Sigmatex claims to be a company that is one of the leaders of the international online investment market.
It is also an online investment platform with one investment plan that is supposed to make you 150% in 24 hours, which means 4500% per month.
Can you really make a 45x return on your investment in one month?
Let’s put it straight, Signatex is just a scam, a Ponzi scheme. It means that profits might be paid for some time, but new deposits will be used for that.
Inevitably there will be a day when withdrawals exceed deposits and the system will collapse. This is how Ponzi scheme work and end.
4500% per month is not possible in any legit business.
Signatex is showing a registration in the UK, but let us explain that it is only a tax registration that almost anybody can get. It says nothing about the legitimacy of the business, moreover it is only one month old.
The important thing here is that Signatex is providing investment services, but is not authorized to do so. A British company offering investment services needs a license from the Financial Conduct Authority, but as you can see on our picture, there is no license for Signatex.
It means that Signatex is providing illegal investment services.
Signatex is a scam, a Ponzi scheme that will collapse soon. Don’t put your money into it!
If you are interested in making money in investing, you can try a free demo with a regulated broker to see what it is all about.
Remember that trading is risky and that you should trade only with money that you can afford to lose.