Beware! Toptechoption is an offshore broker! Your investment may be at risk.
Toptechoption Key Features
🔴 Toptechoption services are not trustworthy and downright shady – a warning sign!
🔴 Toptechoption is under no regulatory oversight – a red flag!
🔴 Toptechoption is not transparent and forges its contact information – a red flag!
🔴 Toptechoption creates irrational expectations – a red flag!
Toptechoption Products and Services
Toptechoption is a scam company you need to watch out for. There has been no shortage of these firms out there, and it is always incredibly concerning to stumble on one of them that is as fraudulent as Toptechoption. Here are the investment plans that are available with it:
The return rates the company guarantees are not something any reasonable investment firm would be able to achieve. This is something the people behind the firm know, of course – if it were possible for them to be so profitable, they would have taken out a loan and walked out incredibly rich, without needing to worry about paying any middlemen their dues! What Toptechoption is is simply another HYIP scam you need to beware of!
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.
Toptechoption Company and Regulation
Toptechoption is completely unregulated – this is another scam sign in a company that is already full to the brim of them. Stay away from firms that are not under any oversight – how can they prove they are not running a scam?
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.
Toptechoption Address and Contacts
| Address: | 1610 N Old Bethlehem Pike Quakertown, PA 18951 |
| Phone number: | +18166831681 |
| E-mail: | [email protected] |
Toptechoption provides its clients with an address it cannot legally operate in due to its lack of license. Stay away from firms that forge such an important aspect of theirs – most of them are scammers that are seeking to avoid legal actions for themselves.
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.
Toptechoption.com Website Info
| SimilarWeb Ranking | None at the time of writing |
| IP | 162.0.213.236 |
| Server Country | USA |
| WHOIS Reg. Date | 2022-02-28 |
| Registrar | NAMECHEAP INC |
| SSL certificate | Valid |
| Owner | Redacted for Privacy |
| Administrator | Redacted for Privacy |
Toptechoption is operating from an IP address that is quite familiar to us – the company is sharing an address with over 20 scams we have previous covered. This means a connection between all of these firms is not only likely – it is undeniable, and they could even be operated by the same people. Here is a full list of the firms on the address we have covered, and you need to avoid any of them if you see it in the wild!
Is Toptechoption Safe?
Toptechoption is completely unsafe – the company is nothing but a scam. Stay away from it!
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.
Ayen
I invest to them 200$ then my trading account is got $8650, so they send me message on my gmail that my account was freeze so I need to upgrade platinum package of 500$. I didn’t upgrade, so until now they keep messaging me they want me to unfreeze my trading account so I can withdraw my profit.