SCAM series review: Mining FX Markets, Ultra FX Market, FX Coinstocks…

Mining FX Market

In this review we expose a scam network that is using investment offers to steal money from people.

What it is about

We have found a set of websites with the following names: Mining FX Markets, Ultra FX Market, FX Coinstocks, Alternative Stocktrading, 247 CoinifyPips, Forex Ultra Market, 360 Capitals OptionFXtrade, Spins Capitals, 360 Capitals OptionFxTrade, Premium Bit Market, Coin Wealth Invest, Expertstoct FXtrade and DailyFX Capital.

All these websites offer different investment plans to the public. Daily returns on investment start at 15% and go all the way up to 35%.

These platform mostly claim that they are making money in cryptocurrency trading and that they are fully registered and authorized to provide this kind of investment services.

But is it true, are they legit?

Big scam

All the reviewed platforms in this article are in fact a scam. They are not authorized, they won’t earn you any money and they have been lying about plenty of things. Here is a detailed explanation.

Fraudulent clones

The reason why we have included Mining FX Markets, Ultra FX Market, FX Coinstocks, Alternative Stocktrading, 247 CoinifyPips, Forex Ultra Market, 360 Capitals OptionFXtrade, Spins Capitals, 360 Capitals OptionFxTrade, Premium Bit Market, Coin Wealth Invest, Expertstoct FXtrade and DailyFX Capital in the same review is because they are identical.

As you can see in our picture below, all these investment platforms have the exact same website with the exact same texts.

Which is a first proof that they are a scam. Because they claim to be unique investment companies with their own registration, but their websites tell a different story.

Scam comparison

Not registered and illegal

Speaking of company registrations, all the platforms claim to be registered in the United Kingdom and fully authorized all over the world.

But it is not true. All the certificates they show on their websites are fake, forged if you will. And it is easy to prove, you just have to do a search with the Companies House.

Also, the platforms certainly are not authorized to provide investment service. Again, this is a thing you can verify with the Financial Conduct Authority.

To sum this part up, all the reviewed platforms are lying abut being registered and regulated, which is the second proof they are fraudulent.

Company data example

Fake testimonials

Scammers running the websites mentioned in this article are very lazy. When faking testimonials for their platforms, they did it just once and used the same user reviews on all of them.

As you can see in our picture below, the names and faces of the users are always the same, even the success stories don’t differ. They only edited the name of the platform in every testimonial.

So this is another proof that all these investment platforms are in fact the same scam.

Forged testimonials

Ridiculous plans

And finally, let’s address the investment plans. With 15% and higher daily returns they just scream scam! People often don’t want to hear this, but such returns are impossible in the real world.

No legitimate investment platform can earn 15% daily to its users. Not even monthly. That’s just the way it is. You have to accept this fact, it will help you tremendously in avoiding investment scams.

Investment plans

How it all works

Mining FX Markets, Ultra FX Market, FX Coinstocks, Alternative Stocktrading, 247 CoinifyPips, Forex Ultra Market, 360 Capitals OptionFXtrade, Spins Capitals, 360 Capitals OptionFxTrade, Premium Bit Market, Coin Wealth Invest, Expertstoct FXtrade and DailyFX Capital are just simple scams.

It means they will take your money and pay you nothing back. That’s all. Because they can’t even run as Ponzi schemes, the promised daily returns are too high even for Ponzi scams.

Which leaves them with the only option of not paying anything to the users. Everything they do is aimed at your wallet, they just need to persuade you to send them money. If you do, they will win and you will lose.

And since all the payments are done in cryptocurrencies, getting your money would be extremely difficult. That is why you have to stay away.

Conclusion

Mining FX Markets, Ultra FX Market, FX Coinstocks, Alternative Stocktrading, 247 CoinifyPips, Forex Ultra Market, 360 Capitals OptionFXtrade, Spins Capitals, 360 Capitals OptionFxTrade, Premium Bit Market, Coin Wealth Invest, Expertstoct FXtrade and DailyFX Capital are one big scam that is not paying its users. You have to stay away from them.

If you are interested in legit financial trading, you can try it on a free demo with a regulated broker.

Always bear in mind that trading is risky, you have to fully understand that before you invest any real money.

Please share this review to help inform other people.

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