The stock exchange world can be an intimidating one to cross. The idea of earning in this manner can get confusing. This can lead to confusion.
Don’t worry, Profit.ly might be what you need.
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
What is Profit.ly? Best Brokerage Profitly
Profit.ly is a platform dedicated to connecting with financial gurus who are able to teach you the ins and outs of the stock exchange world. They offer sessions that will help you get the most from your investments and ensure they are beneficial for you long-term.
You can learn from them their strategies and their experience over the years. This will equip you with all you need to be successful. You will also be able to interact and connect with other participants.
It also offers a leaderboard mechanic where you get to see who has makes the highest rated trade during that period. You can also participate.
Michael Mosseri and Tim Sykes founded the platform.
Tim’s vision was to help novice and new investors gain more insight, and avoid the same mistakes he made in his early years of investing. Michael is the co-founder responsible for building the program.
This program will provide you with information about the legitimacy of the gurus you’ll see. Profit.ly guarantees transparency by checking trades to verify that they are legitimate. This allows you to be sure you’re getting the best value for your money when you sign up for the program.
Subscription/Plans
Profiy.ly is a subscription-based program. To continue using the program, you will need to pay monthly. You have the option to choose three subscription plans (Novice, Trader and Pro).
Novice
This is the lowest membership plan. You will be able to participate in the online community and access a bunch of features.
You can check the stats and trades of other users as well as interact with them like commenting. You are also given the opportunity of participating in the leaderboard challenges.
There are a few limitations that are present in this plan. One limitation is your ability to participate in the online community. Another notable limitation is that you are unable to make your profile private, making your activity visible to the online community. Best Brokerage Profitly
Cost per month: $20.95
Trader
The next plan includes all of the benefits that were offered in the previous plan.
Only one exception is the inability to see other traders’ stats. The tradeoff to this however is that you are now able to create a private profile.
If you are someone who values online privacy or do not wish for others to see your trade stats, then this option can very well be beneficial for you.
Cost per month: $49.95
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Pro
With this being the last and most expensive plan out of the three, this plan has all the features and benefits.
You can now view the stats and create a private profile.
Cost per month; $74.95
Free Account?
You might now be wondering if there is a free plan. Well you are in luck for there is an option to just use the account for free.
Once you signed up, you will be given the features present in the program including:
- Importing Trade
- View account statistics
- Check out your ranking
- Access to community posts
As you can see, the features of a free account are limiting. To fully use the program, it is recommended that you upgrade at least to a novice plan.
This is a viable option even with the limitations, especially for those who are just getting started with stock exchanges.
| Novice | Trader | Pro | |
| Verify trades | x | x | x |
| Profits from tracks | x | x | x |
| Comment on trades | x | x | x |
| Get on leaderboards | x | x | x |
| Follow and lead traders | x | x | x |
| Message other traders | x | x | x |
| Sort and filter traders | x | x | x |
| Analyze your personal trades | x | x | x |
| View others’ stats | x | x | |
| Private profile | x | x |
Subscribing to Gurus
After you have signed up, you can create an account and connect to the gurus. You will need to pay a fee to access the chat rooms of gurus. Not to worry, as these gurus are credible based on Profit.ly’s trade verification so you are able to see whether their trades further prove their legitimacy.
There are many gurus you can subscribe too, but Tim Sykes and Paul Scolardi are the most important.
Tim Sykes
Tim Sykes, the founder of this company, is the first person you’ll meet. You’ll be amazed to see the figures and realize that they are comfortably at +$4.7 million.
The first tier in his package plan is “Tim Alerts.” By paying $74.95, you will be given access to chatrooms and 5 to 10 stock watchlist that happen daily.
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The premium option of his package plan is Pennystock silver, which runs about $149.95. You will be able to enjoy the benefits of TIm’s Alerts and also video lessons from him.
His own reputation is more than enough to prove his legitimacy. Once his students started taking in his lessons, they have made a total $16 million altogether.
Superman
Paul Scolardi stats say that his trades yield about +3.7 million in profit. His selling point is his intuition when it comes to which stock to purchase. He is quick to spot a stock’s potential and makes it his business.
Superman Alerts is his first package. You will have access to chat rooms, stock watchlist, and premarket stocks by paying $149.95 per monthly
Superman Pro, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes
- Videos
- Premium search reports
- Track earnings
- IPO tracker
Triforce
The last guru to mention is Michael or Triforce. Triforce, like the others, has a strong record that can help boost his reputation.
The first package, Triforce Trader, costs $99.95 per month. With it, you are granted:
- Chat rooms Triforce
- Daily market commentary
- Stock trades
- Future trades
- Macro plays
Triforce Premium includes the benefit of both investor indicators and active traders indicators. The cost for this package is a monthly payment of $197.
Overall Thoughts
The best mindset to go about Profit.ly is to not view it as an easy get rich in a short amount of time shortcut. This is a website that shows you the world of stock exchange, teaches you the basics as well as useful techniques handed down by credible masters that can benefit you in your own trades.
The price tag is the only thing that is a problem with this website. Having to spend a very high price for any of the packages, and monthly at that, can be intimidating. There is always the possibility of something happening. Whether or not your progress is deemed successful is not guaranteed. Best Brokerage Profitly
It may not be right for everyone. It can be difficult for those who decide to participate.
The website will assure those who decide to take part that they are getting their money’s worth. The positive track record of the gurus, as well as the transparency system make its reputation that of a positive and credible one.
Profit.ly is a great tool to help you get started in stock trading. It will give you confidence to buy stock and offer a high return. Profit.ly is a great way to learn from the pros and get those numbers today.
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Most Frequently Asked Questions
Best Brokerage Profitly
Is this real?
Despite all the above, there are still doubts. Profiy.ly can however assure you that the service is legitimate and reliable.
Transparency is key to ensuring that only legitimate traders and gurus are represented. You will be able to assess their reputation since you can see their stats, which helps in your decision of which guru can you learn from the most.
Who is this for?
Stock trading can be described as a niche community that is not well-known to the general population. It can be quite niche. If you are someone who has an appreciation for this niche and wish to either make a name for yourself or just enjoy doing it, then this is definitely for you.
Which plan is good for me?
The three options available will vary depending on your goals and what you are looking to achieve.
Premium is the best option if you want to get the most out the website and maximize your stock trading experience. You may be frustrated that novices cannot create a profile. You won’t have access to the stats of trader.
If you feel the need to have both, then premium offers all the benefits present.