitly?

This is not a company where you’ll get rich quick, but it does have potential to offer good information over time.

Some people may like what Profitly’s offering, and if you think it’ll be a good fit, it may be worth checking out.

Then again, with so much of this information offered on other sites for free, it’s hard to justify some of Profitly’s outrageously expensive plans.

Your time and money will likely be spent better with other opportunities, so maybe shop around a bit before sinking your funds into this one.

I hope that you are able to use my research in my Profitly Review to make a decision.

If you do decide to become an affiliate with Profitly, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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