Wisefunds.co Review 5 Reasons Why You Shouldn’t Trade Here!

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

Contents

Wisefunds.co Review: 5 Reasons Why You Shouldn’t Trade Here! [Scam]

WiseFunds Reviews: A legit CFD and Forex trading platform or another scam? Read our reviews to see what experts have to say about Wise Funds online trading platform. We have been receiving a handful of complaints about Wisefunds trading platform. This led to our review of wisefunds.co

This website claims it brings the biggest opportunity in the trading market.. Is Wisefunds.co a reliable online trading platform? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

What Is WiseFunds- Is wisefunds.co Paying?

According to the information on their About Us page “Our mission is simple. We want our clients to take the right decisions in the right moment by using trading market fluctuation in their favor“. They claim their trading platform is safe and transparent, as they are allegedly using the MetaTrader4.

However, there are no proofs to this claim. Their website is pretty convincing, and if given room to be popular, they would easily make away with people’s money.

WiseFunds Details- How To Contact Them

Wisefunds.co Scam Review: Disturbing Things Found

We have had a lot of complaints coming from our readers, and this led us to run a thorough investigation on wisefunds Website. We hope our findings help you make the proper decision about Wise Funds.

  • They claim their company is located at St. Vincent and the Geraldine. This alone is a redflag, as they are located offshore. It is no news that Offshore platforms are a nuisance to investors as they open and close shop without giving any notice. Never trust your funds with offshore platforms as it is likely a scam.
  • The MT4 trading platform they claim to offer is not to be vouched for as they do not even properly secure their website from third party attacks. With this platform, hackers can easily take over and steal vital information such as credit card details. Make sure to stay away from it or else risk losing everything.
  • There is no Regulatory body acting as a watch dog over them. They claim they are licensed in Saint Vincent and the Geraldine, but when we contacted ASIC, CONSOB, CySEC, FCA, NFA, and SEC. None of these institutions has ever heard of this platform.
  • Also, there is no safety of funds. Members of WiseFunds are depositing funds straight to owner’s bank account. You should never expect any compensation as the platform does not participate in a compensatory scheme.
  • Conclusively, WiseFunds don’t offer Demo Account. There is no way you can have a trial to test their efficiency. It is either you deposit money or your are kicked out. This is not how legit trading platforms work, especially if they are a new name in the block.

Why spend your time on this platform when there are other legitimate and sustainable ways of making money?

Reasons Why wisefunds.co an Ideal Trading Platform For You

Well, what more can we say?

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

The people behind this platform provided a shitty graph on their homepage, showing us their four account types.

However, as enticing as it look, these scam artists didn’t notice they double posted the minimum deposit price

How the hell can the accounts listed include Basic, Bronze, Silver, Gold, and Platinum have having different initial deposit?

This simply boils down to rough work. Innit?

Is wisefunds.co Scam or Legitimate?

Though they provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries like the USA are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

The truth is that even the longest paying hyip would one day flop. The system is not sustainable. Why waste your time and money when there are legit and paying bitcoin investment sites? You could even start forex trading with the help of trusted brokers.

wisefunds.co is not worth your time and money

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

Bitcoinmarketscap.com Review: 5 Reasons Why You Shouldn’t Trade Here!

Bitcoin Markets Cap Reviews: A legit investment or another investment scam? Read our reviews to see what experts have to say about BitcoinMarketsCap Investment. This website promises to grow your money. Is Bitcoinmarketscap.com a reliable online trading platform? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams.

In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What Is Bitcoin Markets Cap- Is Bitcoinmarketscap.com Paying?

According to the information on their About Us page “BitcoinMarketsCap is a robust online trading platform, offering trading with Forex CFDs on Bitcoins, Litecoins, indces, precious metals and energy“. They claim their trading platform is safe and transparent.

However, there are no proofs to this claim. Their website is pretty convincing, and if given room to be popular, they would easily make away with people’s money.

