The stock exchange world can be an intimidating one to cross. The idea of earning in this manner can get confusing. It can lead to questions popping up such as ‘How do I start?’ or ‘Which investment should I choose?’ You can look at advice online, but can these sources be factual or trustworthy?
Have no fear, for this Profit.ly could be the thing you are looking for.
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? Profitly Shut Down
Profit.ly is an online platform that connects you with financial experts who can teach you all about the stock exchange. It offers sessions with them designed to make sure you make the most out of your investments and decisions and make them benefit you in the long run.
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.
You can also view the leaderboard to see which trades have been most highly rated during that time period. The cool part is that you yourself can participate in.
The platform was founded by Tim Sykes and Michael Mosseri.
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. You are required to pay monthly in order to continue using the program. There are three subscription options available: Pro, Trader, and Nuve.
Novice
This is the lowest level 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. Profitly Shut Down
Cost per month: $20.95
Trader
The next plan offers all the benefits found in the previous one.
Only one exception is the inability to see other traders’ stats. This is however a tradeoff. You can now create a private account.
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.
Now you are able to view the stats of other traders as well as create a private profile.
Cost per month; $74.95
Get a Free Account
Now you might be asking, is there 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 your 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 |
| Tracks profit | x | x | x |
| Comment on trades | x | x | x |
| Get on leaderboards | x | x | x |
| Lead and follow 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 |
Subscribe to Gurus
Once you have subscribed, you are now able to make an account and connect with aforementioned 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 that you can subscribe to, but three that are worth noting are Tim Sykes, Paul Scolardi and Matthew.
Tim Sykes
The first that you will encounter is the founder himself, Tim Sykes. Once you see his figures, you’ll be astonished to find out that they set comfortably around +$4.7million.
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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Pennystock silver is the premium option in his package plan, which costs about $149.95. You will be able to enjoy the benefits of TIm’s Alerts and also video lessons from him.
To prove the legitimacy of his package, his own reputation is not only something to be amazed. 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 makes it a point to pick up on a stock’s potential before anyone else.
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, like with Tim Sykes’ Pennystock, gives you all the benefits of the previous package but also includes
- Videos
- Premium search reports
- Track earnings
- IPO tracker
Triforce
The last guru to mention is Michael or Triforce. Just like the other two, Triforce also has a great record to boost his reputation.
The first package, Triforce Trader, costs $99.95 per month. You get the following:
- Triforce chatrooms
- Daily market commentary
- Stock trades
- Future trades
- Macro plays
Triforce Premium offers the benefits of Trader as well as investor indicators and active trader indicators. This package costs $197 per month.
All Thoughts
Profit.ly should not be viewed as a quick way to get rich. 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. It can be daunting to pay a high monthly fee for any package. There is always the possibility of something happening. Whether or not your progress is deemed successful is not guaranteed. Profitly Shut Down
Trading may not be for everyone. It can be difficult for those who decide to participate.
To those who choose to partake in it, the website can assure you that you are getting your 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.
Looking to get into the stock trade, then Profit.ly is a great way to build your confidence in buying stock and having a great payoff. Profit.ly is a great way to learn from the pros and get those numbers today.
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Frequently Asked Questions
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Is this legit?
Despite all the above, there are still doubts. However, Profiy.ly can assure you that this service is legit and credible.
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. The activity can be a bit of a 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?
With the three options, if will depend on what you are looking for and what your goal is.
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. As for the trader, you won’t be able to view the stats of others.
If you feel the need to have both, then premium offers all the benefits present.