You might have read many Etalon Trade Reviews on the internet by now. But Can you really trust that HYIP monitoring website that provided doubtfully positive Etalon Trade reviews? Etalon Trade scam is an HYIP offering various investment plans with what appears at first glance to be mouth-watering ROIs. When this program was first brought to our attention, truth be told, we were really interested. Although their website could use some work regarding presentation and content, it did genuinely appear that this young company was paying out as advertised.
Yet as ever, the golden rule is never to dive into anything that looks too good to be true. After taking a little while to cool down and then investigate the precise details, what appeared to be very promising is, in fact, actually extremely untrustworthy. This Etalon Trade review will explain all the reasons why those choosing to invest with these guys will end up having their fingers burnt. The only people who are sure to make money from this fake forex investment ‘advisor’ are the crooks running the show.
Etalon Trade Review- A Genuine Forex Investment Platform Or A Scam?
They claim to have a highly skilled team of investment experts who routinely earn staggering profits every day by playing the forex markets. As would be expected, they also use cutting-edge specialist software unavailable to the casual day trader. Clients can invest in the Etalon Trade Forex Investment platform and earn fantastic profits – the actual client needs to basically just wait for the money to roll in. Anyone who keeps up with their online trading news will be well aware that this business model is the same as dozens of similar recently released investment opportunities.
As I mentioned in this Etalon Trade review, The truth is that Etalon Trade Ltd is going to end up being a ponzi scam. Sure they can masquerade as some kind of elite forex investment opportunity – but as we’ll see, the fact they offer no proof of prior performance makes the very existence of this too suspicious. At present, we’ll best describe them as a very precarious HYIP because, as far as we’re aware, they haven’t scammed anyone yet. But as we’ll see, the Etalon Trade Forex Investment Website is utterly unsustainable and will inevitably collapse. The only question is how soon.
What Does Etalon Trade Ltd Company Offer?
In a nutshell, they offer short-term Etalon Trade investment plans. Clients can choose to invest between $10 – 100,000 for between 1-50 days, with returns ranging from between 145% (1 day) and a staggering 3000% after 50. Alternatively, those willing to match higher minimum deposits can earn correspondingly greater percentage returns within a shorter time frame. By forex investment standards, these Etalon Trade ROIs are extremely attractive – and enough to make anyone who knows what they’re doing very suspicious.
Another thing my Etalon Trade review found suspicious is that they include a calculator on their homepage that explains the earnings that clients can expect on their deposit. One of the first red flags we noticed was that all Etalon Trade scam investment programs are marketed as being set in stone. The only mention of any risk that clients may actually lose money is a tiny sidenote in the Etalon Trade website FAQ section. Otherwise, it is presented as a means of literally buying money, which implies that they are targetting novice investors.
Even though they are a young company, you’d expect some kind of proven and independently verified data on prior performance (especially if you’re flinging $100k at them!). Rather worryingly, all they present on the Etalon Trade scam site are claims of having had tens of millions of dollars flow through their program with thousands of customers. None of these figures can be proven, and what is even more concerning is that no attempt is made to do so. Without proof, such statistics simply cannot be taken as truth.
The Etalon Trade Website. Who Is The Real Owner? Facts Revealed !!
This is where things start to deteriorate from concerning to very alarming to my Etalon Trade review team. They are a registered company based in the UK with a genuine company number (10993740) – but don’t get overexcited about this without knowing how little this actually means. No matter what claims they make about their legitimacy, the fact is that anyone can be registered as a company in the UK. It costs a mere £20 ($30ish) to register, and it is only important for tax purposes.
Financial services, on the other hand, are much more tightly regulated. Any individual or company engaged in such business must be registered with the Financial Services Authority (FSA) to operate legally. We looked into this and discovered that the Etalon Trade scam company is not legally registered, and therefore is technically operating illegally if they are actually based in the UK – which we honestly doubt.
Why do we question this? Firstly the pigeon English used throughout the website implies that whoever runs the Etalon Trade website may well be based overseas. Secondly, the address they provide is a flat above a hairdressing salon on a London high street. From what my Etalon Trade review can determine by Google Streetview – this doesn’t look like the HQ of a business with tens of millions of liquidity!
Is The Etalon Trade ROI Really Profitable?
Taken upon first impressions, it does appear that they have been paying out. Their front page ‘shows’ that they have been paying out both tiny and large returns regularly. But wait! Before you plunge your hard-earned savings into an Etalon Trade plan, give it 24 hours and revisit the website tomorrow. Funnily enough, those payouts haven’t changed at all. What can we make of this? It is either just lazy website updating or, much more likely, they have just invented these never-changing figures to try and add a further hint of legitimacy to the Etalon Trade scam.
To date, we haven’t received any complaints from people who claim to have been ripped off by the Etalon Trade scam. However, this could well be because not many people have fallen for it. Anyone with even the slightest bit of trading experience will see that the Etalon Trade review trading system is an HYIP program (which is why they offer a 5% referral system). Even people tempted by using such risky investments will be put off by any system that claims to be some kind of cutting-edge investment platform. So while we cannot say for sure that they are blanket scamming everyone, make no mistake that sooner or later, they’ll do a runner. Forget any notion that this could be a legitimate forex investment plan. It is the exact opposite of the spectrum.
Is Etalon Trade Forex Trading System a Scam?
Despite the shadiness of the entire Etalon Trade scam program, at the end of the day, it comes down to simple sustainability. There is no way that even Mr. Ponzi himself could keep such a scam like this running for a long while matching the projected promised returns. Etalon Trade investment plans are very short-term. This just makes it even more likely that it is an attempt for the crooks running the Etalon Trade review websites to try and grab a fast buck before quickly shutting their site down. Quite simply, we’d be amazed if they were still operating in any legitimate way within a couple of months.
Throw in the total lack of transparency, a fabricated sales pitch, crafty small print, and that they only accept cash via crypto or anonymous currencies; It’s easy to see that this is a really untrustworthy system. By no stretch of the imagination is this a bonafide forex investment opportunity. It is a ponzi scam of the first degree.
Conclusion- Etalon Trade Is a Scam Forex Investment Website. Stay Away!
The Etalon Trade markets itself in a way to appeal to people who believe that they can make money for free. It is one of the oldest tricks in the scam artists handbook, and this is just a very modern way of using such techniques to rip people off. Don’t believe any of their nonsense about being some industry-leading forex traders. Is it likely that they\’d be based on what looks like a scruffy bedsit? Of course not. If they are based in the UK (serious question marks about this), then they are trading illegally. As I mentioned earlier in this Etalon Trade review, Clients who lose their deposits are without any legal protection. They will struggle to ever catch whoever is really running the Etalon Trade scam.
Interestingly enough, they do provide a London telephone number on their contact page. Who better to clear up a few of our questions than the people working for Etalon Trade company themselves? Over a week, we tried to contact them during business hours on 17 occasions. Each time we left a message on their answering machine, we asked for some answers the first few times. Afterwards, and from a different number, we suggested we were interested in making a large deposit. On no occasion did they ever call us back. Make of that what you will – but for us, that makes the Etalon trade scam website a total and utter scam!