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Evonance Review: Suspicious Scam Fund Manager

Evonance Review: Suspicious Scam Fund Manager

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We are reviewing a site called evonance.com. Evonance claims to be the safest and easiest way to invest and trade Cryptocurrencies. They also claim that clients need not to be professionals in trading because the professionals behind this operation will satisfy their passion. While the site has a professional design to its layout, it does not inspire any confidence from someone who really wants to invest. A 150% return after 14 days is a big lie. 20% after 48 days is also far-fetched, a promise that only a ponzi scheme can tell its victims.

The site claims that they have employed professional traders who analyze trends in the market before placing trades for best results. Evonance does not show us their trading results though. So we assume that these are just claims which cannot be substantiated.

In addition to that, Evonance also claims that their services are fully automated and are operated at a high speed to enable efficiency. We understand the statement that this service is fully automated. However, we don’t understand what the operator of this site means when they say their site is operating at flash speeds to increase efficiency.

On top of this, the owner of Evonance is completely anonymous as the domain is privately registered.

The site is incorporated as Evonance Finance Ltd. It was incorporated back in November 2014. However, there is a big problem with the details of this company. The thing is that this company is registered under the category of ”Book-keeping” which is weird because Evonance is operating as a fund manager and not an accounting firm.

The second problem is that this website is linking to a Companies House page that contacts the name Evonance Finance Ltd. We don’t know whether the two entities are related as there is no proof anywhere on the site that this fund manager is linking out to an authentic Companies House page. This site could therefore be claiming associations with a company which they really don’t own.To know more about this website, read this review to the end.

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Evonance Review

The site looks quite professional unlike your typical ponzi scheme. The design might imply that they are seriously into trading Crypto currencies. However, with so many red flags on the site, it becomes increasingly difficult to ignore what this site could be communicating.

Evonance

The site is displaying numbers to proclaim that many investors are utilizing their service. To be precious, they claim that Evonance has at least 6,000 active investors who are having their funds managed by this company. This number is hard to believe because if it were true, we would have encountered a number of user reviews out there. The reason why these investors are not commenting or at least talking about this service on major investment forums is because these numbers are exaggerated. The truth of the matter is that Evonance does not have the numbers.

They are also showing us the total amount of funds received and paid out. This is a strange thing because these figures cannot be verified. The site owner could be lying about those numbers especially now that there are no reviews to confirm that investors were really paid.

Unconvincing reviews

It’s quite interesting to see that this site has zero reviews outside the domain but is receiving endorsements from alleged customers on their homepage. This is something that we cannot believe because the owner of this site has 100% control over what goes into that section of the site. They could as well write those reviews for themselves just to fool investors. We feel that there is no truth in this information. It could also be misleading because Evonance does not show us any proof of their trading activities.

What they are promising investors is pure marketing gimmick and has nothing to do with the truth. If you try this service, you will realize that there is nothing in it at all. You will find out that those reviews can never be trusted since they were not edited by real investors.

No trading performance

Professional traders must be able to showcase their past performance for us to believe them, right? You don’t just trust a portfolio manager because they said they were good at trading and generating returns. There are many scammers nowadays who claim that they are real professional traders with years of experience in the game. But when you ask them for any proof of trading, they give nothing in return.

So this is the truth. Evonance cannot produce evidence of trading and even though they are claiming that their team is made up of professional traders, that is highly unlikely. That also means that this site is possibly a scam since there is no product or service to be offered to their investors. How exactly is revenue generated from such a website? That is the question we are asking. We don’t want to rely on claims because unsubstantiated claims can be really misleading.

What you must remember

It’s quite unfortunate that this site is promising huge and unrealistic returns which can’t be earned in any form of trading. Either they don’t know what trading is or they are simply planning to convince you to make a deposit so they can rip you off.

As we have discussed above, 20% in 48 hours isn’t close to being realistic. You cannot earn this much in 48 hours. Similarly, you should never be cheated into believing that this site will generate 150% in 14 days. It is just a high yield investment which has no long term existence.

And what about the anonymous owner of Evonance? This is something that has to worry you. If you ever come across a site that is promising huge returns while the owner is not being upfront, you should avoid conducting any monetary transactions with them.

Our best advice for you

Evonance is a scam. We have no doubt about it. If you want to invest, you should trade Cryptocurrencies yourself. If you have no idea, click here to find out.

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