HourlyInc (hourlyinc.com) is an online investment opportunity which claims to earn its users returns of up to 8% after just 30 hours. While we were investigating this service we found many misleading and inconclusive factors which raises a lot of concerns. Read our full review to find out why you should stay away from this scam.
HourlyInc Scam Warning-
There is no information available about the creators or developers behind this platform. The lack of transparency and the level of anonymity surrounding this firm makes us more suspicious about their service.
HourlyInc does not talk anything about how the funds raised from investors will be utilized? We are only told that the funds are handled by a group of alleged forex experts. We do not know which parameters it considers before executing a trade. HourlyInc does not provide assurance about the reliability of the software. How can an investor trust this platform with their funds without knowing the win rate and draw downs of the trading system?
HourlyInc claims to earn its users returns of up to 8% after 30 hours. These type of returns are not only difficult to achieve but impossible to deliver on a consistent basis. High return claims are used to catch your attention and trick you into believing that you can become rich very quickly. Ask yourself if this firm could really produce the type of returns as advertised why would they offer it to the public for a minimal cost?
HourlyInc represents an ICO wherein it requires its members to invest a certain amount of money and in return they are provided with a fixed predetermined returns. While we were trying to validate their service we could not find any certificates confirming licenses they must lawfully hold. We have confirmed through the FCA HourlyInc has never been licensed which means they are trading and investing for their clients illegally.
If you encounter any kind of problem on this platform the only way to contact the support team is through email.
The deposit and withdrawal methods supported by this platform are Perfect Money, Payeer and AdvCash. We do not know how long it takes for the withdrawals to get processed.
HourlyInc features characteristics similar to a ponzi scheme. Like most fraudulent investments their main goal is to make as much money as possible from registrations before they get shut down. The affiliates are paid a percentage of deposits made by their clients. Note that the affiliates do not have to be an active investor in order to get their commissions.
HourlyInc Review Conclusion-
HourlyInc is a high yield investment program which is operating illegally. Do not give them a chance to run away with your money.
Review Date: 2018/05/26
Author Rating: 1/5
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