Shamayal.com claims to offer robotic management services to investors across the globe. The platform owners claim to have experience for more than three years in the market and that they provide other services besides managing investors’ money.
However, no information about the team behind the Investment firm has been provided to earn your trust and prove that you will make any profit from this investment firm. Scam companies always claim to have a top-notch team, but they fail to provide information on the same and similar characteristics are visible in Shamayal.com
Due to the enormous growth of competition in binary options trade and Forex trading, scammers take the opportunity of this and try to swindle money from investors. Legit investment firms will always showcase transparency on the website, and their mode of operation is still transparent, and this kind of platform you can trust easily with your money.
Shamayal features myfxbook on the website, which was in place early 2015, and they faced a significant loss of 60%, which is a terrible result for any company that you wish to profit from. For you to access their services, you have to sign up for another broker platform known as Finprotrading then choose Shamayal.com.
The platform customers expect 7-12% in monthly returns on the investment. However, no investors seem to benefit from this investment firm, and there are several complaints from other investors who claim to have lost the money, and this is the most likely outcome that you may encounter.
Shamayal.com method of operation is shady and raises doubt in the kind of investment returns that you expect. The company does not provide any past transactions that you can use to assert any trades taking place, and if you will benefit from this investment firm.
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Moreover, during our research, we found out that there is no existence of this address in the map, and it is just made up to tempt you into believing they are legit. On the website, it also mentions another location in Canada, and it makes no sense and is a sign of a red flag.
From the look of things, the platform seems like an affiliate program because you have to sign up through another broker. You register into another platform Coinex, through Shamayal.com, and this proves that the platform is paid a special commission to market Coinex.
Therefore it is clear that you will not make money from this investment firm, and you will only end up making losses. The company does not provide you with any owner’s information that proves genuineness in the Investment firm.
The fact that several investors complaining of losing money in this investment firm should definitely prevent you from investing in this company. How they operate is not transparent and does not make sense even for experienced investors in the trading world.
Shamayal.com uses fake testimonies of happy investors home; they pay to say positive stuff about the platform; there is no trade taking place. This method is standard among Ponzi schemes, and the only sole beneficiaries are the company owners.
The names of these investors do not match the images used, and they are just random people selected regularly, and you may be surprised to find out they even don’t know if the company’s existence. The reality is that no trade activities are taking place is that customers are losing money.
Legit investment firms will always provide you testimonies that link you to their platform, and they do not lie on the kind of returns you expect. However, shamayal.com is definitely lying on the type of services it offers, and you will not benefit a single coin from this investment firm.
The safety of your money is not guaranteed because the platform is operating with the anonymity of the co-owners. Furthermore, some complaints have a rise of people who have lost their money from this investment firm, and the result that you will encounter is most likely the same.
No evidence of any successful withdrawal has been paid to investors, and to prove that you will get paid is impossible in this kind of company. Legit investment companies always let you know about the type of bank they use, and this information is still available on their websites.
Regulation and Customer Support
Shamayal is not a regulated investment firm, and you’ll end up making losses if you fall for the catchy phrase. A standardized platform for lawless shows evidence of this information on the website, and you should trust such companies.
The owner of this investment firm risk facing criminal prosecutions and is the main reason they hide their identity from investors. Once this platform is closed with your funds, the owners will result in opening new investment firms and try to swindle money from you.
However, they claim they are based in the UK and provide you another address requesting their location in Canada, which is murky for a legit company. For any trading platform to be allowed to generate funds from the public in the UK, they require authorization from the FCA, which is the main regulatory body in the platform.
Different laws have been implemented in various countries to prevent citizens from falling for scammers, and for them to generate funds from the public, they require these details. There is no contact support that you can use to reach the company owners just in case you need assistance, and this is a major red flag from a legit platform.
Shamayal.com is not regulated is generating funds from the public illegally, which is a major red flag for any investor looking to make profitable returns. The trading world is fast-growing, and in the past, it possible for investors to make massive returns; however, due to the vast competition nowadays, it is impossible to generate massive investment profits in a short time.
The method of operation this platform uses is not mentioned anywhere and raises doubt in any of their claims. There is also no evidence of past trade transactions that should lure you into depositing money in the company. Shamayal.com uses fake testimonies as to their marketing strategy of generating traffic into the website. However, these investors do not exist, and you should not fall for their catch at any cost.
No one can withdraw the money from this investment firm, and they received complaints from angry investors who have lost their funds expecting returns. The company promotes another broker for the commission, and you will not earn a single coin from this investment firm.
They do not provide you with any contact information that you can use to reach them just in case you require assistance from the Investment firm. The company is not transparent on its whereabouts location and provides two addresses, which is a warning sign not to trust this investment firm.
You should trust legit investment firms that follow all the regulatory measures and transparent in the method of operation. Furthermore, the company owners are not known and who is operating your money in the platform you do not know.
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