
Based on checking the website Envisagevsecurity.com, it is strongly advised to exercise extreme caution and consider this platform to be highly questionable.
The website’s promotional text, focusing heavily on high leverage, guaranteed profits, and minimal verification, raises significant red flags that are typically associated with speculative and potentially fraudulent investment schemes.
Furthermore, its operations appear to involve elements that are strictly impermissible and unethical from an Islamic perspective, such as excessive risk gharar, interest-like returns, and engagement in highly speculative financial instruments.
Here’s an overall review summary:
- Platform Type: Cryptocurrency and Forex trading platform with managed investment plans.
- Key Promises: Up to 1000x leverage, “guaranteed” daily profits up to 50% in 10 days, no KYC required, “instant” Bitcoin deposits.
- Ethical Concerns Islamic Perspective: High leverage, fixed profit percentages in short durations, lack of transparency on trading methods, involvement in speculative assets, and absence of regulatory information strongly suggest Riba interest, Gharar excessive uncertainty/risk, and Maysir gambling. These elements are fundamentally prohibited in Islamic finance.
- Regulatory Status: No discernible regulatory information or licensing found on the homepage, which is a major red flag for any financial platform.
- Transparency: Lacks clear information about the company’s legal entity, physical address, or management team.
- Legitimacy Score Out of 10: 0/10 Highly suspicious, advised to avoid
The platform presents itself as an investment opportunity, but the claims made are characteristic of high-risk, unregulated operations often associated with scams.
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Any platform promising fixed, high returns in short periods, especially with “100x leverage” and “no KYC,” should be approached with extreme skepticism.
The lack of proper regulatory oversight means there is no consumer protection, and funds invested could be irrecoverable.
From an Islamic finance standpoint, such ventures are not only financially risky but also ethically non-compliant due to the inherent elements of Riba, Gharar, and Maysir.
It is crucial to prioritize ethical, transparent, and regulated avenues for financial growth.
Instead of engaging with platforms like Envisagevsecurity.com, individuals should seek out genuinely ethical and transparent alternatives for managing and growing their wealth.
These alternatives focus on real economic activity, avoid interest and excessive speculation, and are typically regulated to ensure investor protection.
Best Ethical Alternatives for Financial Management and Growth:
- Islamic Banking Services: Look for established Islamic banks or financial institutions that offer Sharia-compliant savings accounts, investments, and financing options. These institutions adhere to principles of profit-and-loss sharing, asset-backed transactions, and avoid interest Riba.
- Halal Investment Funds: Invest in Sharia-compliant mutual funds or exchange-traded funds ETFs that screen companies based on ethical criteria, avoiding industries like alcohol, gambling, conventional finance, and adult entertainment. Examples include funds investing in technology, healthcare, or real estate, provided they meet ethical guidelines.
- Takaful Islamic Insurance: For risk management, Takaful offers a Sharia-compliant alternative to conventional insurance, based on mutual cooperation and donation.
- Ethical Stock Investing: Directly invest in stocks of companies that are known for ethical business practices, strong governance, and products/services that align with Islamic values. Use screening tools to identify Sharia-compliant stocks.
- Real Estate Investment: Consider direct investment in real estate, which is a tangible asset and can generate rental income. This is generally considered a sound and permissible form of investment.
- Commodity Trading Spot Contracts: Engage in physical commodity trading e.g., gold, silver, agricultural products through spot contracts where ownership is immediately transferred, avoiding speculative futures or leveraged derivatives.
- Ethical Crowdfunding Platforms: Support ethical businesses or projects through Sharia-compliant crowdfunding, where you invest directly in productive enterprises rather than speculative financial instruments.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Envisagevsecurity.com Review & First Look: A Deep Dive into Red Flags
Based on an initial review of the Envisagevsecurity.com website, the platform immediately triggers multiple warning signs typical of highly speculative and potentially illicit financial operations.
From a critical and ethical standpoint, particularly considering Islamic financial principles, this website presents significant concerns that demand immediate attention.
The overall presentation screams “too good to be true,” a classic hallmark of schemes designed to entice quick investments without genuine underlying value or regulation.
The Illusive Promise of High Returns and Leverage
The primary allure of Envisagevsecurity.com is its bold promise of “100x leverage on BTC, ETH, LTC, and more” and fixed “daily income” with “up to 50% Profit In 10 Days.” Let’s break this down.
