FX Value Trade Review – Ponzi Scheme – MLM Scam
Website & Company Information
The web domain of the company was privately registered on the 8th Of May 2020. The website provides no information on its website about who owns or runs the company.
According to the site, FX Value Trade is based out of California. Further research on the address reveals this address is shared with multiple trading companies. This suggests whoever is running FX Value Trade has attempted to launch multiple businesses in the same niche.
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.
FX Value Trade’s Products
The company markets its five trading account tiers, as follows:
- Cent Account — deposit a minimum of $250
- Micro Account — deposit a minimum of $500
- Standard Account — deposit a minimum of $1000
- Zero Account — deposit a minimum of $2000
- ECN Account — deposit a minimum of $5000
Cryptocurrency is also supported.
FX Value Trade’s Compensation Plan
The company pays commissions on trading activity down three levels of recruitment (unilevel):
- level 1 (direct recruit) — 100%
- level 2–15%
- level 3–5%
The stated commission per downline trade is up to $80 per each lot traded by your client.
Joining FX Value Trade
Joining FX Value Trade affiliate membership to be free. However, full participation in the attached income opportunity requires a minimum investment of $250.
Conclusion
You shouldn’t be depositing your hard-earned money to people you cant see. The company does not have any face, nor there are many mentions about the team behind the company.
As we see, the only valid source of income going into the company is the new investment and using these investments to pay existing affiliates makes this business model a Pyramid Scheme.