SZ7Traders.com Review

Not yet rated
1 • 2 REVIEWS
Out of business
Updated: Jun 6, 2022

WARNING: SZ7Traders.com appears to be a HYIP.  So far, all HYIPS the FPA is aware of turned out to be Ponzi Schemes.  The FPA strongly recommends AGAINST placing money with any HYIP.

Please read this article for more information on HYIPS and similar companies...

Ponzi Schemes and HYIPS - Free Money Traps

Website is down. Company seems to be out of business.

SZ7Traders.com
Out of business
1 • 2 REVIEWS

Recent User Reviews of SZ7Traders.com

B
Bbxgrez
FLA, USA,
Feb 11, 2021,
Registered user

Scam, stay away.

Service use: Live Length of use: 0-3 Months
This person/company offers packages ranging from a minimum deposit of $600 to a hefty $1,000,000. The claim is that they can provide a weekly profit double of what you deposit. So, if you would purchase $600 worth of Bitcoin and send it to their crypto wallet. It would be applied to your trade account that you would create beforehand on their website and trading would start immediately. They require seven “trading” days before you can try to make a withdrawal of your profit. Problem is that in order for you to withdraw your profit you would need to deposit an additional “commission fee”. This commission fee is 20% of your “profit”. In my case my $575 deposit (Coinbase transaction fees from my $600) amounted to a $12,588 profit after seven days. So, in order to receive my profit I would have needed to deposit an additional $2,517 for their “commission fee”. That’s about $3,000 that I would have had to shell over in total to get my profit. So, the goal is to have you deposit large amount of money for it to get flipped double the profit so you would have to pay an additional “commission fee” on top of your initial deposit. You could easily be trying to deposit a commission fee that is 2,000, 3000, 5000, or more depending on the projected profit.

Ironically, before I finally decided to give this company a try. I talked with a “financial manager” via “What’s App” for this company. I was very thorough in my questions in regards to their business practices. I asked directly if there was a fee, or if I would need to deposit additional money before I could get my profit. It was stated to me that there was a “commission fee” but it would get taken out your profit. I was told that there was no additional money needed in order to receive my profit. Of course, when I made reference to this upon making my withdrawal. I was told there was a “misunderstanding” and I go back to re-read our conversation. No worries though. Until I pay the commission fee my profit will be locked away.
J
juango45
Florida, USA,
Sep 12, 2020,
Registered user

Stay away from this company

Service use: Live Length of use: 0-3 Months
i sent them money. I was told you will get you money no withdiwn fee is needed. then . he was asking me for a fee. company had changed policy. Scam
1 trader has found this review helpful