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It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:
Menchor Update 2023 Review: The website is now used for sponsorship deals or marketing other investment scams, please stay away!
PS: You need better investment options that have been tested and proven to work in the crypto space.
Here are the main advantages of dealing with reliable cryptocurrency trading robots;
When using a broker, members get the chance of getting a single access point to investment opportunities.
These include markets in all fields such as binary options, commodities, cryptocurrencies, forex, indices, and stock markets.
With a friendly user interface, traders with any skill level can easily utilize these robots and take advantage of the volatile crypto market.
You won’t need to take long to learn how to use these robots as they come with easy-to-understand guidelines and tutorials.
One of the greatest aspects of trading with these robots is connectivity. You want a robot that easily automates trades.
👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it. What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.
The listed robots are automatic and trade steadily without any pitfalls. You certainly don’t want a robot that shits the bed during live trading sessions
With a licensed broker by your side, you get the benefit of claims management something you wouldn’t get in other unconventional means of investing.
The funds you invest with these brokers get insured and thus, you can get your funds back in case of bankruptcy or insolvency.
For those who were scammed, there’s a high chance of recovering your stolen funds with the help of professionals.
Do you honestly think that Menchor.io is the world’s first automated Cryptocurrency trading platform? Do you believe that this platform really trades Cryptos? For us, Menchor is a deception and a fraud. There is no Crypto trading here, only ponzi scheming. You want evidence? Consider that this ”really profitable” money making opportunity even has a referral program. Why would they have one if their project is so profitable? People aren’t begged with money. There is no reason as to why the greedy nature of human beings can all of a sudden adopt a sudden philanthropic cause.
The way we see it is that Menchor is just another hyip script. Hyip scripts are fraudulent due to the nature of the business they conduct. For people to generate revenue, they must be doing something that makes money like trading of Cryptocurrencies and other instruments for example.
But Hyip scripts don’t trade Cryptocurrencies. They don’t trade any form of investment instrument. Instead of trading or investing in these instruments, hyip scripts such as Menchor just collect funds from members of the public with the intention of pocketing 95% of the revenue. The other 5% may be used to fool naive internet users who may believe that making easy money is a reality.
5% is sometimes paid out to those who are lucky to have joined and gotten paid. But this is not always the case 99% of the time. As it currently stands, the paying status of Menchor is not known. Let’s find out why this is a potential scam.
Note: Trade Cryptos with these robots.
Menchor is apparently based in the UK. Most of these HYIP scripts are based out of the UK because regulators are not too strict on the operations of ponzi scams unlike in the US where this kind of thing is totally unacceptable and not allowed.
Now that the UK is a little bit lenient on them, the consumer needs to be aware that these ponzi schemes never make money. They masquerade as Cryptocurrency money making opportunities when they are not. Menchor, for instance, claims that they have traders who are working remotely across the world. Not even a single trader who works for them can be introduced, thus we believe that no trader is involved in this project. The project clearly seeks to deceive internet users. It is quite clear from the look of things.
With Menchor, internet users who want to trade Cryptocurrencies on auto-pilot can benefit from the biggest trades which are allegedly placed by these anonymous traders. These traders are also adopting scalability into this project and also encouraging people to deposit even more money with the promise that they will earn more.
The idea is that you can get rich with Menchor.io. The website seems to suggest that making money is easy as long as you trust them with your deposit. But with a little bit of common sense, one should see that this is not how the real world economy works. And if that was the real way the economy worked, everyone would be rich by now. They would not be begging for your deposit right now.
Most people who get scammed in the hands of these unscrupulous con artists don’t bother to investigate whether or not the person they are entrusting their funds with is licensed to operate a trust fund.
To be honest with you, a scam like Menchor is not regulated by the FCA. The operator(s) don’t have a license for what they claim to do simply because no real trading is going on behind the scenes.
That is the number one reason why they cannot qualify for a license. The second reason is that Menchor is anonymous. Even if they wanted one, it would force them to adhere to the strict rules that trust funds need to follow to get a license.
Therefore, it’s quite obvious that website operators who dodge this law are clearly scammers or people who don’t have a good intention. If they are asking for your deposit when they are not licensed to trade your money, you should know outright that you are dealing with a scammer.
How exactly is Menchor going to ”protect” your funds? There isn’t any security here especially after learning that this is an independent project with no regulations at all.
According to Menchor, they have adapted the strictest safety measures on their site which includes 24/7 website monitoring, encryption and other techniques of data protection.
Do we need these things? Yes of course. Is this solving our worry that our money will disappear in the hands of this fund manager? No it doesn’t solve this problem.
In short, your money is not safe in the hands of these individuals. The fact remains that they are scammers, and so the thief is within. The thief is the operator himself and not someone from outside.
Since they are requesting for your deposit in Cryptocurrency, this will further complicate the matrix because it adds an extra layer of protection which works in favor of the scammers themselves.
Remember that Cryptocurrency transactions are irreversible. Once you send money to these scammers, you won’t be able to claim it back successfully.
Therefore, what this means is that Menchor is an unsafe place to invest your money at. The project is clearly operated by a non transparent individual who has carefully planned not steal and go scott free, thanks to the anonymous nature of Cryptocurrency payments.
You may think that 0.15% per hour is reasonable. Well, if you do the math, you get over 3% per day. That is 90% per month which is not realistic. Through these ridiculous earnings, Menchor just proved again that it is run by a scammer or a group of scammers.
To add the final nail on the casket, Menchor has a Facebook page consisting of 7 members only. Remember that a ”gold pot” is supposed to be very popular item because that is where people go to make their riches. 7 likes simply means that Menchor is a scam with no popularity. Avoid.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
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It has 3500 followers on Twitter
Menchor.io was scammer
After 18 days my withdrawal closed and i can not withdrawal money
Chat online and admin seems one person and today nobody answer me
That’s right , a big scammer.
From last night site was down and nobody answered to the chat or email and my money goes with wind !