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Onewaytrading.live Review: One Way Trading is a Scam

Onewaytrading.live Review: One Way Trading is a Scam

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Welcome to the One Way Trading review. This site claims to invest their clients’ funds in Forex and Crypto currencies. The site promises to deliver extremely high returns within a short period of time. Actually, they claim that investors can triple their investments fast and safely, which is a little bit awkward statement given that only scams can promise you a life of getting rich quicky. Therefore, the number one reason why you should not believe One Way Trading is that they are using misleading marketing statements to lure victims into their game.

OneWay Trading

The minimum investment to getting started with this site is $30 only. Ask yourself what kind of investment you can do with $30 only. Is it even possible to trade with this amount of money to make profits? The answer is a big fat no. Only scammers can make this claim that even with $10 you can go far but the truth is that trading involves a lot of capital and if you are just going to send money to fake admins who claim to invest it in Forex and Cryptos, you will lose your money.

The site even admits that they are based in Bahrain, an off shore region which they claim to be a safe haven for those who want to evade paying taxes or are simply committing acts of crime on the internet. If this is the kind of confession which you can get on the homepage of this scam site, then it clearly means that your money is not safe in their hands as well. One Way also talks about qualified investment professionals who handle funds on behalf of investors. We need to see a proper introduction of these individuals right away. Failure to do this will make us imagine that no matter how credible this site tries to portray itself, it is just following the trend of many scams in this space.

One Way also claims to be a revolutionary investment platform but this is quite a vague statement since they cannot even prove that their platform is unique and is changing how investments are done on the internet. We are even afraid of the fact that these people are not regulated or licensed to trade their clients funds. If anything, this website plus the people who trade here need authorization from government agencies in their country of operation. The reason they are based in an off shore region is that they intend to scam users and go scot free.

Having said this, we will go ahead and look at the specific aspects that make this an obvious scam. One Way Trading should be avoided at all costs. If you’re thinking of investing in Crypto currencies, consider mining them now that the price of BTC is rising again and profits are becoming much easier to make.

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One Way Trading review

We would like to know the background of the people who operate this website. If they claim to be experts in Forex and Crypto trading, they surely must have a way of verifying their proficiency. First of all, the site was registered in February 2019 according to domain inspection tools. This means that they have not been around for quite a long time to gain a significant public trust. Of course, the owner of the domain is registered privately and there is no way to find out who registered One Way Trading. That’s not all, even the website itself does not have social media links which can guide us to their respective LinkedIn pages to be able to view their activities on social media and may be learn more about who they are.

In other words, we are dealing with a site that is operated by a group of anonymous persons, or it may be one person who is masquerading as a team of people. Whatever the case, the fact remains that these people have managed to stay under the radar and the intention is not always clear. The vision statement of the site is also vague in nature as they claim that their mission is to provide investors with extremely high profits in a short time. This statement shows that the site is actually not trading but undertaking a different activity altogether. What could this activity be? It could be that they are intending to run a full blown ponzi scheme which is quite common in this space. The first evidence or tale tell sign that you are getting into a ponzi scheme is when a site owner requests a small amount of money claiming that they have the capacity to double or triple it in a short time.

Their values are claim that the site stands for transparency but the mere fact that they have not disclosed ownership details of this site means that the site is not transparent. And if they are not transparent, then definitely they will disappear with your funds no matter how small an amount it is. There is no integrity in this site and you can also see it.

So, what is the truth? The truth is that we cannot trade $30 to profit using Forex and Crypto currencies combined. The other truth is that this site is not run by professional traders who can show us what they have done in the past. The site has only been up for a couple of weeks. So it cannot be possible that these traders have been doing any trading.

Our best advice for you

This is definitely a dangerous ponzi scheme if not a dirty financial game where the victim gets to lose their money if they send them to the faceless scammer. You definitely don’t expect to make any money with these kinds of sites. If you need reliable income, your best bet is to start trading or get yourself a trading tool that can help you make money. We have been recommending some good tools here for a long time and we hope you will sign up and start using them.

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