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Genetix Club is a company that talks about revolutionizing the market. They are dealing with bitcoin investment. The firm promises nothing but to maximize the profits of users. They also allegedly charge reasonable fees to their clients.Â
You might be thinking that you have come across the best crypto entity. Unless you are not a good judge of character, there are several visible red flags with this platform. The entity state it has the best trading margins and leverage.Â
Genetix Club has various trading accounts to suit the needs of traders. The scheme is dangerous, and partnering with it will only lead to devastating results. For instance, the scheme fakes its trading history. A company that cannot be trusted with minor details like such is definitely hiding many things from customers.
The actual locale of the platform is another enigma. We have enough reason to believe no trading activities are happening on this website. Someone just put up a nice platform and filled it with fluff content targeting novice traders.Â
If you want to trade successfully, then stick to some of the best cryptocurrency trading ventures in the industry. You can exploit the opportunities that these companies set. The firms are outstanding, and the testimonials from their customers will shed more light on what to expect.
Genetix Club allows clients to buy and sell digital currencies. They also give customers a chance of improving their trading experience. There are multiple coins for trade, but the venture’s technique to attain the desired outcome is still a mystery.
The platform assures traders of a seamless experience. They will take you through the trading concept. The scheme state it enforces top-notch security to protect the funds and data of users’. They use cold storage to store the crypto of traders.Â
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Surprisingly, Genetix Club presents an SSL form to guarantee their website is secure. This form is useless, especially when you are dealing with a Ponzi scheme. Hackers are the least of your worry as these fraudsters will leave you a nill balance account.Â
Furthermore, the entity state it offer the lowest fees in the industry but does not care to disclose the figures. Any company that promises to change your financial status overnight is worthless. It takes time to become a successful trader.
Genetix Club features multiple awards that it has won. They claim to have been recognized as the best forex broker and service provider in the year 2019. They are also the best when it comes to executing orders.Â
Ironically, the company does not even disclose the forex pairs that are available for trade. The scheme also brags it has a trophy for being the best MT5 broker in 2019. We do not even know if the con artist behind the scheme understands what a MetaTrader is. This is because the entity provides a web-based trading platform.
Finally, Genetix Club is a platform that made its first digital footprint in March 2021. How they managed to get awards in the year 2019 is a big mystery. This is a venture whose main focus is to steal from innocent traders. They use misleading falsehood information to get the attention of clients.Â
Additionally, with their promises, the venture should have feedback from clients. Sadly, the traffic is wanting and unpleasant. Stay away and find better investment firms in the industry.Â
Genetix Club offers standard leverage for crypto is 1:5 to 1:2 on most of their pairs. However, some coins allegedly can have higher limits of 1:20. The spread to expect is 0 pips. It is a lucrative offer, but given that the firm’s reputation is at stake, we suggest you avoid dealing with the company.Â
The firm lists other products like forex, indexes, and indices. The spread for the EURUSD pair is 3 pips. This is only beneficial to the company. Traders will need to pay more.Â
Available payment options are; Skrill, e-wallet, wire transfers, and bank cards. Genetix Club is accepting a minimum deposit of 1000 EUR/USD/GBP. This is way beyond the market standard as several entities accept even $10. We do not see unique features that would result in this entity exploiting traders.
The withdrawal process takes three days to be handled. You can withdraw any amount that you please. There are also fees that clients should expect. However, this is a firm that you cannot be certain of.
Genetix Club purports its headquarters is in the UK. The scheme also states it has over 100 employees. Therefore, clients have all the help they need at their disposal. The entity is requesting users to verify their proof of identity by providing ID.Â
You should never share such critical information with a suspicious venture. The info can be used in identity theft, exposing you to more risks. Furthermore, this is a platform that cannot trust customers with its actual geographical location or disclose the people handling funds.Â
Avoid anonymous schemes at all costs. They exit the market without giving notice after realizing their narrative is no longer selling. However, this is not the end of it, as they will come back using a different name, ready to defraud more people.Â
Invest only with transparent companies that have been in the market for years. They will offer world-class support. You a guarantee that your problem will be resolved. Additionally, your data will never be shared with a third party without your knowledge.Â
The company allegedly claims to be based in Estonia. This is a country that has a regulator body supervising financial bodies. Genetix Club is unregulated. They are a dirty fraud that is not worth your money.
There is no fund safety in this platform. Additionally, the broker will not compensate traders. Once the company leaves the market, there is nothing you can do to get back your funds. This is a deceitful entity that is collecting money illegally.
They violate several rules without caring about the repercussion. Genetix Club does not report its daily trading activities to the financial watchdog. Therefore, the scheme can manipulate price leading to unfavourable results for traders.
The broker lacks credibility. The accounts are not segregated as the firm is not working with a reputable bank. The people behind the scheme can use the funds for their own greedy needs. You will never make a passive income with the venture.
Genetix Club is not located in Estonia or anywhere in the United Kingdom. The minimum deposit that the entity requires from its clients is unfavourable. They avail a Web-based platform, yet the firm claims to have won an award for being the best MT5 broker in the market. Their terms for forex trading are vague.Â
You may find this to be a reassuring entity, but they are far from being legit. The scheme has features of a scam, and they are also anonymous. Your money is not safe with this venture. They will devastate you once the firm exit the market.
Invest with top cryptocurrency trading companies in the market. These are platforms that have verified strategies and have been serving thousands of users, if not millions. The firms are reputable and outshine in the industry.Â
Does Genetix Club has a license?
No, this is a broker that is operating illegally.
Are the trading conditions of Genetix Club favarable?
Unfortunately, this platform will push you to the edge, and the trading conditions are risky.
Where is Genetix Club located?
Nobody excepts the people running this scheme knows where the entity originates from.
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