Leverage, in legitimate financial markets, is a double-edged sword. Lilstuart.com Review
While it can amplify gains, it equally amplifies losses, leading to rapid capital depletion.
Promising “100x leverage” in the highly volatile cryptocurrency market, coupled with guaranteed profits, is an oxymoron.
Real trading carries significant risk, and legitimate platforms never guarantee returns.
The fixed daily profit percentages, like “EVS Basic : $50 – $999 Get Up to 20% Profit After 3 Days,” are characteristic of Ponzi schemes or high-yield investment programs HYIPs. These schemes pay early investors with money from later investors, rather than from actual trading profits. The astronomical profit rates 20% in 3 days, 50% in 10 days are utterly unrealistic in any legitimate financial market, regardless of “professional traders.” Even the most skilled traders in highly liquid markets struggle to achieve such consistent, high returns. For context, historically, well-managed investment funds might aim for 7-10% annually. These advertised returns are exponentially higher and simply unsustainable.
- Unrealistic Profit Promises: Guaranteed “up to 50% profit in 10 days” is a major red flag.
- Excessive Leverage: 100x leverage on crypto is extremely risky and typically associated with speculative or unregulated entities.
- Lack of Risk Disclosure: No clear warnings about the potential for capital loss, which is legally required for legitimate financial platforms.
No KYC Required: A Gateway to Illicit Activity
One of the most alarming statements on the Envisagevsecurity.com homepage is “NO KYC required.” KYC Know Your Customer procedures are standard, mandatory practices for virtually all legitimate financial institutions globally. Dalemundi.com Review
They are implemented to prevent money laundering, terrorist financing, and other illicit activities.
A platform that boasts “NO KYC required” is effectively signaling that it operates outside regulatory frameworks, making it a potentially attractive avenue for criminals and a risky proposition for legitimate investors.
- Regulatory Avoidance: Bypassing KYC is a clear indication of non-compliance with anti-money laundering AML regulations.
- User Anonymity: While appealing to some, anonymity in financial transactions on unregulated platforms poses severe risks, as it makes it nearly impossible to trace funds or seek recourse in case of fraud.
- Increased Risk of Fraud: Platforms that don’t verify identities are hotbeds for scams and illicit financial flows, putting users’ funds at extreme risk.
Envisagevsecurity.com’s Core Offering: A Deceptive Illusion
Envisagevsecurity.com attempts to present itself as a sophisticated trading and investment platform, but a closer examination of its core offerings reveals a concerning lack of substance and an abundance of promotional jargon designed to obscure fundamental flaws.
The promises of high leverage, diverse assets, and professional trading are undermined by the absence of transparent regulatory information and verifiable operational details.
The Mirage of Diverse Assets and High Leverage
The website lists a range of assets, including “Bitcoin 100X, Ethereum 100X, Litecoin 100X, Ripple 100X, EOS 100X” for cryptocurrencies, and traditional instruments like “EURUSD 1000X, S&P 500 100X, GOLD 500X, CRUDE OIL 100X, JAPAN 100X.” The sheer variety of assets coupled with astronomical leverage figures is suspicious. Budgettourssrilanka.com Review
While some regulated brokers offer high leverage, 100x on crypto or 1000x on forex for retail clients is extremely rare and often restricted to professional accounts under strict regulatory oversight due to the inherent risks.
For an unregulated platform to offer such terms freely is a major red flag.
- Unrealistic Leverage Across Assets: Offering 100x on volatile crypto and 1000x on forex without regulatory safeguards is a high-risk proposition.
- Lack of Transparency on Trading Mechanisms: The website provides no detail on how these trades are executed, liquidity providers, or underlying market access.
- Risk of Rapid Capital Loss: High leverage significantly increases the potential for margin calls and complete capital loss in highly volatile markets. According to the European Securities and Markets Authority ESMA, 74-89% of retail investor accounts lose money when trading CFDs with high leverage.
“Industry-Leading Security” Without Proof
The claim of “Industry-leading security” and “Majority of digital assets are held in cold storage” is standard boilerplate text for many crypto platforms, but without independent audits, verifiable certifications, or transparent security protocols, these are just empty words.
For a platform that doesn’t even require KYC, the security claims are difficult to trust.
Legitimate exchanges publish detailed security practices, often undergo third-party audits, and clearly outline insurance policies for customer funds. None of this is present on Envisagevsecurity.com. Happinessandgiftings.bumpa.shop Review
- Unsubstantiated Security Claims: No evidence, certifications, or audit reports to back up “industry-leading security.”
