FX Trading Corp Review – Scam Or Legit?

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FXTrading Corp is supposedly a cutting-edge forex trading firm that generates over 2.5% ROI per day. Their website structure is very convincing and the average investor might never suspect them.

Their trading platform is clearly a high yield investment program that can only cause trouble to their clients. We all can agree that making money by clicking a few buttons is exciting but do not be so attached to the idea.

Go through our detailed review to know the truth:

  • It is FX Trading Corp reliable or scam?
  • It is FX Trading Corp a pyramid (Ponzi Scheme)?

FX Trading Corp Review – What Is It?

FXTrading is basically an MLM (Multi-Level Marketing) opportunity that you can earn money with.

The niche that we would say the company is in would be the currency trading niche that trades in both fiat, and cryptocurrency including education.

You get some type of certification from the company at the end, of the training that the company offers, but not sure how you will be able to use it.

FXTrading Ownership and Support Details

Any firm which accepts international clients and offers high-risk investment opportunities should follow strict rules. Ever since the early days of the internet, companies would often create hype to gain a huge client base.

So, to stop innocent investors from falling prey, the current system of law has been covering all the loopholes. Fxtrading corp does not showcase any of their license details or their registration number.

We do not know their physical location and this kind of anonymity is unacceptable. Moreover, any legitimate organization would never dare to operate in this manner as it ruins their reputation.

The only mode of communication between the employees of the company and the clients is through email. Think for a moment, isn’t this kind of doing business strange, to say the least?

fx trading corporation
source: FX Trading Corp

The CEO’s and founders of the FX Trading Corp company are Young Min Oh (CEO), Joon Park (CFO) and Yang Jae Seok (CMO).

The company seems to be based out of South Korea.

The company claims that they are in 76 countries and has 23 trading professionals throughout there network.

No other information was found about any one of the owners when doing a few searches online about them.

That is all we have on the FXTrading Corp company information, let’s move on to the next section.

FXTrading Corp Operational Model

In this section of the review, we are going to take a look at the products that FX Trading Corp offers.

FXTrading Corp as the name suggests is said to be active in trading the forex market. They supposedly have created various trading bots which will generate a set amount of income per day.

This explanation might sound good enough for newbies, but the facts suggest otherwise. For starters, they have not mentioned about the parameters of the trading algorithms.

Auto-trading using Expert Advisors is not completely flawless as the markets react differently to various types of events. Moreover, there is no accuracy rate put up on their website and there is no trading history as well.

In short, they are expecting the clients to trust them blindly. Trading, in general, contains a lot of moving parts. So, it is extremely important to make sure that you understand their framework before jumping in.

When dealing with an MLM (Multi-Level Marketing) company, you need to offer retail sales according to the local compliance guidelines.

Unfortunately, when taking a look at what retail products FXTrading Corp offers we were unable to find any.

The only thing that you can do to gain access to the system and opportunity for certificate and training is when you make an investment and become an affiliate member.

That is all we have on the product information, let’s move on to the next section.

FxTrading Corp Profits Offered

Major hedge funds and investment banks aim for 20% to 30% returns on a yearly basis. Remember, this is the professional trades who have gone through specific degrees to reach that position.

Fxtrading promises investors up to 2.5% per day. While this number might seem reasonable, it is impossible to achieve it consistently over the long term. So, using history as a guide, anyone who says otherwise is most likely to be lying to you.

It is your responsibility to make sure that you verify any and all of the claims. Moreover, to be on the safer side, do not deal with any unregulated firms.

In this section of the review, we are going to break down how the compensation plan works and how you get paid with FXTrading Corp.

There are basically 2 ways that you can earn money with the FX Trading Corp opportunity which are:

  • ROI Commissions
  • Referral Commissions

ROI Commissions

When dealing with the ROI Commissions all you really have to do to start earning according to the company website is to make an investment in what of the packages they offer.

The ROI that is promised is as much as 500% of your investment made.

Here is a breakdown of each level of investment that the company offers:

  • Bot300 Level – This level will require a $300 investment to join.
  • Bot500 Level – This level will require a $500 investment to join.
  • Bot1000 Level – This level will require a $1000 investment to join.
  • Bot3000 Level – This level will require a $3000 investment to join.
  • Bot5000 Level – This level will require a $5000 investment to join.
  • Bot10000 Level – This level will require a $10,000 investment to join.
  • Bot20000 Level – This level will require a $20,000 investment to join.
  • Bot30000 Level – This level will require a $30,000 investment to join.
  • Bot40000 Level – This level will require a $40,000 investment to join.
  • Bot50000 Level – This level will require a $50,000 investment to join.

