World Trade Exchange (worldtradeexchange.org) WTE tries to make investors look foolish. The platform guarantees a return, in some cases, over 10,000 percent. We have seen these types of investment platforms before, and it never ends well. Nevertheless, the platform creates an allure of a successful platform to attract investments. However, there are several red flags we must expose for our readers. Learn more in our detailed WORLD TRADE EXCHANGE REVIEW.
According to the platform’s playbook, World Trade Exchange is a 100X investment bank platform. The platform combines high-yield investments with core banking and financial systems.
Worldtradeexchange.org also claims to partner with bank infrastructures in over 150 countries. The platform claims to provide exceptional tools for advanced beginners and investors. Their end game is to increase your assets.
Before you jump in, you should know that such platforms prey on those looking for quick success. No platform on earth can guarantee 100 times returns. Even the most volatile market doesn’t make such bold statements.
To cap it all off, World Trade Exchange claims to make 10,000 percent ROI in 90 days. That’s 3,000 percent in 30 days, making it 300 percent daily return. Now that’s improbable, and now you know it.
If you’re looking to invest in profitable investments, we suggest proven alternatives. You need to invest in Coin staking, DeFi, and Masternoding. These are the perfect examples of making reasonable ROI.
Before you jump in any investment, you need to do some due diligence; try and find out what others are saying about the platform. You can also read reviews to find out the experiences of other users.
World Trade Exchange offers two account types, accounts for single users and banks. Each of these accounts has several different tiers to choose from. Let’s take a closer look at each of these account types;
There are four accounts for individual account holders;
Account 1
You have to invest $50K for the first account, which is a one-time investment. After that, the projected income per year is $5 million. After that, members enjoy investment protection and an investment period of 360 days.
Account 2
With the second account, members have to deposit a one-time $150K. You should expect an income of $15 million. The account shares the same features as the first account above. Even the vesting period is the same.
Account 3
For the third account, investors must deposit $300K. It’s also a one-time deposit, meaning you can’t afford a micro deposit. The account promises an annual profit of $30 million. It also shares the same vesting period of 360 days.
Account 4
There’s a minimum deposit requirement of $400K. The ROI is 10,000 percent for 360 days, with investors expecting to reap $40 million at the end of the year. Members get the promise of investment protection which is false.
You will notice that the store promises returns of 10,000 percent after a year. What happened to guarantee it for 90 days? It’s one of the red flags most investors won’t bother to check. The platform is taking members for a ride.
We also did notice that the store only accepts one-time payments. You would expect an investment platform to accept partial deposits for investments. The one-time payment seems to trigger a certain case scenario.
Once you deposit the funds at once, the platform claims to invest them in several banks. We believe that this will be your last time ever seeing your funds. You should be wary of investments that don’t allow partial deposits; what’s the rush?
Once you deposit funds with the platform, consider them gone. There’s no way the platform even segregates these accounts. We don’t have an indicator that the platform offers security cover for deposits made by investors.
We mean by security cover the lack of insurance for deposits made by clients. Such platforms should deposit a certain amount with regulators to act as insurance. The amount protects investors in the event of bankruptcy or insolvency.
Without any security cover, we highly recommend that you stay away from the platform. Hundreds have already lost with the platform as withdrawal is next to impossible. Investigations are underway to determine the culprits behind this platform.
There’s also an option for banks to invest with the platform. World Trade Exchange is also targeting banking and other financial institutions.
Bank 1
With the first bank account, you must deposit $500k, a one-time payment. After that, you get an account promising an ROI of 10,000 percent within a year. This means the platform promises $1 billion in returns. Yikes!
Bank 2
For the second bank account, institutions must make a one-time payment of $2.5 million. It also comes with the same ROI margin of 10,000 percent. In addition, banks get a share capital of $5 billion and an administrative dashboard.
Bank 3
Institutions have to deposit $10 million and get a share capital of $20 Billion in assets. The ROI is still 10,000 percent, with the vesting period slated for one year; you get a bank revenue system and a corporate bank account.
Bank 4
It’s the most exclusive account, with institutions having to deposit $50 million. In return, you get a share capital of $100 billion and bank credit worth $100 billion. In addition, account-holders get a tax-free infrastructure specifically tailored to this account.
World Trade Exchange does not have valid documents to prove compliance with the financial industry. There’s not even a business registry for the company behind this platform. Therefore, world Trade Exchange PTE Ltd does NOT EXIST.
On their contact page, the platform claims to reside in Singapore. The office headquarters is Marina Bay Financial Center Tower. It’s a false physical address meant to drive the platform as a residence in the financial district.
There are no documents to prove that the platform complies with Singapore financial regulations. And this puts doubt on their credibility and overall online reputation. Moreover, there’s no one to protect investors without a legal framework.
Dana is the name you get to converse with on their chatbot. Dana is a bot with a human face for those who don't know. After a while, she will instruct you to type in your email. After that, you have to wait for a representative to contact you.
With their communication structure, there’s no direct communication. Why would there be a live chat option with no live chat agent? The platform tries to control the communication process. We have seen this on exit online banking and financial scams.
World Trade Exchange makes it possible for investors to deposit funds within minutes. You get to fund your account using bank and wire transfers. However, we recommend you avoid investing with the platform for security reasons.
After the vesting period lapses, you will want to withdraw your profit. That’s when all hell breaks loose as the platform blocks all communication. You hit the withdrawal tab, and nothing happens.
World Trade Exchange is one of the biggest financial scams of the year. You should avoid it and look for realistic investment options.
We recommend joining proven ways of investing in the financial markets. You should invest in Coin Staking, DeFi, and Masternoding. These are groundbreaking ways of investing.
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