In this blog post I will give an honest and unbiased review about Owex Finance Limited. I am not a financial advisor. Do your own due diligence.
Owex Finance Limited is a High Yield Investment Program (H.Y.I.P.) meaning that you invest money into the platform with the expectation of earning a high return on the investment.
As a result, this program has risk involved; you can lose some or all of your money. On the same token you can make a substantial return on your investment. High Risk, High Reward!
Facts About Owex Finance Limited According to Its Website:
- Owex Finance Limited claim to be an experienced team involved in fund management and arbitrage cryptocurrency trading using smart algorithms.
- The C.E.O of Owex Finance is Mateo Porter
- Owex Finance is registered as a company in the United Kingdom.
- The company address is listed as: 1 Scout Lane, London, England, SW4 0LA, United Kingdom
- Site officially launched on 16 May, 2022.
- It is open to members worldwide.
- Free registration and activation of your account.
- Multiple investment accounts per individual are not allowed. If your household has multiple individuals willing to become Owex Finance investors, you must contact Owex Customer Support prior to the investment account registration and disclose the situation in order to prevent your accounts being flagged.
- Investments can be made using Perfect Money, Bitcoin, Litecoin, Tether: USDT (TRC-20), Ethereum.
- There are three (3) investment plans. See image below:
- The minimum deposit amount is $25. The maximum is $100,000. Once a deposit is made it is added immediately to start earning returns.
- Profit accumulation is calculated every day of the week (Mon-Sun).
- You can make unlimited deposits in the investment plan and in any of the available payment methods. Each deposit is treated separately and constitutes a separate Investment Plan.
- You can withdraw your deposit whenever you want to if you do not wish to leave your money for the complete 30, 40 or 50 day cycle. You can release and withdraw your deposit before the end of Investment Plan period. However a 15% fee will be implied.
- Internal reinvestment is allowed for compounding of earnings. All you have to do is go to the “Make an Deposit” section and select your account balance as the payment system. The system will take funds from your balance to make another / new investment.
- Minimum withdraw is $1.00 for Perfect Money and $15.00 for all available crypto currencies.
- Withdrawal operations are available every hour, even on weekend.
- Withdrawals of earnings and referral commissions are processed manually with 24 hours. Withdrawals containing funds from the released deposit are also processed within 24 hours.
- The site provides a seven by twenty-three (7×23) multi-level affiliate program.
- You DO NOT have to have an active investment to receive affiliate earnings from your referrals.
- Their referral program has seven (7) ranks: The basic rank called “Agent” status, starts with affiliate earnings of 4% at the first level, 3% at the second level, 2% at the third level, 1% at the fourth level and 0.5% at the fifth level. The top rank called “Diamond Director” status is the highest partner status that offers 23 levels and affiliate earnings totaling up to 50%. See image below:
Final Opinion About Owex Finance Limited
Before I go into my opinion review about Owex Finance Limited, I want you to know that I actually opened an account into the program and tested it by making a deposit. As a result this review is from my personal experience and testing. This review is not based on guesswork. It is not like a lot of other reviewers who use disingenuous methods to simply bash a program or business then invite you to join their business opportunity. This review will be honest, fair and one that you can trust:
My Personal Experience Using Owex Finance Ltd.
Owex Finance Limited has a very simple, clean and easy to navigate back office. All important tabs and areas commonly used in H.Y.I.P’s are clearly shown. Such as your account balance, the deposit and withdraw buttons. The referral link and promotional material such as banners are easy to locate.
I tested this platform with just $100.00 USD using Perfect Money. I used Perfect Money for the testing because the minimum withdraw for crypto currencies is $15; however for Perfect Money it is only $1.00 and deposit fees are minimal compared to bitcoin. My deposit appeared on my account immediately after deposit.
However, due to my fault, I mistakenly lost a day of possible earnings. Most platforms begin earning automatically after your deposit is made. However, after you have added funds, Owex Finance requires you to activate your deposit by clicking on the “Make a Deposit” tab, then select your package, enter the amount and then click “Investments”. It’s pretty simple but it can be a oversight if you are unaware. So ensure that you activate your deposit, if you do decide to join.
After my deposit was activated, each day thereafter, earnings began appearing in my dashboard. I am earning 3% daily with the $100 startup amount; $3.00 became available in my account each day for withdraw or redeposit. This program does allow, internal compounding, as a result daily accruals will allow you to compound your money faster, should you decide to do so (a minimum of $25 must be in your account balance for internal compounding).
I tested the withdrawal process and it was very fast. The withdraw amount appeared in less than 5 hours into my PerfectMoney account with no fees attached. At this time, the Owex Finance Ltd program is performing as advertised. If you are ready to take the risk, Click Here To Get Started With Owex Finance Limited!
The Truth About Owex Finance Ltd
Owex Finance Limited is in fact a registered company in the United Kingdom. According to the Owex Finance registration documents, the company was incorporated on 26 October 2021 and the nature of business offered is “Fund management activities”. The CEO of Owex Finance Ltd is Mateo Porter, and the company address is 1 Scout Lane, London, England, SW4 0LA.
