Website Name
forextradinginvestment.net
Website Type
Online Investment Platform
Is Forextradinginvestment Fake or Real?
Fake
Why is Forextradinginvestment Fake?
Forex Trading Investment (forextradinginvestment.net) is a website that claims to generate profits for investors through crypto mining. This is an automatic red flag because the site’s URL clearly says ‘forex trading’ which has zero relation to cryptocurrency mining. Forextradinginvestment also claims to be registered in the UK, but no registration details have been provided.
Forextradinginvestment promises returns as ludicrously high as 3,000%. Such returns are not realistic or sustainable and make it obvious that the website is a scam. Forextradinginvestment also has a referral commission program where users can earn 5% commissions on deposits of their referrals. This indicates that the platform may be a pyramid scheme if not outright fraud.
A domain name lookup of the website shows that it was registered on 30th March 2022. The registrant’s details such as name, location and contact details have been hidden using a privacy guard. Therefore, forextradinginvestment.net is a new website that is being operated anonymously from an unknown country.
Even though it is obvious that Forextradinginvestment’s website did not exist before March 2022, the website footer blatantly lies that the site is active since 2013. There is absolutely no evidence of this being true.
The website is poorly made and appears to be created using a cheap template, as with most fake investment platforms. Upon analyzing the website’s content, I found that all the text on the website has been copied and used on at least 456 other websites, all of which are likely to be scams. The list of sites is given at the end of the article. I also found that there are several websites that are clones of Forextradinginvestment, suggesting that the same scammers may be operating a large number of websites.
Even the client testimonials on the home page are fake as the people don’t exist. The images are stock photos and the same text can be found on several other fake investment websites.
Forextradinginvestment does not have a social media presence. The contact details provided on the website are clearly fake as the address is not an address at all. The phone number is a VoIP line that can be operated anywhere in the world. The number is registered in the USA even though Forextradinginvestment claims to be registered in the UK. The line is used for anonymous communication through WhatsApp. As the website owners are using only anonymous methods to communicate, it appears that they are deliberately trying to hide their identity.
I could not find any client reviews of Forextradinginvestment online. If you want to share your review of this platform, you can do so in the comments below or on my social media pages.
Conclusion
It seems quite apparent that Forextradinginvestment and the 456 similar websites are likely to be scams. There are several signs suggesting it is not a genuine crypto mining and investment firm. The website is new and is being operated anonymously. The returns being promised are too good to be true.
The site is being run by unknown owners since March 2022 and there is nothing to suggest that it is a legitimate business. The website owners are lying that the company is active since 2013, even though there is no proof of this. I was able to trace 456 other websites that are similar, if not identical, to Forextradinginvestment and all seem to be scams.
The company has no social media presence and can only be contacted anonymously by email and WhatsApp. No client reviews could be found online.
It is advisable to avoid investing with Forextradinginvestment or the 456 similar sites as there are no reasons to believe that they are genuine crypto mining platforms. As a general rule, never send crypto to strangers as it cannot be recovered.
How to Get Your Money Back from a Scam
Remember: If something seems too good to be true, it probably is.
To read about other Investment Scams, click here.
If you found this information useful, please consider supporting my work.
If you have been a victim of an investment scam, you can take the following steps:
- File a complaint with the payment portal. However, investment scammers mostly use methods such as Bitcoin, Western Union, MoneyGram and other untraceable methods which make refunds impossible.
- File a formal police complaint with the Cybercrime department.
- Leave a negative review on review portals such as ScamAdviser and TrustPilot.
- Report the website to Google using the Suspicious Site Reporter extension for Chrome
- Give a low rating to the website on Web of Trust. You can also install their extension for the same.
- If the company has a listing on Google My Business or Google Maps, file a complaint using the Business Redressal Complaint Form. Also, leave a negative review explaining what kind of experience you had.
- Report the scam site to web filtering companies.
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