Depending on the level of investment that you join the FXTrading Corp opportunity at you can earn up to 2.5% for 200 days.

Referral Commission

When dealing with referral commissions there are a few ways that you can earn commissions.

Each way will have to do with referring others to the opportunity but offer different ways that you can earn money.

Personally Sponsored

When you personally sponsor a new member into the FX Trading Corp opportunity that makes an investment you will earn 6% from their initial investment.

Residual Commissions (Binary)

The company also offers residual commissions that use an MLM binary compensation plan structure to pay out these commissions.

For those that are not familiar with how the binary compensation plan structure works, here is a quick breakdown:

  • Binaries have only 2 legs.
  • Each leg offers its own volume that is counted separately.
  • Each leg can have unlimited levels deep.
  • Filling the levels will come from both direct and indirect sponsorships.
  • You will only earn from the weaker or the leg the has fewer sales or lesser volume.
  • You will need to have a personally sponsored active member on your left and one on your right leg to qualify for these commissions.

The FXTrading Corp binary offers 10% of the investment sales made from your weaker leg.

This is paid out daily, and any leftover volume is carried over to the following day and so on.

Depending on what investment level that you started with will have a cap on the amount of money that you can earn daily with the higher investment tiers offering a higher cap.

Matching Bonus Commissions (Unilevel)

The matching bonus is an additional commission bonus that you can earn when affiliate members make investments.

These commissions are paid out when a certain amount of investments are made and also depending on your rank in the company.

For those that are unfamiliar with how the uni-level pay plan works, here is a quick breakdown:

  • 1st Level – The first level of your uni-level compensation plan will only have your personally referred members on it.
  • 2nd Level – The second level of your uni-level pay plan will only have your team members that your level 1 members personally sponsored on it.
  • 3rd Level – The third level of your uni-level pay plan will only have your team members that your level 2 members personally sponsored on it.
  • and so on…

FXTrading Corp offers a total of 10 levels of uni-level pay that you can earn from.

The commissions are earned from the investments made and paid out when a certain amount is accumulated.

Depending on your rank will depend on how much investment volume you accumulate in the binary compensation plan, here is the breakdown:

  • Star 1 Rank – When you generate a total of at least $1000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 1 level of your uni-level pay plan.
  • Star 2 Rank – When you generate a total of at least $4000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 2 levels of your uni-level pay plan.
  • Star 3 Rank – When you generate a total of at least $20,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 3 levels of your uni-level pay plan.
  • Star 4 Rank – When you generate a total of at least $50,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 4 levels of your uni-level pay plan.
  • Star 5 Rank – When you generate a total of at least $200,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 5 levels of your uni-level pay plan.
  • Star 6 Rank – When you generate a total of at least $500,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 6 levels of your uni-level pay plan.
  • Star 7 Rank – When you generate a total of at least $1,500,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 7 levels of your uni-level pay plan.
  • Star 8 Rank – When you generate a total of at least $3,000,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 8 levels of your uni-level pay plan.
  • Star 9 Rank – When you generate a total of at least $5,000,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on 9 levels of your uni-level pay plan.
  • Star 10 Rank – When you generate a total of at least $10,000,000 in investment volume on your weaker binary leg you will qualify to earn a matching bonus on all 10 levels of your uni-level pay plan.

As you can see in the description above, the way to achieve a certain rank is included.

To reach a certain rank will only require a certain investment amount that is generated from your weaker binary leg volume.

Rank Achievement Bonus Prizes

Fx Trading Corp also offers prizes when you reach a certain amount of accomplishment in the compensation plan that the company offers.

These rank achievement bonuses are offered when you reach the rank of Star 6 and on which you can see in the matching bonus section on how to achieve these ranks.

