Stead Fast Tradex is perhaps one of the most obvious scams in recent times. They claim to be involved with early crypto related business opportunities and ICO. Profits advertised by them range from 20% hourly to over 300% hourly and as expected, they don’t highlight all of the risks present.
Clearly, they are unregulated and looking at their MLM structure, they are bound to go down in the near future. If you want to know more about them, the following paragraphs are there to enlighten you.
Stead Fast Tradex Overview
Stead Fast Tradex is an investment portal or at least that is what they portray themselves as. Management behind this platform is kept secret and that is for a sinister reason. As we mentioned before, they claim to make money from crypto related projects, but the devil is in the details.
There is no breakdown about their cash flow or investments. Holdings are not shared and there are no audited reports present. Basically, the entire thing is a facade and it’s only a matter of time before they crumble to the ground.
Investment Plans and Profits
They advertise 5 investment plans wherein returns depend upon the starting capital. Long story short, for more returns, clients are asked to commit more funds. ROI promised by them ranges from 20% to 300% hourly.
Be honest and ask yourself, is it even remotely in the realm of possibility to sustain these numbers? If they could achieve these returns, why would they give it away for free? Once you start thinking rationally, their deceptive tricks are easy to see through.
Stead Fast Tradex Contact Details
Few contact details are showcased on their website. Note that their working hours aren’t published and there are no guarantees provided by them in terms of time taken to reply.
Email – support@steadfasttradex.com
Address – Level 24, Three International Towers, 300 Barangaroo Avenue, Sydney, NSW 2000, Australia
Bottom Line
If you have lost money to Stead Fast Tradex, then we urge you to report to your local law enforcement authorities at the earliest. Gather as much evidence as possible and reach out to us to know about alternative options present.