WestMark is a company that happens to be a fraudulent venture. The entity does not have license from any government. Investors should stay away from them. The company is also operating against the law without having the necessary documents. We do not recommend WestMark to investors. The best thing to do is to invest with a reputable and legit forex trading brokers.
WestMark is an offshore broker that aims to change traders’ lives through their trading strategies. The company claims to skyrocket your trading techniques and maximize profit. However, do not be so quick to deposit a single coin in the company. They expose several red flags that should act as a warning to any profit-oriented investor.
You do not require previous knowledge to invest with these firms, yet they do not have any training materials. Trading, just like any other business, may have profiting days and vice versa. The investment firm supports day trading, and they boast of having top-notch features and attractive trade hours.
Entering trades blindly may not be a profitable experience, and patience plays a crucial role in generating reasonable investment returns. Newbie investors can learn how to operate the platform through Personal advice and learning materials.
The learning materials, however, have to be requested by contacting the company. If you are looking to make profits, there are legit tried and tested forex brokers that will generate reasonable investment returns.
Information regarding the founders is also missing, and this is relevant in earning the customers’ trust. Most offshore brokers that fail to reveal information on founders turn out to be scammers, and you should not waste your hard-earned cash.
You do not know the kind of experience the people behind WestMark hold. You risk dealing with people who might not have any experience in forex trading. The company claims to beat the market and generate massive returns for its clients.
Westmark.cc promises investors helpful trade tools and a thorough analysis of the market. However, where the expert advice comes from is unknown, and the kind of experience they hold is not well elaborated to traders.
The software is available for download on mobile phones or through your computer. WestMark including false endorsements exposes multiple scam traits.
The company claims endorsement from Apple. Coca-Cola, Facebook, and Spotify, among others. Moreover, there is no association with the mentioned partners, and this is a major warning not to waste funds in the company expecting returns.
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WestMark may easily go against trade guidelines whenever they want, and there is no one to hold accountable. Various countries across the globe have set up measures to protect their citizens from scammers.
Despite these measures, scammers still find ways to manipulate innocent traders. You should be watchful of such characters and invest with regulated forex brokers.
They charge very low transaction costs; hence you can trade with high amounts. This is just an attempt to lure you into depositing funds.
Meanwhile, you will only be making the anonymous platform owners rich will expecting massive returns. The trade niche faces high volatility, promising constant returns that is not easily attainable. Investors trade tighter spreads and wider margins, and they provide a professional and transparent service.
You can also trade thousands of assets and various currency pairs, indices, commodities, and company shares. Westmark.cc promises endless chances towards creating achievements for clients.
The safety of your funds depends on so many factors. Westmark.cc is not to be trusted by any investor. Your money is not in safe hands. Information about the founders is not revealed anywhere to show transparency.
Transparency plays a major role while picking the best investment platform. All the people behind the company should be mentioned and the kind of experience they hold to rely on them.
There is no positive feedback for withdrawals to prove customers are making any profits. You may be tempted to invest with WestMark, but once you deposit funds, you may never hear from them again.
There is no banking information; hence your funds are not safe. There is no refund policy; therefore, no one can be held accountable for the losses that may result. The platform accepts multiple payment methods.
WestMark Investment Plans
Most scammers will try to lure customers with massive investment gains similar traits are observed in WestMark. Customers are given up to three different plans to choose from; Standard Account minimal trade limit is $250.
Investors can trade Forex, Commodities, Crypto, and indices under this account. The account is accessible 24/5. Super Account starts from $5,000 with similar tradable assets to the first plan. Ultra is the final plan with no difference from the first and last accounts.
There is no trade strategy or software explained, and the only outcome from this platform is massive losses on your hard-earned cash. The risk measures that are enforced to curb great losses are also not outlined.
Westmark.cc boasts that many trades use it and work to create a user-friendly platform. The company is available 24hours, and deposits and withdrawals are fast and instant. WestMark contains news and trade events available to their customers.
The strategies they use in trading is not well explained. The sales pitch is also poorly presented, and a lot of relevant information is missing. You should find all the available data regarding an investment firm before trusting them with your funds.
Regulation and Customer
The company provides customer support. However, in Ponzi schemes, you will only receive a response until they have your money. Once you successfully deposit your business with them, Your number and details may be blocked from accessing any of their services.
There is no location whereabouts address, and you cannot trace or hold anyone accountable for possible losses. Moreover, the main reason Westmark.cc founders are anonymous is that they risk facing criminal prosecutions.
It is illegal in most countries, if not all, for Forex brokers to generate funds from the public without following regulatory measures. Regulated forex brokers showcase a high level of transparency, and you can easily find verifiable data of the same.
WestMark has a section with alleged legal documents that are made up. The company is not recognized by any legal, regulatory body and nothing they claim makes sense.
Furthermore, if they were regulated, details should be used to earn customers and gain their trust. Dealing with unregulated brokers only creates more chances of scamming investors than they do in generating profits.
The founders of WestMark are anonymous, and you risk losing your money, and personal details may end up in the wrong hands. The method of operation they implement to generate reasonable returns is not known.
There are high chances of dealing with criminals who might not have any experience in forex. The problem with offshore brokers that are not regulated. Is that they end up breaching most trade guidelines, and they rarely last in the market.
They do not provide demo accounts for you to understand the company. Westmark.cc does not have past trade records to show clients are making a profit. You should at least see a trade history of three months or more before venturing into the trade.
WestMark may disappear from the market at any time with all your investment funds. No refund policy, banking information, or location address are availed to assure your money is safe. Keep off this venture or you risk facing greater losses.
Therefore it will only be wise to invest with tried, tested, and regulated forex brokers to generate reasonable profits. Before venturing into a trade, you should do some research and verify the credibility of the company.