BritishFXFunds Review –  Ponzi Scheme –  MLM Scam

Website & Company Information

The web domain of the company was privately registered on the 10th of January 2020 and was later updated on 2020–06–29. The website provides no information about who owns or runs the company.

We did some background checks and we discovered a U.K incorporation in the name “BRETISH FX FNDS LIMITED”, which was done June 22nd, 2020.

They had an address listed which is 50 Lower Thames Street, London, United Kingdom, EC3R 5BU. A simple google search on the said address shows a parking garage.

The company is claiming that they have been around since 2013, but all we can see is that they have recently opened the business in 2020. They have also deliberately misspelt their company name….God knows why?

Online Since 2013, British FX Funds Limited is a global investment company, officially incorporated in the UK. The company is headquartered in London but its activities go far beyond the borders of England. Thousands of people tell us about their successes achieved thanks to their cooperation with British FX Funds Limited…

As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.

British FX Funds Products

The company has no retailable products or services, with affiliates only able to market British FX Funds affiliate membership itself. Becoming an affiliate allows you to invest in the company’s investment plans.

BritishFXFunds Compensation Plan

They market two different plans under the name “Regular Investment Plans” and “VIP Investment Plan”

Regular Investment Plans

All returns are paid after the plan duration for all daily plans.

· Invest $10 get 0.5% daily for 500 business days.

· Invest $1000 get 3% daily for 90 business days

· Invest $3000 get 6% daily for 35 business days

· Invest $5000 get 12% daily for 18 business days

· Invest $10,000 get 20% daily for 10 business days

· Invest $100,000 get 150% daily for 1 business days

VIP Investment Plans

All returns are paid after the plan duration for all daily plans.

· Invest $50,000 get 200% after 3 business days.

· Invest $25, 000 get 300% after 7 business days

· Invest $10,000 get 400% after 15 business days

· Invest $2000 get 500% after 35 business days

· Invest $500 get 1000% after 70 business days

· Invest $20 get 2000% after 120 business days

Referral Commissions

British FX Funds pay referral commissions via a unilevel compensation structure, capped at three levels.

Commissions are paid out as a percentage of funds invested across these four levels as follows:

  • Level 1 — (1–300 Referrals: 5%, 301–500 Referrals 7%, 501+ Referrals 10%) — personally sponsored affiliates
  • Level 2–2%
  • Level 3–1%

Joining BritishFxFunds

Joining Brtish FX Funds affiliate membership is free, however, full participation in the attached income opportunity requires anywhere from $10 to $100,000.

Conclusion

The company claims of generating external income via forex trading. No evidence of BritishFxFunds participating in any kind of trading is provided. Nor is there any evidence of BritishFxFunds using external revenue of any kind to pay returns.

We also don’t know who owns or runs the company. This is a matter of concern because in any incident related to fraud, whom would you question? Are you comfortable handing over your hard-earned money to some faceless self-proclaimed ‘professional traders’?

They also don’t have retail products or services to sell, which makes this a pyramid scheme. On top of that, they promise an ROI of 2000% — this is an outrageous claim because if anyone could generate 2000%, then why would they ask you for money? The truth is they are taking newly invested funds and paying off existing members making this a Ponzi scheme.