Spike Rate Trading Signal Compliant Review
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Spike Rate Trading Signal claims to be an investment portal that is apparently connected with reputable financial institutions. They promise returns ranging from 2.5% to 3% on a daily basis. Information regarding the actual operations are scarce and transparency isn’t present at all. We tried to find the team behind the firm and as expected, hit a dead end.
It is very obvious that the entire thing is a facade. Continue reading to know about their other traits and we urge our readers to avoid interacting with this platform.
What is Spike Rate Trading Signal?
On the surface, Spike Rate Trading Signal claims to be an online investment platform wherein people can invest money and get a fixed return. The kind of space they are in, they are required to be regulated. We did a thorough check and it is clear that they are operating illegally and most of their claims are ridiculously outrageous bluff.
In other words, they won’t be around for long and they are guaranteed to make their clients bleed financially. If they were really able to generate returns of over 3% daily, wouldn’t they be ruling Wall Street?
Investment Plans and Returns
There are 5 investment plans offered by them. Minimum capital required is said to be $10,000 and for the highest package, a capital of $50,000 is required to get the ball rolling. Obviously, the entry barrier is expensive and the risk is skewed against the investor.
Double digit returns within a month is impossible to sustain in the markets and anyone that claims to beat the odds are most probably bluffing. So, don’t be swept away by the fancy claims, instead understand how the equation truly works and make decisions accordingly.
Is Spike Rate Trading Signal Scam or Not?
Spike Rate Trading Signal is a scam and there are no second thoughts about it. First of all, they are operating illegally. Profiles of the owners or team members are hidden and the primary mode of communication is via email. Plus, Australian regulatory authorities have even issued a warning against them.
Given all the facts, think for a moment the kind of odds that are present when it comes to getting the money back from them if anyone makes the mistake of trusting this platform.
Conclusion
There are plenty of opportunities to build wealth. However, all of them will carry risk and it is crucial to find a regulated platform to conduct the trading or investing ventures. Remember, anything that promises a short cut to wealth is most likely to be a scam.