- Cold Storage Claims: While important, simply stating “cold storage” without details on multisig, geographical distribution, or custodian partners is insufficient.
- Lack of Insurance/Guarantees: No mention of insurance for customer funds, a common feature of regulated exchanges.
Envisagevsecurity.com’s Major Flaws: Why You Should Avoid
Beyond the immediate red flags, a deeper look into the operational claims and missing elements on Envisagevsecurity.com reveals fundamental flaws that render it unsuitable and highly risky for any potential investor. These flaws are not just minor omissions.
They are critical components missing from any legitimate financial service.
Regulatory Vacuum and Lack of Transparency
The most significant flaw of Envisagevsecurity.com is its apparent complete lack of regulatory oversight.
There is no mention of any financial licenses, regulatory bodies it is registered with, or compliance with any jurisdiction’s financial laws. This is a critical deficiency.
Legitimate financial platforms are regulated by authorities like the SEC U.S., FCA UK, ASIC Australia, or similar bodies, which enforce consumer protection laws, capital adequacy requirements, and dispute resolution mechanisms. Flsboost.com Review
Without regulation, there is no recourse for investors in case of fraud, platform collapse, or other issues.
Furthermore, the website offers no discernible information about the company behind the platform – no company registration number, no physical address, no names of key personnel or founders, and no legal disclaimers about the risks involved.
This extreme lack of transparency is a hallmark of suspicious entities.
Who is operating this platform? Where are they based? These crucial questions remain unanswered, making any investment akin to throwing money into a black hole.
- No Regulatory Licenses: Absence of any financial regulatory body’s endorsement.
- Anonymous Operators: No information about the company’s legal entity, management, or location.
- No Legal Disclaimers: Failure to provide mandatory risk disclosures for financial products.
The “Testimonies” and “Media Mentions” Fallacy
The “Testimonies” section features generic, one-line statements like “Thanks for making good use of my money guys. Lfhair.com Review
Thumbs up.” from names like Esther, Luke, Matt, and Catherina. These are highly unlikely to be genuine.
Legitimate platforms typically feature more detailed, verifiable reviews, often linked to public profiles or established review platforms.
These brief, unverified statements are easily fabricated and serve only to create an illusion of credibility.
Similarly, the “Envisage Venture Security in the Media” section cites unattributed quotes like “Envisage Venture Security Crushes All Competition.” without linking to any actual news articles, press releases, or reputable financial media outlets.
If a platform truly “crushes all competition” and boasts “decades of traditional market experience,” it would have verifiable press coverage from reputable sources, not just generic, unlinked quotes. Formanagementconsulting.net Review
This tactic is often used by illegitimate sites to feign mainstream recognition.
- Fabricated Testimonials: Short, generic, and unverified testimonials are a common scam tactic.
- Unsubstantiated Media Claims: No links or references to actual media mentions, indicating manufactured credibility.
- Exaggerated Self-Praise: Quotes are overly enthusiastic and lack specific, verifiable details.
Ethical and Islamic Concerns: The Prohibitions of Envisagevsecurity.com
From an Islamic financial perspective, Envisagevsecurity.com’s operational model and promotional claims directly contravene several fundamental principles, rendering engagement with such a platform impermissible and highly discouraged.
The core issues revolve around Riba interest, Gharar excessive uncertainty, and Maysir gambling, all of which are strictly prohibited in Islam.
Riba Interest and Fixed Returns
The platform’s promise of “Get Up to 20% Profit After 3 Days,” “30% Profit After 5 Days,” and “50% Profit In 10 Days” on fixed investment plans $50-$999, $1,000-$4,999, etc. bears a strong resemblance to Riba, or interest-based transactions.
In Islamic finance, returns on investment must be linked to the actual profit-and-loss sharing from a tangible, productive economic activity, not fixed, predetermined percentages over short periods, irrespective of market performance. Damascus-steel.eu Review
The concept of “Deposit Invest your preferred amount from the EVS business plans and get a stable daily income” implies a loan-like arrangement where the platform guarantees a return on your capital.
This is a classic characteristic of Riba, where money is exchanged for more money over time without genuine risk-sharing or productive enterprise.
Islam prohibits any form of interest, whether it’s charged or paid, as it leads to exploitation and unjust accumulation of wealth.
- Fixed, Guaranteed Returns: Directly contradicts profit-and-loss sharing, a core principle of Islamic finance.
