One Way Trading is an investment company that claims to be dealing with Forex and cryptocurrency trading. The platform, unfortunately, is not a legit venture. This is another Ponzi scheme that wants to steal funds from their clients.
The platform promises its clients a daily return of 2.8%. Apart from this method, you can as well invite other people on the website, and you will earn a certain percentage of commission. Additionally, the Ponzi scheme also has multiple bonuses awaiting their victims. It even guarantees a Ferrari, which is definitely absurd.
The company has grown popular all over a sudden. There is high traffic coming to their website. It means their plan of scamming as many traders as possible is working in its favor. It is more of an MLM platform that you should not trust.
One Way Trading was launched in 2019. The domain is only registered for a period of one year, which indicates there is a high chance of the company not being in existence after its expiry. The founder of the fraudulent firm is not known.
The majority of the company’s victims are coming from Brazil, Mexico, and Brazil. The firm seems to be majoring in the affiliate program, unlike other investment ventures that have a lot of products and services at the disposal of the clients.
One Way Trading is operating as a pyramid scheme; such ventures do not survive long in the market. For you to earn, you will have to invite as many people as you can. The company is not worth anyone’s time. You should venture with legit cryptocurrency investment firms in the market .
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People will lose money in the long run. One Way Trading is promising users that it can increase their money tremendously. Scam firms only make promises like this. The platform has a good marketing strategy.
The company seems desperate as they are collecting from the as low amount at $30. It is hard to make any decent earning with such amount. One Way Trading is also bragging about its very able team that contributes most to their success. However, the platform does not showcase them to the public. You should know the people handling your funds.
Avoid trusting blindly without because you will be exposed to numerous risks. Offshore companies are dangerous as they can exit the market without anyone questioning or following upon them.
The company claims to be dealing with Forex trading, yet the leverage, spread, and currency pair that it is offering to traders are not discussed. Keep off this venture as they are not legit—a venture that is not clear about their services.
One Way Trading lacks a trading reputation, considering the platform is still new; you should not give them the benefit of the doubt. The founder hiding from the public does not create transparency. No evidence shows the firm is undertaking any investment services.
One Way Trading is a company that is assuring investors unrealistic returns within a ridiculous timeline. The platform is giving away 2.8% of profits within a single day if you do the math that is much money every month.
You will have to invest funds worth $30 up to $50,000. For you to earn more, you will have to cash in more money. The platform has multiple investment plans that their victims can choose from. The affiliate program referral commission is 8%. Additionally, the firm has a residual bonus, which is paid via a binary system.
There are several things that you need to consider before trusting blindly in any system. The mode of operation that this scam venture use is using the money that comes into their system to cater for withdrawal requests.
The company does not have a means of generating profits. The returns that it displays is only meant to entice novice traders in their system. Eventually, when no more funds are coming on their website, it will be the appropriate time to exit the market.
Contact Detail and Regulation
One Way Trading is allegedly located in Bahrain. Unfortunately, the company does not disclose the actual location; they leave their clients to figure out the details. It is highly likely that this is not its actual area.
The platform allegedly sees this area as an ideal location. Since it will not subject its clients to paying high taxes. Sadly, offshore investment ventures are hazardous, and people lose money in the long run.
Ponzi schemes tend to fake their area of operation to gain the trust of innocent investors. The platform is not regulated or licensed by any regulatory body to perform its investment services.
One Way Trading is a notorious scam platform that has numerous red flags. No corporate oversee their activities. We highly doubt there are any investment services taking place in this venture. We checked in the database of various financial watchdog in the market to see if One Way is one of the legal ventures. Unfortunately, it was not featured anywhere, which was worrisome.
Is One Way Trading Legit or Scam?
One Way Trading is a suspicious investment company that we do not recommend any investor to deposit funds with. The company does not discuss its withdrawal and deposit method in detail. It is highly likely that you will lose money.
The requirements to cash out are not elaborated. Clients can experience hefty charges from upon withdrawing charges. Additionally, the platform is not very reputable. We did not come across any review of any investor who has successfully earned from the website.
With the kind of promises One Way Trading is making, the firm should be flooded with multiple clients. It should serve as a red flag when no one seems interested in the platform. Furthermore, no funds safety is being offered.
The safety of your money should always come first. The company is also operating illegally, which is not a very appealing thing. The founder and the team of One Way Trading are running the whole process undercover.
It raises many questions because if the firm is running legit services, why are they doing it discreetly. Do not waste your money in a company that will not trust their details. The data available on the website is not enough to win the trust of traders.
Finally, the scam venture has not published any of their accomplishment since the time they joined the market. We did not find performance reports that can illustrate how the company has been performing. There is nothing positive about settling for this entity.
One Way Trading is a pure Ponzi scheme that you should not be in the industry. The company will not survive for more than one year. It is a pyramid scheme that will use the funds that comes from their new clients to pay out their pioneer customers.
It is allegedly dealing with Forex and crypto, yet they do not disclose the currency pair that is available for traders. There is much info that is missing from the platform. You venture with legit cryptocurrency investment firms in the market that has multiple currencies that you can trade.
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