FX Trading Corporation is a scam, not a genuine or trustworthy company. Yes, we agree that it may pay a few members but that doesn’t make it legal or sustainable. It will stop paying sooner or later due to which the majority of members will lose their money. Why? Well, let’s find out the answer in detail through our FXTradingCorp review here.
Why is an FX Trading Corporation scam?
# It is a Ponzi scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the general public to stay out of the Ponzi scheme due to its unsustainable nature. The majority of members will lose their money in Ponzi scheme and only a few ones who join the system at first will make some few bucks due to which you will find out few people who promote and support some Ponzi schemes.
# We can say that it is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay up to 2.5% profit daily until members achieve a 400% profit of the initial investment by using the money of members in the forex and cryptocurrencies automated trading using crypto trading BOT. But, it fails to provide the proof of the existence of its so-called business or BOT which proves it doesn’t have any real source of income and only can pay members by routing the money between the members which is not a sustainable business.
# All the Ponzi schemes like this trick people by showing the real payment proofs because they pay few members at starting by routing the money between the members so that they can lure more people into their scheme by showing those payment proofs. However, it is practically not possible to pay all members in that way because when they pay one member, they need to use the money invested by other two members so that they can pay the principle and profit to that one member. But, whenever they pay members in that way, they will create a debt equal to the amount of profit that they use to pay the members. So, even Ponzi schemes like this one want to pay all members they can’t because day by day the debt will be kept on increasing and they will not have enough fund to pay all members. That’s why Ponzi schemes like FXTradingCorp are illegal schemes.
# Don't fall into the trick of their event management such as their Open FX Dubai First Anniversary event. Lots of Ponzi schemes in the past had already organized such events to trick people to believe them. However, at last those Ponzi schemes run away with the money of the majority of the members. Some of them even get caught by legal authorities.
# Legal authorities have already issued warnings to the general public to stay out of Ponzi schemes like this. So, if you still don't believe us, you can ask the legal authorities in your country to check the business of FX Trading Corporation, then you will find out the reality yourself.
Now you know that FXTradingCorp is a Ponzi scheme and so it is a scam. That’s why we have listed it within our “Scams” category which means we don’t recommend you to invest in FX Trading Corporation.
Actually, these days there are many Ponzi schemes online such as XCrypto, SuperCrypto, AntiMining, GoldBuildTrade, HourlyPay, TrustBox, CashDeposit, BTCValue, Bit Alpha, BoostMiner, HourBull, Wullex, Hooplex, MiningTower and so on. So, stay away from any sites which show you easy money.
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Good Luck !
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