Welcome to this Trust Million Binary Fx Review. Are you looking at diversifying your portfolio? Perhaps you are looking at getting into the game of Cryptocurrency and want to buy some bitcoin. And you are wondering if you should use the Trust Million Binary FX exchange?
Is Trust Millions Binary Fx legit or is it a scam? Is it the best cryptocurrency trading platform? I tested it out and compared it to some of the other exchange networks that I usually use. In this review, I am going to share with you what I believe are 4 red flags about this network.
Congratulations by the way for taking the time to do your research. It shows you will not accept things at face value. And that’s a good thing as there are tons of online scams. There is also a legit way to make money online.
So, let’s dive into this Trust Million Binary FX review.
TRUST MILLION BINARY FX -SUMMARY BOX
PRICE TO JOIN: $500
Do I Recommend it? No
OVERALL RATING: 0.5/5
This is a cryptocurrency trading platform. There are many red flags associated with this cryptocurrency exchange.
You can invest in cryptocurrency, and there are regulated platforms that can help you to get started. In my opinion, Trust Million Binary Fx is a site that cannot be trusted.
My Recommendation: If you are interested in building a business with real income potential, that is affordable to start, click below :
What is Trust Million Binary FX All About?
It is a platform that allows you to buy and trade cryptocurrency. In addition, they also offer investment plans that allow one to earn a passive ROI.
According to the official website, the company is in existence for the past 17 years. Apparently, they process around 165 000 transactions a day and are operational in 127 countries.
Now I am going to talk about some of the red flags of this business opportunity.
5 Red Flags of Trust Millions Binary Fx
Red Flag NR.1: No e-mail confirmation or 2-step verification
Registration is free when joining the Trust Million Binary Fx platform as is the case with most of the other cryptocurrency trading platforms.
However, I believe this platform falls short by not implementing stricter measures to safeguard one’s account.
For instance, when you first create an account, usually they send an email for you to authenticate your credentials. There are no email verification steps.
And secondly, they do not have any withdrawal or deposit limits. Most of the crypto exchanges such as Kraken and Luno that I use have verification limits. You have to provide them with documentation to verify your residential address, identity, and so forth for them to unlock the deposit or withdrawal limits.
Trust Million Binary Fx has none of these measures in place.
Red Flag Nr.2: No Positive Reviews
I am not referring to the reviews on the official Trust Millions Binary fx website. I will talk about them shortly. What I am referring to, are the testimonials on 3rd party review sites. One such site is Trustpilot.com
They scored a very low rating of 2.7 out of 5 stars.
The main complaint was that people were unable to receive their money when it comes to withdrawal time.
Red Flag Nr.3: Claim To Be Around Since Bitcoin was Invented
According to the official Trust Millions Binary Fx website, they have been in the market for 17 years. Or since Bitcoin came into creation.
This is simply not true. I checked out the Whois domain name registration and learned that the domain was officially created on the 16th March 2021.
Red Flag Nr. 4: No owner transparency or Social Media presence
There is no record of any founders or owners of the business. There are social media icons, but none of them work.
If they claim to have been around for 17 years, surely they should have some social media presence. Most companies do.
Red Flag Nr.5: Fake Site Testimonials
There are a few testimonials on the official Trust Millions Binary website.
One of these testimonials is that of a man by the name of Rice Harry. Apparently, he has made 4 successful withdrawals on the platform.
It turns out that the picture of Mr. Rice Harry is available in other places as well. Take a look below :
Apart from Rice Harry, he goes by other names such as Thomas Barris or Marcus Branson. Can you really trust these testimonials?
In addition to these testimonials, there are also small pop-ups of folks who have apparently made profits from using the platform.
These pop-ups look like this :
At this point, you might be wondering to yourself, how exactly can one make money using this platform?
And I am going to show that next.
How to Make Money With Trust Million Binary FX?
In the main member’s area, there is a tab that reads “investment plans.” If you were to click on this tab, you would find 3 different packages that you can invest in.
The investment plans start from $500(the silver package), right up to $16000 (the premium package).
For the silver package, you earn a daily profit of 10%, with the gold package it is 20%, and the premium package is 30%.
According to their terms and conditions, there are no withdrawal limits. And they have various payment methods such as Bitcoin, Paypal, MoneyGram, and Western Union.
What I Like About Trust Millions Binary Fx
There is not much to like on this site. The membership area is not professional looking like other cryptocurrency exchanges.
What I Do Not Like About Trust Millions Binary Fx
- No owner transparency
- False and misleading money claims
- Unverified testimonials
- 5 red flags as mentioned above
Is Trust Millions Binary Fx a Scam? My Personal Opinion
In my opinion, Trust Millions Binary Fx is not a website that should be trusted.
I was sent the companies business proposal via Telegram. I noticed that these days scammers tend to use Telegram to lure people in.
They make the offer look quite attractive and they promise quick returns. And besides Trustpilot, even on quora.com, folks were sharing their stories on how they lost money to this venture.
It seems like it’s a common pattern, where they ask you to invest a small amount initially. Then in order to withdraw your earnings, they ask you to pay a service fee. Before you know it, the amounts keep going up higher and higher. Eventually, you end up spending more and get back nothing in return.
There are many of these Crypto scams that are doing the rounds. Some of them even adopt a multi-level marketing pay plan. They get people to invest in their VIP packages. They then promise the folks more commissions if they can recruit their fellow friends and family.
Take a look at some of these Crypto MLM’S schemes that I have reviewed here :
Many of these operations are unregulated, have no owners, and market the idea of earning lucrative daily profits with little or no effort. I believe that Trust Millions Binary Fx falls into this category and one should steer clear from this opportunity.
Is There A Way To Invest Into CryptoCurrency Safely?
Yes, there is.
You can use the regulated cryptocurrency platforms. Some of them are Binance, Kracken, and Luno. You will find that it will take a while to get your account fully verified. But at the end of the day, you know that your withdrawals and deposits are in safer hands.
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Thanks so much for joining me on this Trust Million Binary Fx review.
I hope that it has helped you out.
Looking forward to hearing from you.
Wish you everything of the best in your online success,
Kind Regards and Take Care