Been scammed by your broker? You can do something to recover your funds.
Get Help Now
Skip to content

Topedgefx

Reviews of Brokers and Trading Products

  • About
  • Top Brokers
  • Recover lost Money
  • Contact Us

Wealthified.net Review: Is It a Scam?

Aug 21, 2020 TheAdmin

Tags: Is Peter Cays Wealthified.net Legit or Scam?, Wealthified.net Review

Wealthified.net sells a Forex e-book for $199 and trading room access for $79/monthly.

Did this company scam you? Are you facing difficulty withdrawing money out of this broker?

You can recover your money here with 100% success rate!

In addition to this, Wealthified is offering managed accounts services which are hosted with the broker Key to Markets.

Minimum deposit for joining Wealthified managed accounts is $500. However, the bigger the deposit, the less the performance fees an investor will pay.

A deposit of $500 will attract 35% performance fee. The fee keeps reducing as we deposit more money. However, we’re not told whether this fee is based on high watermark principle.

Basically, high watermark means the asset manager cannot deduct his performance fee until the next time there is a new profit which is higher than the last profit.

wealthified.net review

There’s no about us page on the Wealthified.net website. Despite this, “Peter Cay” claims they were able to turn 1,500 to $120,000 in 2 years.

Mr. Peter Cay also claims that they’ve been live trading until 2016 when they withdrew all their accumulated returns.

Now they’re offering Forex managed accounts in collaboration with a broker that is able to accept US citizens too.

Is Wealthified.net legit?

We go back to their trading background to see whether we can find proof that this service is reliable.

This proof can be hard to find if all we have to rely on is a table showing returns in figures and percentages over the years.

Are you facing withdrawal issues with this broker?

Here's what you can do to recover your funds now.

This website has a “performance” page but we can’t rely on this information since we want maximum transparency on how results are presented.

This can be achieved using a third-party statement sharing service like myfxboook.

With myfxbook, we can determine average monthly returns, drawdowns and other metrics.

Currently the “results” on the performance page are just too good to be true.

Conclusion

We can neither recommend the trading room or managed Forex account services offered by Wealthified.net.

The service is not transparent and we don’t know whether we will gain any returns out of our deposit or lose it entirely.

If you want to invest in the Forex marketplace, get professional trading products and services here.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Passive Money Investing Club Review: It’s a Scam read this (pmic.global)
  • SpearGpt Review: Scam Broker (what Victims can do)
  • Oceanfx.io Review: They’re a Scam (Recover your funds)
  • Universy Invest Review: Unregulated Broker
  • Lee Arnold System Review: It’s a Scam (leearnoldsystem.com)

Recent Comments

  1. Cindy Gomien on LibreHoldings.com Review: Beware of Libre Holdings
  2. Elena Kl on Myalfred.com.au Review: is My Alfred Robot Legit or Scam?
  3. Rambo on Altsignals.io Review: is Alt Signals Scam or Best Trading Signals?
  4. Jon Roger's on Phoenix Capital Group Energy Investment – Is it Real or a Scam?
  5. Mark on WB trading Review: The ‘William Brown’ Scam (wbtrading.co.uk)

This website is committed to exposing scams and helping victims file a chargeback