- Investment as a Loan: Treating capital contribution as a loan with predetermined returns rather than an equity partnership in a venture.
- Exploitation: Riba is viewed as inherently unjust, as it allows wealth to be generated without real productive effort or risk.
Gharar Excessive Uncertainty and Maysir Gambling
The high leverage 100x, 1000x offered by Envisagevsecurity.com, combined with the extreme volatility of cryptocurrencies and forex, introduces an excessive degree of Gharar uncertainty or ambiguity into transactions.
In Islamic finance, contracts must be clear and free from excessive uncertainty that could lead to dispute or exploitation. Proper-devsecops.com Review
Trading with such high leverage on unregulated platforms means the actual mechanics of how trades are executed, the liquidity, and the true market exposure are completely opaque. This level of uncertainty is unacceptable.
While trading inherently involves risk, the deliberate promotion of extremely high-risk, unregulated, and opaque “investment plans” with promised fixed returns blurs the line between legitimate risk-taking and pure speculation.
This structure resembles a zero-sum game, where one party’s gain is directly another’s loss, primarily driven by market fluctuations and leverage, rather than real value creation.
- High Leverage & Volatility: Creates excessive Gharar due to extreme uncertainty of outcomes.
- Speculative Nature: Engaging in highly leveraged trading without transparency or regulation borders on pure gambling Maysir.
- Lack of Productive Enterprise: The “investment” is not clearly linked to a real, productive economic activity, but rather to speculative financial instruments.
The Illusion of Envisagevsecurity.com: Marketing Tactics and User Experience
Envisagevsecurity.com employs several common marketing tactics designed to create an illusion of legitimacy and urgency, while the actual user experience remains largely unverified due to the inherent risks involved.
Understanding these tactics is crucial for discerning potential scams from legitimate opportunities. Greecebysail.com Review
Aggressive Call-to-Actions and Urgency
The website is replete with direct, aggressive calls to action like “Get Started,” “Open free account,” and “Start Now,” strategically placed throughout the page.
Phrases such as “Don’t you think you should start investing ?” and “join the league of Envisage Venture Security investors today !” aim to create a sense of urgency and fear of missing out FOMO. This psychological manipulation is a common tactic used by high-yield investment programs HYIPs to push visitors into making quick decisions without proper due diligence.
Legitimate financial platforms typically encourage careful consideration, provide ample educational resources, and emphasize risk management before prompting users to invest.
The constant bombardment of “sign up now” buttons without detailed explanations or transparent information is a clear sign of manipulative marketing.
- FOMO Inducement: Direct questions and urgent calls to action designed to prompt immediate sign-up.
- Lack of Educational Content: No comprehensive resources for investors to understand the complexities and risks of leveraged trading.
- Pressure Tactics: Creating a sense of urgency rather than encouraging informed decision-making.
Unverifiable “20 Years of Experience” and “Million Entrust” Claims
The claim “With over 20 years of investment and market experience, more than a million entrust their investments in EVS” is highly suspicious for a platform that appears to have very little online presence or historical data, and no regulatory licensing. Macysdigital.com Review
Twenty years of experience would imply a launch around 2004, yet search results for “Envisage Venture Security” or “EVS” prior to recent times are scarce, especially in the context of a million trusting investors.
If this were true, there would be significant, verifiable news articles, forum discussions, and regulatory filings from such a long-standing and massive operation.
These figures are likely inflated or entirely fabricated to instill a false sense of trust and longevity.
Without independent verification or verifiable data, such claims are purely promotional and should be disregarded.
The absence of concrete evidence to support these bold statements severely undermines the platform’s credibility. Bookbigsky.com Review
- Unsubstantiated Longevity: Claiming “20 years of experience” without verifiable history or public record.
- Inflated User Base: “More than a million entrust their investments” is a huge number that would lead to significant media coverage and regulatory scrutiny, none of which is evident.
- Lack of Independent Verification: No third-party audits or data to support these grand claims.
Envisagevsecurity.com Alternatives: Prioritizing Ethical and Regulated Choices
Given the significant ethical and financial risks associated with Envisagevsecurity.com, exploring legitimate, regulated, and ethically sound alternatives is not just advisable, but imperative.
The focus should shift from speculative, high-risk ventures to sustainable, transparent, and Sharia-compliant investment opportunities.
Investing Ethically: Beyond Speculation
The core of ethical investing, particularly in Islamic finance, revolves around participation in real economic activities that generate genuine wealth.