Bitcoin Markets Caps Details- How To Contact Them

Bitcoinmarketscap.com Scam Review: Disturbing Things Found

We have had a lot of complaints coming from our readers, and this led us to run a thorough investigation on Bitcoinmarketscap.com Website. We hope our findings help you make the proper decision about Bitcoin Markets Cap.

Firstly, unlike its name suggests, Bitcoin Markets Cap has nothing to do with the cryptocurrency bitcoin, it is an investment service. They four investment plans with returns ranging from 6% to 9% m.t.g. Furthermore, FSMA has issued a warning about Bitcoin Markets Caps after receiving series of complaints from people who were scammed.

Secondly, a broker must pay for regulated licenses to be able to offer trading. BitcoinMarketsCap doesn’t pay for licenses but it does offer trading which is prohibited by law. That is to say, Bitcoin Markets Cap is not Licensed. There is no Regulatory body acting as a watch dog over them. This means, they can abscond with your funds whenever they feel like.

Thirdly, if you check online, you would see that there are a handful of reviews about this broker on Trustpilot. However, when we checked the reviews, we discovered the owner of BMC is consistently blurring genuine reviews from customers, all in the pretense that they are from competitors.

That is a big lie, if you dig well enough, you would realize that a lot of people who had invested in this platform have been unable to withdraw their funds when it got to the time for them to withdraw. This simply means, BMC is a deathtrap, with the intention of trapping your money, and making you look like a loser.

Why spend your time on HYIPs when there are other legitimate and sustainable ways of making money?

Reasons Why Bitcoinmarketscap.com an Ideal Trading Platform For You

Well, what more can we say?

The people behind this platform provided a shitty graph on their homepage, showing us their performance since 2020. But well, the big truth is, when we decided to go back in time, we met dead ends.

That is to say, their claims are unverifiable.

They should give us real leads or links.

If they have been in existence since 2020, why is the internet silent about them?

Is bitcoinmarketscap.com Scam or Legitimate?

Though they provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries like the USA are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

The truth is that even the longest paying hyip would one day flop. The system is not sustainable. Why waste your time and money when there are legit and paying bitcoin investment sites? You could even start forex trading with the help of trusted brokers.

Bitcoinmarketscap.com is not worth your time and money

How To Know Investments Scam Formats

It is true that most of this high yield investment platforms look like the real deal, thus confusing us.However, there are various ways to find out if an investment platform is a lackluster HYIP or if it a trusted investment platform. Below are ways you could find out-

  • ROI- The returns offered. Are they sustainable? Can the funds be shuffled round and get to every investor? are the offers realizable?
  • History- Does the platform have a history? Can the company behind it be found online?
  • Transaparent– How transparent is the information on the website?
  • Contact– Can you reach them? Is the address made available on the platform?

Conclusion-

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. .On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

11 ETF Flaws That Investors Shouldn’t Overlook

Exchange-traded funds (ETFs) can be a great investment vehicle for small and large investors alike. These popular funds, which are similar to mutual funds but trade like stocks, have become a popular choice among investors looking to broaden the diversity of their portfolios without increasing the time and effort they have to spend managing and allocating their investments.

However, there are some disadvantages that investors need to be aware of before jumping into the world of ETFs.

Key Takeaways

  • ETFs have become incredibly popular investments for both active and passive investors alike.
  • While ETFs do provide low-cost access to a variety of asset classes, industry sectors, and international markets, they do carry some unique risks.
  • Understanding the particulars of ETF investing is important so that you are not caught off guard in case something happens.

5 ETF Flaws You Shouldn’t Overlook

Trading Fees

One of the biggest advantages of ETFs is that they trade like stocks. An ETF invests in a portfolio of separate companies, typically linked by a common sector or theme. Investors simply buy the ETF in order to reap the benefits of investing in that larger portfolio all at once.

As a result of the stock-like nature of ETFs, investors can buy and sell during market hours, as well as put advanced orders on the purchase such as limits and stops. Conversely, a typical mutual fund purchase is made after the market closes, once the net asset value of the fund is calculated.

