My-Wci (my-wci.com) is supposedly an innovative Crypto trading and mining platform which advertises returns of up to 300% return on investment after 450 business days.
There is no verifiable trading history for this firm.
Moreover, while we were investigating this service we found a lot of misleading and disturbing facts, which makes us believe that My WCI is nothing but a viral glorified ponzi scam.
Read our full review to find out why we recommend all our readers to avoid any kind of dealing with this investment firm.
Who is Behind My-Wci and Contact Information
There is no information about the creators or developers behind this platform. Lack of transparency and the level of anonymity maintained by the actual creators is not only mind boggling but also seriously damages the reputation of this firm. Almost all of the legitimate investment firms feature the details about the CEO and other portfolio managers on their website.
My-Wci offers investment services.
They raise money from the general public for trading and mining activities.
In return the investors are promised a fixed predetermined dollar amount.
While we were trying to validate their service, we couldn’t find any certificates confirming licenses they must lawfully hold. We have confirmed through FCA that the World Currency International (WCI) Limited has never been licensed, which means they are operating illegally.
If investors encounter any kind of problem on this platform or have any other queries…
…there is nothing they can do about it because there is no way to reach the support team.
What kind of firm operates without having a dedicated customer support to assist their clients?
What Profit can you expect to make with My-Wci?
The amount of profit depends upon the investment package selected by the investor. There are 5 investment plans to choose from.
Here are the exact amount the investors are supposed to get:
- Investing in the Bronze plan which starts at $100 will yield a daily return of $0.
- Investing in the Silver plan which starts at $500 will yield a daily return of $3-$6.
- Investing in the Gold plan which starts at $1,000 will yield a daily return of $5-$12.
- Investing in the Platinum plan which starts at $5,000 will yield a daily return of $30-$64.
- Investing in the VIP plan which starts at $10,000 will yield a daily return of $70-$150.
Who would not like to earn money on complete autopilot? But unfortunately that is not the way the world works.
If you do the math, the VIP plan yields 300% ROI (Return On Investment) after 450 days, which is more than what the legitimate firms can ever offer.
How My-Wci Works Generates Signals?
We have absolutely no clue.
There is no information regarding how the signals are generated or what parameters creates a trading bias.
They don’t even state the risk management techniques it employs.
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We are not told the average win rate and draw downs of their trading strategy.
How can they expect the investors to trust this platform with their funds without knowing how the funds are allocated and utilized?
My-Wci offers huge incentives for the affiliates for promoting their platform.
The rewards depends upon the deposits made by their referrals.
For example, let’s say that a client using a referral link opt in and deposit $5,000, the affiliate will be paid a flat 20% of that amount which is $1,000.
My-Wci does not talk much about their existing user base but when we did a little digging we found out that according to Alexa.com, this site mainly targets people from Canada, South Africa and Vietnam.
This website has a ranking of 21,047 in Canada which is quite high for a HYIP website.
My-Wci Review Conclusion
My-Wci is not a reliable investment platform. The offers portrayed on their website are all too good to be true.
Do not interact with this fraudulent firm for any reason.
Is My-Wci A SCAM?
When we took a closer look at this service, it was quite clear that it is nothing but a overblown ponzi scheme.
Considering the fact that they are operating without any licenses while claiming to generate high returns are the typical traits of scam services.
This company might pay in the beginning but eventually it will run away at the expense of the investors.
If this platform was really legitimate why don’t they offer a demo account?
Most investment platforms provide their users with a demo account so that they can familiarize themselves with the platform and trading system without risking any money.
Logically after thoroughly going through all the facts, this platform is very misleading and unreliable.
About the Author
SimpleFxOnline.com – The financial markets are filled with exciting opportunities and enticing offers but unfortunately the scammers also have invaded this market. Our main goal is to expose all of the phony and fraudulent systems out there and at the same time help everyone to trade with confidence.