Dowmarkets Review: Dowmarkets.com a Messy Scheme
Dowmarkets is an offshore company that claims to offer Forex trading services. The platform is unregulated; that being said, trading with them would be an unwise decision as you are at a higher risk of losing your funds.
However, despite the market being flooded with many scammers, there are better Forex trading services in the market.
Dowmarkets is a platform that has numerous loopholes. Unfortunately, they have a good catch, and innumerable traders might fall right into their trap. Avoid sharing any of your personal information with this fraudster company.
Dowmarkets.com Review
Dowmarkets offer digital currency and Forex trading brokerage services. They provide financial tools ranging from Crypto, currency pairs, indices, and commodities.
In their site, they showcase the top 5 latest best trades; this information is to make you believe their shady business is operating just fine. However, you should not rely on the information they have put up as it is false.
They claim that the company is secure and safe for every trader. Nonetheless, Dowmarkets.com does not disclose the bank they store investors funds; there is no transparency in how they run things.
The shady company claims that they offer a training program to every individual that invests in their site. Additionally, they will have access to numerous webinars.
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The platform brags of having fast withdrawal processes. Dowmarkets.com states their site is the easiest in the industry to earn money.
They welcome all forms of traders to try their services and products. You can start trading digital assets from as low as $250 in just a couple of minutes.
They accept funds via Bitcoin, Visa, Qiwi, MasterCard, Web Money, and Maestro. The investment company claims that they use modern trading instruments to facilitate their investors' trading.
The platform was allegedly founded by Prometheus Ltd, an international financial holding company. They believe that the volatility nature of assets is a perfect time for investors to make decent earnings and reap profits.
However, you should keep off Dowmarkets as it is not a reliable site. Regardless, the pyramid scheme brags of being a user-friendly website suitable for both experts and newbies.
They assure those who will fall into their scheme that they do not have any hidden charges, additional fees, or commission. Moreover, the shady company state that the deposit and withdrawal process is very straightforward.
Licensing and Customer Support
Dowmarkets claims they are a regulated company by IFMRRC. Their certificate is TSRF RU 0395AA V0149. However, the information is misleading as this platform is operating illegally.
The platform is an offshore company and can exit the market any time they please without the law tracing them down. Additionally, to make matter even worst the owner, and a team of this site is operating anonymously.
Trade with investment platforms that have licensing documents. Your money will be safer, and they will handle you professionally.
The company brags that they have a professional team that works tirelessly around the clock to cater to the investors.
You can reach the customer care of Dowmarkets.com via their email address; support-en@dowmarkets.com, or via their telephone number +43720883293, or on skype at Support.en@dowmarkets.com.
Dowmarkets Investment Plan and Returns
Dowmarkets has 5 investment plans for their clients. They have the start, Silver, Gold, Platinum, and VIP.
When you choose the start account, you will receive a welcome bonus. You will have beginners' webinar access. You can deposit an amount of $250.
The least amount of money you can deposit in the Silver plan is $3,000. You get a return of 40% and the assistance of an account manager to activate your account. Traders will enjoy the MT4 platform, commodity, and digital currency trading.
You can deposit $10,000 in the Gold plan and get a 60% bonus; the pyramid scheme promise users advance training and trading with analysts. You will also receive both MT4 and Web platforms.
The platinum plan offers users a 75% return after they deposit $50,000. The amount is too high, and if you make the mistake of trusting them with it, you will lose it all. In this account, they claim that they will increase the withdrawal speed. You will also get VIP trading and training opportunities.
The VIP account comes in the full package; it offers a lot of goodies. Dowmarkets pyramid scheme assures its victims that they will receive a 100% bonus; the amount that they accept is $100,000. The plan is very luring and tempting; you might find yourself falling for their words.
Their plans are a rip-off considering the cheapest accounts do not come along with basic features. Moreover, keep in mind that these are only baseless claims, and you will never receive the amount that Dowmarkets has showcased in their site.
Cryptocurrency and Forex trading are not a get rich quick scheme you need to have adequate knowledge, and be ready to lose funds. You can't always make profits; you win some as you lose some.
Affiliate Program
To participate in the Dowmarkets referral program, you need to apply on the registration form. The referral program manager will contact you in regards to completing your registration for your account.
The company urges its investors to utilize the opportunity and increase their earning. The revenue share that Dowmarkets.com promise users range from 30% to 45%.
They assure traders that they will receive a specific bonus profit at every period of their referral work. They have a CPA amount that is fixed for every new trader that cash in the fund in their system. The CPA amount can increase regarding the number you drive in.
The terms and conditions, as well as cooperation, are deliberated independently with each partner. To get Revenue and CPA share clarity, you will need to discuss it with your referral program manager.
However, Dowmarkets is a shady platform that appears not to be transparent in their biddings. Trusting them with your money or their word will be a wrong decision,
The Domain Insight
The domain name of the suspicious platform is Dowmarkets.com. It was registered in September 2018 and will expire in the same month the year 2021. They have an Alex global ranking of 1,355,265 as per the time of this writing.
Dowmarkets Final Verdict
Dowmarkets is a pyramid scheme that will milk you all your funds. Before you embark on the Forex venture, ensure you have done thorough research before you settle on a particular company.
Ensure you utilize available Forex training resources that will help in your day to day activities. Dowmarkets.com uses essential tools that would attract the majority of traders on their site.
Moreover, you will require to deposit more funds to access the more advanced features. Consequently, failure to do so, you won't obtain the basic features of Dowmarkets.