UltraFX.biz Review. Is Ultra FX Scam or Legit?


UltraFX.biz Scam Alert!

 

Are you here to find out what is UltraFX.biz, either is UltraFX.biz a scam or a legit? If so then here, within our Ultra FX review, you are going to find out the complete truth about this company.

 

So, What is Ultra FX? Is Ultra FX a scam or a legit? Is Ultra FX safe to invest or not?

UltraFX is a Ponzi Pyramid hybrid which means it is an illegal and unsustainable scheme. So, Ultra FX is a scam and isn't safe to invest money. If you don't know what is Ponzi scheme and Pyramid scheme, then you can click the following respective links:-

Ponzi scheme:- newsonlineincome.com/ponzi-scheme/

Pyramid scheme:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/

  

Now it is clear either is UltraFX a scam or a legit, what is UltraFX in real. However, if you want to find out more about this company, then also you don't have to search any other UltraFX reviews because here, within our UltraFX review, you are going to find out the complete details. So, you search for UltraFX.biz reviews ends here. However, after knowing the fact that UltraFX is a scam company, if you don't want to find out more details on it, but instead want to find out the list of legit online money making opportunities, then you can find that by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/

 

Among all of those legit online money making opportunities, our No.1 recommendation is Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/

 

OK, let's continue with our UltraFX Limited review to find out in detail what is UltraFX Limited and why is UltraFX Limited a scam, a Ponzi Pyramid hybrid.


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UltraFX complaints. UltraFX fake or real? UltraFX legit or fraud?

UltraFX login and join in link:- UltraFX.biz (Not recommended to join, it's a scam)


Why is a UltraFX fraud company?

UltraFX is a fraud company due to the following reasons:-

  1. UltraFX hasn't provided the real information about who and from where is operating the UltraFX and has provided the registered document from the UK Companies House. But, that is not a big deal because anyone can provide the fake details to register a company in UK Companies House. In order to find out how the companies are registered in UK Companies House, we suggest you take a look at our this post:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
  2. UltraFX claims to pay its members up to 145% profit in 14 days but fails to provide the proof of its income source. Although it claims it can make such huge amount of profit by investing in bitcoin mining and trading, that isn't real claim because the real cryptocurrency mining companies like Genesis Mining never can guarantee such high rate of return on such a short period of time. If you don't know what is Genesis Mining, then you can find the details on Genesis Mining by clicking this link:- newsonlineincome.com/genesis-mining/
  3. There is not any verifiable source of income coming into the UltraFX other than the money invested by the affiliates.
  4. If any company can generate profit to pay up to 145% in 14 days on the investment amount of members, then why that company needs to collect the investment from the several people and pay them 145% in 14 days instead of taking a loan from a bank at much more lower rate, around 1% monthly? Don't you think that anyone who can make more than 145% profit in 14 days will like to take a loan from a bank by paying less than 1% monthly, if not a business loan, then a personal loan instead of taking investment from several people and paying them 145% profit in 14 days? So, this kind of business model proves itself to be a Ponzi scheme.
  5. The Ponzi schemes like UltraFX Limited only pay few members at starting by routing the money between the members in order to show the payment proofs so that they can lure more people into their scam and collect the huge amount of money and run away with that. So, don't fall for these kinds of companies because it is 100% confirmed that they will stop paying very soon later.
  6. UltraFX is also a Pyramid scheme because it offers the referral commission up to 5 level downlines same like MLM (Multi-Level Marking) companies, but on the sales of its ROI Ponzi plans, not on the sales of any real products or services. So, if any company offers the referral commission up to multi-level downlines without selling any real products or services, then that company falls into an illegal scheme known as a Pyramid scheme.
  7. These kinds of companies are not new. There were 1000s of these kinds of companies which have already scammed the millions of money from various people. Some of them even get caught by the legal authorities. Involving with these kinds of companies is a crime and legal authorities have already warned people not to join these kinds of companies.

Aforementioned, UltraFX is a combination of two illegal schemes which are Ponzi and Pyramid schemes. So, UltraFX Limited is a scam. So, we have listed it within our Bad and Scams category.


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