Everyday new investing programs invade our lives. People all over the world participate expecting to make money the “Easy” way. The awful statistics though point out to a collapsing industry. The only people making a profit are the owners of shady HYIPs while recruited members take a loss.
The program under investigation today looks like a replica but let’s dive deep bofore we jump into conclusions…
Inside Tradaco Limited
The homepage reminds me other websites created on the fly
Their mission is to provide every person the opportunity to gain maximal profit from investing at minimum risks. The team of full time financial experts ensure effective and pick analysis of the current situation.
Statistics shown
- Days running 0, starting tomorrow
- Total accounts 624
- Deposits $3881
- Withdrawn $2051
I was not expecting any withdrawals processed yet
About Page
Tradaco is a territorial venture organisation headquarted in London, offering its customers incorporated investment arrangements. Founded by a team of professional traders with a successful and profitable track record in the international foreign currency market.
The stock images used is not giving the best of impressions. It is an about page, I was expecting personal photos.
Features
- UK registered
- DDoS protection
- SSL encryption
- Fast withdrawals
Investment Plans
- 20% hourly ROI for 7 hours, deposits $1 – $100,000
- 10% hourly ROI for 20 hours, deposits $1 – $250,000
- 650% ROI after 3 days, deposits $1 – $500,000
- 5600% ROI after 15 days, deposits $1 – $750,000
- 12,000% ROI after 30 days, deposits $1 – $1million
$1 million is not a bad idea, in a month I am gonna have $120 millions.
Affiliate Program
10% commissions on referrals purchases
Payment processors
Perfect Money, Payeer, bitcoin
FAQ – Terms – Important
- You can deposit as many times as you want
- There is risk involved as with all HYIPs, the tips script is an exact copy of other programs
- Only 1 account is allowed
- The funds are managed by a team of investing experts
Registration – Legal Docs
I could not find any document published on the official website. I managed to retrieve the registration data online though. Company number 10634531, incorporated on 23 February 2017, the name Scott Russell appears as officer.
Contact info on the website footer: 50 Newhall Farm Close, Sutton Coldfield West Midlands, B76 1BQ, UK. email: admin@tradaco.biz.
Owners – Domain
With the help of the whois database I uncover the registration date for the domain tradaco.biz, 22 February 2017. The name Scott Russell appears as registrant. Tradaco Global Business LTD 39 Market Place, Melbourne, Derby, DE73 8ZE, UK, +44.1302238044.
Final Words
The same old story, a team of experts decided to share their knowledge with the world. Anyone can deposit and make money out of thin air. Besides who does not want to 120X their money in just a month?…
Now let me ask you a simple question.!…If you knew a way to 120X your money would you share your profits with random people online?..Does it make any sense?…If everyone is 120X their money in 30 days that means in less than a year the planet would be flooded by millionaires. You see, you don’t have to work anymore.
We deal with a HYIP ghost company. There are no real photos of the owners, of the facilities or the team experts. This company does not even have a social account. We can not verify their expertise, obviosuly a 2 paragraphs description is not enough to convince us. Real professionals share their knowledge and tips, provide help. They are not seeking for people’s money immediately. And here Tradaco has set the minimum deposit to only $1 but the maximum reaches $1 million.
No, I don’t deposit a penny if I am not 100% sure that I deal with real trading experts.
The search term “Scott Russell Investor” uncovers an investor on LinkedIn but this man has nothing to do with Tradaco. Another search for the term “Scott Russell Cryptocurrency” returns no relevant result.
Unfortunately Tradaco is a replica of HYIPs to avoid. A pure Ponzi program destined to self extinction. All money coming in Tradaco is funds from affiliates. New deposits are being used to compensate exisitng investors, but even in that case no funds are enough. Because Tradaco has to deliver ROIs out of this planet.
Any program promising more than 10% yearly is very risky. How can Tradaco 6.5x members deposits in just 3 days is a mystery to be solved for decades to come.
When recruitment slows down no new money will be rolling in, no ROIs will be delivered. The owners will shut down the website and the vast majority of affiliates will lose their money.
How to Make Money Online Away from HYIP RIsks
Investing in HYIPs like Tradaco.biz is a guaranteed way to failure.
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That’s it, another review has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time, your online partner.
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Not paying since 8th of May.
First withdraw went thru only $ 12.09.
But the last one on $ 5.11 still in the system.
They have Total Deposits
$ 134008.74
And only.
Total Withdraw
$ 20086.99
So they have made $113 921 in only 13days. nice ROI for them.
And still people put money into this shithole Tradaco
Hi there Peter
What an awful experience. Pseudo money making systems. In any case, they are making a profit. Who cares about the investors?…
But I would not believe they are making that much as they claim.
Thank you for taking the time to mention that, wishes for a great weekend ahead.