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If you want to lose funds, Try Win Traders is the platform that will make it happen. So far, hundreds of naive investors have fallen for this trap. Investors all over the world are angry with the results. Chances of withdrawing funds and returns from the platform are next to zero. And this is why we are exposing this platform for its harsh trading conditions. Trywintraders.com is an offshore platform, and your funds are at risk. Learn more in our eye-opening TRY WIN TRADERS REVIEW.

A Brief Overview of Try Win Traders

Try Win Traders Review

According to their belief, Try Win Traders is a world leader in CFDs and FX Trading. Judging by their setup, we see why they would state this claim. The platform is ideally a fraud as it has let down so many investors.

We, too, have lost money with it as we signed up to see how the platform behaved. To our surprise, the platform blocked us from accessing our accounts. It’s the same story with anyone who deposits less than $100 and more than $1,000.

You should avoid the platform by finding out the reasons why in our review. The review is meant to open your eyes as we share the experiences we went through. What we found out is shocking beyond words; you should stay away from this bogus platform.

There are better and safer ways to invest, including having a reliable and proven investment platform. These are some of the options successful investors have been using to stay ahead of the pack. Coin Staking, DeFi, and Masternoding are some of the proven ways to earn returns.

Trw Win Traders, on the other hand, is a deceptive investment platform. The platform operates under the assumption they offer professional trading conditions. So far from it, trywintraders.com is a reckless platform, and you will end up losing funds.

Account details Try Win Traders

There are two accounts to choose from, and the accounts are listed as Standard and VIP.

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Standard

With the standard account, the platform offers over 1500 trading instruments. The maximum leverage is set at 1:400 with 0.5 percent commissions. There’s no mention of the minimum allowed deposit.

VIP

The VIP account comes with a maximum leverage of 1:1000. All other features are the same as the standard account. But, unfortunately, the VIP account, too, has no mention of the allowed minimum deposit. And that’s a worrying trend.

There’s a reason why the platform fails to mention the minimum deposit. From our understanding, the platform targets all classes of investors. According to them, you don’t need any experience to sign up.

Try Win Traders Account Types

All the platform needs from you are your funds and claim to manage the trading part for you. Yes, the platform boasts of having professional and reliable account managers.

Account Managers

There’s every reason to doubt the professionalism of these account managers. After signing up and depositing funds, that’s when the account manager calls. In most cases, they will call and urge you to deposit more funds.

We don’t know the professional levels of these account managers. However, it seems they do their best to hide their true identity. There’s no mention of any account manager or their previous engagement. 

Available Bonus

Trywintraders.com claims to offer a welcome bonus of 60 percent. It’s funny they mention it as we didn’t get such a bonus when we deposited. But, unfortunately, it seems the bonus is only offered to VIP account holders. 

And there’s a huge hole to fill with these bonuses. Once you receive the bonus, the platform will use it to its advantage. You will have to pay back the bonus with a deposit matching the bonus amount. 

That’s why most regulators are against platforms that offer bonuses and commissions. These regulators try to protect investors from the barrage of problems from such platforms. You end up losing more than you bargained for. 

Awards and accolades

The platform also claims to bag several awards, which include Best Brokerage in Europe and Best CFDs. There’s no evidence of this ever happening; all we have is logos of these awards. They want to paint a picture of a successful investment platform.

For the awards to be real, their name has to be engraved on them. We also have to see the face of the recipient. What we have is an award logo which can be downloaded from the web. It’s these mistakes that the naked eye will fail to spot.

Business holder

Try Win International Limited is the Company quoted as the parent entity of this platform. Where they are registered is still a mystery. There’s the ever need for platforms to be transparent in their locations.

We find it hard to find their physical location. Despite claiming to reside in the UK, this is not the case. The Company House UK does not have a company listed with the above name. And this points to an anonymous platform.

Apart from failing to mention their staff members, we also don’t know the owner. And this is because the platform is a clear scam. Kindly stay away from it or else risk losing everything. Avoid all anonymous investment platforms since you can’t track them down in the event of an emergency. 

Contact and support

Here’s another red flag, there’s no direct contact with staff or team members. You can only write an email and wait for a response.

The platform has a chat box that only takes messages. You have to give them your name, email, and message. We believe the platform could be harvesting data for sale. That’s the reason you find emails from products you haven’t subscribed to.

You have shared your email, and their next move is to sell it to affiliate marketers. That’s one of the many ways the people behind this earn money. The sad thing is. There’s no way of contacting the platform.

Domain history (trywintraders.com review)

For their part, they try their best to show a reliable platform. Their history tries to show a platform that was incorporated in New Zealand in 2004. In 2018, they claim to have been enlisted in the Stock exchange. 

Records of their domain show a different story. Domain records don’t lie and paint an accurate history of events. As we publish this post, the platform is 112 days old. It means they are barely a year in existence.

