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BTC Profits Review: is Btcprofits.cc a Scam or Should I Invest?
BTC Profits Review: Scam or Paying? BTCProfits claims it could make you good profits from cryptocurrency trading. How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Btcprofits.cc, we provide you information based on our investigations and user experiences to help guide you make the proper decision.
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Btcprofits.cc Scam Review: Disturbing Things Found
Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.
Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.
BTC Profits is not a legit cryptocurrency investment platform. Don’t be deceived by their promises.
Conclusion
Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.
Oinvest Review – is oinvests.co.za scam or good forex broker?
RECOMMENDED FOREX BROKERS
Trading Accounts and Conditions
Trading account | Minimum deposit | Maximum leverage | Spread |
Standard | Not specified | 1:500 | 0.7 pips |
Oinvest is a South African forex and CFD broker that appears to offer a single account type with tight variable spreads, no commission fees and high leverage levels on the MT4 platform.
In addition, the broker provides a number of educational sources for beginner traders, such as e-books, training courses, webinars, tutorials, etc.
Oinvest Advantages
Licensed in South Africa
One of the strongest benefits of Oinvest is the fact that the company behind it, BASFOUR 3773 (PROPRIETARY) LIMITED, is regulated by the South African Financial Sector Conduct Authority (FSCA), the successor of the Financial Services Board (FSB). The FSCA is in charge of the licensing process and oversees financial service providers, which are required to keep all client funds in segregated trust accounts in a recognized bank in South Africa. The regulator also keeps a public register of Authorized Financial Service Providers, so that investors can look up whether a certain broker is FSCA-licensed.
Although regulation in South Africa is not among the strictest and most reputable ones (such as the one in US or Australia, for example), it provides a certain level of reliability.
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Trading on MetaTrader 4
Another positive side of Oinvest is that trading is done on the widely used MetaTrader 4 (MT4), which most traders know well and like using. The reason for this is that the MT4 has an intuitive interface, solid charting, great analysis tools, and supports wide range of automated strategies, better known as Expert Advisors.
The trading costs at Oinvest also appear attractively low. The broker does not charge commission fees and the spread on EUR/USD is as low as 0.7 pips.
A wide variety of assets
Another advantage of this broker is the variety of trading instruments it offers for trade. Its product portfolio includes around 50 currency pairs (FX), as well as CFDs on stocks, commodities, indices, and cryptocurrencies. The list of the latter comprises popular coins such as Bitcoin, Ether, Ripple Dash, Bitcoin Cash, Bitcoin Gold, Monero and Litecoin.
If you are into cryptocurrencies, check out our list of reliable forex brokers that offer trading in Bitcoin.
High leverage levels
As most brokers who are not restricted by the laws applicable in the country of their operation, Oinvest provides high leverage levels, reaching 1:500. While such leverage ratios allow traders to open larger positions, while not investing large sums. That is why we consider it as an advantage, although leverage levels that high increase significantly the risk of losses.
Oinvest Disadvantages
Trading conditions not specified on website
Oinvest’s website does not contain any relevant information on its trading conditions, such as leverage levels, minimum initial deposit, spreads, etc. All decent forex brokers specify these essential trading details as a part of their transparent pricing policy.
Fortunately, demo accounts are available, so we were able to see the trading costs and the leverage ratios available.
Not available in many countries
It seems that Oinvest targets mainly local traders, as it does not accept clients from the United States, Iran, Cuba, Sudan, Syria, North Korea, Australia, Canada, Israel, as well as such from European countries.
Conclusion
Oinvest is a well-regulated South African broker that offers wide range of tradeable assets on the industry’s leading MT4 platform. While the trading conditions on demo accounts seem pretty attractive, they are not clearly specified on the broker’s website.
The situation with financial markets in South Africa seems promising, as this is the most developed country on the continent and has some sort of financial regulation. Nonetheless, the most reliable forex brokers regulated by the South African Financial Sector Conduct Authority are also licensed by other, more trustworthy financial governmental agencies such as UK’s FCA or Cyprus’s CySEC.
