Stock exchanges can be intimidating. 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
What is Profit.ly? Timothy Sykes Broker
Profit.ly is an online platform that connects you with financial experts who can teach you all about the stock exchange. They offer sessions that will help you get the most from your investments and ensure they are beneficial for you long-term.
They are able to teach you their strategies and share their experiences that they have accumulated over the years to equip you with what you need to know and encounter. 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.
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 ensures transparency by verifying trades to see whether these are honest or not, so you can guarantee you are getting your money’s worth when hopping into the program.
Subscription/Plans
Profiy.ly requires a monthly subscription. 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 view the stats and trades for other users, as well as interact by commenting. Participation in the leaderboard challenges is also possible.
This plan has some limitations. One of them is the limited capacity of participating in the online community. Another limitation is the inability to make your profile anonymous, so that your activities are visible to the entire online community. Timothy Sykes Broker
Cost per month: $20.95
Trader
The next plan includes all of the benefits that were offered in the previous plan.
The one exception is being unable to view other trader’s stats. The tradeoff to this however is that you are now able to create a private profile.
This option is for you if you value privacy online and don’t want others to see your trade statistics.
Cost per month: $49.95
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Pro
This plan is the most expensive and last of the three. However, it offers all the benefits and features.
You can now view the stats and create a private profile.
Cost per month; $74.95
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.
After you sign up, you’ll be able to access the following features:
- Importing Trade
- View your account statistics
- Check out your ranking
- Access to community posts
You can see that the free account features are limited. To fully use the program, it is recommended that you upgrade at least to a novice plan.
Even with this limitation, this is definitely still a valid option, especially if you are just starting out with the stock exchange.
| Novice | Trader | Pro | |
| Verify trades | x | x | x |
| Tracks profit | x | x | x |
| Comment on trades | x | x | x |
| Join the 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
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. These gurus can be trusted based on Profit.ly trade verification. You can see if their trades also prove their legitimacy.
There are many gurus you can subscribe too, but Tim Sykes and Paul Scolardi are the most important.
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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The premium option of his package plan is Pennystock silver, which runs about $149.95. You’ll be able enjoy TIm’s Alerts as well as video lessons from him.
His own reputation is more than enough to prove his legitimacy. His students began taking his lessons and have since made $16 million.
Superman
Paul Scolardi stats say that his trades yield about +3.7 million in profit. Scolardi’s selling point is his ability to spot the potential in a stock and make a decision about which stock to buy. He is quick to spot a stock’s potential and makes it his business.
His first package is the Superman alerts. By paying $149.95 per month, you will be given access to chatrooms, premarket stock watchlist.
Superman Pro, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes
- Videos
- Premium search reports
- Earnings tracker
- 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. You get the following:
- Chat rooms Triforce
- 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. The cost for this package is a monthly payment of $197.
All 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.
If there is one point of criticism in this website, it is most definitely the price tag. It can be daunting to pay a high monthly fee for any package. Not to mention that when it comes to the stock exchange, there is also the factor of chance. Whether or not your progress is deemed successful is not guaranteed. Timothy Sykes Broker
It may not be right for everyone. Those who choose who participate in it are/should be aware of how difficult it can be.
To those who choose to partake in it, the website can assure you that you are getting your money’s worth. Its reputation is based on the positive track record of its gurus and the transparency system.
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. Learn from the best and create those figures today.
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Frequently Asked Questions
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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. This is the right activity for you if you have an appreciation for the niche and want to make a name for your self or simply enjoy it.
Which plan is best 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. 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.