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This is going to be a brief review of a company called Megalith Trade.
Someone approached me on my Facebook page, claiming that this was a great opportunity to make quick money.
I did a quick research, and within a few minutes, I was able to find red flags that just made me not trust this platform. On top of it, the person using the Facebook profile was fake.
I am going to share with you how to easily spot such a fishy platform so you won’t lose your hard-earned money.
You can think of this review as a helpful guide that you can use when assessing different platforms that promise to help you make money online.
If you come across a platform or website that you want to learn more about, you have a couple of options:
– You can use the search button on my website to see if I’ve already reviewed it, or
– You can leave a comment, and I’ll do my best to provide feedback within 24 hours.
Please note, that I am not a member or an affiliate of Megalith Trade.
This review is based on research and information available online in the public domain.
Any recommendations and conclusions are only opinions and may not apply to all persons or situations.
- What is Megalith Trade?
- Who is Behind the Megalith Trade?
- How to sign up?
- How much to join the platform?
- What is inside Megalith Trade?
- How to Make Money with Megalith Trade?
- Is Megalith Trade Active on YouTube?
- Megalith Trade Red Flags
- Megalith Trade Reviews
Megalith Trade Summary
Name: Megalith Trade- Trade | Real Estate | Oil And Gas
Price to Join: 0$ (Minimum Investment: $100)
MegalithTrade claims to be a team of experienced traders in Denmark, dealing in various investments like cryptocurrency, stocks, commodities, and more.
They promise impressive daily returns, including a high 5.3% ROI.
However, red flags arise as their website is less than a year old, they present a fake certificate, and their provided street address is questionable.
These factors raise doubts about the platform’s trustworthiness and the legitimacy of its offered returns.
What is Megalith Trade?
The full name, as per their website is Megalith Trade Investment – Trade | Real Estate | Oil And Gas.
Megalith Trade proudly presents itself as a prominent wealth management provider based in Denmark.
Their focus revolves around an array of adaptable products and investment solutions, all seamlessly accessible via their revamped online platform.
Their core belief centers on the significance of professional guidance, and they exclusively present their offerings through accredited financial advisors.
In collaboration with these advisors, Megalith Trade strives to assist countless customers, including individuals like you, in safeguarding their finances and realizing their financial aspirations.
What is Megalith Trade really about?
Megalith Trade makes bold claims of high returns, such as 2.6% or 3.8% daily. In a short period, an investor can supposedly earn four figures regularly.
However, caution is warranted; lofty returns often signal substantial risks.
Rather than delving into their claims and details readily available on their website, I’d like to focus on the issues that raise major red flags in my view.
Megalith Trade Website Information
It’s worth noting that they claim to have been around since 2018, and by 2023, one might expect some traffic to their website.
However, a quick check on Semrush reveals that their website seems to have no significant traffic, which is quite unusual for a platform claiming to have been in operation for several years.
This lack of web traffic is certainly a concerning sign.
It is most likely due to the fact that their website is still new…
Megalith Trade Website Registration Date
According to Whois.com, the website was registered only in February 2023.
So that might explain why there is no traffic, yet.
Who is Behind the Megalith Trade?
It is indeed quite unusual that the website lacks any information about the founder or CEO of the company.
This level of anonymity is a red flag in itself.
So I went ahead to their online chat button and asked a few questions.
The first answer kind of shocked me;
Apparently, I can get to know the CEO only if I am investing with them:
Maybe I’m a bit sensitive, but my initial impression was that they lacked transparency and were somewhat impolite.
However, after a few more exchanges, they did eventually disclose the CEO’s identity.
Supposedly, a person named Benit Campbell is behind Megalith Trade.
However, despite my efforts, I couldn’t find any information linking this person to Megalith.
Is Megalith Trade a registered company?
The conversation continued, and I eventually received a certificate claiming that the company was registered.
Upon closer examination, I noticed the certificate was from Ireland (CRO), not Denmark as claimed.
A query with Megalith Trade Support confirmed its validity for Ireland.
Still, I remained a bit confused.
I visited the Companies Registration Office website to inquire about the company.
Their response was clear:
“No matches found on our database”
In simple terms, they had no record of such a company.
It’s strange that the certificate says one thing while the official database shows another.
How to sign up?
I was approached by an individual on Facebook who shared her sign-up link for the platform.
It was evidently her referral link, allowing me to become part of her team.
By the way, she claimed to have been investing with the company for over 11 months.
