HP Options Trade Live is a website that claims to offer powerful trading platforms, high leverage, and several other services to traders and investors. However, based on the reported experiences of victims, the website’s practices appear to be deceptive and potentially fraudulent.
The website’s claim to offer only one investment plan, the request to deposit funds via Bitcoin, and the insistence on additional fees for withdrawals are all warning signs of a potential scam.
To gain a more comprehensive understanding of the hpoptionstrade.live website, you can read the following article to become more informed about the potential risks associated with this website, and take appropriate measures to protect yourself and your finances.
HP Options Trade Live is apparently an online trading platform that offers trading services to individuals who want to invest in financial markets. The website promises a powerful trading platform, high leverage, fast execution, 24/7 live chat support, and advanced security systems to keep your account protected. However, many investors have reported losing money on the platform and have labeled it as a scam.
Also, there is no information on the website about the company’s history or the team behind the platform. This lack of transparency is a red flag that raises concerns about the legitimacy of the platform. Some of the other red flags to watch out for include promises of high returns with low risk and pressure tactics to encourage immediate investments.
HP Options Trade Live Investment Schemes
HP Options Trade Live offers only one investment plan, which is a $50 investment plan. This plan promises a minimum return of $4 and a maximum return of $8.
It is indeed concerning if any website only provides one investment plan, as it may indicate that the company is not truly interested in providing a diverse range of investment options for its clients. A lack of investment options can be a warning sign for potential fraudulent activity, as scammers may use a single investment plan to lure unsuspecting investors into investing large sums of money.
Diversification is an important principle of investing, as it helps to spread risk across different asset classes and reduce the overall risk of the portfolio. A lack of investment options may limit investors’ ability to diversify their portfolios and increase the risk of losses. If a company only offers a single investment plan, investors should be particularly cautious and consider alternative investment options with a greater degree of diversity.
Social Media Presence
HP Options Trade Live claims to have a social media presence on various platforms, including Facebook, Twitter, and Instagram. However, upon further investigation, we found that the links provided on the website were bogus, and the social media accounts were non-existent.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
This lack of a real social media presence is a warning sign for investors, as legitimate investment companies typically have a strong presence on social media to engage with their clients and provide updates on market trends. The fact that hpoptionstrade.live provides fake links and non-existent accounts raises serious doubts about the safety and security of investing with them.
A complaint was filed with the BBB by a Washington, USA person who claims being scammed by hpoptionstrade.live:
An individual reported falling victim to an investment scam on this website. The website required a deposit in Bitcoin to initiate an account, and the victim deposited $360. After receiving a large sum of money from a supposed lottery winner named Becky Bell, the victim encountered issues with withdrawing the money to their bank account.
A live chat agent named Shalom from the website then requested a $2000 fee for the withdrawal, and Bell offered to help with $1000 if the victim also deposited $1000. However, Bell did not follow through with her promise. The victim reported the incident to the local police and discovered that hpoptionstrade.live is a scam website.
Here’s another BBB complaint about this scam:
I recently reached out to lottery winner Becky Bell to congratulate her. She then mentioned that she was blessing a few families with some funds. She sent me a link to a website to receive the funds.
I followed the instructions and went to the nearest Bitcoin ATM to deposit funds to activate the account. After doing so, I went back to the website and saw that the funds appeared to be there. I uploaded my ID for proof of identity and my bank account information for the withdrawal option.
I then attempted to withdraw a small amount to my bank, but received an email from the website stating that I needed to pay tax fees and IRS fees before I could withdraw. Reluctantly, I paid the fees and my account balance went to zero. I messaged Becky Bell about my situation and she offered to reset my password, but I refused to give out my information.
The next day, I logged in again and saw that the funds were there once more, but this time with a certain amount missing that I had tried to withdraw. None of the missing amount was credited to my account or received in any manner. I reached out to Becky Bell again, but did not receive a response.
There are several bad experiences reported by customers with the website. These may include:
- Difficulty Withdrawing Funds: Many customers have reported having difficulty withdrawing their funds once deposited on the website. The withdrawal process may be complicated, and some customers have reported that they were asked to pay additional fees or provide additional documentation before they could withdraw their funds.
- Lack of Customer Support: Customers have also reported that they have had trouble getting in touch with customer support. They may have had difficulty getting their questions answered or getting help with issues related to their account.
- Poor Trading Performance: People have complained that they experienced poor trading performance while using hpoptionstrade.live. They may have lost money on their investments or felt that their trades were not executed in a timely or effective manner.
HP Options Trade Live provides an email address: email@example.com.
However, people have reported that the email address is fake and nobody responds. The website claims that the head office is located at No 10 Mission Road, Nigeria. Again, this information is also unverifiable.
HP Options Trade Live Conclusion
Based on our analysis, we have identified several red flags that indicate that HP Options Trade Live may be a scam. Therefore, we recommend that you exercise caution when dealing with this platform.
Before investing your money in any platform, make sure you do your due diligence, research the company’s background, and read reviews from other users to ensure that your funds are safe.
If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We are here to assist you in recovering your funds!
Want to be kept updated regarding similar scams?