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SolidTrade BANK Review

By on April 7, 2015 in High Yield Investment Programmes with 0 Comments

Thank you for taking the time out of your day to have a look at my review of SolidTrade BANK.

I stumbled upon SolidTrade BANK because it was listed on a new HYIP Monitor; well new to me anyway.  The monitor was HYIP.com and SolidTrade BANK was listed as one of the Top High Yield Investment Programmes (HYIP) and was in a current status of ‘Paying’.


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Solid Trade Bank Review

Solid Trade Bank Review

I thought I’d check out the website and what they had to offer.

SolidTrade BANK suggests that it is involved in the Investment Bank industry with subsidiary companies in the following sectors:

  • Oil and gas industry
  • Forex Trading
  • Banking
  • Heavy industry
  • Real Estate and Insurance

Okay so already huge alarm bells are going off for me.  Are they for you?

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What Investment Bank with subsidiaries in the above sectors is truly interested in getting $100 to a few $1000 from Joe and Jane Average.  I can tell you.  None!

That’s what high street banks do and they do it very well and are heavily regulated by bodies like the FCA www.fca.org.uk

To me SolidTrade BANK looks very typical of a HYIP which basically uses the Ponzi scam model to trick people into investing their money into a bogus investment plan that may initially pay out.  This initial payout is made using other investors deposits.  The scam being that naive investors will seek to reinvest and usually larger sums.  At this point the HYIP closes and leaves all investors without deposits and returns.

Without proper control or governance investors have no hope of getting their deposits back or their returns.

What I found quite interesting and worrying was that when looking at the Terms of Service page some of the fundamentals like email addresses and addresses where missing or replaced by XXXX – Is this site even finished?

SolidTrade BANK’s website doesn’t tell you anything about the investment opportunities available until you register for an account.  I would urge caution before you enter your personal details into their website.

Is SolidTrade BANK a Scam?

Its very difficult for me to categorically state that SolidTrade BANK is a scam because I do not work for them, I’m not affiliated with them and I do not have funds invested with them however what I can say is that most, if not all High Yield Investment Programmes, are Ponzi schemes and therefore scams.  Investing in them is not an investment it is gambling; a game of risk.

My Recommendation

SolidTrade BANK doesn’t look like a safe bet for your money so I would avoid investing with them.  I personally make money online every day using a simple system. Click here to watch a free video presentation that explains the simple yet effective system I use.

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