Bitdax Global (bitdaxglobal.com) is an online investment opportunity which claims to earn its users an average returns of up to 1% per day. There is no sort of credible proof to support their claims. While we were investigating this service we found many inconclusive factors which raises a lot of concerns. Read our full review to find out why you should stay away from this unregulated investment firm.
Bitdax Global Scam Warning-
Bitdax Global About Us page reveals some pictures of the members behind this platform. However, we were not able to find much information about them anywhere on the internet except their website. There is a level of anonymity surrounding this firm which makes us uncomfortable while dealing with them.
Bitdax Global represents an ICO wherein it requires its members to invest certain amount of money and in return they are provided with a fixed predetermined returns. While we were trying to validate their operations we were unable to find any certificates confirming licenses they must lawfully hold. We have confirmed through FCA Bitdax Global has never been licensed which means that they are trading and investing for their clients illegally.
Bitdax Global claims to do a lot of things at once. First we are told that this firm actively trades forex, stock and cryptocurrency market but at the same time claims to be a mining solution. This is just an attempt to lure in more people by featuring a wide investment spectrum.
Bitdax Global does not talk anything about how the signals are generated by the software. We are only told that the trades are picked up by its algorithm. We do not know which indicators or parameters it considers before entering a trade. There is no assurance about the reliability of the software. How can an investor trust this firm with their funds without knowing the win rate and draw downs of the trading system it follows?
Bitdax Global claims to earn its users average returns of 1% per day. These type of returns is not only difficult to achieve but also highly unlikely. High return claims are used to catch your attention and fool you into thinking that you can become rich very quickly. Ask yourself if this firm could really produce the type of returns as advertised with little to no risk associated why would they offer it to the public for a minimal cost?
If you face any type of problem on this platform, the support team can be reached through telephone and email.
Bitdax Global encourages the users to refer more people and even provides them incentives to do that. Like most fraudulent investments their main goal is to make as much money as possible from registrations as possible before they get shut down.
Bitdax Global Review Conclusion-
Bitdax Global is a high yield investment program which promises high returns to its users which are impossible to deliver on a consistent basis. Keep your money safe and stay away from this scam.
Review Date: 2018/06/04
Author Rating: 1/5
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