PlatinumLiveMining Review: A Shady Broker

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PlatinumLiveMining Review
  • Regulation
  • Withdrawal and Deposits
  • Fund Safety


PlatinumLiveMining does not have a demo account to test and familiarise with its operation before investing real money. So you are likely to end up purchasing the wrong tools. Also, they have negative reviews, and it’s risky to ignore such information.

PlatinumLiveMining is an online trading company that aims to provide crypto investment services. The company has four steps for registration for its services. Also, they require you to immediately set up an account and start earning profitably from its services. Before investing, you should consider several factors, don’t you think? The trading world is not a walk in the park, and without proper investment strategies, your investment experience will be awful.

PlatinumLiveMining Review, PlatinumLiveMining Company

PlatinumLiveMining estimates massive investment returns. The figure it projects is not even attainable in well-established companies. Meanwhile, these crypto trading companies apply tried-and-tested strategies, and you can rely on them for sensible outcomes. The company claims to offer respect-winning exchange platforms with tight spreads and quality executions. However, the website barely has any relevant information regarding how it functions.

The investment firm claims to be the leader in forex investment. News spreads fast in the 21st century. Also, the traffic should be higher if there were attaining the speculated outcomes. PlatinumLiveMining does not have a suitable style to beat the increased competition in the market. Also, the investment world faces high volatility. So risk management measures such as stopping loss to take profit help in curbing losses during sudden market shifts. Review aims to avail investment services to all sorts of traders. Nevertheless, no expert trader will waste a single dime in the entity. Therefore the main targets are innocent customers who hardly know how the market maneuvers. The company does not provide any video tutorials or webinars to assist beginners in understanding how the market functions. Additionally, trading without proper education understanding of the market is inadvisable.

The company not only fails to reveal how it operates. There is no data regarding the founders or its employees. They do not provide any qualifications to prove that you rely on exports for trading directions. Scammers maintain high anonymity, and similar traits are visible in PlatinumLiveMining. Hence, they will form clone companies and attempt to rob more money from innocent traders.

PlatinumLiveMining fails to reveal the kind of algorithm its software uses. Additionally, you should be cautious not to purchase the wrong tools while attempting to escape emotional interference during trading. Scammers often lower customers by promising state-of-the-art technology. However, upon purchasing similar instruments and the results are not shocking. Nothing the company offers customers or promises you are sensible.

How Operates does not have a suitable style of operation. The company appears to only be after your money, and you will not receive any trading services. Also, the ambiguity it is exposes resembles that of fraudulent entities. So expecting some sort of preferential treatment is illogic. PlatinumLiveMining will find multiple ways to persuade you into making a hefty deposit.

Therefore it explains why the estimation of the returns is overestimated. Also, you may come across bonuses on the first deposit up to 100% to match your initial amount. Nevertheless, you cannot access the reward money even after meeting the tasks. The company will likely cut off communications with you upon receiving your money. You will not even be able to access the website or your account.

The investment firm does not feature any evidence of trade transactions going. Also, they may be making negative returns, which explains why trade information is missing. Additionally, trade history for 3months or more helps determine the kind of returns to expect. The software is not compatible with MetaTrader and may expose you to third-party attacks. Also, the platform generates news and market analysis. However, the same information comes from third parties who are mysterious and unreliable.

Funds Safety at PlatinumLiveMining

PlatinumLiveMining does not guarantee any security of your money. Also, investing is at your own risk, and your money is not safe. Moreover, the safety of your funds should be a top priority to consider in any company before investing. Even so, relying on mysterious people puts your money at risk. Personal data May end up in the wrong hands supporting criminal activities.

PlatinumLiveMining appears only to benefit the people behind its operation. The company does not have any evidence of swift transactions made by its customers. The anonymous people behind operations may end up keeping money in personal accounts. Since the entity does not feature bank data to prove your money is safe. 

PlatinumLiveMining does not have a demo account to test and familiarise with its operation before investing real money. So you are likely to end up purchasing the wrong tools. Also, they have negative reviews, and it’s risky to ignore such information.

PlatinumLiveMining Deposit and Withdrawals

The broker minimum trade amount is $5000. The figure is quite costly, considering the ambiguity it exposes. The company guarantees up to a 250% deposit bonus. However, you can fund your account via MasterCard, Bitcoin, Skrill, and Neteller.

Furthermore, wire transfer and bitcoin transactions are irreversible. Therefore you should use the credit or debit option for chargeback up to 540 days. The company does not have any data to showcase successful withdrawals made by its customers. 

Scammers find ways to hold your money for long. They will end up disappearing with your funds. The company may expose you to hefty commission charges. Even afterward, you will still be unable to access your cashback. PlatinumLiveMining will put you through at half-time trying to access your money. You should avoid investing even a single coin in the company. Additionally, you can benefit from the affiliate program. Nevertheless, inviting friends and family over only exposes them to scam potential.

Customer Support

PlatinumLiveMining allows you to contact them via a section available on its website. The company location address is 49E 4th St Cincinnati oh 45202. However, the same address information has no relation with the com during fact-checking. Additionally, working customer support helps gain more trust between you and the company.

PlatinumLiveMining exposes a lot of scam characteristics, and they are likely to cut off communications with you upon receiving your money. The company and to provide a friendly interface that is not attainable easily without proper customer relations. In addition, you should receive an instant response to your query, if not fast. The company features an email address that you can use to reach them. However, the main concern is if you will receive any response.

Regulation Status of PlatinumLiveMining

PlatinumLiveMining does not appear under the radar of any regulator. Additionally, it is illegal to offer investment services without fully following regulation procedures. Scammers cannot afford regulation field and off quickly in the face of bankruptcy.

Therefore these regulated crypto trading companies showcase a high level of transparency. You can easily find and verify the regulation documents available with the responsible watchdogs. The company does not provide information about the founders because they risk facing criminal charges. Also, scammers break trade guidelines since they are not bound to any laws.

Final Verdict

PlatinumLiveMining it’s not worthy for investment purposes. The company will only lead to losses of funds. Also, you expose your money, personal information may end up in the criminal’s hands. Moreover, you should research and read reviews from reliable sources before investing.

Accordingly, these crypto trading companies attract pleasant investment experiences. Unlike that exposes multiple red flags. You should avoid the company at all costs.


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