In this review we analyze the Nevis Trade scam and advise to stay away as far as possible from it.
The company is registered in the United Kingdom and it provides five different investment plans. Returns go up to 5% daily for 50 days.
Is this a genuine investment opportunity?
Nevis Trade scam
They promise up to 5% daily for 50 days, which means 250% after 50 days. It is 150% net after 50 days, which equals to 90% net in one month.
And it should be basic knowledge that 90% net returns are something of a dream in one year and something impossible in one month, at least on a regular basis.
Just to be clear, anybody offering you 90% net monthly is a scammer, there just is no other possibility, this is a fact.
This is because it has no license from the Financial Conduct Authority to provide investment services. When a company has public investment plans, it has to be authorized by financial regulators, which Nevis Trade simply is not. It makes it an illegal investment service and its clients are not protected in any way.
How it works
We have reviewed tons of scams like Nevis Trade, so we can explain to you how they really work. They operate as Ponzi schemes, which means that they collect money on deposits and use some of that money to pay out first profits.
This way they attract more people to the system and they hope that more and more deposits will come to let the scam run as long as possible.
But there always comes the day when the house of cards collapses and people realize they were scammed. It is inevitable, it is just a matter of time.
Nevis Trade is a dirty scam, an illegal investment scheme that can only lose money, stay away from it.
If you are interested in real investing, open a free demo account with a regulated broker and start experimenting with virtual money.
If you decide to invest real money, be sure to have a strategy and to understand the risks.