This means avoiding interest-based transactions Riba, excessive uncertainty Gharar, and gambling-like activities Maysir. Instead of chasing unrealistic returns from opaque platforms, individuals should seek out opportunities that align with these principles, fostering sustainable growth and contributing positively to society.
- Productive Investment: Focus on investments in tangible assets, ethical businesses, or sectors that provide real goods and services.
- Risk Sharing: True investments involve sharing both profits and losses, not guaranteed returns.
- Transparency and Accountability: Choose platforms that are regulated, transparent about their operations, and accountable to their users.
Sharia-Compliant Investment Avenues
For those seeking investments aligned with Islamic principles, several avenues offer legitimate ways to grow wealth without compromising ethical guidelines. Linenque.com Review
These options prioritize transparency, real asset backing, and avoidance of prohibited elements.
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Halal Equity Funds: These are professionally managed funds that invest in stocks of companies screened for Sharia compliance. Screens typically exclude companies involved in alcohol, gambling, conventional banking, arms, and entertainment. Companies must also meet certain financial ratios e.g., low debt-to-equity.
- Pros: Diversification, professional management, regular auditing for Sharia compliance.
- Cons: Management fees, market volatility risk.
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Sukuk Islamic Bonds: Sukuk are Sharia-compliant bonds representing ownership in tangible assets or a share in a specific project’s revenue. Unlike conventional bonds, they do not pay interest but rather a share of the profits generated by the underlying asset or project.
- Pros: Asset-backed, relatively stable returns, contributes to real economic projects.
- Cons: Liquidity might be lower than conventional bonds, returns tied to asset performance.
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Halal Real Estate Investment Trusts REITs: These allow individuals to invest in a portfolio of income-generating real estate properties without directly owning or managing them. Sharia-compliant REITs ensure the underlying properties and their income streams are permissible. Italyfoodequipment.com Review
- Pros: Diversification into real estate, liquidity through stock exchange listing, professional management.
- Cons: Market-driven fluctuations in share price, property-specific risks.
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Commodity Murabaha: This is a cost-plus-profit sale, where an Islamic bank purchases a commodity e.g., metals and then sells it to the customer at a higher, agreed-upon price. It’s often used for financing but can also be an investment strategy where the underlying commodity is legitimate.
- Pros: Clear, asset-backed transaction, avoids interest.
- Cons: Can be complex, requires genuine commodity ownership transfer.
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Ethical Gold & Silver Investment: Direct ownership of physical gold and silver, especially through reputable dealers that ensure immediate possession or secure, allocated storage, is a permissible way to preserve wealth and hedge against inflation. This avoids speculative derivatives.
- Pros: Tangible asset, wealth preservation, intrinsic value.
- Cons: Storage costs, price volatility, no income generation.
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Microfinance and Ethical Crowdfunding: Investing in or donating to Sharia-compliant microfinance initiatives or ethical crowdfunding platforms that support small businesses or social enterprises. This involves direct investment in productive ventures.
- Pros: Direct impact, supports entrepreneurship, high ethical alignment.
- Cons: Higher risk due to small business nature, less liquidity.
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Islamic Fintech Platforms: A growing number of fintech companies are emerging that offer Sharia-compliant wealth management, savings, and investment solutions using technology. These platforms often make ethical investing more accessible.
- Pros: Convenience, accessibility, diversified ethical portfolios.
- Cons: Newer market, requires careful vetting of the platform’s Sharia advisory board.
How to Protect Yourself from Online Investment Scams
Platforms like Envisagevsecurity.com serve as stark reminders that vigilance and skepticism are your best defense. Getthepom.com Review
Protecting yourself from online investment scams requires a proactive approach and a thorough understanding of red flags.
Due Diligence: Your First Line of Defense
Before parting with any money, regardless of how small the amount, conducting meticulous due diligence is paramount.
This means going beyond the flashy promises and deeply investigating the legitimacy of the platform, its operators, and its claims.
- Verify Regulation: Is the platform regulated by a recognized financial authority e.g., SEC, FCA, ASIC? Check the regulator’s official website directly, not just rely on claims on the platform’s site.
- Example: If a platform claims to be regulated by the FCA, go to the FCA register register.fca.org.uk and search for the company name and registration number. Be wary of cloned websites.
- Research Company Information: Can you find verifiable details about the company’s legal registration, physical address, and leadership team? A legitimate company will have this information readily available and verifiable through public records.