What we have is a bunch of online users trying to portray a reliable online trading platform. 

Is Try Win Traders Licensed or Registered?

Trywintraders.com Features

Try Win Traders is not a licensed or registered entity and should not be seen as one. Although the disclaimer at the footer of their homepage tries to show a legit entity.Trywintraders.com tries to imply they have a license from the International Financial Commission.

These are false details as the platform does not hold a license. Even the claim the Financial Conduct Authority regulates them is false.

Safety of funds with Try Win Traders

Safety of funds is out of the question with Try Win Traders. We see no reason why anyone would invest in a platform with false registration claims.

Conclusion

With their lies exposed, we have to add them to our blacklist.

Make sure you invest in proven options that offer realistic returns.

Feel free to comment or send an email, and we would be happy to oblige.

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Review

MyCOM Review: Failed ecom platform turns to crypto fraud

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Owing to MyCOM intentionally omitting details of their MLM opportunity in their marketing, this isn’t a typical BehindMLM review.

Hiding information is a common occurrence across the various facets of parent company Tesora Financial’s operations, which made putting together this review a headache.

On that basis alone I’d recommend avoiding MyCOM and Tesora Financial. MLM companies only go to these lengths to hide information when they’re up to no good.

If you want to know what exactly MyCOM and Tesora Financial are up to, read on.

MyCOM is headed up by founder and CEO Jaime Villagomez.

Villagomez is also founder and CEO of Tesora Financial Group (dba Tesora International) and all its attached shell companies.

Villagomez runs MyCOM and Tesora Financial Group from Utah in the US.

MyCOM launched in 2017 as an ecommerce platform MLM company.

Four years later, here’s how that’s going:

MyCOM’s marketplace is a failure on every measurable metric. Thus it’s not surprising Tesora Financial and Villagomez have jumped on the crypto bandwagon.

Before we get into that though I want to go over what MyCOM is pitched as.

Essentially you’re looking at the usual closed ecommerce portal with cashback. As opposed to actual cashback, affiliates, customers and businesses are paid in COMS – which Villagomez stresses “isn’t a cryptocurrency”.

That’s disingenuous though, because at some point there does appear to have been a crypto component to COM points:

That distinction aside, COMS might as well be an in house MyCOM cryptocurrency.

Retail customers receive COMS when they purchase products on MyCOM’s empty marketplace. They can’t cash them out.

Retail merchants are paid in COMS, which they can cash out.

Whether MyCOM affiliates can cash out COMS isn’t specified, which likely means they can (hush hush).

Oh and for some reason COMS can be directly invested into, which makes no sense other than as a money spinner for MyCOM.

On the MLM side of things whether commissions are paid on MyCOM investment isn’t specified.

What we do know is MyCOM charges merchants fees, which funds the cashback (referred to as “shareback” because reasons).

Of this collected cashback fee from the merchant, MyCOM keeps 30% and pays

  • 30% to the purchaser
  • 1% to 4% to the referring MyCOM affiliate (based on how much they’re paying in fees)
  • 4% to the MyCOM Pro Advisor assigned to the store
  • 15% to “regional managers”
  • 20% through a ten-level deep unilevel team

MyCOM intentionally hides this unilevel compensation structure. You won’t find it anywhere on the internet or in their marketing videos.

The reason I’ve seen cited for the deception is because MyCOM doesn’t want to be seen as an MLM company. They feel this will better position them to attract merchants (see screenshot above, that’s going swell).

Shady business practices aside, MyCOM’s Marketplace failed because it’s an outdated model.

MyCOM charges customers for access based on a three-tier pricing model:

  • Basic – no cost
  • Plus – $60 annually
  • VIP – $120 annually

The more you pay the more COM points you can earn.

Oh and as a potential customer, you have to be referred by an existing MyCOM affiliate.

That’s going up against the multitude of free apps and browser cashback/voucher extensions – all of which provide vastly superior coverage of available merchants.

No fees, no restrictive ecosystem to buy into, and some of them actually offer cashback.

That’s what MyCOM’s Marketplace business model is competing against. So it’s no wonder the concept failed.

This is the Achilles’ heel of every MLM ecommerce cashback platform. Fees have the be charged somewhere or there’s no commissions to pay out.

With respect to affiliate fees, MyCOM charges:

  • Business Consultant – $360 annually
  • Professional Rep – $600 annually
  • MyPoint Pro – $900 annually

Again, how much you spend directly impacts earning potential.

MyCOM’s business fees are:

  • Free – no cost, capped at $500 Shareback
  • Plus – $100 annually, capped at $50,000 Shareback
  • VIP – $300 annually, capped at $150,000 Shareback

Same story.

MyPoint membership is $900 annually or $75 a month. It appears to be a purely “upgrade your income potential” membership fee.

