Addressing those who try and fake our verification

Jun 2, 2015   //   by Profitly   //   Announcements, Profitly  //  Comments Off on Addressing those who try and fake our verification

Sensationalizing

It has come to our attention that a certain website “claims” to have verified $650,000,000 in trades by gaming our system.

The Sham-Wow Lies

This is utterly false and a disgusting attempt at click baiting. Furthermore, they refuse to post our rebuttal on their website and have maliciously filtered our comments.

This particular trader did not use our Broker Connect feature to verify ANY trades whatsoever. They simple used our manual trade entry system. There was NO verification nor and trades uploaded. You can enter any trades you want yourself, follow this link: http://profit.ly/entry/form. If you want to VERIFY a trade, provide your brokerage information here: https://profit.ly/bc. You can read our FAQ for the security behind this process.

Demo Accounts

We have never allowed demo accounts to be verified with our process. In fact, for most of the verification we use the data from the brokerage’s clearing firm. For any user to use our manually entry system, they wouldn’t even need a brokerage account. You could track your Pokemon trades if you wanted to!

Real, Verified Trades

Once you verify a trade, it will show up with a special icon that shows it has been directly imported from a brokerage. These are the two most common icons, verified and image.

icons

Our Friends

Profitly is a community of traders. We started this site to bring transparency to Twitter. We offer traders a place to verify the many, many claims that were prolific and seemingly all winners. We added features to allow up and down voting trades for the community to help filter out those Madoff-like trades. We have done this from day one for free. Anyone can open a Profitly account and verify their trades for FREE forever. We have never charged for this service.

Newsletters

This fake trading site also makes claims about our newsletters. We offer trading education for those who wish to learn. They falsely state that the lifecycle of a member is 60 days. We find this laughable and outrageous. Our co-founder, Timothy Sykes, has several verified millionaire students who have been vetted and appeared on Fox and CNN. They aren’t hiding behind a web address slinging mud like the fake blog post we are refuting.

This fake blogger also quotes a “Young Jeezy” and falsifies other lies. If this person actually exists, which we suspect not, we would like to see them come forward. Otherwise, they are just another scammer that Profitly is trying to put an end to.