77tradingpool review – is 77tradingpool.com a scam or a good place to invest?

77tradingpool review – is 77tradingpool.com a scam or a good place to invest?

77tradingpool Key Features

🔴 77tradingpool provides access to shady investment plans – a warning sign!

🔴 77tradingpool is under no regulatory oversight – a red flag!

🔴 77tradingpool has none of its contact information available – a red flag!

🔴 77tradingpool creates irrational expectations of huge profits in its victims – a red flag!

77tradingpool Products and Services

77tradingpool is yet another scheme that will take the money of the investor who is not vigilant. There are thousands of such investment opportunities and all of them are characterized by one thing alone – they claim to offer a quick way to become obscenely rich without any effort. Here are the two investment plans that 77tradingpool has available – they can supposedly achieve just that:

However, when presented with such a high amount of ROI you need to ask yourself a couple of questions. The first one is exactly how does 77tradingpool plan on achieving a ROI of 2% daily (if the company accrues its profits only on workdays), when legitimate investment services have such returns within a month or two at the best case scenario! And the second question is why would 77tradingpool provide the wide public with such a high profit margin instead of having the people behind it take out a business loan and become billionaires overnight? The answer to both of these questions lie in the true nature of 77tradingpool’s scam – it is a HYIP scheme!

HYIP stands for High-Yield Investment Programme and these businesses usually promise higher ROIs (return on investment) than usual. In some cases, the offers are just ridiculous- up to hundreds and thousands of percentages per day, which certainly can’t happen. To draw a comparison, even the wealthiest banks or investment funds are not capable of delivering more than 10% per year, let alone per day or week. Therefore, the products and services assessment suggests that you’ll be at risk if you deposit.

That being so, it’s worth considering trendy alternatives that can help you build an extra income, such as Forex brokers PAMM managed accounts, social trading or crypto services that may as well fulfil your investment needs. For example, many cryptocurrency exchanges already provide passive income opportunities like BTC and ETH staking but make sure to subscribe to well-known, proven networks.

77tradingpool Company and Regulation

77tradingpool is not a licensed company – the firm does not mention regulation even once on its website in fact. And you should avoid firms that are not under any regulatory oversight, as they are free to defraud their victims as they wish – the vast and overwhelming majority of them do so too!

The lack of regulation implies that the people operating this HYIP are working unchecked, meaning they can misuse or misappropriate your funds, eventually bearing no responsibility for their actions. To draw a distinction, regulated investment companies are forced by law to follow certain rules that guarantee the safety of clients’ funds. For example, to get a license, a firm should meet minimum capital requirements that vary from country to country and may also depend on the product specification as there are many types of investments possible- stocks, bonds, mutual funds, banking products, fixed-income, retirements and so on.

In the US, the minimum capital requirement is 20 million USD, which happens to be among the heftiest in the world. Other than that, US financial services companies are also required to keep accounts segregated, thus ensuring that clients’ money can’t be exposed to unnecessary risks or stolen. However, it’s worth noting that the US regulatory framework is very complex as there are numerous financial authorities, among which NFA, CFTC and SEC, to name a few, and all of these monitor companies in one way or another. The US markets may be tricky for the ordinary investor, so make sure to acquaint yourself with the environment before you’ve wasted money on potential scams like the one under review. And you’d better avoid unregulated investment businesses at all times.

77tradingpool Address and Contacts

Phone number:N/A

77tradingpool does not have any information on its whereabouts available on its website – and that is another reason for concern. You should avoid such anonymous companies – most of them are actually scams that are looking to dodge the accountability for their actions and potential lawsuits by their victims!

When it comes to investing, transparency is crucial as you should know who’s running the investment and where your money actually is. Legit firms always operate transparently and are bound by law to provide the public with basic corporate information, including addresses, contacts and legal documents disclosing all provisions related to the service. And our experience shows that it’s most probably a scam if you can’t reach anyone over the phone given, can’t validate the addresses or can’t in any other way prove that the investment provider has the authorisation to offer financial products.

77tradingpool.com Website Info

SimilarWeb RankingNone at the time of writing
Server Country USA
WHOIS Reg. Date2021-05-10
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

Is 77tradingpool Safe?

77tradingpool is not a safe investment platform – after having covered it, we can come to only one conclusion about the firm. It is running a scam – beware!

Scam Warning

Dealing with HYIPs and other unregulated investment providers is not recommended for many reasons. Above all, the absence of regulation strongly suggests a scam as only regulated firms are authorised to provide investment services. As you probably guess, scams can’t flourish in a strong regulatory environment, so you’d better think twice before you’ve deposited with unregulated investment schemes.

The authorisation is only granted when the firm complies with the requirements and standards, which guides how the entities should treat you as a customer and what sort of information they should give you. Each country’s regulator maintains a register of licensed firms and the investment services that each licensee is authorised to provide. On the other hand, unauthorised firms aim to avoid complying with the controls that legal, authorised entities are subject to, thus leaving investors entirely unprotected. Needless to say, scammers want to get you totally unprotected, and that’s why they always work without a license.

As for HYIPs themselves, many of these schemes operate precisely as a Ponzi because many investors can actually withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities said to deliver unrealistically lucrative gains. 10% or 100% per day certainly isn’t a legit offer.

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