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ChainLinkFX must be the biggest crypto scam there ever lived. The store claims to help crypto investors rip a large chunk of profit. Unfortunately, most investors don’t know that Chain Link FX is another crypto scam. Those who have invested with the multiple investment options available have lost it all. And chainlinkfx.com is to blame for it, and it blocks withdrawals. Here’s what we learned in our detailed CHAINLINKFX REVIEW.
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On the about us page, we get a little history of ChainLinkFX. First, we see a platform claiming ownership from ChainLinkFX PLC. These false statements fool investors into associating the platform with a successful name-like company.
Once you get a hold of the real Chain Link company, you get the truth. The platform doesn’t know or recognize the crypto platform. And that puts things into perspective as to what the platform brings to the table.
The about us page tries to sell a triumphant story of how the platform rose to global investment domination. We see the story of how founders managed to invest millions into the platform. Sadly, none of these members get any mention on the platform; no names are mentioned.
Navigating through the platform is difficult as all information is on one page. There are several investments offers available on the platform. Crypto and forex investment and trading top the list. The platform also provides personal loans.
By definition, the platform wants to sell itself as a wealth management entity. There are no documents to help classify what the platform does. It throws off anyone looking for answers.
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And that’s why we have to expose the red flags hidden on the platform. Despite their efforts to try and fool investors, we will disclose every issue found. And that includes how investors are losing funds immediately after they fund accounts.
Experts recommend researching a platform first before investing in it. You need to make sure you go for platforms that, above all else, are secure. A crypto investment platform has to have proven results and enjoy the backing of the crypto community.
As with any decision you’re about to make, weighing the pros and cons fit right in this one. You have to check what makes the platform different from others. For most investors, the guarantee of making a profit is the difference.
The people behind this know it too and offer enticing options. But, unfortunately, some of them are too good to be true. That’s why the platform targets those who want to earn high-profit margins within a short time. But, unfortunately, it’s not going to happen.
There are several red flags that we must expose on the platform. Here’s what we found that makes us question every aspect of the platform.
You get to choose between five account types in an investing arrangement. These accounts include Starter, Master Plus, Premium, Ultimate, and Corporate. Let’s take a closer look at these plans;
Starter
It’s the most basic account and guarantees 30 to 40 percent win margins. You must deposit a minimum of $1,000 to get started with the account. Members also get to enjoy 15 percent trade commissions.
Master Plus
The master plus account holder has a 40 to 50 percent guaranteed profit margin to hit. You have to deposit $10,000 to get started with the account. The account promises a money-back guarantee after the vesting period.
Premium
You must deposit a minimum of $20,000 to get started with the premium account. After that, there’s a 50 and 60 percent commission to earn with the platform. Members also get to achieve a 15 percent commission on all trades.
Ultimate
$50,000 is the acceptable minimum deposit, with investors promising to make 60 to 70 percent ROI. You get the exact account features as all others above. The platform will trade on your behalf as you wait for the profits to ‘soar.’
Corporate
Slated for the corporate clients, there’s a minimum investment amount of $100,000 to get started. In addition, members must get a promise of making 70 to 80 percent ROI. The Trade commission remains the same at 15 percent.
If there’s one thing wrong with these accounts, it must be high-profit margins. Ask any expert, and no one can make such guarantees in any market. The market is volatile, and traders will make losses at one point.
That’s why making wild claims makes the platform a quack. We have to distinguish between realistic profit margins and bloated ones. The platform wants to attract investors looking to make a large chunk of funds at once.
To try and sound professional and regional, the platform claims to associate with over13 companies. But unfortunately, there’s no mention of who these companies are on the platform. And that means not finding any partner with the platform.
Apart from offering trading accounts, the platform also provides four crypto accounts. These include Basic, Standard, Premium, and Pro. Just like the trading accounts, each promises a different ROI.
Basic
It offers a high ROI of 65 to 70 percent. Members must deposit 1 to 1.5 worth of BTC. There’s also a 15 percent trade commission.
Standard
For the standard account holder, you get a promise of making 70 to 75 percent ROI. Commissions available are the same on all accounts, at 15 percent.
Premium
You have to deposit 15 to 29.9 BTC to get started with the premium account. After that, investors get a promise of making 80 to 85 percent ROI.
Pro
Investors must make a minimum investment of 30BTC and above for the pro account. The expected ROI for your vesting is 90 to 95 percent.
These are unrealistic profit margins, considering how volatile the crypto market gets. These red flags stare naïve investors in the eye, but most don’t see them as such. It would be best if you spotted these unrealistic profit margins.
Despite having a detailed history without verification, we still don’t know the CEO or Founders. The platform forgets to have a profile page of the people working behind the platform. And that makes it anonymous.
You need to avoid anonymous investment platforms for security reasons. You won’t get to recover your funds if things go south. And that’s the scenario facing members who signed up with Chain Link FX.
ChainLinkFX does not have any license documents from any regulator. That means the platform doesn’t follow any regulatory framework. So you need to stay away from such stores or risk losing everything.
Most members get stuck while trying to withdraw funds from chainlinkfx.com. This is because the platform blocks any attempt to withdraw funds from the store. That’s why we have to expose it for failing to offer meaningful investing or trading services.
Please avoid Chain Link FX as best as possible. The platform is only out to steal your funds.
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