Prime Trade Options Review: Primetradeoptions.com Scam
Prime Trade Options is another pyramid scheme run by expert scammers. The platform allegedly deals with agriculture, BTC mining, advertisement, and Forex.
The investment company claims to operate in thirty-two countries. In addition to that, they offer clients a 59% return on all the services that they have.
The investment company originates from South Korea and is currently based in the USA. Primetradeoptions.com scam is an international trade that requires members to buy its coins to access its services.
Prime Trade Options coin can be used for trading, or investors can store it on the platform. The platform is not regulated. Investing in digital currency or online can yield returns. That is if you use the best bitcoin mining platforms.
Nonetheless, you should know that it is not as easy as the pyramid scheme puts it. Skills and patience are necessary, and you cannot make vast returns overnight.
Primetradeoptions.com Review
Every pyramid scheme has a catch, and enticing rewards to its clients Primetradeoptions.com assures investors that they can make a lot of profits by utilizing their products.
It’s funny how the platform claims to be transparent, yet they have not even disclosed any information regarding their founders.
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The platform displays its testimonials using numbers. They show clients who have received a certain amount of payment. This information is vague; as the same data keeps occurring.
Stay away from this investment company as the only thing you are going to yield from them is unimaginable losses.
Although the platform claims to be involved in various sectors, there is no proof to ascertain their allegations.
The company has stated they perform various tasks and clients gain a particular amount of profit.
If you observe keenly, there is no evidence to investors that they will make any income. The platform only accepts funds via BTC. This means you cannot track them after they exit the market.
The agriculture sector, just like the digital currency market, has many risks. It is ridiculous for Primetradeoptions.com to offer such high return rates.
The investment company does not contain any data to back up their business model. Their agriculture narrative does not add up.
This shows the platform does not undertake the activities they have displayed on the platform. We can firmly say Prime Trade Options is a Ponzi scheme that all investors should stay away from.
Regulation and Customer Support
The pyramid scheme does not feature any certificate on their website. Regardless of Prime Trade Options claiming to be operating across 32 countries, there is no licensing authority that regulates the company.
Primetradeoptions.com targets newbies who do not know how online investment works. The investment firm is operating illegally and risk prosecution charges.
Investment companies located in the USA are required to adhere to stringent regulatory measures. Funds are safe in licensed platforms.
Investors have an assurance of getting their funds back if the company is collapse, but if a pyramid scheme exit the market, there is no hope of recovering from the losses.
Prime Trade Options Company offers clients vast returns and does not comply with any regulatory body in the universe. The investment uses public funds and undertakes investment with high risk.
Usually, all investment companies have top-notch customer support to aid smooth running. However, Primetradeoptions.com does not have any contact details on their website.
You cannot contact the company if you have any queries. How can you trust this platform with your money when they do not offer any company details?
The company is operating behind the shadows, and this is not something that is appreciated in online investing. Without having an email or telephone number, there is no mean you can communicate with the support.
Prime Trade Options Investment Plan and Returns
You have to purchase the platform’s coin. The currencies can only be bought using Bitcoins. The least amount of funds you can deposit in Primetradeoptions.com is $100, and the maximum amount is $6,000.
It is up to the investors to select their desired plan The investors then proceed to the dashboard and deposit funds. The company has crazy returns that they offer to their clients.
Prime Trade Options promise users a return of 3% up to 7% daily, depending on the performance of the market. This is a lot of money, especially when you consider the fact that the mining sector has a lot of stiff competition.
The company claims the clients’ income keeps growing. The withdrawal process takes seven days to reflect. The profit growth goes on for one month, and all investors should withdraw after the duration.
Investors can only trade on weekdays, and there are no trading activities that happen at the weekend. Clients can expect returns to generate at every weekday, but it usually occurs at random intervals.
It is tough to gain such returns, especially in mining. It has become difficult for small investors to earn decent profits. Enticing clients with hefty profits is a characteristic common with scammers.
What raises a red flag is the fact that the company brags; they do not experience any losses, all thanks to their expertise.
However, cryptocurrency investment associates numerous risks, and no matter how verse the company is, they must come up with ways to mitigate the risks.
The company is a Ponzi scheme that you should avoid at all costs. That claims they automatically clear investors' accounts and pay them.
The Domain Insight
According to Alexas and Whois, we were able to gather critical information about the investment company. The registration of the platform took place in June 2019 and will expire in the same month the year 2020.
The domain name of the company is Primetradeoptions.com. The company's location is Panama in the USA.
Affiliate Program
Prime Trade Options, like all other pyramid schemes, have a referral program. Mostly you find that the only people who benefit from a Ponzi scheme are the marketers and initial investors.
Moreover, the Ponzi scheme allows their marketers to use unethical means to drive traffic on the site. Primetradeoptions.com has a 5% referral commission to their clients.
After inviting potential investors, you will not be able to withdraw any funds. All the promised bonuses are null stay away from Primetradeoptions.com.
Learn to identify the traits of pyramid schemes, and you will never lose your money to fraudsters. If you invite your friends to this platform, you will be helping Primetradeoptions.com to victimize more people.
Prime Trade Options Fake Testimonials
The company has testimonials sections that appear like its real-time. However, this data is made up and bogus, and you should not believe anything you read here.
The fake testimonials are to work as a form of transparency. They only want potential invests to deposit money in the platform for them to steal
Clients are claiming to have received a certain amount of returns. But there are no social media profiles which are linked to the reviewer.
We are confident that this info is incorrect, and no one has gained from this program expect the marketers who work together with the shady company.
Prime Trade Options Final Verdict
The platform claims are misleading and lacking. There is neither mining, agriculture, or Forex trading taking place in this platform. It is hard to achieve a cutting end in these sectors.
Prime Trade Options has not disclosed any relevant information on how they achieve their numerous profits.
Furthermore, if you invest with this company, you will be doing it blindly, and you will lose all your hard-earned cash. You can use Forex training resources to familiarize yourself how the market works.
The investment company is under professional scammers. They are operating anonymously and cannot be found by any authority considering they are working illegally.