To sum up the above:
Pros | Cons |
Licensed in South Africa | Trading conditions not specified on website |
MT4 available | Not available in many countries |
Tight spreads | |
A wide variety of assets | |
High leverage levels |
Broker | Advantages | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts. XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion. FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection. FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals. FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions. HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
Traders` reviews for OinvestSpreadSlippageRequotesPrice feedPlatformDeposit/WithdrawCustomer serviceSummaryI am a victimIt is the real scam, blood sucking kind of people, they are working for the devil. Stay awayYou are going to loose money . Oinvest is a SCAM. SCAM.Its a SCAM. Do not trust them. I have lost R63500 in 3 days today!! lock out of my account with a large amount of money still in the avccountI was sill busy on forex and I was locke out. Withdraw[email protected] actually helped my withdrawal after providing the statement. Not customer friendly[email protected] is not customer friendly. After they withdraw the R3500 no tel is answered and no advice forthcoming. Lost all my moneyI trade with Oinvest since March but after doing well they give me false information to buy to trading t App not tradingI just started my journeys to days ago I find that after two days the MetaTrader 4 app do not work properly. Please helpI have an account with oivest even though I’m not trading at the moment. My main concern was that it seemed like somebody was going into my trading account and open and close active trading pairs without me knowing. Who ever was assisting me, will than blame me for that.I was still new in trading space. Secondly I didn’t change my password. I still want to be a trader. Please I need your advise. With kind regards Please help meI deposited an amount of R8500.00 with Oinvest using my absa Visa credit card, I was helped to make the deposit. I could not trade sue to the fact that I am always on the road now. I requested a refund of my money but now they avoiding me. They are not helpful with my refund but they are registered with the FSCA and they regulated by so called Basfour 3773 Pty Ltd. Will somebody please help me to recover my R8500.00.Please. FSB please. Update on previous postAdding to my post from yesterday, I was contacted by Oinvest’s “Customer Support” department rgarding my withdrawal request, by email. They claimed that there was an issue with their Payment Service Provider and that my refund MAY have to be provided by wire transfer. Extremely annoying, invasive business practiceHaving seen Facebook promotions for an investment scheme that automatically generates profits and having a spare bit of cash to throw at such TGTBT schemes, I decided to deposit $250 with Oinvest. Stay away from OintvestI was called by ine Agent called Issac asked for my ID and proof of Res, deposited my R3500, 2days later so called Account Manager Lennard help me to download their trading website, 2days agter asked for $250 to increase my chances if making a profit. 1day later he ask for more when I told him I dont have anymore I had already invested All money was gone. Pls pls Stay away from Ointvest. Am starting to suspect OinvestI was asked to make a loan of R25000 to buy stock market shares which will make me profit, to my surprise I am told that my margin level is low and I must put in more cash because my margin level is below 100, whereas I was told that I will be refunded the money I put in to backup my margin level, I have requested my refund now am told that my money cannot be released as my margin level is on minus.That was not an agreement an I am now sitting on a debt which I must pay back. Do not invest with oinvestOnce u have deposited money, it means you have fallen into their trap because i did Btcperfectinvest.com Scam Or Paying? Read Our Full ReviewOh snap! Change a few things up and try submitting again. About Btcperfectinvest.comBTC Perfect Invest is a group of traders, and managers with an extensive experience in investment management. The main activities of the project are Forex and investment management Some Important Detail About Btcperfectinvest.com
Btcperfectinvest.com Investment Plan107% AFTER 1 DAY 470% AFTER 5 DAYS 105% AFTER 2 HOURS How To StartOpening your personal account is the first thing you have to do to start participating in Btcperfectinvest.com. It will only take a few minutes. In order to register yourself as a member of Eco Venture, click on the ‘Sign Up button, after which you will be taken to the page with the registration form. Fill in the details as required, and complete the process. Step 2 – Make depositTo make a deposit you have to log into your personal account using your login and password. Choose ‘Make investment’ section, select an investment plan most appropriate for you, and decide what amount to invest. Select the required electronic payment system. Follow the instructions of electronic payment system and approve the payment finally. Wait for adding funds on your balance. Step 3 – Add walletsBefore withdrawing funds, please set up payment system wallets in settings. You can do this on the ‘Wallets & Settings’ page. Step 4 – Withdraw fundsAfter your earnings were accrued, use ‘Withdraw funds’ function and make a request. It is quite easy: type an amount, which you want to withdraw, choose payment system and click ‘Withdraw funds’ button. Some Good Things About Btcperfectinvest.comFriendly SupportThey provide unbeatable support via email and telegram to cater your needs and get a professional , fast and effective response . Dedicated ServerIndustry standard DDoS mitigation technology to protect and make sure our servers and the website always stay online. Fast Withdrawalsthey process all withdrawal requests fast in manual mode . The minimum withdrawal amount is no Limit Instant depositsAll deposits are added instantly to your account after confirmation, and withdrawals are sent after a security review in max. 24 hours Easy and convenientinvest your money, and they take care of the rest, providing you with convenient, user-friendly tools for controlling your funds. DDOS ProtectionThey are using one of most experienced , professional and trusted DDoS Protection and mitigation provider. Great Customer SupportReliable support service is very important. Please don’t hesitate to contact us should you have any questions and they will get back to you in 24 Hours! Advantages & Pros Of Btcperfectinvest.com1.Cryptocurrency shows the stable growth in the long view – it’s one of the most profitable ways of investment. 2. Website Admin Active In Crypto Trading & Mining Field . Click Here To JoinCONCLUSION;- BTC Perfect Invest is a group of qualified traders, and managers with an extensive experience in investment management .funds and personal data are under reliable protection – site conforms to all modern safety requirements .Its Paying Now. Risk DisclosureHyipstation is not a registered broker, analyst, investment advisor or anything of that sort. Everything that we provide on this site is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions Bistro Profit — Отзывы и обзор проекта. Доходность 125%-150% в сутки. РефБэк 2.5% от депозита (СКАМ)Отзывы и обзор на проект Bistro ProfitСтарт проекта: 02.12.2020. О проекте: Bistro Profit — Данный ресурс позволит каждому пользователю получить стабильный ежедневный доход от 125% до 150% в сутки. Весь процесс полностью автоматизирован, зачисления средств на счёт для выплат производятся системой в автоматическом режиме. Два раза в сутки будет проводиться розыгрыш собранного резерва с 9.00-до 10.00 и с 20.00-до 21.00 по московскому времени, ежедневно. Риск не оказаться в числе счастливчиков минимален, вклады по второму ТП (Тарифному Плану) застрахованы и гарантированно будут выплачены инвесторам. Администрация данного ресурса не является трейдерами, брокерами или иными специалистами в сфере рискованного инвестирования или способа заработка. Инвестированные средства находятся в кассе проекта до момента раздачи их системой инвесторам. Администрация ресурса Bistro Profit продумала маркетинг до мелочей,что гарантирует проекту долгосрочную и продуктивную деятельность. Гонорар администрации, за старания, составляет 10% от оборота системы. МаркетингИнвестиционные планы: 1 Тарифный план: 2 Тарифный план: Минимальная сумма вклада: 100 Руб. Best Binary Options Brokers 2020:
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