novatech
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Book a free of charge consultation with us and we will speak to you immediately – all to assist you file a dispute for a chargeback.
- I certainly anticipate learning more now though.
- Punching those numbers into thecalculatorsite.com transforms a relatively small $1000 investment, without additional contributions, into $2,176,097.87 within 5 years.
Recruiting and building downlines look like a lot more popular than self-trading on Novatech’s software or selling retail products.
Remember, the amount of views for videos showing members how to install the MT5 trading software is 323 and 6.2K .
At the minimum, Novatech FX being truly a pyramid scheme, is an open question.
They even provide a fast-track bonus to encourage one to bring in at least three new recruits inside your first 45 days.
Let’s look at another characteristic of a pyramid scheme, in accordance with Investor.gov.
Red Flag #10 – Novatech Fx Owners And Aws Mining
This works because not everyone withdraws their money at the same time.
If there have been a run on the lender, however, they’d be $9M short.
But banks are FDIC insured , they have assets, and other ways of raising money to cover their liabilities.
If there’s a bank operate on an established bank, most of us have bigger problems.
“Novatech will not own or operate Metatrader 5.
They might be a registered Metatrader 5 broker, however they have no other association with it.
I’d also like to see where or how they’re registered.
The affiliates I met were so nice and welcoming until I started asking questions they couldn’t answer.
Once they realized I was smarter than them and armed with knowledge, I instantly became the enemy & was shunned by all!
Gary in the comment section below discovered the following- now try to defend your situation regarding Novatech ….
But I also can’t help wonder why a trader with that level of skill would work for an income.
Addressing the point
Make Money Through Forex
They are a brokerage on the MT5 platform and that’s what I recall seeing.
As a matter of fact, the CEO has mentioned many times that Novatech nor the petions don’t own MT5, they are a broker on its platform/app.
- The affiliates I met were so nice and welcoming until I started asking questions they couldn’t answer.
- And they rely on new money and whatever they haven’t yet touched to keep up the facade of legitimacy.
- In terms of NovaTechFX, we must admit that it was a letdown.
- In the event that you walked into any financial institution on earth and told them the business you’ve invested your cash with is giving you 300+ percent each year, you’d hear laughter for miles.
If the lender gives Novatech $10 billion… at 3% compounded weekly, the lender will get $36.5 billion (plus their $10 billion investment), for a total of $46.5 billion.
If they reinvest that money for another year, they’ll have nearly $220 billion… and in only yet another year, a TRILLION dollars.
Buying in and out daily can explain greater than average returns.
It can also be a reason for poor reporting if they are holding multiple positions daily.
You would need multiple “snapshots” throughout the day, and also then, things change quickly, and individual snapshots wouldn’t mean anything to anyone.
By the time someone analyzed one, the positions would have changed.
The thing is they’ve been paying for more almost 4 years consistently.
Should they were a scam or perhaps a ponzi scheme, I really believe they would’ve collapsed way back when through all of the crashes way back when.
This will needless to say only exponentially grow NovaTech FX’s withdrawal deficit, as whatever new money was flowing in will drop to almost nothing given that withdrawals are disabled.
We use dedicated people and clever technology to guard our platform.
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The mobile applications support all trading functions and invite you to monitor account status, view your trading history and much more.
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