Welcome to our review on Ultracoin.club.
We will explain why it is a scam that should be avoided by all means.
Ultracoin.club is a dubious ponzi scheme just like Comextrades.com.
Ponzi schemes are characteristic if promising very high returns on investment which are never achievable. They use this tactic to lure investors to invest with them.
This is also an offshore broker. One of the characteristics of offshore brokers is that they are anonymous and can disappear at any time without any notice whatsoever.
Offshore brokers more often than not, abuse regulations and they are not reliable at all.
It is prudent to look out for key details of a brokerage firm. This confirms its legitimacy and compliance with regulations.
The CEO of the firm’s information should be readily available, the person responsible for day to day running of the brokerage firm, detailed information on their physical contacts among others.For this company, these details are not available.
When the above information is lacking, it raises questions and as an investor you do not have even the slightest idea of who will be handling your hard earned money. This explains why your funds are not safe withthis broker.
Is your money safe with Ultracoin.club?
HYIP brokers are very untrustworthy. They give empty promises only to lure unsuspecting investors who they end up defrauding.
They have withheld key information about themselves which brings us to the conclusion that this is an offshore brokerage firm.
This broker has not provided any banking information thus they may go bankrupt any time.
Should you invest in Ultracoin.club?
Once you deposit the minimum amount required , we guarantee that you’ll definitely lose it.
This broker is making money off you and in the most fraudulent ways while not caring about the losses you are making.
That is why even their trading conditions are not good.
Ultracoin.club is a scam which will dube you to invest with them then they unceremoniously disappear with your money.
Have you been scammed by this broker? CLICK HERE to recover your money.