Western Fidelity Trade Review
Western Fidelity Trade also features endorsements from their customers. The information portrays this entity as the perfect trading partner. If you use this misleading information you will be calculating huge losses.
Western Fidelity Trade is a HYIP. Therefore, investors who join them with the hope of making a passive investment will be disappointed. The problem with high-yield investment programs is that they do not last long in the industry.
Their survival is greatly determined by new clients signing up. In the end, the withdrawal requests surpass the money that is coming into the website. Hence, people end up making losses. The minimum deposit is $500.
Western Fidelity Trade is an expensive venture. Moreover, the returns that the company projects are mind-blowing. They promise a 5% daily profit which is a lot of money. Unfortunately, the fact is it’s impossible to attain to yield such returns.
Cryptocurrency and forex trading activities are risky. The assets are volatile and you cannot have a constant outcome. Additionally, it is not possible to predict the profit that you are going to generate. We do not know when WesternFidelityTrade will collapse but this factor is inevitable.
Invest with trustworthy forex trading brokers that have multiple trading currency pairs. You will enjoy a tight spread and leverage that is reasonable. These are companies that have been in the industry for years. Try them today for better results.
Western Fidelity Trade claims that it wants to help investors optimize returns. The venture purports that it is dealing with Forex, stocks, and cryptos. They welcome investors that want to achieve short and long terms goals to trade with them.
The platform advertises a 100 times leverage. Moreover, it guarantees fast order execution. Despite this being a Ponzi scheme it brags about having the best security. The company claims it has a multi-level security system.
However, there is no segregation of accounts. Additionally, Western Fidelity Trade has already been accused of stealing money from innocent investors. It allegedly offers professional trading activities to investors.
The Ponzi scheme views itself as a leading reputable investment venture in the market. Unfortunately, they are nowhere close to the top list. The firm uses technology to make its platform flexible, and easy to use.
Sadly, this is an unregulated firm that is operating as it pleases. Nothing good can come with investing with a company with characteristics of Western Fidelity Trade. You will only be counting losses once they decide to shut down their website.
Western Fidelity Trade Withdrawal and Deposits
The broker states it is accepting funds via cryptocurrency. The minimum amount to deposit is $500. The entity does not mention any charges. The entity also claims you can deposit money via Perfect Money, Payeer, Western Union, and Money Gram.
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Unfortunately, the information that we are getting from their existing clients is that the firm only accepts funds via digital currencies. Therefore, you cannot get back your money once you give it to the fraudsters.
The profits are calculated on an hourly basis. Unfortunately, you are going to regret trusting this dirty scheme. It is only Ponzi schemes that make such insane offers. Venture with the best investment schemes in the market.
Regulation and Registration of Western Fidelity Trade
Western Fidelity Trade is ignorant about the existing law that governs investment ventures. The broker does not mention anything to do with registration and regulation on their website. Nonetheless, of all other places, the company states its headquarters are in the USA.
The United States is an area that protects its citizens. They have strict measures that not many investment platforms are able to meet. The support team of this firm is based in Scotland. Unfortunately, this entity is not in the database of the NFA.
Moreover, the FCA does not also permit Western Fidelity Trade to conduct its business. The company is an illegal platform that continues to operate illegally. Therefore, you will not get fund safety in this entity.
You are going to count losses and suffer huge losses. It is important that you trade with a licensed company to have the best outcome. The authority supervises their business as the companies are required to report their daily activities.
Western Fidelity TradeCustomer Support
Western Fidelity Trade is allegedly located in Baltimore, USA. Their support team appears to be operating from St. Vincent. You can contact them by filling up a contact form, email, or phone. Unfortunately, it is impossible to get hold of the company.
This is because it is operating behind closed doors. Additionally, we don’t know the corporate that manages their activity. The addresses that the company showcases are fake. Expect unethical treatment from their team.
Western Fidelity Trade also features endorsements from their customers. The information portrays this entity as the perfect trading partner. If you use this misleading information you will be calculating huge losses. The company is using stock images. Therefore, these people they claim to be their clients have no association with the broker.
WesternFidelityTrade Customer Feedback
Western Fidelity Trade is a company that has been termed by many as a scam. We were able to get the experience of the people that have used their services before. The majority of investors term this as a scam.
We learned that the platform only accepts deposits via BTC. They are asking for an additional $2000 on top of the initial deposit for them to avail of a trading signal. The venture is promising a profit of $5000.
After this, they are asking for more money to increase your chances of earning. The broker needs you to cash in $2500 to keep their trading software active. The money will be available in your account. However, once you request to withdraw your funds Western Fidelity Trade claims that you need to keep the funds in the account for one month before cashing out.
Unfortunately, once the duration passes you will realize that your account has been blocked. The company does not process the withdrawal of funds. They only care about their greedy needs. There are several reviews like these ones on third-party websites.
In case you come across people marketing Western Fidelity Trade as a legit venture do not believe them. These are probably the marketers of this scam. They receive a commission for every new client they manage to sign up for.
The Domain Insight
Westernfidelitytrade.com is a venture whose registration took place in June 2020. The registration expires after one year. The entity is privately registered. Therefore, it is impossible to know the people behind the scam.
Despite this venture offering mind-blowing returns, it has low Alexa traffic. It appears investors are not interested in the dirty schemes of Western Fidelity Trade. Learn from the mistake of others and avoid this company.
Western Fidelity Trade is a company that has been advertised online by multiple individuals. You might think that this is the next big thing in the industry. Unfortunately, this is a get-rich-quick scheme that is targeting naïve traders.
There are no trading activities taking place in their venture. The moment you give them access to your earnings you automatically lose all of it. Additionally, the firm does not have a license or a registration certificate.
Invest with the best forex trading companies instead of wasting funds with Western Fidelity Trade. These are transparent and reliable investment schemes that have been in the industry for the longest time. You can also read the experience of their happy clients online.