Every time you buy or sell a stock, you pay a commission. This is also the case when it comes to buying and selling ETFs. Depending on how often you trade an ETF, trading fees can quickly add up and reduce your investment’s performance. No-load mutual funds, on the other hand, are sold without a commission or sales charge, which makes them advantageous, in this regard, compared to ETFs. It is important to be aware of trading fees when comparing an investment in ETFs to a similar investment in a mutual fund.

If you are deciding between similar ETFs and mutual funds, be aware of the different fee structures of each, including the trading fees. And remember, actively trading ETFs, as with stocks, can severely reduce your investment performance with commissions quickly piling up.

The specifics of ETF trading fees depend largely upon the funds themselves, as well as the fund providers. Most ETFs charge under $10 in fees per order. In many cases, providers like Vanguard and Schwab allow regular customers to buy and sell ETFs without a fee. As ETFs have continued to grow in popularity, there has also been a rise in commission-free funds as well.

It’s also important for investors to be aware of an ETF’s expense ratio. The expense ratio is a measure of what percentage of a fund’s total assets are required to cover various operating expenses each year. While this is not exactly the same as a fee that an investor pays to the fund, it has a similar effect: the higher the expense ratio, the lower the total returns will be for investors. ETFs are known for having very low expense ratios relative to many other investment vehicles. For investors comparing multiple ETFs, this is definitely something to be aware of.

Underlying Fluctuations and Risks

ETFs, like mutual funds, are often lauded for the diversification they offer investors. However, it is important to note that just because an ETF contains more than one underlying position doesn’t mean that it can’t be affected by volatility. The potential for large swings will mainly depend on the scope of the fund. An ETF that tracks a broad market index such as the S&P 500 is likely to be less volatile than an ETF that tracks a specific industry or sector such as an oil services ETF.

Therefore, it is vital to be aware of the fund’s focus and what types of investments it includes. As ETFs have continued to grow increasingly specific along with the solidification and popularization of the industry, this has become even more of a concern.

In the case of international or global ETFs, the fundamentals of the country that the ETF is following are important, as is the creditworthiness of the currency in that country. Economic and social instability will also play a huge role in determining the success of any ETF that invests in a particular country or region. These factors must be kept in mind when making decisions regarding the viability of an ETF.

The rule here is to know what the ETF is tracking and understand the underlying risks associated with it. Don’t be lulled into thinking that because some ETFs offer low volatility that all of these funds are the same.

Lack of Liquidity

The biggest factor in an ETF, stock or anything else that is traded publicly is liquidity. Liquidity means that when you buy something, there is enough trading interest that you will be able to get out of it relatively quickly without moving the price.

If an ETF is thinly traded, there can be problems getting out of the investment, depending on the size of your position in relation to the average trading volume. The biggest sign of an illiquid investment is large spreads between the bid and ask. You need to make sure an ETF is liquid before buying it, and the best way to do this is to study the spreads and the market movements over a week or month.

The rule here is to make sure that the ETF you are interested in does not have large spreads between the bid and ask prices.

Capital Gains Distributions

In some cases, an ETF will distribute capital gains to shareholders. This is not always desirable for ETF holders, as shareholders are responsible for paying the capital gains tax. It is usually better if the fund retains the capital gains and invests them, rather than distributing them and creating a tax liability for the investor. Investors will usually want to re-invest those capital gains distributions and, in order to do this, they will need to go back to their brokers to buy more shares, which creates new fees.

Because different ETFs treat capital gains distributions in various ways, it can be a challenge for investors to stay apprised of the funds they take part in. It’s also crucial for an investor to learn about the way an ETF treats capital gains distributions before investing in that fund.

How to Invest in ETFs

Buying an ETF with a lump sum is simple. Say $10,000 is what you want to invest in a particular ETF. You calculate how many shares you can buy and what the cost of the commission will be and you get a certain number of shares for your money.

However, there is also the tried-and-true small investor’s way of building a position: dollar-cost averaging. With this method, you take the same $10,000 and invest it in monthly increments of, say, $1,000. It’s called dollar-cost averaging because in some months you will buy fewer shares with that $1,000 as a result of the price being higher. In other months, the share prices will be lower and you will be able to buy more shares.

