Reliable Express Miners might lead investors to believe the platform deals with Crypto mining. Far from it, there are no mining contracts on offer. Despite claiming to have over 25,000 users, the platform is unregulated. And this makes reliableexpressminers.com a high-risk investment platform. With some members openly complaining about withdrawal delays, something’s off with the platform. Please find out more in our clear RELIABLE EXPRESS MINERS REVIEW.
There’s no secondary page once you land on the homepage. The platform’s navigation is easy and eye-catching. On the about us page, Reliable Express Miners is boasting of being a leading Equity firm.
The platform also claims to have hundreds of users already trading with the platform. As of now, we don’t know whether the platform has any clear mission or vision. You would expect a professional trading platform to plan out their cause of action.
What we have is a platform with good aesthetics. But, unfortunately, it makes it easier for naïve investors to believe anything the platform sells. And this is the reason we have to expose the red flags found on the platform.
You should join proven and reliable investment platforms that experts fully back. These platforms enjoy the backing of the trading community. Go for transparent platforms that offer innovative ways of investment.
Those who have already signed up with reliableexpressminers.com will have a hard time withdrawing funds. It’s the single biggest problem facing all investors. We believe the platform is an offshore-based platform taking advantage of American and European investors.
It would be best if you did due diligence before signing up with a particular platform. Ensure you dot the I’s and cross the T’s. Then, once you do some research, you will be better at making the right decision.
Reliable Express Miners offers four plans to investors. Each of the plans comes with a different set of features. However, what the plans have in common is a guarantee to make a profit. And the guarantee is what makes the platform a high-risk venture.
Let’s take a closer look at the four plans
Bronze
The Bronze plan is the most basic, and users must deposit $500 to get started. You should know the regulators have set $250 as the acceptable minimum deposit. The ROI set for this account is 75 percent.
Silver
For the silver plan, members must deposit $2,500 to get started. After that, there’s a seven-day vesting period with the platform promising returns of 75 percent. After that, the platform will charge 15 percent of the profit for the services.
Gold
There’s a minimum deposit requirement of $5,000. It has the same vesting period of a week but with a greater ROI. The platform promises users 80 percent once the vesting period is over. There’s a service charge of 15 percent of the total earned profits.
Diamond
It’s the most exclusive account, and members have to deposit $15,000 to get started. There’s an ROI of 85 percent per trade section. Members also incur a service charge of 15 percent of the total profits earned.
These accounts have one thing in common, and members don’t actually trade with them. Instead, you deposit funds and wait for the profits to soar. And this completely changes what the platform claims to offer.
On the other hand, the platform also claims to offer portfolio management services. To help them run these portfolios effectively, the platform claims to follow five mantras. One of them being Ultra-fast order execution.
What this means is that none of the 25,000 traders get to trade on the platform. The platform claims to offer forex trading services but, its cloud mining contracts. And this deception must be exposed.
Investors are duped into believing the platform offers five classes of assets. These include Commodities, Crypto, Forex, Indices, and Stocks. But, unfortunately, from what we can see, only a few assets are available.
You can trade major pairs on the platform with leverage of 200:1. The leverage is another reason we know for sure the platform isn’t regulated. Regulators in the States have set maximum leverage of 1:50 for retail traders.
When it comes to who owns or runs the platform, everyone hits a dead end. The platform doesn’t inform users of the anonymity they are about to get into. There’s no company registration or an attempt to showcase real names.
Investing in an anonymous investment platform should be the last thing on your mind. You should only invest with transparent platforms. For all we know, members could be funding a private project for the owner.
It would help if you also looked into how fast support is when selecting investment platforms. On this occasion, the platform claims to offer messaging services like support. However, the phone number on display often doesn’t go through.
We have seen this before, and it’s an attempt by the platform to control communication. It makes it easy for them to reach you. For example, when registering, the platform will ask for your direct line. And this is when you start getting calls at odd hours urging you to deposit more funds.
You don’t get any information on how to deposit funds on the homepage. When you register, that’s when you get an email with instructions on how to fund accounts. The email will have a bank account number where you’re to send funds.
For those who fund their accounts, the balance will reflect in the account within 24 hours. You will give the platform access and control over your investment. That means waiting for the seven days of vesting period to lapse.
When the seven days lapse, you will want to withdraw part of your guaranteed 75 percent ROI. And this is where it gets interesting as no one gets to reach this part. And we believe it’s the reason why everyone is complaining.
There are false statements posted on the homepage to drive up sign-ups. These include ongoing trades and registered numbers. The platform will do or say anything to make the platform appear legit.
You should ask yourself why the numbers don’t change when you register. These are the same numbers that appear day in day out. This is because the platform uses huge numbers to try and make the platform look successful.
The platform is far from being licensed or registered. There’s a claim on the homepage that the parent company is registered in Wales. However, after digging through the Company register in Wales, the name didn’t show up.
With their address showing New York, the CFTC, NFA, or the SEC should be the licensing body. But, unfortunately, none of these regulators have issued a license to the platform. And this makes it an unregulated investment platform.
Your funds are far from safe with an anonymous and offshore platform. The platform doesn’t have any legal standing and puts your funds at risk. There’s no safety net to protect investors from any fallout.
You should invest with platforms that offer insurance cover for deposits made. These platforms safeguard your interest. Unfortunately, for members of reliableexperessminers.com, no one will get any compensation.
We won’t recommend the platform as it has no license and puts funds at risk.
The best way to invest is by joining innovative investment strategies. These include Coin staking, DeFi, and Masternoding.
Feel free to leave a comment or write to us with any queries.
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