- Think before you invest
- Essential information about the company is missing
- Unrealistic ROI
- License issues
- Missing genuine testimonials
- Unfavorable terms
Are you looking for a good investment opportunity? If your answer is yes, then you need to think again because many companies are operating in the market that may not serve the purpose.
Recently we came across Skyllex. It is an MLM company that offers an investment opportunity in real estate and oil. It offers trading and mining server lease facilities as well. To know more about this company, we did our bit of research, and we have created a review based on our findings.
Most people look at the About us information with immense hope because they think they will be able to get essential information about the people who operate the company. Well, what we felt is that Skyllex About us section is very generic and you hardly get a clue about the founder of the company.
This should be enough to make you uncomfortable because you cannot just invest in a company when you do not have sufficient background details.
You can join Skyllex completely free of cost, but you have to sign up for one of the investment plans if you want to earn money. The real problem is that some of the investment plans seem quite unrealistic. For example, if you opt for Gold Flow investment Type, then you can get a return of about 1100% after about 90 days. Now, this is too good to be true.
Skyllex claims that it is registered in Australia. However, we came across a press release by the Australian Securities and Investment Commission that states that Skyllex has misleading statements. The press release also states that Skyllex does have a certificate issued by Australian Securities and Investment Commission, but it does not have an Australian Financial Services License.
This is something alarming for all the investors who intend to invest in Skyllex programs. It can be quite a risky venture to invest in a program that has incomplete licensing information.
You will also miss out on the presence of genuine testimonials. When traceable testimonials are there, then it becomes simpler for you to track people who have benefitted from the investment program but this does not hold true for Skyllex.
The videos reviews do not give you a clear picture because you cannot track those people who gave these reviews in the first place.
Some of the Trader Exchange Terms of Service do not suit the novice investors. For example, you need to make a minimal deposit of about $5000 if you wish to work with the traders. It can be quite difficult for a new trader to afford this massive amount.
The conclusion is that you should look for more reliable options in comparison to Skyllex. The best way to judge a platform is by carrying out a detailed correspondence with the platform before making any investment. This way you will get a realistic picture of whether you have chosen the right direction or not. Plus, you will be able to save yourself from losses.