8TOPUZ is a website that sells the idea of AI automated trading. Their clients are those who have zero knowledge in trading. It can’t be the client who knows what trading is as this will spoil the math.

The vendor claims they are generating 21% return on investment Per Annum, meaning that they are basically targeting high networth clients as well.

Keep in mind that the higher the deposit, the higher the purported return on investment. This is a basic fact but also one that investment scams use to attract more money into their pockets.

For example, if you deposit $500, 8Topuz will allegedly give you $10 monthly profit or less. But if you invest $500,000 for instance, they will generate a $200 profit in the first month. This is according to their investment calculator, not my opinion.

The website in question can be found at 8TOPUZ.com. It first appeared on the internet in February 2018.

8Topuz has offices in United States, Cyprus and Saint Vincent and the Grenadines (SVG).

Unfortunately, Cyprus and the SVG jurisdicitions are known to host investment scams. When an investment broker decides to put up an office in these locations, it could mean red flags (most of the time).

Besides, I don’t see the need for a US-based investment broker to put up offices in these offshore locations if they are truly legitimate.

That said, there are many factors to consider before signing up. But many first-time investors would rather sign up based on the convincing aesthetic apperance and professionalism of the 8Topuz website.

If you are like this, you will lose your money to the numerous investment scams across the internet. This is why I give specific trading and investment product recommendations on this section of my blog. I don’t include anything else that looks or smells like a scam. Reputation of this blog matters.

8Topuz Review: Specific Details of the product/service

The platform is offering 3 different kinds of investment packages. For $500+, a client can quickly sign up for a package that yields 1.6% monthly returns.

$10,000+ gets you a 2-3% monthly ROI.

8Topuz has also listed another kind of investment package where clients can deposit $100,000+. However, this package appears to be inactive at this time.

Basically, for a transcation like this to pass through all the security checks, there will be a lot involved, and scammers are basically not interested in this kind of deposit unless you’re using Cryptocurrencies.

Information about 8Topuz, company and people that run this website

The company (8topuz Wealth Fintech Ltd) is operating out of Cyprus. Now, this company claims in their marketing materials that they are an investment advisor of A.R. Suisse Financial GmbH. The GmbH part of it means they’re based in Switzerland.

Additionally, 8Topuz claims that they are a partner of FX Capital MA Ltd. Unfortunately, FX Capital MA ltd is just a signal provider of another company called Pelican Trading. They are not regulated.

Based on this information, we can deduce that the company whose review you are reading is operating inside a network of several other companies.

We understand that 8Topuz is basically an offshore company since they admit that they are headquatered in Cyprus.

Due to the reputation of this jurisdicition, we feel that it is a bit risky trusting investment companies that choose these offshore location for their abord.

And since 8Topuz is one of the companies that have chosen an offshore location like Cyprus, we need to be cautious because this says a lot about the people that run this platform.

They want to avoid tighter regulations. But tighter regulations are good for the safety of their clients’ interest.

Is it worth investing in this company’s AI automated trading?

In my opinion, their approach is more of a hedge fund than a typical Forex trading operation. This means that returns will be lower than what typical Forex investment operations can generate.

However, this company is also accepting as little as $500 in deposits. If their ROI projections are anything to go by, then we can conclude that depositing this little won’t be worth it as the profits will be insignificant.

On the other hand, trusting an offshore investment broker with $100,000 is also a huge risk. The higher the deposit, the more the returns. But how can we safely entrust them with this kind of money if they don’t actually have a regulator’s license of their own?

The Conclusion

In the end, it boils down to your willingness to take risks. For me, I would be very cautious because 8Topuz is actually registered in an offshore location like your typical Forex scam.

Secondly, they say their performance report is audited by companies like KPMG and McMillanWoods yet they are not willing to make use of a statement sharing platform like myfxbook.

The company is also not disclosing the assets which they trade, their risk analysis procedure and so on.

They tend to focus more on their marketing materials where they suggest that the idea that AI automated trading is what matters. Nevertheless, the average investor wants specific info like drawdown, risk, withdrawals, floating PL etc.

That said, I would not recommend 8Topuz due to lack of transparency.