Houramazing (houramazing.com) is a high yield investment program which claims to earn its users returns of up to 90,000% returns after just 96 hours. The returns claims are downright lies. While we were investigating this service we found a lot of false claims which makes us question the legitimacy about their firm. Read our full review to find out why you should stay away from this scam at any cost.
Houramazing Scam Warning-
There is no information available about the creators or developers behind this platform. The anonymous nature of the creators and the lack of transparency are the traits of a scam.
Houramazing claims to do a lot of things at once. It states that it is actively trading in crypto market, forex and at the same time states to be actively mining cryptocurrencies. This is an attempt to appeal to more investors by featuring a wide investment spectrum.
Houramazing does not talk anything about how the signals are generated or how the funds are allocated? We do not know which parameters are considered by this firm before executing the trades. There is no report of previous performance report of these so called expert traders. How can they expect the investors to trust their firm without telling them how their funds will be handled and the trading system it follows.
Houramazing claims to earn its users returns of up to 90,000% after just 96 hours. These type of returns are not only difficult to achieve but also highly unlikely. The platform displays different investment plan where in for higher returns the users have to increase their starting deposit. High return claims are used just to catch your attention and trick you into thinking that you can become rich very quickly. Ask yourself if this platform could really generate the type of returns as advertised with little to no risk associated why would they offer it to the public for a minimal cost?
Houramazing represents an ICO wherein it requires its members to invest certain amount of money and in return they are promised a fixed predetermined returns. While we were trying to validate their operation we were unable to find any certificates confirming licenses they must lawfully hold. We have confirmed through FCA BTC Mining Option has never been licensed which means they are trading and investing for their clients illegally.
If the users encounter any kind of problem on the platform, the support team can be reached through email and telephone.
A minimum deposit of at least $50 is required in order to get started with the platform. The deposit and withdrawal methods supported by this platform are Perfect Money, Bitcoin, Payeer and Bitcoin Cash.
Houramazing features many characteristics similar to a ponzi or a pyramid 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 referrals. Note that the affiliates do not have to be an active investor in order to get their commissions.
Houramazing Review Conclusion-
Houramazing is a typical high yield investment program which is operating illegally. Keep your money safe and stay away from this scam.
Review Date: 2018/06/12
Author Rating: 1/5
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