DMHourly (dmhourly.biz) is an high yield investment program which advertises returns of up to 400% after 3 days. This platform is just a couple of months old as of writing this post. Within this short while there have been many complaints about this platform regarding withdrawal denials and account blocking. When we were investigating this firm, we were convinced that it is a scam. Read our full review to find out all the reasons to avoid this phony investment opportunity.
DMHourly Scam Warning-
There is no About Us section on this website. The actual creators have succeeded in maintaining complete anonymity. The lack of transparency and pseudo names of the creators are some of the common traits seen in every fake investment programs. Remember transparency is a key element when it comes to any type of investing online.
DMHourly offers investment advice and packages. Since they raise money from their clients for investing and trading purpose they have to be regulated by FCA. While we were trying to find any certificates confirming licenses, there weren’t any which means it is an illegal firm. As always we recommend everyone to stay away from unregulated firms and not to indulge with them in any way.
DMHourly claims to be actively trading in the forex markets. It does not provide much information about the signal generation process. We are not told based on which type of analysis trading bias is created. We do not know which parameters it considers before initiating a trade on a specific currency pair. There is no verifiable report showing win rate and draw downs of there so called experienced traders. The actual fact is that these scammers are not at all bothered about providing the basic answers about the working nature of their firm.
DMHourly boasts of generating returns of up to 400% after 3 days. These type of returns are extremely appealing but sadly that is not the way how world works. The type of returns displayed on their platform is outright lies and it is impossible to achieve on a consistent basis. Claiming to generate high returns within a small time frame are the tricks used to take advantage of greedy newbie investors and convince them into thinking that they can become rich very quickly. Ask yourself if this firm could really generate returns as advertised with little to no risk associated why would they offer it to the public for free?
Most of the reputable firms features a detailed document showing the performance of their firm during various market cycle to insist confidence among the investors. DMHourly does not have any sort of credible proof to prove that they are profitable and in some way they don’t bother to provide answers to the basic questions every investors has. How can they expect the investors to trust this firm with their funds without providing them a way to test out their software or show verifiable trading history?
The support team of this firm can be reached through email only. Isn’t it strange despite all the bold claims this platform does not have a dedicated telephone helpline to assist their clients.
The basic investment plan on this platform starts at $5 and goes up to $2,001. For supposed high returns investors have to select expensive plans. The deposit and withdrawal methods accepted by this platform are Bitcoin, Litecoin, BitcoinCash, Ethereum, PerfectMoney, Payeer and advcash. They state that the withdrawals are processed instantly.
DMHourly encourages its existing users and affiliates to bring in more people and in return provide them with nice rewards. Surprisingly in order for the affiliates to get their commission they have to be an active investor. This is a new trick for a scam to appear more trustworthy but in actuality they are only doing this to gather more victims and earn money through the registrations and other affiliations.
DMHourly Review Conclusion-
DMHourly is a lousy get rich quick scheme operating illegally. Do not give them a chance to run away with your money.
Review Date: 2018/06/23
Author Rating: 1/5
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