EuroTraders, found online at EuroTraders.top, is an investment scheme that claims to pay you ROIs of 5000% or more per year. Find out how this scam works today in our review.
What Is EuroTraders?
EuroTraders is a cryptocurrency-based investment scam that promises ridiculously high ROIs with no risk whatsoever. The company promises to pay you 20% daily ROI on investments of just $25. All you need to do is give the company a bunch of money, then sit back and watch your money turn into more money.
EuroTraders is one of the more obvious investment scams we’ve seen online in recent weeks. Some companies try to hide their scam with legitimate products and services. Others claim they operate a lending business. EuroTraders, however, makes it pretty obvious that this is a membership-based investment scam: there’s no actual investing here, and the company generates all of its income through membership fees.
How Does EuroTraders Work?
EuroTraders offers three different types of “investment packages”. You can invest in:
- The Stock Market
- Forex Market
No matter what you choose to invest in, you’re making a high ROI. The company will pay you 10% to 20% per day, every day for cryptocurrency investments, for example, and up to 11% per day to invest in the stock market or forex market.
How can the company make such enormously high returns on investment? What secret moneymaking scheme or investment program is the company running? As mentioned above, there’s no real investment here: the company is exclusively making money through new memberships. It will continue to collect money from gullible investors until it shuts down, at which point everybody except the founding team will lose their money.
EuroTraders Investment Packages
EuroTraders offers a number of different “investment packages.” Packages have a minimum investment of $25 and claim to pay you triple digital or quadruple digit ROI every 20 to 40 days. Some of the plans even have “unlimited” terms – which means the company is guaranteeing it will pay you 8% interest every day for the rest of your life.
Ultimately, EuroTraders’s investment packages are obvious scams, and we don’t need to go into further detail about each plan here.
Who’s Behind EuroTraders?
EuroTraders lists a fake address in London as its “main office” (55 Old Broad Street). That’s a real address in London, although we can find no evidence to suggest that the company is based in that location. The company also lists a company number of 10860058, and claims it’s a legitimate registered corporation in the UK under the name EuroTraders Investment Solutions Limited.
It’s true: the founder of EuroTraders has taken the time to register the company as a legitimate corporation. The company was founded on July 11, 2017 to a 41 year old British man named Christopher Middleton, listed as Director of the company.
Ultimately, the fact that EuroTraders is a real corporation shouldn’t convince you it’s a legitimate business. We’ve seen plenty of scams with real registration numbers. Anyone can register a UK corporation in minutes online. Furthermore, EuroTraders isn’t registered as a licensed investor, which means they’re not allowed to sell investments to you.
Another easy way to spot a scam is when a company asks for money, but refuses to disclose any information about its management team or executives. EuroTraders doesn’t list any contact information or company information online, leading us to assume it’s a complete scam.
Conclusion: Is EuroTraders a Scam?
EuroTraders is an online investment scam – The company advertises high interest rates for no apparent reason. Ultimately, EuroTraders seems setup to attract as many investments as possible in a short period of time, then disappear from the internet when it has scammed enough people. If you deposit money into EuroTraders, you’ll never see that money again.