ET Trading Review – Is et16.trading a SCAM?

Welcome to our ET Trading Review concerning the website currently found at et16.trading.

If they have scammed you, please let us know by commenting below this review.

ET Trading Review - Screenshot of et16.trading

On May 19, 2023, a South Carolina, USA person who reported losing $185,000 for a cryptocurrency scam left the following review with the BBB (Better Business Bureau):

I was approached through Messenger by a woman named Keiko Lee. Later, she asked me to download the Line app to continue our conversation on that platform. She claimed to work for an international company called E.TSYSTEMS and mentioned that her sister provided data for buying and selling cryptocurrencies.

 

Keiko provided me with a website, https://www.et.trading/, and claimed that people were able to double or triple their accounts using three rounds of data provided by her sister in New York.

So is ET Trading (et16.trading) a SCAM?

Et16.trading Review

The domain et16.trading was registered through Cloudflare for one year on March 11, 2023. The registrant contact is located in Georgia.

It can be read in English, Japanese, or Chinese.

According to the website, this platform called ET allows users to invest in the future by buying, selling, and holding over 185 cryptocurrencies.

The company behind ET, E.TSYSTEMS, boasts next-level reliability, claiming to have experienced no outages or breaches since its inception.

They assure users that their platform is protected by industry-leading security measures and enhanced by leading blockchain custodial solutions, ensuring the safety of users’ assets.

Traders can allegedly select from various trading indicators and techniques to create sophisticated trading plans incorporating multiple market indicators.

The website proudly displays the impressive statistics achieved by ET, including 385,000 global customers, 104 million accumulated trading transactions, and a current stock of 56 million. However, our sources tell us that the website barely gets any traffic.

The featured testimonials from satisfied clients showcase their favorable experiences with ET. These testimonials look fake, and a quick Google search confirms our suspicions that the images are stock images.

Trying to access the platform redirects the user to a login page on a different domain, t.et16.xyz.

In fact, there are no other pages apparently on et16.trading; it’s a mere landing page that leads to -a sign-up or login page at t.et16.xyz.

The copyright line reads “© 2016-2023 ET Trading,” even though, as we’ve seen, the domain is from 2023.

There’s no contact information on the page, just a contact form.

There’s also a live chat page on t.et16.xyz.

ET Trading  Reviews

According to scamadviser.com, et16.trading has a low trust score (22/100) and they consider it potentially risky.

The website has no reviews and there are negative indicators that suggest it may be a scam.

Some of these indicators include the owner hiding their identity, low website visitors, the detection of cryptocurrency services (considered high risk), and the use of anonymous payment methods.

The website is relatively new and registered only recently. It is advisable to conduct further verification before purchasing or sharing personal information.

Conclusion

Based on the information and reviews available, ET Trading (et16.trading) appears to be a potentially risky website.

The lack of transparency, including the owner hiding their identity, raises concerns about its legitimacy.

Additionally, the website’s low trust score and the absence of customer reviews indicate a higher likelihood of it being a scam.

If you have fallen victim to this scam, please share your experience by commenting below. 

If you lost money online to scams, get a free consultation with one of our recommended scam recovery companies.

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