BTCinvest247 Review Scam Or Legit Investment Platform

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Btcinvest247.uk Legit?

Check if Btcinvest247.uk is legit or scam

Maybe the website has not much traffic but seems safe.

Report was last updated 2 years ago | Update Now

Here is why we made this classification:

Check Btcinvest247.uk trust rating on WOT database:

Unknown: Not Yet Rated

WOT is a browser add-on used by millions of users to rate websites and online shops.

If the site has a bad WOT trust rating it means someone had a bad experience.

If your website has a bad rating, ask WOT to review your site.

Btcinvest247.uk blacklisted? Check the blacklist report below.

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We scan the website with multiple domain blacklists to better find out if it is malicious.

A blacklisted website may be implicated in malware or spam activities.

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Check when Btcinvest247.uk domain was created:

The domain name was created 2 years ago.

A shopping website created less than 4 months ago is too new and potentially suspicious.

If a domain name is too “young” we may have not enough details to judge it.

I would not buy goods from an online shop created a few months ago.

Check if Btcinvest247.uk uses HTTPS:

The website uses a valid HTTPS (SSL) connection.

An online business that handle payments and sensitive user information must use HTTPS.

The HTTPS connection assures that all the traffic between you and the website is encrypted.

Personal websites (such as blogs, portfolios, etc) do not need HTTPS connection.

I would not buy goods from an online shop that has no HTTPS connection.

Check how much Btcinvest247.uk is popular:

The website may not have too much traffic.

The website is ranked #3,781,270 among millions of other websites according to Alexa traffic rank.

Alexa is the most popular service used to rank websites based on their traffic and pageviews.

If the rank is less than 500K the site has a lot of traffic, less than 5M it has some traffic, more than 15M not much.

If the rank is 0 it means the website has no traffic according to Alexa data.

Here is what you should check:

    Check the website reviews on TrustPilotValidate if the website is a certified site by McAfee SECUREQuery the WHOIS database to find the domain ownerSearch for website discussions on Reddit Check if the website has a valid telephone and email address Before buying something contact the website via email I would avoid shopping sites that use free emails (i.e hotmail) A pair of RayBan cannot cost $15 you know right? Make sure the shopping website uses HTTPS connection Check if the website has a Facebook or social profile

Write useful comments including proofs and detailed information.

We may delete comments that doesn’t include proofs.

GT247 Forex broker review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

The reputation of this broker is doubtful!

We do not trust this broker and do not recommend it to you.

Another South African Forex broker has hit our radar and attracted our attention. As with any other broker, we were very excited to dive right in to make this GT247 review, However there was a little bit of prejudice that we needed to take care of before we started reviewing it. Generally seeing numbers in brokers’ names is a signal of concern. But this could be just petty objections. In the end we decided to disregard those concerns and look at the broker from a clean slate.

How they market themselves

The general feeling of the broker was quite welcoming when we first visited them. The look and feel resemble eToro in a sence of trying to appear friendly and “new”. The way GT247 Forex broker markets itself could be called as boastfull, but they do indeed have the data to back it up.

You can easily see what their primary pros are. They don’t hide the fact that CFDs are their main trading asset, but you’ll also be able to find some solid deals with other assets as well. Just like any other Forex broker, we wanted to find out their regulators from the get go. Fortunately, the broker is indeed licensed by the FSB with the number of 46315.

GT247 minimum deposit

After searching vigorously through the broker’s features, we found out that there is indeed no minimum deposit on the platform. Just like JPMarkets, GT247 only suggests a starting R 2,000 (about $150) deposit for beginners. This is actually quite a nice starting amount which even rivals some of the best brokers out there. You’re not restricted with your deposits, so you can go for $50 if you so wish, which is a welcome feature.

In terms of fees, there’s not much to talk about either as the broker is more than happy to provide a significant amount of feeless services, including SMS notifications and monthly platform fees. However, like with any other broker, there are fees concerning long and short term trades. For example Long funding incurs a +2.5% of SA overnight rates and short funding is the opposite of -2.5%. In terms of services GT247 FX brokerage has some good offers. But these aren’t the only features you’ll be able to find with them.

Trading Platforms

For trading platforms, unfortunately you will some restrictions. Or better say, lack of variety. Even though the platform they offer is up to date and good in terms of functionality, some additions to the choice that the traders have would’ve been a welcome one.

