TradeXLine Review  –  Ponzi Scheme –  MLM Scam

The web domain of the company was registered privately on the 19th of October 2019. TradeXLine is the brainchild of Christian Tremblay.

Christian Tremblay

Apart from the TradeXLine website, Christian does not exist anywhere on the internet. There is only a LinkedIn account under his name, quoting him as the CEO/Founder of TradeXLine. The account is ‘limited’ and ‘blank’ and was only created to maintain a track record of Christain Tremblay, showing him as the admin of TradeXLine.

For us, we reviewed his pictures on the site, and we are 99% sure that it is a fictional character played by an actor.

We couldn’t get any information about the incorporation of the company.

https://txline.online/cdocs/certificate.pdf

TradeXLine Products

The company doesn’t offer any retail products at this time. Retail products are something that can be sold to customers at retail cost without forcing them to join the MLM program.

Many counties in the world have compliance rules that mandate an MLM to provide a retail option.

Alexa cites the U.S as the major traffic source (84%) to the TradeXline website.

TradeXLine Compensation Plan

TradeXLine affiliates invest funds on the promise of advertised returns:

  • XL Plan Level — Invest a minimum of $20 to $999 and earn a 135% ROI over 6 months at this level.
  • 2XL Plan Level — Invest a minimum of $1000 to $4999 and earn a 160% ROI over 9 months at this level.
  • 3XL Plan Level — Invest a minimum of $5000 to $10,000 and get a 180% ROI over 12 months at this level.

Criteria for Rank Qualifications

TradeXLine offers a total of 8 ranks:

  • Bronze Level — Invest $100 and direct recruit at least 1 person that invests $20 and generate at least $10,000 in total smaller leg binary investment volume.
  • Silver Level — Invest $1000 and direct recruit at least 3 people that have a total investment of at least $100 and generate at least $50,000 in total smaller leg binary investment volume.
  • Gold Level — Invest $2000 and direct recruit at least 5 people that have a total investment of at least $2000 and generate at least $100,000 in total smaller leg binary investment volume.
  • Platinum Level — Invest $5000 and direct recruit at least 10 people that have a total investment of at least $2000 and generate at least $250,000 in total smaller leg binary investment volume.
  • Palladium Level — Invest $10,000 and direct recruit at least 20 people that have a total investment of at least $5000 and generate at least $500,000 in total smaller leg binary investment volume.
  • Pure Diamond Level — Invest $20,000 and direct recruit at least 40 people that have a total investment of at least $2000 and generate at least $1,000,000 in total smaller leg binary investment volume.
  • Blue Diamond Level — Invest $50,000 and direct recruit at least 60 people that have a total investment of at least $2000 and generate at least $5,000,000 in total smaller leg binary investment volume.
  • Crown Royal Diamond Level — Invest $100,000 and direct recruit at least 100 people that have a total investment of at least $100,000 and generate at least $10,000,000 in total smaller leg binary investment volume.

Referral Commissions

The amount of your referral commission will depend upon the investment plan you have joined.

You will earn the following commission when your direct recruit invests:

  • XL Plan Level — 5%
  • 2XL Plan Level — 8%
  • 3XL Plan Level — 10%

Residual Commissions (Binary)

TradeXLine also will pay residual commissions for building a team of affiliate members. These commissions are paid via the MLM binary compensation plan model.

With that said, the TradeXLine pays out 5% on weaker legs investment volume each day, for each affiliate.

When these affiliates get paid, the weaker leg zeros out, and any leftover investment volume on their stronger leg is carried over to the next day.

Rank Advancement Bonus

  • Bronze Level — Earn $250 for an investment in an XL Plan.
  • Silver Level — Earn $1000 for an investment in an XL Plan.
  • Gold Level — Earn $2000 for an investment in a 2XL Plan.
  • Platinum Level — Earn $7000 for an investment in a 3XL Plan.
  • Palladium Level — Earn four $10,000 3XL Plan investments.
  • Pure Diamond Level — Earn eight $10,000 3 XL Plan investments.
  • Qualify as a Blue Diamond Level — Earn fifteen $10,000 3XL Plan investments.
  • Qualify as a Crown Royal Diamond Level — Earn thirty $10,000 3XL Plan investments.

Joining TradeXLine

Joining TradeXLine affiliate membership is free. The minimum investment to enter the full income opportunity is $20 (XL Plan Level).

Conclusion

It is a matter of concern that the company is not following compliance policies of the U.S, while the majority of their customers are from the country.

Anytime, financial regulators can jump in and seize the company’s assets and also impose a huge fine.

The company is also promising ROIs, and due to this, they are violating securities law. They cannot offer securities in the U.S without registering with the S.E.C. Any member doing business with them can get hit by lawsuits.

Apart from the significant violations, the company does not show any substantial evidence of its external revenue. This means that their only source of income is new investments. And they honour payouts using new money.

TradeXLine is a Pyramid Scheme, that can collapse anytime, either due to some financial regulator’s crackdown or due to slow recruits.