- Data Point: According to the Better Business Bureau BBB, lack of transparent contact information is a common characteristic of scam websites.
- Check Reviews and Complaints: Search for reviews and complaints on independent platforms like Trustpilot, Reddit, and reputable financial forums. Pay attention to consistent negative feedback, especially concerning withdrawal issues or disappearing funds.
- Caution: Be wary of an overwhelming number of generic positive reviews posted within a short period, which can indicate artificial inflation.
- Assess Website Quality: While not foolproof, scam websites often have poor grammar, spelling errors, unprofessional design, or generic stock images.
- Statistic: A study by the University of Cambridge found that roughly 70% of consumers would abandon a website due to poor design. While not directly about scams, it indicates a lack of professionalism that often accompanies fraudulent sites.
Beware of Unrealistic Promises and Pressure Tactics
Scammers rely on human greed and urgency.
Any investment opportunity that promises unusually high, guaranteed, or fixed returns in a short period should be treated with extreme skepticism.
Legitimate investments always carry risk, and returns fluctuate with market conditions.
- Guaranteed High Returns: No legitimate investment can guarantee astronomical profits, especially in volatile markets like crypto or forex. If it sounds too good to be true, it almost certainly is.
- Reality Check: The average annual return for the S&P 500 over the last 50 years is around 10-12%. Promises of 20-50% in days or weeks are financially impossible and unsustainable.
- Aggressive Sales Pitches: Be wary of platforms that use high-pressure tactics, repeatedly urge you to invest more, or discourage withdrawals.
- “Secret” or “Exclusive” Information: Scammers often claim to have exclusive trading algorithms or insider information to justify their unrealistic promises.
- “No KYC Required” or Anonymous Accounts: As discussed, this is a major red flag indicating a lack of regulatory compliance and a higher risk of money laundering or fraud. Legitimate financial institutions must adhere to strict AML/KYC regulations.
Secure Your Digital Footprint
Even if you avoid investing, simply interacting with suspicious websites can expose you to risks.
- Strong, Unique Passwords: Always use complex, unique passwords for all online accounts, especially financial ones.
- Two-Factor Authentication 2FA: Enable 2FA wherever possible for an extra layer of security.
- Beware of Phishing: Be cautious of unsolicited emails or messages claiming to be from investment platforms. Always verify the sender and URL before clicking links or providing personal information.
- Regular Security Checks: Ensure your operating system and antivirus software are up to date.
Envisagevsecurity.com Pricing: A Trap of Unrealistic Returns
The “flexible plans” presented on Envisagevsecurity.com are not typical pricing structures for legitimate trading platforms.
Instead, they resemble classic investment tiers found in High-Yield Investment Programs HYIPs or Ponzi schemes, where users are enticed by progressively higher returns for larger deposits.
This “pricing” model is a critical indicator that the platform is not genuinely offering trading services but rather soliciting funds for a speculative, unsustainable system.
The “Flexible Plans” Structure
Envisagevsecurity.com outlines four distinct “plans” with escalating minimum deposits and absurdly high, fixed profit percentages over short durations:
- EVS Basic: $50 – $999, Get Up to 20% Profit After 3 Days
- EVS Master: $1,000 – $4,999, Get Up to 30% Profit After 5 Days
- EVS Advanced: $5,000 – $9,999, Get Up to 40% Profit In 7 Days
- EVS Premium: $10,000 – UNLIMITED, Get Up to 50% Profit In 10 Days
This structure is a glaring red flag for several reasons:
-
Guaranteed Returns: No legitimate trading or investment firm can guarantee specific profit percentages, especially not in such short timeframes and regardless of market conditions. This is a fundamental violation of financial market principles.
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Unsustainable Profit Rates: A 50% profit in 10 days translates to an annualized return that is astronomically high e.g., compounding 50% every 10 days would lead to an absurd growth rate of capital. These rates are impossible to sustain through legitimate trading.
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Tiered Rewards for Higher Deposits: This model encourages users to deposit larger sums, promising better returns, which is a common tactic in Ponzi schemes to attract more capital and extend the scheme’s lifespan.
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Lack of Fee Transparency Beyond 0.05%: While mentioning a “0.05% trading fee,” this is largely irrelevant given the “investment plan” structure. True costs for trading on a legitimate platform would include spreads, commissions, and potentially swap fees, none of which are detailed in relation to these “plans.” The “profit” is simply a return on the deposit, not a result of actual trading profits for the individual.