Here are a breakdown of the rank achievement bonus prizes you will earn when you reach the ranks listed below:

  • Star 6 Rank – First qualify at this rank, then you also need to personally refer 2 Star 1 ranked members or higher. (earn a Rolex Submariner watch)
  • Star 7 Rank – First qualify at this rank, then you also need to personally refer 2 Star 2 ranked members or higher. (earn an international trip for 2)
  • Star 8 Rank – First qualify at this rank, then you also need to personally refer 2 Star 3 ranked members or higher. (earn a Toyota Camry)
  • Star 9 Rank – First qualify at this rank, then you also need to personally refer 2 Star 4 ranked members or higher. (earn Mercedes-Benz Class E)
  • Star 10 Rank – First qualify at this rank, then you also need to personally refer 2 Star 5 ranked members or higher. (earn either a Ferrari or Lamborghini)

That is all there is to the compensation plan and how you make money with the FXTrading Corp opportunity.

Let’s continue:

What’s The Cost To Join FXTrading Corp?

You can join the FX Trading Corp opportunity for free with limited access to the opportunity and what FXTrading Corp offers.

You will need to make an investment in what of the investment packages that the company offers to take full advantage of what the company offers as far as commissions and the ROI you can earn.

The minimum to get started with the opportunity and ROI will require a $300 investment. We advise you to look at learning first, NOT earning when it comes to online trading. 

FxTrading Corp Affiliate Program

One thing all the scams excel at is marketing skills. After all, their revenue depends upon the number of people they can successfully loot. This firm offers an affiliate marketing program wherein they reward their marketers based on the number of clients they bring in.

To keep the promoters on their toes and encourage them to the max, they do offer perks as well. The only duty of the affiliates is to redirect traffic to this website by using either seo or social media platforms.

This clear conflict of interest is the reason being all the fake testimonies and reviews. In short, if you land on any online channel which promotes them, then they are doing it for the sake of commission.

FX Trading Piramide – Ponzi Model and False Narratives

If you hear about someone who has been paid by this company, then do not be flattered by that. Fake investment platform like this company uses ponzi model to create cash flow.

In simple words, they use the money brought in by the new investors to pay the old ones and keep some percentage on top for themselves. As you can see, their firm has nothing to do with trading.

Moreover, as their core business model is dependent upon their marketing abilities, sooner or later their scheme will collapse. So, be very cautious when you are presented with so-called life-changing opportunities. Most of the time, it will be just a trap to lure you in.

Is FXTrading Corp A Scam Or Legitimate Opportunity?

FXTrading Corp is a new and innovative pyramid type of scam that shows the kind of creativity scammers are showcasing. They are creating enormous hype over the internet which can be described as the perfect bait for the newbie investors.

Under any circumstance, do not give this program the benefit of doubt, if you choose otherwise, then prepare yourself for disappointment. As always remember, skill and consistency are the crucial things to success, no software can beat the actual efforts.

In our opinion, there are many red flags that we see with FXTrading Corp.

They offer no retail sales, and the ROI that they offer can be confirmed on how the money they make from trading and investing be sustainable.

If you have any experience in trading or investing in the Forex or Crypto market, you will know how volatile it is.

We don’t see how the company can make a promise or guarantee a 2.5% ROI daily for 200 days.

With that said, Yes, we do feel that FX Trading Corp is a pyramid type of scam.

They simply do not have the requirements to be in compliance with any laws for a legitimate MLM company, and they might also be in non-compliance with the regulators laws and regs as well.

FX Trading Complaint Here

Add your FX Trading compliant here. Forexpeacearmy is the most trusted website for brokers review. 

GET A FOREX PRO ON YOUR SIDE

To trade forex and CFDs, you need a well-regulated broker, where your money is safe, one that features a user-friendly trading platform with ultra-light execution, tight spreads, and fees. Trading with a trusted forex broker is crucial for success in international currency markets.

Here’s the Overall rankings for the best online brokers who participated in our Broker Review, sorted by Overall ranking.

FAQs

Is FXTrading Corp Scam?

Yes, FX Trading Corporation is a Scam. There are too many red flags that we have flagged down in our review. Just note that these people have issued an ROI that can not be confirmed. Their business address, location, ownership are also not confirmed. This is simply a scam.

Is FXTrading Corp Legit?

No, FX Trading Corporation is not Legit. There are too many red flags that we have flagged down in our review. Just note that these people have issued an ROI that can not be confirmed. Their business address, location, ownership are also not confirmed. This is simply a scam.

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