Is this a scam!! Help

[statemed]

My friend invested $500 worth of bitcoin and got $3000 back in a few days. They waived her fee so she did cash out. She put another 2k in and got 5k. Fees waived again. So she will reinvest .

I signed up and invested $500. They said that first time they will waive my fee but will have to pay 20% withdrawal fee out of pocket to get my

Another site does same thing. They charge 10% fee but deducts from your profit. That sounds more legit. But is it still a scam or are these real

Guess it doesn’t matter now since the sites were quoted in the replies

[1714308876]

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[Zwei]

My friend signed up on https://www.profxonlinetrading.com/index.html
She invested $500 worth of bitcoin and got $3000 back in a few days. They waived her fee so she did cash out. She put another 2k in and got 5k. Fees waived again. So she will reinvest .

I signed up and invested $500. They said that first time they will waive my fee but will have to pay 20% withdrawal fee out of pocket to get my funds

BUT https://concextrades.com/ does the same thing. They charge 10% fee but deducts from your profit. That sounds more legit. But is it still a scam or are these real

There are 3 scammers I see here:

1. The 1st website you linked.
2. The 2nd website you linked.
3. You.

[AHOYBRAUSE]

My friend signed up on https://www.profxonlinetrading.com/index.html
She invested $500 worth of bitcoin and got $3000 back in a few days. They waived her fee so she did cash out. She put another 2k in and got 5k. Fees waived again. So she will reinvest .

I signed up and invested $500. They said that first time they will waive my fee but will have to pay 20% withdrawal fee out of pocket to get my funds

BUT https://concextrades.com/ does the same thing. They charge 10% fee but deducts from your profit. That sounds more legit. But is it still a scam or are these real

I don't understand why people would use some random site like this.

Just by googling the site and trust I found this:
https://www.scamadviser.com/check-website/profxonlinetrading.com

I would never, and I mean NEVER, but my money into sites like this. The "story" of your "friend" also sounds a little bit sus to be honest. Don't know if you just want to send traffic to the site or what the agenda is.

Anyway, people here are not stupid.

[statemed]

You are most definitely wrong about me. I’m just asking. Ridiculous you would think that .

[BitMaxz]

There is no free money by just depositing and waiting for a few days to make a 600% profit.

That's pretty obvious it's a scam it's better to bet the $500 on the betting sites you might be lucky and able to make $3000 in return if you win in a row.

So why did you deposit $500?
Even newbies I'm sure they won't fall into this trap because it's impossible to make huge profits in a short time.

[TheUltraElite]

Whatever be the case, any website that talks about multiplying your money after deposit and shows the same as well but does not let you withdraw or makes up shit excuses on withdrawing are a scam. These have existed for a long time, they take your money and then show that they are increasing your money while you remain in the delusion and put in more money hoping for it be created out of thin air, while in reality all your money is being stolen.

Newbies should do well to avoid these and any "friend" who talks about them should be scolded and told not to spread such scams.
OP has edited the links in the post. @Zwei , @AHOYBRAUSE Please edit the quote from your side too, links are still clickable there.

[Rikafip]

Ridiculous you would think that .

It is not so ridicolous at all that thought crossed his mind because we've seen these type of topics in which someone would pretend that he is asking about some scammy site, just to be reevaled later that he is in fact shiller paid to promote it.

For the sake of argument, let's say that you are a legit member asking genuine question. So, these sites are obvious scams and in best case scenario they are playing a long game, trying to lure you to invest more just to then take your money while in most cases they will take your first depost and never give you anything back.

[khaled0111]

I signed up and invested $500. They said that first time they will waive my fee but will have to pay 20% withdrawal fee out of pocket to get my..

This is a bit weird because I just checked their website and it says the minimum deposit amount for the cheapest plan (Starter) is $600!
Anyway, the above members are correct. Both websites are scams and I hope you will be as lucky as your friend and will be able to withdraw your money. If you do, never think of reinvesting a single penny there. You never know when they willshut down their websites and run away with all investors' money.

[holydarkness]

Sounds like HYIP or ponzi to me, making six times of initial investment in few days. I agree that you got lucky with your withdrawal, leave when you still can and don't suggest any of your friends to invest on that platform. I took a peek through their website and I can't see if they're a registered company on both website, and these statements on profxonlinetrading is definitely worrying



Or how they implied they've been around since 2016, but their website was just from around last year.

[robelneo]

My friend signed up on https://www.profxonlinetrading.com/index.html
She invested $500 worth of bitcoin and got $3000 back in a few days. They waived her fee so she did cash out. She put another 2k in and got 5k. Fees waived again. So she will reinvest .

