Hourlytron.com claims to be the next millionaire maker in the financial markets. Their platform is full of exaggerated claims and promises. However, none of it is backed up by statistical data or any other kind of verifiable information. Most legit firms take pride in introducing their creators, but this one is trying its best to operate without revealing any details about the creators. The mysteriousness around this firm is disturbing to say the least.
Just like all the scams out there, this one also claims to be regulated and obviously that is not the case. Till now the things you have read is the introduction of the flaws of this platform. To know everything about this huge con platform make sure you go through our unbiased review.
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Company and Support Details
Trading has evolved a lot from the early 19th century and regulation has been trying to keep up with it. Unfortunately, as always the crooks are always one step ahead of the law and that results in erosion of the capital of ignorant investors or traders. Ever since the inception of online investing, it has become more convenient for the scammers to exploit the greed of the public and walk away without much consequence.
So, for you own safety always try to interact only with licensed firms or else it might cause a big hole in your pocket. This firm accepts people from all around the world, but it is not recognised by any regulatory authority which means they are in direct violation of law. As they haven’t provided their location details, we were not able to find any relevant details about them.
The only real mode of communication between the clients and the firm happens only through email. So, the bottom line is they are operating from the dark and it’s almost impossible to track them.
How does Hourlytron.com Work?
Hourlytron.com states that they make money from the forex markets. On their About Us page, they have featured all the general information about the trading sector and highlighted the volume and liquidity they provide. Looking at huge numbers always ignites the spark, especially if you are a newbie, but remember it’s not as easy as it looks. Any information about their employees and fund managers are hidden from the public.
We don’t even know what strategy they follow or the parameters they use. In short, there isn’t anything logical in their narrative and it appears to be a cheap attempt of making false promises. Trading forex carries a lot of risk and if you are on the right side, the rewards is also amazing. However, to master the art of trading an individual needs to put in a lot of effort and that is something which won’t happen overnight.
Profits Advertised
For anyone who is easily amazed by seeing huge numbers, this platform will serve them well. They promise returns which typically ranges from 20% per hour all the way up to 3,550% after 24 days. If this opportunity was indeed real, then everyone on planet Earth would be billionaires.
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Sadly, the reality is as always disappointing and the numbers shown on screen are false. The crooks have put up these wild claims only to convince newbies into depositing the money. Once they have access to your funds, the chances of you getting it back is almost zero. So, in other words, this platform will only make them rich and it will be at your expense.
Affiliate Program
Viral platforms like this one simply can’t exist without proper marketing and it all comes down to affiliate program. You might have seen positive reviews about them despite all the flaws we have discussed. The main reason many fake review websites and channel misled the public is because of the incentives they get by promoting them.
This firm pays flat 25% of the deposit amount to the promoters who brought the investor on board. Moreover, affiliates themselves do not have any skin in the game. So, do not listen to their rant and all the cherry picked reviews, because they have a clear conflict of interest.
Domain Details
We managed to gather the entire general information about this website and the people they are targeting which is listed below. Source – whois.com and alexa.com.
Domain – Hourlytron.com
Registered On – 02/01/2020
Expiry – 02/01/2021
Alexa Global Rank – 574,955
Rank in Venezuela – 5,622
Target Audience – Venezuela, Bangladesh and Iran
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Hourlytron.com Review Conclusion
Hourlytron.com is a classic example of how an illegal ponzi scheme works. Initially, to earn the trust of the investors, they might pay few clients randomly and gain credibility. Eventually, due to the flaw present in the ponzi system, they will be forced to shut down and that is when they will leave all the investors high and dry. Making money online is nowadays everyone’s dream, but do not let impulsiveness blind you from seeing the obvious truth.
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