We had a close look at IQ Trade 247 and we found out that it is a scam that you have to avoid.
What IQtrade247 is about
IQtrade247 is said to be a private investment firm that provides asset management services. It also does cryptocurrencies mining and trading.
The company says it provide the best returns on your investment, however no number are given, at least not on the main website.
IQ Trade 247 is a scam
Because the company is providing false information, it clearly is a dangerous scam.
iqtrade247 say they are regulated by the CySEC in Cyprus and by the FSC in the US. But it is not true.
A quick search in the CySEC’s register showed that there is no company of this name licensed in Cyprus.
Meanwhile no entity called American Financial Services Commission exists in the United States.
The website of the company features testimonials that are supposed to persuade you that the program is really profitable.
But the testimonials and reviews are fake. Check our picture and see that they used stock photos, these people are not real users, they don’t even know about this program.
IQtrade247 is promising great returns on investment, but it obviously is a scam. They will just take your money and that will be it.
Maybe they will try to run a Ponzi scheme, so you might receive some money at the beginning, but a total collapse is just a matter of time in such cases.
The safest thing to do is not to put any money in programs like this one.
IQtrade247 is a scam, it is not regulated, everything on its website is a lie. You have to avoid it!
If you want to try financial trading to make money, begin on a free demo with a regulated broker.
This is a risk free way to see how everything works and to see whether you will be able to trade profitably.