Crypto Forex World is a suspicious investment operation that is hustling naive investors into depositing Bitcoins into their platform with the promise that these funds will be traded on their behalf.
At first, you might think that Crypto Forex World is a Cryptocurrency broker or exchange. However, upon close investigation, you will quickly realize that this is a service that takes money from members of the public based on the understanding that investors will receive a specific ROI. The percentages have not been mentioned.
The site is guaranteeing investors safe and profitable investments with their site. But how safe is the site, and what assurance do we have that our funds will be safe on their platform? These promises seem to be misleading. They claim that their success has been made possible with their special Crypto Forex trading algorithm. There is no information about this algorithm, and we are even beginning to believe that the service does not have a working trading bot. Instead, they are making these claims to attract investors and steal funds from them.
In their about us page, they claim that they are a team of experienced traders in indices, commodities and Cryptos. This is a claim that cannot be verified because even the operators of this site are 100% anonymous. So if you want to know more about Crypto Forex, keep reading because we will be exposing certain details about this scam operation which you probably didn’t know.
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By the way, Crypto Forex World is also inviting investors to send funds to them so that those funds can be managed professionally. They claim that they are professional fund managers who are new to the industry but rich in experience. They also claim that they believe in long term customer satisfaction, a statement that every scam is now using to win the trust of naive investors.
We cannot trust these statements anymore because they don’t guarantee us the safety of our funds in the hands of anonymous people. They also claim that the service is headquartered in Montenegro since 2017. Indeed their who.is profile shows that the website was created in October 2017. What we do not have is evidence of their alleged performance. It is one thing to claim that you are offering an investment service that is profitable. But it’s quite another to prove those claims with tangible evidence of performance.
Every scammer claims that they are investors in Bitcoin. So without concrete evidence that this is the case, we can’t trust them at all. Also, the ”getting started” process is quite suspicious. Crypto Forex World tells us that we have to download a special Bitcoin wallet, add Bitcoins into this wallet using Credit card before sending it to them. The site does not tell us how much we can send them. They are not even revealing their investment plans like many of their competitors do. Instead, the website is only using generic explanations to talk about their services and what they offer.
If they are truly experienced fund managers, we should see some hard numbers here and there. Or at least they should verify that they are working with real clients who have invested a specific amount of money. A myfxbook would be in order as well. But this is not the case, and so we are going to discuss their trading performance in the next paragraph.
To trust them, we will need to see what they have done since they launched the business back in 2017. It is only right to see that Crypto Forex has been trading and generating some monthly returns for their investors.
But you should realize that this is a topic that Crypto Forex World is not talking about at all. So we don’t know how they have performed so far or even if they are really trading. Usually when we come across such sites, the first thing we do is to check other scam indicators before writing down our verdict.
For this site, no trading performance has been presented, and yet they claim to be seriously into trading. They even claim that they have clients who are already investing with them. The question would be, where is the result?
You should also remember that this website is covered in mystery as the owner of the domain decided to privately register it. This means that they wanted privacy and did not desire to be transparent with any of the people who come into contact with this website.
We can say that indeed this website is a scam. First of all, if they are into trading their clients money, they ought to have obtained a license for doing this kind of business activity on the web. Many of their genuine counterparts are licensed to provide the service. But many of them are scams. We have reviewed most of them here and found that majority of the scams are providing us with generic explanations about their service. They are not really getting into the bottom of things.
You should not be deceived by a scam like this one because the evidence which they are providing is obvious by now. The scammers are even using stock photos. They claim to be popular and yet there is zero evidence of reviews about them on the web. If they truly were investing their clients funds, we would have encountered a few testimonials and reviews about people who are really happy with the service. The problem is that Crypto Forex World is anonymous and the quality of their investment service isn’t backed by any user feedback.
At some point, the scam will ask you for money. And that’s why the steps involve downloading a Bitcoin wallet and sending them your funds. If you are foolish enough to follow this advice, you will lose your funds. Otherwise, if you want to trade Bitcoins profitably, we suggest using these bots.
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