Profit Secret is a Ponzi scheme that has gone viral over the past couple of months. The company promised investors a daily income of 300%. First and foremost, no trading software in the market can generate such an amount of profits.
In case you want to make a passive income in the cryptocurrency niche, you need to be very careful because multiples scammers plague the industry. The platform claim that their investors have been able to attain a daily earning of $1500. The only thing that you need to deposit is the capital of $250.
Logically speaking, it does not make any sense, and it is crystal clear that the scammer behind this company is only after clients’ money. It is easy for newbie traders to fall for the lies of this platform. Most of the scammers use the same figures to steal from investors.
In this review, we will expose the product activities of Profit Secret. The website has multiple marketing content claiming that majority of investors are making million overnight. Just like all other Ponzi schemes, even this company requires your name, phone number, as well as your email address.
The platform was designed for those who have a high appetite for making huge profits. It is a software that outruns all other trading bots in the market. The sad truth of the matter is that this platform is not among the best. This is because their services are not legit.
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Novice traders have become prone to fraudsters in the market. Profit Secret is a platform that is trading bitcoin automatically. The scam system is being presented as a top-notch investment gadget. Their prediction is allegedly very accurate.
The company claims that they have an inaccurate performance of 90%, which means that they are mostly making a profit. They target individuals who are looking for a better alternative in the market. Unfortunately, if you fall for their narrative, you will only end up losing your money.
The majority of these Ponzi schemes will imply that they have a high accuracy rate and are risk-free. Sadly, they do not even have a trading bot. They only act as an affiliate platform for unregulated brokers in the industry.
Invest in trustworthy digital currency trading bots. They are more transparent, and your safety will be their priority. Investors should be cautious with scammers because they will use all sorts of enticing words to trick you.
The firm assures investors that they do not need any prior knowledge do operate the software. All you need to do is deposit a certain amount of funds and start your journey of financial free lifestyle. The company accepts funds via multiple methods like; Skrill, Master Card, Wire Transfer, We money, Neteller, and Web Money.
The platform, in an attempt to win the trust of investors, they feature a live trading section. Sadly, you cannot rely on this information. They should verify their trading result with a reputable third party. They only represent what they want you to see.
Who is the Founder of Profit Secret?
One of the big questions that you should ask is who is running this venture? They claim to have the ability to generate high income for their client. However, when it comes to winning the trust of investors, they don’t do much.
The client has the right to know the people that they are entrusting their money. Anyone with the ability to generate such a profit will take credit for their excellent work.
How Does Profit Secret Operate
The platform claim that they are using an intelligent algorithm that contributes to their great success. The trading app was developed by the best digital currency traders in the market. Unfortunately, this is a bluff since they do not credit their team.
Profit Secret can analyze a large number of data in a few seconds. It will trade on your behalf, exploiting the best opportunities in the industry. Additionally, it enters the market ahead of all other trading software hence generating more rewards.
Within a year, this platform promise that you will become a millionaire. Investors should be able to spot such a red flag without any problem. Let’s get realistic a bit if at all anyone created such a trading software, chances of sharing it with the members of the public would be very minimal.
Moreover, everyone should be investing in this platform. The economy would automatically collapse since no one will have to work. Profit Secret does not disclose the brokers that they have partnered with.
In most cases, the Ponzi scheme will not list the brokers because they are not regulated. The money will only be used for greedy purposes. You will not make any profit with this investment venture.
Contact Details and Regulation
Profit Secret is a platform that does not disclose its actual location. It is fully anonymous, and without any personal detail, it will be hard to incriminate the mastermind of this scam. Moreover, in case you have any queries, there is no available method of resolving it.
From the look of things, the company appears to be operating from the UK. Unfortunately, not regulated by the FCA. It means that this is an illegal venture. We fail to understand why any investor would trust a company that does not offer customer support services.
Furthermore, why would anyone deposit money with the unlicensed entity? It is an ignorant act and one that you can blame it on yourself. Invest in a platform that cares about your experience. They will do much to win your trust.
Safety of Funds
Client money is not safe in the hand of the scammers. Furthermore, Profit Secret has not done much to win the trust of investors. They only make claims that cannot be verified. We have more questions than answers when it comes to the way this company is operating.
They guarantee that you will recover your initial deposit instantly. However, this company does not have a compensation scheme in place. It means that once their platform collapse, you will not recover your money.
The withdrawal process takes approximately 5 hours to be processed. The platform falsely claims to be license by the authority. The information shows their level of desperateness in getting access to your money.
Profit Secret is not a legit company, and you should stay away from them. They claim to have a proven performance record, while the reality is they do not verify the financial results. The entity does not segregate the fund of the investor in a reputable financial institution.
A minimum deposit of $250 cannot generate millions within a year. You should not be quick to trust any company that makes such ridiculous claims. Additionally, they do not publish their accomplishment, and they lack a trading history.
Profit Secret is a company that is operating against the law. There are paid promoters who endorse them as a legit firm. We have discussed various loopholes that are surrounding this company. They do not have any transparency, and their performance is not verified.
Moreover, they are not regulated and do not avail of any contact detail. We did not find any advantage when it comes to trust this platform. Profit Secret is a waste of cyberspace as well as time. Investors need to be very keen when dealing with such a fraudulent system.
Instead of wasting funds and risking your safety, invest with legit crypto trading software. These companies will ensure that you attain a reasonable amount of profit.
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