Alternative Income Review: Another Scam (thealternativeincome.com)

 
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Welcome to the Alternative Income review. What exactly does this company offer?

In our review, we noted that the company is offering investment recommendation, a phony ‘fund my account’ scheme and an unlicensed managed account service.

The company is operated from the thealternativeincome.com website which was privately registered in March 2022.

The owner refused to disclose their identity but claimed that they are a small community that came together to ‘help Americans earn more money”.

In addition to this, Alternative Income is selling a trading robot for $999 monthly. Consumers are required to sign up at the Atas trading platform to download the trading software.

Furthermore, our review observed that users of Alternative Income are promised $200,000 in free trading capital.

In other words, this investment website is looking for suckers who can spend $999 monthly to automate their trades on the funded account.

They are basically promising free money for trading and the best thing is that you don’t have to know anything about trading.

The robot will just post profits and you keep 100% of your returns. This is what thealternativeincome.com is proclaiming.

Alternative Income Review: thealternativeincome.com not legit but a clear scam

This company is selling trading education costing $499 to $999 monthly. They promise free trading capital but in the real sense, this is a trap that they use to hoodwink consumers.

Alternative Income funded trading accounts is a scam because consumers pay for it on a monthly basis but none of the people who apply for the trading accounts are ever successful.

Is there a refund? Of course not.

We’ve written about these ‘fund me for free’ trading schemes before and demonstrated clearly how they are a scam. Proper examples are Funded Trading Plus, SkilledMarkets and Try2bfunded.

Alternative Income review: Why you should not pay this scam

First of all, the company does not provide verifiable trading results but is clearly a sales page that manipulates the emotions of a financially naive audience before convincing them to make a purchase.

Thealternativeincome.com is operated by faceless people who are calling themselves ‘experts’ and demanding hundreds of dollars from naive consumers.

They cannot demonstrate their prowess in trading and therefore lack the moral authority to teach you anything.

If they cannot trade themselves, then you can be sure that the training and other services which they purport to offer is a scam.

Also, in our review, we are asking a very straight question. If these guys have created a robot that automates investments, why do they need newbies to trade their ‘funded accounts’?

Secondly, we observed that thealternativeincome.com has suspicious user reviews on the controversial Trustpilot website.

These reviews are clearly fake because they’re all 5 star rated and proclaiming the goodness of thealternativeincome.com scam in the hope that consumers will fall for the lies.

The Conclusion of this thealternativeincome.com review

The truth is that this scam has invested in a clever marketing strategy. The sales people behind thealternativeincome.com are excellently doing their job in a crafty way.

This scam is so confident that they don’t even attempt to provide a phony or hypothetical track record. They’re are so confident that suckers will pull out their credit cards without asking these questions.

Avoid this investment fraud at all cost.

Before I forget…… Alternative Income is offering managed investment accounts with a promise for ROI earnings.

Since the company is based in the US, we expected them to show us proof of their authorization by the NFA.

Unfortunately Alternative Income is not licensed by any financial regulator in the US. They are committing illegal securities.

Participating in securities fraud is likely going to land you in trouble.

Thanks for reading this review.

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