Welcome to my Chang Cheng IFA Review!
I have been hearing some buzz about this company lately, so it’s time for another review!
I try to stay on top of all the new MLM companies out there so I can help you determine which ones are legit and which ones aren’t.
This review will cover the company, the products and the compensation plan.
So, sit back and read along to learn what you need to know about Chang Cheng IFA!
Chang Cheng IFA Review – The Company
Aside from a little story about “Chinese families”, Chang Cheng International Finance Alliance does not offer any real information on their website about who owns or operates the business.
The alliance Chang Cheng began its way as a family business.
Of course, then it wasn’t any international alliance – there existed a few Asian families, connected by longtime friendship, which had long-standing traditions in several areas – trading in securities, legal support of business transactions, banking sphere.
In this format Chang Cheng worked for more than 15 years.
Since 2013 one of the founders’ sons has taken over the management of the company – he is a young lawyer and entrepreneur.
He made a decision to expand the family business by attracting partners worldwide and later it led to creation of the international financial alliance.
As you can see, there are no real specifics offered about the company itself.
The Chang Cheng IFA website domain was registered privately as “ccc.life” on the 15th of May, 2017.
Before that date, there is no record of this company existing anywhere in the world.
Chang Cheng IFA Reviews – The Products
Chang Cheng IFA does not have any retail products or services to offer.
All top mlm companies have retail products or services…
Affiliates who join Chang Cheng IFA simply market the affiliate membership.
The Chang Cheng IFA Compensation Plan
Chang Cheng IFA affiliates are required to invest bitcoin for a 200% ROI paid weekly:
- Ordinary Bond Package – Invest 0.02 BTC and receive a 5.5% weekly ROI
- Bronze Package – Invest 0.5 BTC and receive an 8% weekly ROI
- Silver Package – Invest 5 BTC and receive a 10.5% weekly ROI
- Gold Package – Invest 25 BTC and receive a 13% weekly ROI
Affiliates are restricted from withdrawing ROI payments through something called a “loyalty rating”.
This loyalty rating is measured in dollars and increases when commissions are earned and ROI payments are made.
When an affiliate finally withdraws money, the loyalty rating decreases by whatever dollar amount is withdrawn.
If an affiliate’s loyalty rating drops to zero, they cannot withdraw any funds.
This system stops affiliates from withdrawing all of their invested capital.
Affiliates earn residual commissions on invested funds and ROI payouts to downline affiliates.
These residual commissions are tracked and paid through a unilevel compensation structure.
This type of compensation structure puts an affiliate at the top of a unilevel team that places each personally sponsored affiliate immediately under them on level 1.
When a level 1 affiliate sponsors new affiliates, they are put on the second level of the original affiliate’s unilevel team.
When a level 2 affiliate sponsors new affiliates, they are put on the third level, and this continues on down as many levels as are needed.
Payable unilevel levels are capped by Chang Cheng at five.
Affiliates are paid referral commissions on invested funds as a percentage:
- Beginner (Invest in any Chang Cheng IFA package) – 5% on level 1 (personally sponsored affiliates) and 2% on level 2
- Specialist (Invest in a Bronze or higher package and have at least 0.5 BTC invested across levels 1 and 2 of your unilevel team) – 5.5% on level 1, 2.5% on level 2 and 1% on level 3
- Expert (Invest in two Bronze or higher packages and have at least 5 BTC invested across levels 1 and 2 of your unilevel team) – 6% on level 1, 3% on level 2, 1.5% on level 3 and 0.5% on level 4
- Magister (Invest in a Silver or higher package and have at least 50 BTC invested across levels 1 and 2 of your unilevel team) – 6.5% on level 1, 3.5% on level 2, 2% on level 3, 1% on level 4 and 0.5% on level 5
Referral commissions on ROI payouts are only paid on level 1 affiliates:
- Beginner – 2%
- Specialist – 2.5%
- Expert and Magister – 3%
Rank Achievement Bonuses and Bonus Cards
The Chang Cheng IFA compensation plan also mentions Rank Achievement Bonuses, but there are no specifics beyond that.
Bonus cards allow an affiliate to take money out without affecting their loyalty rating.
Cost To Join Chang Cheng IFA
The cost to join Chang Cheng IFA as an affiliate is an investment in at least 1 of the following 4 packages:
- Ordinary Bond Package – 0.02 BTC
- Bronze Package – 0.5 BTC
- Silver Package – 5 BTC
- Gold Package – 25 BTC
Income potential within the compensation plan is the main difference between the above packages.
Verdict on Chang Cheng IFA
The red flag that was raised in my mind is the claim that the company makes 13% ROI weekly on trading bonds…
Aside from the fact that there is no proof that any trading is happening…
If the company owners are consistently making 13% ROI, why would they need outside investment?
Another problem with this company is the fact that they offer no real products or services…
There is nothing to attract retail customers who could provide return business…
This company then relies on recruitment to keep income coming in…
And as we know, recruitment numbers will eventually decrease and so will ROIs….
So, I would think long and hard about joining a company like this…
I hope you enjoyed my Chang Cheng IFA review and if you have any questions, please leave them in the comments below…
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