Novatech crypto is an international forex and cryptocurrency trading platform offering pooled investment funds with claims of 365 percent returns, raising serious concerns regarding its legitimacy and suggesting possible pyramid or Ponzi schemes.
Registering in Saint Vincent and the Grenadines also raises red flags; while the Better Business Bureau doesn’t list this company specifically, there is one for a Memphis-based Novatech that sells Panasonic office products that is listed there instead.
Novatech crypto offers deep liquidity that enables traders to complete large transactions without impacting market prices, creating a stable trading environment and improving overall trading performance. Furthermore, its benefits extend beyond the trading platform itself to reduce interest costs and risk exposure for the company itself. Unfortunately not all trading platforms offer such depth of liquidity; therefore it is crucial that you select one with sufficient regulatory protections in place in order to safeguard your investment.
Novatech FX is a forex and cryptocurrency trading platform focused on pooled investment funds. A subsidiary of NovaPay L.L.C, it claims to be legitimate while boasting returns of over 365 percent annually, raising concerns of possible pyramid or Ponzi schemes.
To avoid scams and investments in unregulated platforms, it’s essential that you are informed about their risks and fundamentals of trading. Avoid trading signals that may mislead and lead to financial losses and focus on understanding trading basics rather than depending on them for guidance.
Novatech crypto provides one of the safest ways to transfer and store your money, thanks to its fast speeds and low transaction fees. Novatech crypto’s high speed transactions with minimal transaction fees make it an excellent way for investors to safeguard their investments from theft or fraud, though please be aware that they cannot provide 100% security – therefore you should always backup your wallet regularly, protect yourself with an effective VPN provider, and back yourself up periodically in case something should go wrong with any transaction that uses Novatech crypto.
Novatech purports not to be a pyramid or MLM scheme, yet their registration in Saint Vincent and the Grenadines raises red flags. Furthermore, their compensation plan pays members multiple levels deep suggesting MLM-like components within their company and boasting of returns exceeding 300 percent annually raises even further suspicions.
Novatech FX may or may not be a pyramid scheme; however, its claims of over 300 percent annual returns seem unlikely. By comparison, Warren Buffett’s Berkshire Hathaway has averaged 20.3% returns annually since 1977 while legendary investor Peter Lynch boasts 29% average annual returns from 1977 until 1990.
Novatech Crypto offers an efficient platform for Forex and Crypto trading, employing expert traders who consistently achieve returns five to eight times higher than even the world’s best investors. However, it seems strange that such professionals would work for such an unassuming, small organization as salaried employees.
Novatech maintains that they are not an MLM or pyramid scheme; however, their registration in Saint Vincent and the Grenadines raises suspicion; additionally their compensation plan pays members at multiple levels, suggesting an MLM element. Furthermore, it’s wise to use a secure wallet and back up cryptocurrency on an ongoing basis for optimal protection.
Even though Novatech FX advertises an impressive annual rate of return, compared to that of experienced investors such as Warren Buffet and Peter Lynch it doesn’t compare. Lynch averaged just under 29% annually; which still falls far short of Novatech FX rates.
Novatech FX purports to be a legitimate Forex and Crypto trading platform, yet its advertised returns of over 300 percent annually appear suspicious. Furthermore, their business seems to operate like a pyramid scheme: members who recruit new investors earn commissions and bonuses which go up nine levels deep, making early members potentially make more than what was invested initially.
Multiple traders have reported issues with this company, such as difficulty withdrawing funds and an unresponsive customer support staff. Furthermore, there is no mobile trading app offered – which many traders rely on as part of their trading experience.
Though they claim not to be pyramid or multi-level marketing schemes, company registration in Saint Vincent and the Grenadines raises red flags about any possible pyramid/MLM schemes. Furthermore, its compensation plan seems to offer multiple levels deep of compensation plans – both indicators that there may be an MLM component in place. It would be wise for investors to check the Better Business Bureau file prior to investing.