Are you intrigued on what is the Solid Trade Bank? Do you wonder if you can really earn some money by investing into their company? To have a clearer grasp about it, read first my extensive Solid Trade Bank review.
Before we jump into the review proper, let me point out that I have always been making reviews about several money making programs. I made this as a passion because I want to impart to everyone my knowledge and experiences towards them. By the way, if you want to start a legit way of earning, check out my review on the #1 recommended work at home opportunity.
What is the Solid Trade Bank?
Solid Trade Bank is a High Yield Investment Program. They claim that it is a financial institution and it is not only about loans and deposits but it also invests the money in non financial subsidiaries. The official website of the institution says that it has been around for many years but never mentioned an exact number.
In this review I will examine all aspects of this company and I will also try to determine whether this institution is a scam or not. I recommend that you read the entire article before thinking about joining this company.
How does Solid Trade Bank Works?
First of all I would like to specify a few things. The site of this financial institution has not convinced me entirely. The reasons for not being convinced are simple. The site never tells the investment plans that are available or the rate of return. The only thing that the site mentions is that its investment plans are safe and reliable.
It is really disappointing and I do not see any harm in mentioning in detail about their investment plans before someone thinks of investing money.
The site claims that they not only function as a bank but they also invest the money in non- financial subsidiaries and that is what worries me even more. There is no guarantee of returns in non-financial sectors and if it does not work out then who is going to suffer the loss. It seems they have a solution to this problem and the solution is cross-insurance.
They claim that your money is insured so that you can invest without worrying about anything, not only this but your money is protected in offshore banks so that your money is not affected by war or politics. Your deposits are cross-insured in 7 insurance companies around the world. They claim that this method is the safest and most reliable. I have to say that they are really convincing about security.
Solid Trade Bank comprises of non-financial subsidiaries that help in generating additional income for you. Solid Trade Bank has subsidiaries in the following areas:
1. Oil and gas industry
2. Forex Trading
4. Heavy Industry
5. Real Estate and Insurance
So far we have a financial entity that not only acts as a bank but also an institution that invests the money in non-financial subsidiaries to maximize the profits of its investors. I hope you have got it so far and now let us examine this financial institution more closely.
How Much Does it Cost to Join?
It is not clear on how much it cost to join in this program as it is not mentioned anywhere in their official site. I have read somewhere from a non reliable source that it is free to join but the minimum deposit is of 25 dollars. The site says nothing about any minimum deposit so it is not possible to verify this claim.
You can invest into the Solid Trade Bank with one of more than 35 types of payments like Perfect Money, bitcoin, and even western union.
How Much can I Earn?
The site never specifies how much you can earn from it but HYIP monitors say that you can earn 0.5 percent after 20 working days which is not too bad. Solid Trade Bank allows you to make and withdraw deposits using many methods like PerfectMoney. You also get referral commissions and active members get additional bonuses. A calculator is available online so that you can use it to know how much you can earn from your investment.
I am not sure whether you can earn money or not. HYIP monitors’ rating for Solid Trade Bank rings many sirens for me. I have not yet specified whether this financial institution is a scam or not so just keep reading.
Are there any Complaints?
There are plenty of complaints about this program but I have stated the major one below.
EARNINGS IS NOT GUARANTEED
Although the program claims that they are safe and reliable, it is still not guaranteed. Most especially that there are not so many testimonials that proves that it actually works. I believe that if a program pays, they should be proud enough to show proofs in their official website.
Before I conclude I have to tell you a thing or two about HYIP. HYIP means High Yield Investment Plan and it is basically an investment plan that offers high returns initially but later it stops paying as investors stop investing. HYIPs are based on Ponzi scheme and they should be avoided as they are very risky. Why am I mentioning about HYIP here will be cleared soon enough.
Solid Trade Bank is being considered as a HYIP and that is not a good thing especially for a financial institution. After taking a look at their official site and researching about them I am not entirely sure about this institution. I have no evidence to call them a scam and that is the only reason I am calling them legit. If I was in your position I still would not invest my money with this financial institution because it may be paying now but later it can turn out to be a scam. Good luck and choose wisely.
- Great Earning Potential if Legit
- HYIP has always been considered risky
- A Gamble
Is there Other Way to Earn Online?
I know that you want to put your money in Solid Trade Bank because you are tired going to work from 9-5. I feel that you are also tired of always being scolded by your boss right? Unfortunately, this is not the best answer to your problem.
Actually, I was also in the same situation as yours before. I thought that investing in programs would generate me a steady income, but then I was wrong. There is no such thing as easy money and I do believe that when you want something so badly, you should be able to give your time and effort to achieve it.
Now, your next question is, how can you really make money at home? My best suggestion would be through making your own online business. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home. Basically, you will earn commissions from promoting other people’s products. You don’t own any product but you are making money from them.
Right now, I am on my first year in this program and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the Solid Trade Bank, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!