The estimated reading time for this post is 341 seconds
OvalxFX.com review; Ovalxfx review;
It’s important to remember that each investment has risk, but the level of risk differs in every investment. Higher risks are linked with investments that promise higher returns. However, no return on investment is a promise.
Keep in mind that past and future returns can be very different from each other. That means one might lose all of their money. Thus, you must have all the relevant facts before investing in any asset through the binary options market.
Ovalxfx is a crypto currency disaster. The operators claim to be involved in trading as well as mining cryptocurrency. Sadly, this is just a team of confused sets of individuals. First, there is no evidence of trading or mining in Ovalxfx.com. Following our detailed analysis, this company is just a Ponzi scheme. They rely on making unrealistic promises to new investors. They claim to generate 20% of investment capital in just 24 hours. That’s unrealistic. Do not fall for such. Meanwhile, this company claims to have been existing for 800 days before the Ovalxfx review. Sadly, that is a lie. Also, they claim to have over 5000 users. These are absolute lies. According to our who.is finding, this website was just registered on 27/072022. That is 45 days as of the time of this review. Therefore, this company is not plain and you should never trust it.
Mycingmining is one of the most secure and reliable crypto mining industries in the world.
It has become obvious that most investors no longer have an interest in crypto mining. This is due to the rising rate of fraud and poor return on investment in the mining industry. However, it will interest you to know that lots of crypto companies are still reliable. Moreover, they offer a good return on investment. Following critical observations and experience; Mycingmining is top on the list of reliable mining companies. They have a proven record of customer satisfaction.
So, if you are an investor still looking for a reliable company to invest in; Mycingmining remains the best.
To mention but a few of the good news about Mycingmining; It is user-friendly; It has over 150% return on investment with profit accrued daily and hitch-free withdrawal access. Think crypto mining! Think Mycingmining!
How safe is your money in Ovalxfx.com
Your money is not safe. Therefore you will lose it if you invest in it. We already proved to you that they lack transparency. This company lied about the length of time they have been existing as well as their number of investors. Meanwhile, they claim to have been existing since 2007. However, the operators are faceless. If they are experts they claim, then they should be bold enough to disclose their identity. Instead, this company only has three fake individuals on its home page. There is no relationship between the pictures and this fake mining company. Therefore, the operators should be behind the bars for impersonation.
Meanwhile, through this Ovalxfx.com review, we discovered that this company is located in Guernsey.
Their address is Kingsway House Havilland Street St Peter Port GUERNSEY GY1 2QE Guernsey. This is a small island in the suburbs of the United Kingdom. However, Ovalxfx also claims to be registered in Canada. This fact is contrary to the initial statement. How can they have their head office in the U.K, yet their license is from Canada?
It only shows that this company is a scam and should never be trusted. Therefore, this Ovalxfx review should serve as an eye-opener for you.
Since they are in the United Kingdom, they should be registered with the FCA.
The Financial Conduct Authority(FCA) is the regulatory agency in Britain. All valid financial brokers must register with it. This gives the broker the license to operate in the area. Each valid broker deposits a specific amount of money with the FCA. This is called clients’ compensation funds. Therefore, if the broker collapses; then investors will get rewards from FCA. Meanwhile, each investor can get a reward of as much as €80000.
Ovalxfx.com Review of the investment plans.
These people make shocking offers to investors. Such offers are unrealistic. However, they use it to attract investors. Meanwhile, if you invest, your money will multiply however, you will not be able to withdraw your money.
There are four different investment packages. They include Zone, meta trader, Forex trading, and the stock market.
Zone: This plan has a minimum investment of $20 and a maximum of $299. It offers a 20% ROI within a contract duration of 24 hours. Meanwhile, the referral bonus is 5% of the deposit.
Forex trading: The minimum investment is $300 while the maximum is $999. Meanwhile, the ROI increases to 35% with a referral bonus of 5%. The contract duration is 24 hours.
Meta trader: This plan has unlimited maximum investment capital. However, the minimum investment is $1000. The contract duration is 48hours with a 40% ROI. Also, clients are entitled to a 5% referral bonus.
Stock Market: This has a minimum investment of $5000 with a 50% ROI within 72 hours. The maximum investment has no limit. Also, the referral is 5%.
Ovalxfx review on the trading platform.
On the home page, this scam claims to focus on both, trading and mining of crypto currency. However, if you check their services page, they outline a different form of investment. They are not professional and not plain. Therefore, avoid them after reading this Ovalxfx.com review, you should avoid them. If you want to invest, then join Mycing mining which is reliable and profitable.
Meanwhile, we hope to see their trading platforms such as Webtrader and metal traders. Also, there is no fact regarding their mining ridges. Therefore, there is no proof that they are involved in any form of mining or trading. Do not be deceived by the aesthetics of the website.
Methods of communication and Payment.
Ovalxfx.com offers /7 live chat services. Also, one can reach out to them by either calling their mobile number or sending a mail to support. Also one can fill out a form on the contact page.
There is only one method of payment in this company. That’s through crypto currency. This is not a traceable method of transaction. Therefore most scammers utilize it. However, other valid companies can also use it as a means of communication.
Ovalxfx.com review conclusion
This company is a scam. Do not invest your money in it. This Ovalxfx review should be an eye-opener. Ovalxfx.com is not plain. Therefore avoid them. They are just like this scam we already reviewed.