Golden Option Trading is a Ponzi scheme that is dealing with the Forex venture. The company is promising traders an opportunity to earn from $100 up to $500. You only need to use 30 minutes up to an hour for you to have attained this figure.
Such promises are only made by scam ventures since they are not realistic, and no company in the market can generate such high profits. The company ironically claims that it is secure, and investors have nothing to worry about.
Golden Option Trading is a platform that fails to avail enough data in regards to what they are doing. The information on their website does not create trust. However, the company views itself as the leading Forex signals providers in the market.
The claim of making as many investors as possible financial free is familiar with a Ponzi scheme. They tell you precisely what you want to hear. They use three marketing strategies to deliver their significant returns: this includes, Forex trading, passive investing, and digital marketing.
The company is a scam that should collapse immediately. They have been in the market since January 2017, and their domain expires in January 2023. The platform is privately registered; hence the information of the founder is missing.
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The company allegedly is a VIP Forex trading signal. Unfortunately, if you happen to believe in their shady marketing narrative, you will lose a lot of money. The company is infamous in the market as a Ponzi scheme.
When you decide to invest online, you need to be cautious. Not every investment venture has the best interest for its clients. However, there is legit Forex trading software in the market that you can use.
The platform will disclose the person running the company and showcase their qualification alongside. Golden Option Trading claims that all their students do not fail. Their statement is very aggressive and not attainable.
It is complicated to attain something like this, and the Forex industry is very volatile and unpredictable. NickFX10 allegedly manage the trading signals of this shady company. The company is promising investors an average of 800 up to 1200 pips per month.
The price of the system is $100 per month, and the company utilizes the swing trading strategy. It assures their clients that it will send from 4 to 10 signals every week. The currency pair that Golden Option Trader offers is GBPUSD, USDCAD, EURAUD, GBPJPY, EURUSD, USDCHF, GBPCAD, GBPAUD, GBPNZD.
The Trading Condition
The company only provides the MyFXbook trading screenshot, which appears to have been taken by someone. With the kind of promises that this venture is promising, they should do more than this. Providing real-time trading evidence is crucial if they want to gain the trust of investors.
The platform is not trustworthy since there is a high possibility that they are using the report of another company instead of theirs. Golden Option Trading should avail of their latest trading report. The process will only take a few minutes, and if indeed the company is a legit venture, they should not shy away.
Golden Option Trading Investment Plan
The platform has three available investment plan that investors can use. The platform is sending the same number of signals every week for all their packages. It can execute the take profit, entry, trade update, and stop-loss for every trade.
You can also receive all the trade technical analysis photos. There is an average of 200 pips that is promised for their clients. Additionally, traders can earn using the affiliate program. Once you deposit funds, you can begin yielding returns.
Additionally, the company also promises a bonus that it avails a training video that their clients can use to boost their skills. The support is guaranteed for every account. The only difference is the price and the time that the plan lasts.
They have one month, three months, and a lifetime membership; the price ascends as the duration increases. The platform has a bonus for their lifetime signal provision, whereby investors are guaranteed that they will receive a Forex trading course program. However, the information is insufficient, and we do not know what the training program entails.
Contact Detail and Regulation
Moreover, the firm is accepting investors from all countries, and it is located in Canada. The location is highly likely made up, and there is nothing legit about this firm. The company has a very shady and unethical support team. If you want to reach the support fast, they recommend that you use their telegram; @hustle_mindset.
Customer care does not respond to the problems of their investors. When you call them, they will ignore it. Additionally, the emails are also left pending. It is clear that this platform is not professional, and the only thing that they care about is getting their filthy hands at your money.
When you deposit a considerable amount of funds, it when they start ignoring you. Moving on to the regulation status of Golden Option Trading, you should know that the platform is not regulated by any government to carry out its services.
It would better if they had a license permitting them to carry out their services. We would advise anyone who was planning to join this company to refrain from doing so.
Golden Option Trading Testimonials
The company has very many negative reviews from investors who have already tried their services. The platform is being termed as a Ponzi scheme. Golden Option Trading has numerous videos of investors endorsing the services of this shady firm.
Sadly, these are paid actors upon their review, and we found that they are using false content. They send investors two emails at most, which have a high projection of returns. However, if you join with high expectations of earning such profits, you will only end up regretting it.
Those who have joined have not attained the pips that Golden Option Trading advertises. The company is also paying investors in their first investment. After that, you will not receive anything of substance. When you come up with content claiming that the platform is paying, you should be cautious.
The platform is utilizing its marketing strategy at best. These are the only attractive tactic that the Ponzi scheme uses. Why would anyone be blind enough to trust such a platform with their money? Based on the traffic that is coming in the system of Golden Option Trading, it seems their plan is working in their favor.
According to Alexa global ranking, they have a total of 461,006 traffic. As long as people keep buying their narrative, the shady venture will continue making money. It would be best if you stayed away for the sake of your safety.
Golden Option Tradingis not legit in anything that they do. When you invest, you should look for reliable opportunities. You can trade using various Forex trading software in the market that has real-time profits for their customers.
The only information that is available on the website is not sufficient to win the trust of the investors. Furthermore, they have numerous negative reviews from clients who had invested in their system before. There is nothing good that will ever come from this Ponzi scheme.
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