Whether commissions are paid out on the above membership fees is not disclosed. I’d assume so, otherwise what else is MyCOM doing with those fees?

Anyway now that we’ve established what MyCOM is and why it failed, let’s move onto the next phase of Tesora Financial: crypto shitcoins.

There are a ton of shell companies within Tesora Financial, only a few of which have been elaborated on.

The primary companies we’re going to reference are Bitcoin Trust, Tesora Trust, Tesora Custody and Tesora Exchange.

Tesora Financial’s primary shitcoin is Bitcoin Trust.

Based on the company’s roadmap, Bitcoin Trust (BCT) is an ERC-20 shitcoin.

ERC-20 shitcoins can be set up in five minutes or so on the ethereum blockchain, at little to no cost.

MyCOM affiliates invest directly into BCT through their backoffice.

As per the above example from Jaime Villagomez’s backoffice, Tesora Financial sells BCT to affiliates for 0.9994 USDT each.

The primary reason for BCT investment, as per Tesora Financial’s own marketing, is the implication that affiliate investors will eventually be able to withdraw more than they invested.

Due to aforementioned secrecy, I wasn’t able to ascertain whether commissions are paid on BCT investment.

Once invested in, BCT is parked with the company. In exchange for doing this, Tesora Financial rewards affiliate investors with more BTC. Internal value goes up, and thus affiliates cash out more than they invested.

In other words BCT is your typical MLM crypto passive investment scheme.

Built into this a shitcoin factory (why stop at one shitcoin), purportedly attached to themed smart-contracts.

One of these shit tokens is “mobility token”:

In a mobility token promo video uploaded in August 2020, My ECOM pitches “you can drive you dream car, for free”.

The idea is affiliates invest in mobility tokens, get more mobility tokens as a return, cash out other people’s money and that money is used to pay off the car loan.

The mobility token scheme has a place on Tesora Financial’s website under “AutoMobility”.

There you find a link to another website, “automobility.it”.

As far as I can tell, Auto Mobility is an independent Italian business that predated MyCOM.

Naturally there’s nothing about a mobility token on Auto Mobility’s website.

The only reference I found was one post on Auto Mobility’s official Facebook page, dated August 2020.

Seems kind of odd Auto Mobility isn’t advertising free cars all over its website.

Other themed shit tokens Tesora Financial pushes is a business startup (power start) and real estate (power house). Same nonsense, invest in tokens, park tokens, get more tokens, cash out – free everything.

Tesora Trust is a secret passive investment opportunity. It has a place on myCOM’s website but the company is intentionally opaque about specifics:

“Holding assets” sounds like another avenue to park tokens, get more tokens and cash out through.

The linked website domain, “tesora.io”, naturally doesn’t work.

Tesora Custody is a passive bitcoin investment opportunity, accessible through myCOM.

Deposit your bitcoin into Tesora Custody and earn more coins!

There is no sense in holding your bitcoins without trading, place them on deposit, and make them work for you!

Sounds like your typical crypto trading Ponzi scheme ruse.

Finally we have “Mining Farm by Tesora Group”, another passive investment opportunity.

Mining Farm by Tesora Group allows through Tesora tokens [sic] for community members to participate without having to manage the technology.

This is the only reference to a “tesora token” I came across.

By offering multiple passive investment opportunities through their MLM opportunity or otherwise, Tesora Financial Group and Jaime Villagomez have created and are promoting multiple securities offerings.

With all of this going down in the US, this means myCOM and Tesora Financial Group need to register their securities offerings with the SEC.

Neither MyCOM, Tesora Financial Group, any of the known shell companies or Jamie Villagomez are registered with the SEC.

And now you know why this is all kept secret and quietly marketed behind closed doors.

To recap;

  • myCOM is a failed ecommerce platform MLM company that hides the fact its an MLM company;
  • parent company Tesora Financial Group has jumped on the crypto bandwagon, launching several passive investment schemes;
  • neither myCOM or Tesora Financial Group are registered with the SEC, meaning the company is committing securities fraud and operating illegally.

You know the drill. This won’t end well.

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Review

hypertech.pro

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In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is hypertech.pro Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

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Review

expertbtctrade.com

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In addition to reviewscenter.net will try to provide their observations and make the best review here. But this monitoring is not complete without your comments, messages and reports. So post your comments on the investment system provided at the end of each post or email reviewscenter.net@gmail.com

NOTE:

reviewscenter.net is not a financial and investment system and it never enter into the investment services’s area.
Our main task is to provide the correct payment for hyips and their related data.
reviewscenter.net has no responsibility for your investments.
Do your investment with more observation and investigation.

Is expertbtctrade.com Scam or Not?

Read articles you may want:

everything a beginner needs to know

how to start investing in bitcoins

Continue Reading

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