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Common Scam Tactic: These tiered, guaranteed returns are a hallmark of pyramid or Ponzi schemes.
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Financial Impossibility: The promised returns defy all logical and historical financial market performance.
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Focus on Deposit, Not Trading: The “pricing” emphasizes how much you deposit and what percentage you’ll get back, rather than the tools or features available for actual trading.
How to Cancel Envisagevsecurity.com Subscription / Account
Given the highly suspicious nature of Envisagevsecurity.com and its resemblance to an investment scam, the concept of “cancelling a subscription” or “account” might not align with standard procedures you’d find on a legitimate financial platform.
If you have unfortunately deposited funds into this platform, the primary concern shifts from a simple cancellation to attempting to recover your funds and protecting your personal information.
The Absence of Standard Cancellation Procedures
Legitimate platforms typically have clear, well-defined processes for account closure, subscription cancellation, and withdrawal of funds, outlined in their Terms of Service and easily accessible within the user dashboard.
For Envisagevsecurity.com, the absence of transparency and regulatory oversight suggests that such straightforward procedures may not exist or may be deliberately obscured.
The website’s homepage provides links for “Sign in” and “Open free account” but conspicuously lacks any information on account management, withdrawal policies, or how to terminate services.
- No Visible Cancellation Options: The website’s main page offers no direct links or information about account cancellation or deletion.
- Likely Difficult Withdrawal Process: Scammers often make it very difficult or impossible to withdraw funds once deposited.
- Focus on Deposits: The site’s primary user journey is designed to encourage deposits “Deposit Invest your preferred amount”, not withdrawals or account closure.
Steps to Take If You Have an Account
If you have created an account or, more critically, deposited funds with Envisagevsecurity.com, your immediate actions should prioritize financial and personal security, rather than merely “cancellation.”
- Stop All Deposits Immediately: Do not deposit any more funds, no matter what incentives or threats the platform or its representatives might present.
- Attempt to Withdraw Funds with caution:
- Log into your account and try to initiate a withdrawal of any remaining balance. Be prepared for potential difficulties, delays, or outright refusal.
- If a withdrawal requires you to pay a “fee” or “tax” before processing, this is a common scam tactic – DO NOT PAY IT. It’s an attempt to extract more money from you.
- Change Associated Passwords: If you used the same or similar passwords for Envisagevsecurity.com as for other critical accounts email, banking, other crypto exchanges, change those passwords immediately. The “NO KYC required” policy increases the risk of account compromise.
- Report the Scam:
- Internet Crime Complaint Center IC3: File a complaint with the FBI’s IC3 if you are in the U.S. www.ic3.gov.
- Federal Trade Commission FTC: Report it to the FTC www.ftc.gov/complaint.
- Consumer Financial Protection Bureau CFPB: If applicable, report to the CFPB www.consumerfinance.gov.
- Your Local Law Enforcement: File a police report in your jurisdiction.
- Financial Regulatory Authorities: Inform any financial regulator in your country e.g., your country’s equivalent of the SEC or FCA about the unregulated operation.
- Cryptocurrency Exchanges/Wallets: If you sent crypto from a specific exchange or wallet, inform them of the potential fraud.
- Be Wary of Recovery Scams: After being scammed, you might be targeted by “recovery scams” – individuals or groups claiming they can recover your lost funds for a fee. These are almost always additional scams. Never pay money to recover lost funds.
- Monitor Your Financial Accounts: Keep a close eye on your bank accounts and credit cards for any suspicious activity.
- Inform Others: Share your experience with friends, family, and online communities to raise awareness and prevent others from falling victim.
- Proactive Reporting: Early reporting to authorities increases the slim chance of intervention.
- Protect Your Digital Identity: Changing passwords and enabling 2FA minimizes further risk.
- Beware of Double Scams: Recognize and avoid “recovery services” that promise to retrieve lost funds for a fee.
FAQ
What is Envisagevsecurity.com?
Envisagevsecurity.com is a website that advertises itself as a cryptocurrency and forex trading platform offering high leverage and guaranteed daily profits through various “investment plans.”
Is Envisagevsecurity.com a legitimate investment platform?
No, based on its characteristics, Envisagevsecurity.com exhibits numerous red flags commonly associated with high-yield investment programs HYIPs or Ponzi schemes, making its legitimacy highly questionable.