I signed up and invested $500. They said that first time they will waive my fee but will have to pay 20% withdrawal fee out of pocket to get my funds

BUT https://concextrades.com/ does the same thing. They charge 10% fee but deducts from your profit. That sounds more legit. But is it still a scam or are these real

There are 3 scammers I see here:

1. The 1st website you linked.
2. The 2nd website you linked.
3. You.

We have the same guess or fact, OP is promoting a Ponzi scheme and pretending that he is asking, he even denied and deleted the link we have seen this method so many times asking but actually promoting a Ponzi or MLM, they know that by just posting with all the plans they will received bad feedback so they make it a subtle approach but its not going to work here 

[statemed]

I can’t believe you think I’m promoting this . Geezzz. Don’t put everyone in the same boat. I hate I put the links up there now. Over suspicion of the wrong person. I’m not even angry. More shocked than anything

[SmartGold01]

What Are you insane?
Can't you see the hand writing on the wall that they are only trying to buy your interest and trust to rely on them, normally there is no platform that could give 200 percent per week or within few days.
So please run for your dear life because when they succeeded gaining trust from you and you rely on them they could asked you to deposit high money for you to cash unbelievable amount where they could required all the total money you gain from them to use it as fee at once then once you did that they give you excuse where you can't recover your investment anymore.

[khaled0111]

We have the same guess or fact, OP is promoting a Ponzi scheme and pretending that he is asking, he even denied and deleted the link we have seen this method so many times asking but actually promoting a Ponzi or MLM, they know that by just posting with all the plans they will received bad feedback so they make it a subtle approach but its not going to work here 

OP edited his post and removed the links. I think it's unfair to accuse him of trying to promote those services.
If his intention was to promote those services or ti post some backlinks then he would have disappeared after creating this topic.
Let's stop accusing newbies of being culprits just because they are newbies and let's focus on the main subject!

[UserU]

To put it simply, all of these are sus to say the least.

No such thing as easy money, even forex you have to wait for the market to move in your favor and that could take weeks, months or even years to see some sort of profit. At the current market rate, $500 (0.018 BTC) won't make one $3,000 (0.11 BTC) unless the prices reach an astronomical 6-figures.

[FinneysTrueVision]

Almost every online ponzi claims they are involved in forex trading and also claims to based in the UK. The first site you linked checks the box for both those things. The second site lists an address from Texas but they display a photoshopped UK certificate. They also both use generic stock images for their team members and testimonial photos. It couldn't be more obvious these are both scams.

[noorman0]

My friend invested $500 worth of bitcoin

If you get a connection from a random guy and it's only been a few days, it's not a friend unless it's characteristic of you to trust so easily.

I don't need to click the links to raise my suspicions. In contrast to legitimate companies that expect long-term operations, scammers don't need a unique, easy-to-remember domain name. They are just looking for the cheapest domain possible.

[hugeblack]

I can’t believe you think I’m promoting this . Geezzz. Don’t put everyone in the same boat. I hate I put the links up there now. Over suspicion of the wrong person. I’m not even angry. More shocked than anything

We all know that this site is a scam, but you nevertheless mentioned the part that your friend was able to withdraw from the site.
Therefore, I will put your account on my watch list, and if you post stories like this in the future, you will be the scammer.

and got $3000 back in a few days. They waived her fee so she did cash out.

As a general advice, do not trust any service that gives you guaranteed profits from deposits without revealing the nature of the activity. They are usually scammers even if you are able to withdraw your money.

[examplens]

and got $3000 back in a few days. They waived her fee so she did cash out.

As a general advice, do not trust any service that gives you guaranteed profits from deposits without revealing the nature of the activity. They are usually scammers even if you are able to withdraw your money.

I would also add that any service that asks for fees like 10% or 20% for withdrawal is definitely a scam. Perhaps it is even clearer when they ask for an additional payment to cover the withdrawal fee.

No such thing as easy money, even forex you have to wait for the market to move in your favor and that could take weeks, months or even years to see some sort of profit. At the current market rate, $500 (0.018 BTC) won't make one $3,000 (0.11 BTC) unless the prices reach an astronomical 6-figures.

But if the OP invested in arms or drug dealers, it is very possible that he could make $3000 from $500 in a short period of time.

[Mate2237]

Others have said it all but the way I see at the story is that since you are the key player of the game. It is well understanding from the story that the sites are Ponzi schemes so if you tried to withdraw your funds then you ah e to leave the sites. There is no way a legit site would asked you for extra 20% again, only this part is clear that they are not legit. And and from the way you said, it is purely Ponzi scheme because or s only in Ponzi scheme they (the scammers) promised people to multiply they investment.

[holydarkness]

Others have said it all but the way I see at the story is that since you are the key player of the game, you are also part of the game (scam) because you were trying to cheat on the casino and the casino also outsmart you. The first story, the casino is a fraudster or they are for fraudulent activities then the second one which you said is legit, it might be because casinos is for business and they cut the fee for their service.

The Scam is circulating among you guys.

Did you... even read the entire posts on this one-page-long thread? Or perhaps even just the opening post? It's not a casino. It's an "investment" platform with ponzi characteristics.