EX Bonds Review: Exbonds.com a Nasty Scam
EX Bonds is a company that has been termed as a scam by any investor. Today we are going to review this investment platform and give you a simple outline of their platform. First of all, this company does not specify the product or services that they are offering.
If you visit their platform, you will realize that they are only marketing themselves but don't get into details about their business. The entity claims that it operates in three processes. Investors need to register, and the firm state it only takes less than two minutes. Then the trader has to make a deposit using digital currency or USD.
EX Bonds claim that their withdrawal takes up to one day to be processed. The company has not been in the market for a long time. Therefore, it lacks a trading history, which is not a good element. We believe that this entity is working as an affiliate platform.
It means that the only income coming into their company is the deposit that investors make. The platform is a dangerous entity that will leave many desperate and regretting after losing their funds.
EX Bonds urge investors to invite as many people as they can using their referral link. They promise commission ranging from 1% up to 5% depending on the many victims you can manage to drive on their website.
Exbonds.com Review
EX Bond is a company that claims to have over 50k users despite being in the market for only 76 days. The platform also features the amount of deposit that they have received to be around 12 million dollars. We find this hard to believe, especially considering that they have not built a reputation in the market.
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It takes time before a new platform can acquire such an amount of funds or audience. The firm wants investors to believe it is the right option currently on the market. However, the statistic they avail are false and only meant to lure innocent traders.
There are multiple methods that you can invest online and gain a reasonable amount of profits. You can invest with the best crypto trading software in the market that is transparent and have a trading history.
EX Bonds is a firm that is only after investors' money. They have nothing to offer, and people who fall for their scheme will only lose money. The company is accepting funds via Payeer and several ripple currency.
The company allegedly invest with various commodities and products like digital assets, Forex, ETFs, binary options, gold, and bank fixed deposits. However, this is a bluff, and the firm only wants to confuse investors.
Investment Plan and Returns
The platform has various investment plans that they are offering to investors. The standard package guarantee traders a daily ROI of 4%. You are required to deposit an amount ranging from $10 up to $10,000. In a period of 50 days, you will have generated a 300% profit.
The premium plan will give you a 350% profit after 50 days. They require investors to deposit funds worth $10,000 up to $100,000. The daily profit that you can get is 5%. The company is promising lucrative returns to their clients. The platform charge investors a 10% fee for every deposit.
Many will fall victim to the ridiculous guarantee EX Bonds is promising. We want to inform anyone who might be tempted to give them a try that no investment platform in the market can generate such high returns.
It is only a Ponzi scheme that will assure you of such high profits. You should ask yourself which product or services are EX Bonds Selling. Once you realize that they only depend on an affiliate program to cater to the withdrawal request, you will avoid them like the plague.
Founders Information
The person who is running EX Bonds does not care about transparency. The company does not avail of any information of its founder or team managing investors' funds. Customers have the right to know the people who are handling their money.
If at all, this entity is legit, they would not leave out such critical information. Without knowing the person operating the organization, it will be hard for the authority to track them down.
The Ponzi scheme operates in this manner. It would be an unwise decision to trust such an entity. They do not have trading results call history since they are barely three months old, and Smart investors would avoid this shady firm at all costs.
Contact Details
Unlike another Ponzi scheme in the market, this one can be found on the various social media platform. EX Bonds have Facebook, Instagram, Twitter, and LinkedIn accounts. They also offer online support.
However, the company does not disclose its geographical location. They do not feature their telephone number but only an email address (support@exbonds.com). The platform is determined to stay anonymous at all costs.
Regulation and Licensing
EX Bonds is an illegal venture that is not regulated by any government. The company does not feature any regulatory or registration document on its website. We also checked with several financial watchdogs in the market only to find that the company is not on their database.
Therefore, the platform is operated on their own accord without minding the safety of their clients. The entity will not be around for a long time, and when they exit, their authority will not help you trace them. Investors should be very careful when dealing with such shady firms.
Reasons to Avoid Ex Bonds
Essential information is missing from their platform. If they invest in Forex trading, investors need to know the currency pair the venture is trading. Additionally, the strategy EX Bonds is utilizing is not disclosed.
Is the entity mining or digital trading assets? We do not know which form of investment they partake regarding crypto—moreover, the assets which the company claim to be dealing with multiple associate risks. The company also fails to disclose its average win rate and drawdown.
There is no mention of trading software. Hence, investors do not know how the company generates these high returns. Ex Bonds is not a transparent firm; therefore, you should not trust them with your money.
Additionally, the platform does not have a license, yet they are offering financial services. Everything about their whole operation is questionable. Investors do not know the experience of the person who is running Ex Bonds has.
The company already has negative feedback from investors. They are not paying, and there is no customer support team. The platform has refused to disburse funds of customers. Clients have acquired bad experience, and this is why you should avoid this firm.
Final Verdict
EX Bonds is a company that is promising investors huge returns ranging from 4% up to 5%. There is no legit investment entity in the industry that can generate such an amount. It is a red flag that cannot be taken lightly.
You can venture with legit cryptocurrency trading software that will give you a real-time profit. You have nothing to worry about, as your data and funds are secure.
The platform fails to get into details regarding the product and services they are investing in. Logically speaking, a deposit of $10 cannot generate a daily ROI of 4%. It is high time that investors wake up and avoid the get-rich-quick scheme.