What are the main red flags of Envisagevsecurity.com?
Key red flags include promises of unrealistic guaranteed high returns e.g., 50% in 10 days, extreme leverage 100x-1000x, “NO KYC required,” lack of regulatory information, anonymous operators, and suspicious testimonials.
Does Envisagevsecurity.com have any regulatory oversight?
No, there is no discernible information or claim on the website about any financial licenses or regulatory oversight from recognized authorities, which is a major red flag for any financial platform.
Is investing in Envisagevsecurity.com permissible in Islam?
No, investing in Envisagevsecurity.com is not permissible in Islam due to its involvement with Riba interest-like fixed returns, Gharar excessive uncertainty and risk due to high leverage and opacity, and Maysir gambling-like speculation.
What is “NO KYC required” on Envisagevsecurity.com mean?
“NO KYC required” means the platform does not perform “Know Your Customer” identity verification procedures.
This bypasses anti-money laundering AML regulations, making it a highly risky and potentially illicit operating environment.
What kind of profits does Envisagevsecurity.com promise?
Envisagevsecurity.com promises unrealistic profits, such as “Up to 20% Profit After 3 Days” for smaller investments and “Up to 50% Profit In 10 Days” for larger deposits.
Can I really get 100x leverage on Bitcoin and Ethereum from Envisagevsecurity.com?
While the website claims 100x leverage on cryptocurrencies, this is extremely high and risky, especially on an unregulated platform.
Such leverage significantly increases the potential for rapid and complete capital loss.
Are the testimonials on Envisagevsecurity.com real?
The testimonials provided on Envisagevsecurity.com appear generic, unverified, and lack specific details, which is a common tactic used by fraudulent websites to create a false sense of credibility.
What are “EVS Basic,” “EVS Master,” “EVS Advanced,” and “EVS Premium” plans?
These are tiered investment plans on Envisagevsecurity.com, each requiring a different minimum deposit and promising higher fixed returns over very short periods, a characteristic typically found in Ponzi schemes.
How can I withdraw money from Envisagevsecurity.com?
The website provides no clear information on withdrawal procedures.
If you have deposited funds, be prepared for potential difficulties, delays, or outright inability to withdraw your money, which is common with scam platforms.
What should I do if I have deposited money with Envisagevsecurity.com?
Immediately stop all further deposits. Attempt to withdraw any remaining funds.
If asked to pay a “fee” for withdrawal, do not pay it.
Change any shared passwords and report the platform to relevant financial authorities and law enforcement.
Are there any contact details or physical address for Envisagevsecurity.com?
No, the website does not provide any verifiable contact information, company registration details, or a physical address, which adds to its lack of transparency and credibility.
Why is high leverage problematic from an Islamic perspective?
High leverage, especially on volatile assets and without transparent underlying mechanisms, introduces excessive Gharar uncertainty and can lead to Maysir gambling due to the speculative nature and detachment from real economic activity.
What are ethical alternatives to Envisagevsecurity.com for investments?
Ethical alternatives include Islamic banking services, Halal investment funds equities, Sukuk, REITs, ethical real estate investments, physical commodity trading spot contracts, and ethical crowdfunding platforms.
Why do platforms like Envisagevsecurity.com promote “instant Bitcoin deposits”?
“Instant Bitcoin deposits” are often promoted to make it quick and easy for users to send funds, usually to unrecoverable addresses, without the delays associated with traditional banking or more regulated crypto exchanges.
What is the “0.05% trading fee” mentioned on Envisagevsecurity.com?
While a “0.05% trading fee” is mentioned, it’s likely a misleading detail.
The platform’s primary revenue model appears to be based on capturing deposits through its “investment plans,” rather than genuine trading commissions.
Should I trust the “20 years of investment and market experience” claim?
No, this claim is highly suspect.
For a platform to have 20 years of experience and “more than a million” investors, it would have a significant, verifiable public record, regulatory history, and media presence, which Envisagevsecurity.com lacks.
What is the risk of “money does not come without care” from Envisagevsecurity.com?
This phrase, followed by claims of professional traders, is an attempt to appear responsible while masking the reality of speculative risk.
The platform does not genuinely care for your money if it operates without regulation and promises impossible returns.
What resources are available to report online investment scams?
You can report online investment scams to authorities like the FBI’s Internet Crime Complaint Center IC3, the Federal Trade Commission FTC, your local police, and your country’s financial regulatory bodies.
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