The platform is GT247 MT5, which although a state of the art software, still unfamiliar for many traders. But the fact is that when downloading the software, the broker offers tutorials on how to use it, like how to place trades and etc. Those familiar with MetaTrader will be happy to be accomodated, but for cTrader fans there could be a learning curve.

GT247 Withdrawal System

The withdrawal system with this Forex broker is not something new or revolutionary, it’s your standard way of taking your profits. The only restriction is that you won’t be able to immediately withdraw after you have made a deposit. According to their website and support page, 14 business days need to pass before you’re alligible for a withdrawal of those funds. Which could actually be a big inhibition if you want a smooth and fast access to your profits.

Unfortunately however, there was no information indicated about the withdrawal fees and how long they may take. Sure we mentioned the 14 day wait, but the cost of GT247 withdrawals, were the main topic of our concerns. So in terms of transparency on this topic, it’s a minus for this broker.

Can GT247 be trusted?

When it comes to trust, the broker is quite legit. There may have been some problems in the past as we’ve seen some angry reviews on various websites, but in terms of awards and recognition, the Forex broker seems to be well regarded in the country. Is GT247 a scam? No, it definitely isn’t. Is it a good Forex broker to try out? For South African Forex brokers standards it’s not a bad deal. We would say that it is slightly above average, on its way to compete with larger brands operating in the region.

However, if you decide to register with them, you will definitely need to find out more about the withdrawal system as there is no clear infor about it.

The reputation of this broker is doubtful!

We do not trust this broker and do not recommend it to you.

Is Bitcoin Wealth a Scam? Know The Whole Truth About Bitcoin Trading Bot

Trading cryptocurrencies is big business. And where the money is, you can always expect to find scam artists lurking and waiting to pounce on unsuspecting investors.

The latest cryptocurrencies trading scam is bitcoin wealth. It’s being marketed as an automated binary options trading software that will make you thousands in profits per day.

Since its launch late September, there’s no doubt that it has received a lot of interest. But every wary trader is asking one question. Is bitcoin wealth a scam? This bitcoin wealth scam review will expose all the details that make this system one you should totally avoid.

Its “free” Very few options traders can overlook a free opportunity to make money. Bitcoin wealth is marketed as a free to join the system.

However, it comes at a price. You’ll be expected to deposit at least $250 with the broker you’re assigned to enjoy the benefits that come with this system. And that leads me to the next red flag Bitcoin wealth will only link to unregulated brokers.

This means that your money will be held by a business that might decide to disappear and have no one to answer to. When this scam is finally exposed and goes under, anyone who invested their cash will lose it.

Two brokers this software is linked with are ArgusFX and Pure Market. Trying to link the software to a regulated broker account will simply fail.

The claims made are unrealistic

The promo video makes a bold claim that you can earn a minimum of 0.3 bitcoins per day on autopilot. Calculating based on the current bitcoin value, that’s at least $1000 per day.

This claim is based on the software’s programming. According to its creator, it uses artificial intelligence algorithms which make it almost impossible to lose on a trade.

Regardless of how any options trading bot is programmed, the possibility of losing on trades is always there.

You cannot see how this software works

After dishing out several hundred dollars with an unregulated broker, you can expect to earn thousands of dollars per day on autopilot. Without knowing how this software does it.

While I wouldn’t mind making money this way, I don’t believe that the bitcoin wealth app is the way to do it. There’s too much risk involved and there’s no way of knowing whether any trades entered have ended ITM or OTM.

Fake owner and testimonials

The bitcoin wealth scam was purportedly created by Max Carney. After conducting some research, I found the same person being the creator of a similar cryptocurrency scam system called Crypto Wealth. Besides both systems’ creators having similar names, they’re quite similar in design.

The system’s marketing involves the use of video testimonials. None of them sound convincing. In fact, I suspect that these are paid actors reading off scripts meant to paint a rosy picture about this scam.

That’s not all. The earnings disclaimer used in the promo video explains that all messages are meant to demonstrate what the app can do. You won’t find a clip of the software actually placing trades or making any user some money.

Final verdict

There’s no doubt that bitcoin wealth is a scam. It’s designed to lure in unsuspecting traders by being packaged as a free to join the system. Once you’ve invested your money with one of their unregulated brokers, you will be expected to trust a bot whose working you cannot understand to make you thousands of dollars each day. There’s no doubt that there’s a lot of money to be made trading cryptocurrencies. However, it’s not worth it to invest your time or money with the bitcoin wealth scam.

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General Risk Warning! your capital may be at risk

Best Binary Options Brokers 2020:
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    Binarium

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