Elite Capital Market (ECM) Review: Safe Blockchain Crypto Asset Investment Scheme?
If you are interested in making a lot of money investing, information is surely something that you will need. Because of this, today we will review a new investment site called elite Capital Mark in order to tell whether you should use this company or avoid it.
What Is Elite Capital Market?
Elite Capital Market is a new investment company that focused on several types of investments like cryptocurrencies and blockchain, as well as stocks and forex investments. The company is self-described as “client oriented” and was created to include investments made of banks, centralized exchanges and cryptos all in the same place.
The company promises liquidity for the investors and error-free order executions. At the site, you can see that Elite Capital Market is registered with the Belizean government. The brand was launched in 2015, according to its site, to offer state-of-the-art execution of investments for international clients from both the retail and instituitions backgrounds.
With the core mission of saving people’s time when they invest and making their money generate more money, the company affirms that its business was created thinking about the clients. Elite Capital Market boasts to have over 6,000 clients and over 400 daily visitors at their site.
How Does Elite Capital Market Work?
Basically, you deposit some money for the company and they will invest it for you. The company promises “sustainable returns” and offers affiliate bonuses for the people who get other people into investing.
Most of the investment is focused on three areas: crypto mining, trading and arbitrage, stocks & commodities and forex trading. Cryptos are mined using the money to buy hardware and arbitrage experts are expected to make the money get even more valuable. Stocks and forex are also traded and serve as a way for someone to diversify its investments.
Is Elite Capital Market A Scam?
While the company does not seen to be a clear scam, we remain somewhat skeptical about this company. Why? For starters, this is not a very famous company. It is a very small investment firm from a small country and you will have difficulties to get your money back if this turns out to be a scam.
Also, the company does not guarantee any profits for you and the stocks market, as well as the crypto market, are very bad at this time. They are not growing a lot and this can cause investments to be even more dangerous now.
Crypto mining is also notoriously unprofitable right now, so there is a great chance that you may end up losing money if you invest in Elite Capital Market now.
The Elite Capital Market Verdict
You should look for a more secure investment. Larger and more well-known companies are generally more profitable and stable than the smaller and unknown ones.
The best move whenever you think about investing in a company is to check its reputation in the market, this will make you avoid most scams and only invest your money wisely.