In the fast-paced and lucrative world of online trading, the promise of quick riches can often cloud one’s judgment. One platform that has come under scrutiny is Safe Options Trade (safeoptionstrade.com). This article sheds light on the deceptive practices of Safe Options Trade, exposing their lies, fabricated team of experts, investment schemes, fake statistics, and counterfeit reviews.
What is the company about?
Safe Options Trade, like many fraudulent trading platforms, attempts to bolster its image and credibility by claiming to have a team of experts who will guide your investments to success. This is a common tactic scam operations use to create an illusion of trustworthiness and professionalism. However, a closer inspection of their alleged team of experts reveals a troubling reality.
Stock Photos and Image Banks: A key red flag that immediately raises suspicions is the use of stock photos to represent their team members. Safe Options Trade features photos of individuals who are purportedly experts in the field of trading. These images are often generic and do not correspond to any real individuals associated with the company. Moreover, many of these photos are readily identifiable as stock photos available on image banks or other websites.
Lack of Verifiable Identities: Legitimate trading and investment firms typically have a team of real experts with verifiable identities. They often provide detailed profiles of their team members, including their qualifications, experience, and professional backgrounds. In contrast, the platform fails to provide any credible information about the qualifications or identities of their supposed experts.
Inconsistent Information: Another glaring issue is the inconsistency in the information presented about these alleged experts. Their names, titles, and backgrounds often lack coherence, and there is a lack of any verifiable professional online presence. Legitimate financial experts usually have a digital footprint in the form of publications, industry recognition, and social media profiles.
Limited Contact and Transparency: Scam trading platforms, including Safe Options Trade, typically provide limited avenues for investors to contact their so-called experts. The lack of direct and transparent communication with these individuals is a deliberate attempt to keep investors in the dark about the true nature of the operation.
Safe Options Trade Investment Schemes
Safe Options Trade offers multiple investment packages, each with a different minimum initial deposit requirement. These packages are often named “Basic,” “Standard,” “Premium,” and “Gold,” and they come with enticing offers.
Basic: This package typically requires an initial deposit of $350 or more, and it may include a 10% deposit bonus. However, it offers no risk-free trades, training, or free signals. Investors in this package are assigned a junior broker and are promised 24/7 support.
Standard: The “Standard” package typically demands an initial deposit of $1,000 or more. It offers a 12.5% deposit bonus, three risk-free trades, preliminary training, free signals, and the assistance of a senior broker, along with 24/7 support.
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Premium: Investors interested in the “Premium” package are usually required to deposit $3,000 or more. This package offers a 15% deposit bonus, five risk-free trades, basic training, expert signals, and the support of a professional broker, as well as 24/7 customer support.
Gold: The “Gold” package is the most exclusive, requiring an initial deposit of $10,000 or more. It boasts a 20% deposit bonus, ten risk-free trades, full training, premium signals, and the services of an executive broker and analyst, along with 24/7 support.
Safe Options Trade Promised Bonuses
Safe Options Trade often advertises deposit bonuses as part of their investment packages. These bonuses can be tempting, as they appear to provide additional funds for trading. However, such bonuses often come with strings attached, such as stringent withdrawal conditions, making it difficult for investors to access their own money.
Fake Statistics and Fake Reviews
On their official website, Safe Options Trade displays statistics and charts purportedly showing impressive investment returns. However, these statistics are often fabricated, meant to give the illusion of a successful trading platform. Prospective investors should take such data with skepticism, as these numbers cannot be independently verified.
Positive reviews on the company’s website are another tool used to create an illusion of trustworthiness. These reviews are often fraudulent and penned by the scammers themselves, aimed at convincing potential investors that their platform is legitimate. In reality, they only serve as a veil to hide the scam’s true nature.
How Does the Scam Work?
The operation of Safe Options Trade can be summed up in a few simple steps:
- Attractive Offers: The company lures investors with enticing packages, promising substantial investment returns and various bonuses.
- Deceptive Team: They present a fictitious team of experts, using stock photos to give a sense of legitimacy.
- Fake Data: Fabricated statistics and charts on their website create the illusion of a successful trading platform.
- Fake Reviews: Counterfeit reviews, often penned by the scammers themselves, further mislead potential investors.
- Loss of Funds: Once investors deposit their money, they quickly discover that the platform is nothing more than a scam. Their funds are at risk, and any profits promised are elusive.
Complaints We Received
November 2023
A person from Poland reported losing over $1000 for this scam:
I was scammed by a company based in Las Vegas called SAFEOPTIONSTRADE. Someone from Poland contacted me on Instagram, offering me a deal if I paid 300 PLN into his Bitcoin account and then transferred the money to him. When I began inquiring about the payment, he redirected me to WhatsApp. There, I communicated with a woman named Ewa, who then requested additional payments for a 10% commission to transfer funds from my account. She told me I had to pay tax on the withdrawal, and eventually, I was asked to pay tax on cryptocurrencies as well. In total, they received $1,012 from me, and there’s a balance of $337 left in my trading account. The rest of the money is missing, and I am unable to retrieve the funds that were sent to their Bitcoin address.
Safe Options Trade Review Conclusion
In the world of online trading, it’s crucial to exercise caution. It is advisable to avoid Safe Options Trade and any similar platforms that employ such deceptive tactics.
Investors should always conduct thorough research, seek reliable sources of information, and be aware of the warning signs of a scam to protect their financial interests in online trading. Remember that if an opportunity appears too good to be true, it probably is.
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!
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