Optiontrades24 Review: Optiontrades24.com Bogus Scam
Optiontrades24 is a platform that trades digital currency. The investment company promises users vast returns that are unrealistic to attain.
However, they have red flags that show they are a scam Firm that investors should keep off.
The company claims to analyze the market, and to use their experience to benefit other people. Optiontrades24 urge investors to partake in Bitcoin mining and trading.
The irony with this company is that they claim to be a transparent and passionate company that cares about the needs of their investors. While in reality, they only want to steal investors' funds.
Furthermore, Optiontrades24 states that they are the best in the market despite not being featured anywhere among the top crypto companies.
The company wants to be a bridge in creating a massive crypto adoption in the market. The info that Optiontrades24.com has provided is insufficient.
There is no validation that the company undertakes any crypto trading activities. They claim to have been in the market for more than ten years. The timing is incorrect, and we have no idea why they would lie about it.
There are better cryptocurrency platforms that protects the funds of investors. Legit companies put the interest of their clients at hand. Avoid being scammed and only invest with verified firms.
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Optiontrades24.com Review
The investment firm urges all investors newbies and experts to join them and make a better tomorrow for themselves. This company wants to scam as many people as possible.
However, the platform is not transparent and will con many innocent investors their hard-earned money. The little number of funds you invest will end up being stolen.
The platform brags about their expert support. However, it has not presented any qualification document of their teams to prove they are professional.
The platform has a lot of traffic coming in, but they do not have an affiliate program. Usually what they do, they use promoters to market them to the public.
Hence, you will encounter positive reviews, adverts encouraging you to invest, videos, or blog posts that are meant to convince you to deposit funds.
The company is operating anonymously, and we do not have the slightest idea who is the owner of this platform. Furthermore, this platform also claims that funds of the investors are safe. They supposedly have innovative security systems.
The sooner you deposit, the quicker they will be able to scam you. At the initial stages, you may earn some peanuts. The platform does this to ensure they create a sense of trust with the investors. After you deposit more money, you will never hear from them again.
All the claims of this company remain insignificant so long as we don’t have concrete proof. The pyramid scheme has a secure method that their clients can use to start trading. You can open an account free of charge within a few minutes.
Investment Plan and Returns
Optiontrades24.com has four investment plans. They have the starter, silver, pro, and premium pact. Keep in mind that all the plans are vague and unrealistic.
The first plan is the starter. It targets newbies, and the least amount of money that you can deposit is $250. You will receive a daily return of 150%.
The silver plan offers the same amount of returns as the starters pact. The amount of funds accepted is 500USD. You will receive trading notifications, and you can reach support 24 hrs around the clock.
The returns are ridiculous, especially considering they are daily profits. The cryptocurrency sector associates numerous risks.
The currencies are very volatile, which have both positive and negative outcomes for traders.
The third plan of the Ponzi scheme is Pro. Investors can deposit cash of up to 700USD. A daily return of 150% is promised to the clients.
The fourth and final plan is premium. You can cash in $1500 and receive a profit of 150 daily. You have a guarantee of 24/7 customer support and access to professional charts.
Optiontrades24 has not disclosed the methods they use in trading or the mitigation process they use to cover the associated risks.
The platform gives its clients three methods that they can deposit funds with. You can use Bitcoin, Skrill, Money Gram, or using Western Union. Deposits reflect fast after you make them.
Is Optiontrades24 Regulated?
Investment companies that take money from the public need to follow the set protocols by the authority. The government has taken control and try to adapt to the Blockchain technology.
They have put up measures that protect citizens from scammers. Even educating them on the tactic being used by these scammers. However, you still find investors falling for the scammers narratives.
The pyramid scheme has become professionals, and their marketing strategy has improved; hence a lot of innocent investors fall for the Ponzi scheme fraudulent narrative.
As an investor, you need to be very cautious when investing online. Perform a thorough research on any platform. Besides, avoid falling for unrealistic promises made by a pyramid scheme.
Learn to spot the red flags and if a deal is too good to be true, always choose to walk away. There are advantages connected with unregulated crypto companies, but it is never worth the risks that come along.
Nevertheless, we recommend our audience to always trade with licensed platforms. You will sleep better, knowing your funds are more secure in a company.
Optiontrades24.com claims to be a regulated company. They purportedly have CFTC credentials. The investment firm assures clients that their funds are secure and highly protected.
The investment platform has bogus information that indicates they are located in the US. Their office address is Los Angeles, 3238 Doctors Drive, California. 90017 USA.
The information is incorrect. First of all, any investment company based in the USA needs to adhere to stringent measures. You find that most of the crypto investment companies are not located here.
Optiontrades24 does not appear in any database of licensed platforms. The company is operating illegally, and your money won’t be safe in this Firm.
Customer Support
Optiontrades24 company has displayed a phone number and an email address in their platform. The email address is support@Optiontrades24.com, and the telephone number is +1323-892-2473.
However, this pyramid scheme of customer support is very tactical and manipulative. They will convince you as the investor to deposit more funds in their platform.
Without knowing, you will fall for their scheme. They use unethical means to get naïve investors to venture with them.
The support system communicates typically with their clients using email. It is a distinctive trait with all the pyramid scheme they will only call when they need more money.
After you cash in a lot of funds, the investors will ghost and avoid all for interactions with you. That when you will realize you have been scammed.
Domain Name
The investment company is registered under the Optiontrades24.com domain name. It was registered in June 2019 and expires in June 2020.
It remains unknown the area in which the Ponzi scheme targets its audience. The Alexa Global Rank of Optiontrades24.com is at 4 million. A lot of people are visiting this site.
Final Verdict
Optiontrades24 is a pyramid scheme run by professional scammers. The platform claims to use powerful software, physical, and technical precautions that exceed market standards.
There are many red flags with this bitcoin trading hub. Investors do not need any skills to invest in this company.
Moreover, they offer asset management and mining services, but they have not provided any relevant information to back up their claim.
For the sake of your funds, stay away from this platform. Look for legit crypto mining and trading services that will give you real-time income.