Antares Trade Review –  Ponzi Scheme  –  MLM Scam

Website & Company Information

The web domain of the company was registered privately on the 10th of December 2018 and was updated recently on 2020–03–27. Antares Trade is a typical crypto MLM program that is run and managed by Alex Richter

We analysed all the marketing videos of the company, and we can say that an actor is playing the character of the founder. Alex didn’t exist before the launch of Antares trade and doesn’t have any footprint outside the company’s ecosystem. The office space showed in the video gives a temporary office vibe, rented to shoot marketing videos.

The company documents listed on the site suggests that the company is based out of Hong Kong.

However, through an online probe, we learned that the said address points out to a hotel in Hong Kong.

Domain Sale in 2020

Wayback Machine confirms that as of December 22nd 2018, the “”antares.trade”” domain was for sale, and it was purchased around March 2020. And to back that research we have marketing videos that started surfacing in March this year. So we can conclude that the company is just three months old.

As always, if a company is not transparent about their incorporation and its corporate structure, then you must think twice before handing over your hard-earned money to them.

Antares Trade’s’s Products

The company has no products or services to offer, with affiliates only able to market Antares Trade affiliate membership itself.

Antares Trade’s’s Compensation Plan

Antares Trade has its investment vehicle known as Antares Dollar (AND) tokens. The affiliates invest in Antares Dollar (AND) on the promise of daily returns that go up to 2% and are capped at 200%.

AND is currently traded internally at around $1 USD.

Referral Commissions

The company pays referral commissions to its affiliates on invested funds down three levels of recruitment (unilevel).

  • invest $100 and get 3% on level 1 (direct recruits)
  • invest $250 and get 3.5% on level 1
  • invest $500 and get 4% on level 1
  • invest $1000 and get 4.5% on level 1 and 0.5% on level 2
  • invest $2500 and get 5% on level 1 and 1% on level 2
  • invest $5000 and get 5.5% on level 1 and 1.5% on level 2
  • invest $10,000 and get 6% on level 1, 1.5% on level 2 and 1% on level 3
  • invest $20,000 and get 6.5% on level 1, 2% on level 2 and 1% on level 3
  • invest $35,000 and get 7% on level 1, 2.5% on level 2 and 1.5% on level 3
  • invest $50,000 and get 7.5% on level 1, 3% on level 2 and 2% on level 3
  • invest $75,000 and get 8% on level 1, 3.5% on level 2 and 2.5% on level 3
  • invest $100,000 and get 8.5% on level 1, 4% on level 2 and 3% on level 3

Residual Commissions

Antares Trade also pays residual commissions using a binary compensation structure.

These residual commissions depend upon the package bought by an affiliate:

  • invest $100 and get a residual commission rate of 5%
  • invest $250 and get a residual commission rate of 5.5%
  • invest $500 and get a residual commission rate of 6%
  • invest $1000 and get a residual commission rate of 6.5%
  • invest $2500 and get a residual commission rate of 7%
  • invest $5000 and get a residual commission rate of 7.5%
  • invest $10,000 and get a residual commission rate of 8%
  • invest $20,000 and get a residual commission rate of 8.5%
  • invest $35,000 and get a residual commission rate of 9%
  • invest $50,000 and get a residual commission rate of10%
  • invest $75,000 and get a residual commission rate of 11%
  • invest $100,000 and get a residual commission rate of 12%

ROI Bonus

Antares Trade affiliates receive a bonus percentage on funds invested every 200 days:

  • invest $100 and get a bonus of 0.02%
  • invest $250 and get a bonus of 0.04%
  • invest $500 and get a bonus of 0.06%
  • invest $1000 and get a bonus of 0.08%
  • invest $2500 and get a bonus of 0.1%
  • invest $5000 and get a bonus of 0.12%
  • invest $10,000 and get a bonus of 0.14%
  • invest $20,000 and get a bonus of 0.16%
  • invest $35,000 and get a bonus of 0.18%
  • invest $50,000 and get a bonus of 0.2%
  • invest $75,000 and get a bonus of 0.22%
  • invest $100,000 and get a bonus of 0.25%

Joining Antares Trade

The minimum investment required to join the Antares Trade affiliate membership is $100. Maximum — $100,000. All the investment goes into buying the company’s underlying token.

  • an investment of $100 will get you 100 AND
  • an investment of $250 will get you 250 AND
  • an investment of $500 will get you 500 AND
  • an investment of $1000 will get you 1000 AND
  • an investment of $2500 will get you 2500 AND
  • an investment of $5000 will get you 5000 AND
  • an investment of $10,000 will get you 10,000 AND
  • an investment of $20,000 will get you 20,000 AND
  • an investment of $35,000 will get you 35,000 AND
  • an investment of $50,000 will get you 50,000 AND
  • an investment of $75,000 will get you 75,000 AND
  • an investment of $100,000 will get you 100,000 AND

Antares’s affiliates’ income potential depends upon their investment in AND tokens.

Conclusion

Antares is one of those companies who take real money from you and gives you their so-called company’s token that does not have any real value outside the company’s ecosystem. Antares can generate these ERC-20 token on-demand at little to no cost.

So, in reality, they are creating an illusion of giving you something which has zero value, and in return, they are getting something that is highly liquid.

This system will run until new investment stops coming in and when the new investment stops coming in, you know what happens.

Regulatory issues

The company offers no products or services apart from its MLM opportunity. And if an MLM opportunity is being offered in countries like the U.S and Canada without any retail option, then that company is operating illegally.

Apart from its illegal operations, Antares Trade isn’t registered to offer securities in any jurisdiction. They are soliciting investment opportunities that can get them in trouble any day!