However the reality is that these UK registrations are easy to obtain and poorly regulated as it relates to legal enforcement. The standard registration fee to set up a company is only $15 for the ‘standard’ Companies House web incorporation service, which takes up to 24 hours to turnaround. You can pay via credit card, debit card or PayPal.
The address on the website is can not be verified at this time. A lot of these H.Y.I.P programs usually use a virtual office or a fake address just randomly grabbed from the internet. The address given for Owex Finance is being used by another company name Red Blue Market Research which has been in existence since September 2006.
According to WHOIS domain directory, the domain name OwexFinance.com recently registered on 28 April 2022 and will expire on 28 April 2022. Considering this I do suspect that Owex Finance has given a fake address in their registration documents and on their website. Their domain is only registered for a year, so Owex Finance Limited will most likely not remain in existence close to that time frame or beyond.
Their are no digital footprints online for the CEO Mateo Porter or any of the staff of Owex Finance.com. I searched the internet and other resource for any information about Mateo Porter but I found nothing useful. The proclaimed CEO of Owex Finance Mr. Mateo Porter is active in the Owex Finance telegram group, he has presented a photo of himself in his telegram profile. However this image can not be verified.
There is no video or audio conversation from the person in the telegram group. I reached out to “Mateo” in the Tegram and engaged “him” regarding the Owex Finance platform. However, the conversation was short lived and eventually he ceased responding after stating that members are anonymous, see image below. As a result, it is safe to conclude that the photo and the name of Mateo Porter is most likely not genuine.
Conclusion
Owex Finance Ltd is performing well at this time based on my personal experience. However it is a High Yield Investment Program which means that there is HIGH risk of loss involved. These types of programs do perform well at the beginning to entice more investors to join and make investments. A daily earning between 3% to 5% is very high and not sustainable.
Owex Finance Limited is registered as Fund management and services such as FOREX and Crypto-currency trading. However, there is no verifiable proof listed anywhere on their website to show how profits are being generated. Claiming to be involved in FOREX and crypto-trading, is just the tactic used by high yield investment website to convince investors to invest more money into their platform. More than likely the deposits from new members is being used to pay withdrawals by older members.
Once the membership and new investments slows down, the company will collapse and payouts will cease. These are characteristics of a typical Ponzi Scheme. The reality is not IF the program will collapse or turn scam but WHEN or HOW SOON.
Should You Join Owex Finance?
I am not a financial advisor; the choice is yours. You must do your own due diligence before joining Owex Finance or any other opportunity. If you intend to Join Owex Finance Limited or use similar types of programs, the key is to join early to get a profit and get your “seed money” out as quickly as possible. Be hopeful and think positive but only invest what you can afford to lose.
You can make good returns on your investment with Owex Finance Limited; however the possibility exist to also lose some or all of your money. I have used similar programs like this before such as Minerift Limited, AMC23 Limited and Bit Plam.
Minerift offered between 5% and 11%, however they shut down before the 30 day period, as a result a lot of investors lost money. Owex Finance is offering lower daily percentages return on investment; so it may be able to last beyond the 30 day to 40 day period if the owner does not get too greedy and shut down too early. HYIP’s are very unpredictable because we don’t know the mindset of the owner, much less we do not even know who is the owner because their identity is usually anonymous or fake.
Programs such as Owex Finance Limited should not be used as a means of earning income, see them as a gamble. You can win or lose. On the same token, there can be no reward without taking a risk. If you are not prepared to risk anything, by all means run away from this platform. The owners of these platforms are unknown and they are not loyal to no one but themselves. You stand a better chance if you get in early and withdraw daily to recover some of your deposit should the program suddenly collapse.
How Long Will It Last
Despite all of its shortcomings Owex Finance Limited is one of the better high yield investment programs available at the moment. This speaks clearly to amount of scam HYIP online. OwexFinance.com is worth taking the chance. However, DO NOT INVEST MONEY YOU ARE NOT PREPARED TO LOSE because I am not a financial advisor. I honestly can not say when this program will collapse.
The reality is only the owner knows how long Owex Finance Ltd will last. Based on my assessment of this platform, I do not recommend joining Owex Finance Limited if you did not join within the first 10-15 days of launch. If crypto prices increase rather than drop like they have been doing during the past 30 days, this program may be able to last longer than the 30 to 50 day period. However if prices drop it will collapse sooner than expected because their is no external income source other than new deposits from members. Owex Finance will simply not be able to pay R.O.I plus member deposits at the end of the 30 day, 40 day or 50 day cycle.
If you do decide to play this risky game, good luck! If you join after 10 or more days (if this program is still in existence), you may want to consider using a basic strategy of withdrawing your money daily for 15 days which will give you 45-50% R.O.I. Then on day 16 you can request an early release of your deposit. Owex Finance will deduct 15% penalty due to you withdrawing your deposit early. As a result you will have a total profit of about 35% on your investment plus you safely got your seed money out.
Note: At least 15% of your investment must be on your account balance in order to successfully withdraw your deposit early. I wish you the best in whatever route you decide to take with Owex Finance Limited!
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