The message was sent on Wednesday, August 30th, 2023.
However, we now know that the company’s website was registered in February 2023.
So, how could she have used her referral link since September 2022? (August minus 11 months = September 2022).
How much to join the platform?
While Megalith Trade offers free sign-up, caution is advised.
“But in order to start playing a game, you have to invest a minimum of $100. They claim a 1.95% daily return for 6 days, which can sound too good to be true in the investment world.
If you want to achieve a higher ROI, for example, 5.9% daily, the minimum investment required is $50,000!
High returns often come with high risks.
Approach this opportunity with skepticism.
What is inside Megalith Trade?
Upon signing up, you’re greeted with a rather simplistic dashboard. It displays some graphics, but they don’t seem to align with reality.
The main focus appears to be getting you to invest – the more, the better.
You can apparently withdraw and acquire a referral link to invite others to “invest.”
How to Make Money with Megalith Trade?
Making money here is supposedly “easy.” You use your referral link to invite others to join.
People are promised substantial daily returns, making it seem easy to find new prospects.
But let’s pause for a moment – would you invest in such a company, given the questionable information we’ve uncovered?
I doubt it.
Yet here’s what they promise:
- 1.95% daily ROI on the Silver plan
- 2.6% daily ROI on the Gold plan
- Over 5% daily ROI on a Compounding plan
|Daily ROI (%)
The minimum investment capital is $100, and both capital and profits are supposedly available after each 6-day trading cycle.
Is Megalith Trade Active on YouTube?
No, they’re not.
There’s only one video, and it’s rather unremarkable.
However, the video has an interesting origin.
It was taken from a different company called Capital Gold Asset.
If you pay close attention, right around the 14-second mark of the video, you’ll notice a brief moment where the company’s name above the map changes.
It’s no longer Megalith Trade but Capital Gold Asset.
I managed to capture a screenshot, as shown in the image below.
Given all this information, it’s clear that caution should be exercised when considering Megalith Trade as an investment opportunity.
Megalith Trade Red Flags
Domain registration date
On their website, they claim to have been founded in 2018. However, their website was registered in 2023.
This inconsistency raises questions about their business practices.
The listed address belongs to a different company. According to Google Maps, the address “Gungevej 5, 2650 Hvidovre, Denmark 🇩🇰” is occupied by a different company called A/S Megatrade Beslag, which deals with industrial products.
Megalith Trade has only one video, which doesn’t seem to belong to them.
It appears to have been taken and repurposed.
Upon closer examination, it’s clear that the video actually belongs to a different company called Capital Gold Asset (also unlicensed).
Lack of Transparent Ownership
We don’t know who is behind the company. The alleged CEO is likely a fictitious person.
The email response I received appears to be auto-generated feedback and does not address specific questions. Their online support, initially, was rude and uncooperative.
Unrealistic return rates
Their promised returns range from 1.95% daily to 5.3% daily.
Such high rates may be considered unrealistic or even too good to be true.
The certificate claims to be from Denmark, but the background is clearly Irish.
Even the headings and imagery belong to the Companies Registration Office, Bloom House, Gloucester Place Lower, Dublin 1.
Fake Facebook profile
While not directly connected to the company, it’s worth noting that the person who approached me to invest with Megalith Trade was using a fake Facebook profile.
Always exercise caution when receiving friend requests or messages from unknown individuals.
(If you’re interested, I have the entire conversation with this person, demonstrating how I proved that Megalith Trade is not legitimate and they were using a fake profile.
Yet, this person continued to claim that Megalith Trade is legit.)
Megalith Trade Reviews
Currently, there are no reviews on UGC (User-Generated-Content) sites like Trustpilot.
The primary reason for this absence is that the site and platform are relatively new, and individuals who have invested are still awaiting returns.
Megalith Trade Pros
When it comes to the company, there aren’t really any pros to highlight.
If anything, one could consider the ease with which it becomes apparent that this entire platform is questionable as a potential advantage.
Megalith Trade Cons
Please refer to the “Red Flags” section above for a comprehensive list of the platform’s cons.
I strongly advise against Megalith Trade.
With a glaring fake certificate, wildly unrealistic returns, hidden ownership, and even a questionable address, it’s best to steer clear.
When it comes to your hard-earned money, there are far safer investment choices available.
If you’ve had similar experiences or have been approached by someone offering investment opportunities with Megalith, please share your thoughts and questions in the comments below.
Thank you for reading,