Welcome to my Multiple TradeX review.
One of the questions that we are going to look at today is to see if Multiple TradeX is a scam or not.
We are going to take the time to research and review the information about the company, the products, and the compensation plan to see if they have everything they need to be a company that complies.
We decided to take a closer look at the opportunity due to the growing interest that we started to see on the social platforms we belong to.
Also, before you go, make sure to grab one of the money-making bonuses on this page just for visiting us!
With that said, let’s dig in and see what we can learn about the Multiple TradeX opportunity.
Multiple TradeX Review – What Is It?
Multiple TradeX is an MLM opportunity that you can join that offers the ability to make money online with the promised ROI that the program offers.
The niche that I would say that Multiple TradeX is in would be the financial trading and education niche.
When we take a look at any company that provides us with the ability to earn money online, we like to see who owns it.
This shows transparency and gives us the ability to research the background and experience that the owner has.
The last thing we would want to join is a company that is owned by an owner that has a track record of opening up companies just to close them down a few months down the road to start a new one.
Unfortunately, we were unable to find any information about the owner or management team on the company website.
What was weird is that we found a reference to the website “iprofit247.com” in the About Page of the company website that mentions that this website is “ready to offer the best conditions for asset management service”.
The website “iprofit247.com” is a duplicate website to MultipleTradeX.
The company does claim that their business is registered in the UK and the United States but the only incorporation registration that we were able to find is in the UK for “Minefield LTD”.
The interesting thing is that the Minefield LTD incorporation expired back in 1-2019.
That is all of the information that we have about the company, let’s continue.
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Multiple TradeX Marketing System
If you are a member of Multiple TradeX and want to generate more leads and sales to make more money with it, then you need this!
With that said, let’s continue with the company overview.
What Are The Products That Multiple TradeX Offer?
In this section of the review, we are going to take a look at the products that the Multiple TradeX offer.
After taking a look at the company website, I couldn’t find any retail products that a person can purchase without having to join the affiliate membership.
It looks like the product that they are offering is the “financial trading service” that offers the ROI and the additional money-making opportunity when you recruit others.
The company states that through there binary options, forex, bitcoin mining, and trading, they make enough money to maintain the profits needed for the promised daily ROI for all of their invested members.
However, there is no proof of their maintained profit and earnings from the results of these activities anywhere on the company website that we were able to find.
That is everything that we found about the products that the company offers, let’s continue.
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How Does The Multiple TradeX Compensation Plan Work?
In this section of the review, we are going to take a look at how the compensation plan works and how you can make money with the Multiple TradeX opportunity.
There are a couple of ways to earn money with the compensation plan that the company offers which are:
- ROI Commissions
- Referral Commissions
Getting Started and ROI Commissions
Getting started as an affiliate member where you can earn from the compensation plan is tied into the ROI commissions that the company offers.
Depending on the amount of Bitcoin that you invest will depend on how much of the daily ROI the company will pay you.
Here is how that works:
- When you get started with an investment of 0.03 BTC or more the company will pay you a 10% daily ROI.
- When you get started with an investment of 0.5 BTC or more the company will pay you a 12% daily ROI.
- When you get started with an investment of 1 BTC or more the company will pay you a 15% daily ROI.
The company labels the ROI commissions that you earn as “lifetime income”.
The other way that the company pays you in commissions is when you refer others to the opportunity that makes an investment to join.
The company uses the unilevel compensation plan structure to pay out these commissions.
For those that are unfamiliar with how the unilevel pay plan works, here is a quick breakdown:
- 1st Level – The first level of your unilevel compensation plan will only have your personally recruited members on it.
- 2nd Level – The second level of your unilevel compensation plan will only have team members that your 1st level members personally recruit.
- 3rd Level – The third level of your unilevel compensation plan will only have team members that your 2nd level members personally recruit.
- and so on…
There are a total of 3 levels of recruitment commissions that you can earn on with Multiple TradeX.
Here is a breakdown of what you will earn from the investments that members from all 3 levels make into the company:
- Level 1 – On this level of your unilevel compensation plan, you will earn 5% of each investment.
- Level 2 – On this level of your unilevel compensation plan, you will earn 10% of each investment.
- Level 3 – On this level of your unilevel compensation plan, you will earn 20% of each investment.
For some reason, there is another set of percentages that the company mentions on their website for these 3 pay levels so I am not 100% sure which one they go by or if there are 2 separate payouts?
The one above is representing the investment commissions, the other set of 3 percentage numbers might be for the ROI commissions that are earned daily?
Those commissions are broken down like this:
- 1st Level – 8%
- 2nd Level – 2%
- 3rd Level – 1%
The company doesn’t mention any differences but I am thinking that is how it works.
With that said, that is all of the information that we have about how the compensation plan works and how you can make money with the Multiple TradeX opportunity.
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My Multiple TradeX Q and A Section
In this section of the review, we are going to answer some of the questions that people may have when thinking about joining the Multiple TradeX opportunity.
Is Multiple TradeX BBB Accredited?
No, Multiple TradeX is not accredited with the Better Business Bureau at this time.
This is not an indication that the company is a scam, it just means that it is not listed or have accreditation with the BBB.
There have been a ton of companies that are not accredited with the BBB that we have found to be 100% legitimate.
Since this fact, we only go with the facts and the information that we discover about the company that we are reviewing.
What Is The Cost to Join Multiple TradeX?
The minimum cost to join Multiple TradeX is actually free and can earn from the referrals that make an investment into the company to join.
Free affiliate members cannot earn from the promised ROI commissions.
To take full advantage of the opportunity, the cost to join will be an investment of 0.03 BTC.
Is Multiple TradeX a Scam or Legitimate Opportunity?
In my opinion, no, Multiple TradeX is not a scam but they have some serious issues that we have found.
Here is a list of some of the issues that we have found:
- The company doesn’t list who the owner is
- The company does not offer any retail products
- The company offers promised profits (ROI) without having proof of registration
The first issue that we found concerning that lack of information about the owner.
When a company makes it so difficult where we can’t find any information online on who owns it throws up a red flag to us.
Even when some company websites don’t list who owns it, we are still able to locate some information online.
The second issue is that the company is running off an MLM compensation plan whereby law they are required to provide customers with a retail product or service to be in compliance.
The last issue is the lack of proof that they can offer securities or the promised profit that the company offers.
In order to be legal, the company needs to register in every company that they are operating in.
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My Final Multiple TradeX Review, Thoughts, and Bonus
In the final section of my review, I am going to share my final thoughts about the Multiple TradeX opportunity as a whole.
We have taken the time to research and review the information about the company, the products, and the compensation plan.
We have also shared our thoughts about the legitimacy of the company and found out that there are some serious issues with the business.
At this point, you should have a good idea about what Multiple TradeX is, how it works, what they offer, and how you can make money with it.
What are your thoughts about it at this point?
But here is the question…
Do we recommend the Multiple TradeX opportunity?
No, we do not recommend this opportunity as a long-term program that you can make money with due to the issues that we have found with it.
With that said, I hope you enjoyed my Multiple TradeX review.
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