Profitly is a popular online platform that offers a range of tools and resources for traders and investors looking to improve their performance in the stock market. With its diverse community of traders and real-time data tracking, Profitly has helped thousands of users improve their profitability and make informed trading decisions.
In this guide, we’ll provide an in-depth review of Profitly, exploring its key features, pricing options, and user experience. We’ll also examine the pros and cons of the platform and compare it to other popular stock trading platforms on the market. Whether you’re a beginner looking to learn more about trading or an experienced investor seeking new tools to improve your performance, this review of Profitly will help you make an informed decision about whether it’s the right platform for you.
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.
Total Rating: 4.1/5 Profitly Review
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed responsible, transparent, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for those new to trading as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Think of it as the social media equivalent the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as is humanly possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes said that Profit.ly was based “on the transparency of all trades, something that was never previously done.” The idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts as well as newsletter authors and students as well as) making it possible for anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Profitly Review
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed towards achieving success. It is possible to create an account there for free, but you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Making an account easy: create a profile with your experiences and expertise, connect your brokerage account, and you have yourself the chance to climb your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of how the community of traders performs and its gurus. It’s not just a way to demonstrate your worth to a community of traders, as you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, verified or not, by taking photographs. Also included in Profit.ly are a variety of trading courses, the ability to view stats in a trader’s profile as well as other ways to interact with your experts via chatrooms as well as email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because they can access capital from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trader. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to create trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have earned substantial profits from their collective years of knowledge. Profitly Review
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices; text, e-mail, and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. It costs $149.95 for a month it is a great option for those who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features that were included in earlier plans which includes swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Profitly Review
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. In addition you’ll also gain the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your fingers on what we call a competitive process by itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You aren’t able to create a personal account, making your actions public. If you’re interested in get access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. In this plan, that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for those looking forward to this tier. Profitly Review
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, which includes an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all options of the prior plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few other services they offer. One of them is the online store, where customers can choose from a wide array of video products that are designed to educate and help you understand the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and footage from events like the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room as you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a area where experts and members can interact and learn in real time. Every guru has their own way in operating their chat room and dealing with the members. One of them may be a laid-back person who is less engaged, while another could be more online and communicative to their pupils. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips by its internal gurus and members. They’ll also be able to choose from the items in its online store to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that trading is a high-stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited to the newcomers. While the newbies may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the risky mix that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. Profitly Review
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the number of services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have an open mind. Profitly Review
What we are referring to”yes” is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s range of resources helpful in their efforts to reduce losses and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you really care about being more successful in trading and would like to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Review
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades in the “My Trade section of the dashboard that lets you post your trades, either verified or not. There are three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is indicated with the small blue check. If you upload it manually or through images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.