Of course, the big problem with this strategy is that ETFs are traded like stocks; therefore, every time you want to purchase $1,000 worth of that particular ETF, you have to pay your broker a commission to do so. As a result, it can become more costly to build a position in an ETF with monthly investments. For this reason, trading an ETF favors the lump sum approach.

The rule here is to try to invest a lump sum at one time to cut down on brokerage fees.

Leveraged ETFs

When it comes to risk considerations, many investors opt for ETFs because they feel that they are less risky than other modes of investment. We’ve already addressed issues of volatility above, but it’s important to recognize that certain classes of ETFs are inherently significantly more risky as investments as compared with others.

Leveraged ETFs are a good example. These ETFs tend to experience value decay as time goes on and due to daily resets. This can happen even as an underlying index is thriving. Many analysts caution investors against buying leveraged ETFs at all. Those investors that do take this approach should watch their investments carefully and be mindful of the risks.

ETFs vs. ETNs

Because they look similar on the page, ETFs and exchange-traded notes (ETNs) are often confused with each other. However, investors should remember that these are very different investment vehicles. ETNs will have a stated strategy: they also track an underlying index of commodities or stocks, and they also have an expense ratio, among other features.

Nonetheless, ETNs tend to have a different set of risks from ETFs. ETNs face the risk of the solvency of an issuing company. If an issuing bank for an ETN declares bankruptcy, investors are often out of luck. It’s a different risk from those associated with ETFs, and it’s something that investors eager to jump on board the ETF trend may not be aware of.

Loss of Taxable Income Control

An investor who buys shares in a pool of different individual stocks has more flexibility than one who buys the same group of stocks in an ETF. One way that this disadvantages the ETF investor is in his or her ability to control tax loss harvesting. If the price of a stock goes down, an investor can sell shares at a loss, thereby reducing total capital gains and taxable income, to a certain extent. Those investors holding the same stock through an ETF don’t have the same luxury; the ETF determines when to adjust its portfolio, and the investor has to buy or sell an entire lot of stocks, rather than individual names.

Price vs. Underlying Value

Like stocks, the price of an ETF can sometimes be different from that ETF’s underlying value. This can lead to situations in which an investor might actually pay a premium above and beyond the cost of the underlying stocks or commodities in an ETF portfolio just to buy that ETF. This is uncommon and is typically corrected over time, but it’s important to recognize as a risk one takes when buying or selling an ETF.

Issues of Control

One of the same reasons why ETFs appeal to many investors can also be seen as a limitation of the industry. Investors typically do not have a say in the individual stocks in an ETF’s underlying index. This means that an investor looking to avoid a particular company or industry for a reason such as moral conflict does not have the same level of control as an investor focused on individual stocks. An ETF investor does not have to take the time to select the individual stocks making up the portfolio; on the other hand, the investor cannot exclude stocks without eliminating his or her investment in the entire ETF.

ETF Performance Expectations

While it’s not a flaw in the same sense as some of the previously mentioned items, investors should go into ETF investing with an accurate idea of what to expect from the performance.

ETFs are most often linked to a benchmarking index, meaning that they are often designed to not outperform that index. Investors looking for this type of outperformance (which also, of course, carries added risks) should perhaps look to other opportunities.

The Bottom Line

Now that you know the risks that come with ETFs, you can make better investment decisions. ETFs have seen spectacular growth in popularity and, in many cases, this popularity is well deserved. But, like all good things, ETFs also have their drawbacks.

Making sound investment decisions requires knowing all of the facts about a particular investment vehicle, and ETFs are no different. Knowing the disadvantages will help steer you away from potential pitfalls and, if all goes well, toward tidy profits.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Options Broker 2020!
    Ideal for beginners!
    Free Demo Account + Free Trading Education!
    Get a Sign-up Bonus:

  • BINOMO
    BINOMO

    2nd place in the ranking!

Like this post? Please share to your friends:
All About Binary Options Trading
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: