Elite Fin FX Review – Legit Forex MLM or Massive Scam?
Welcome to my Elite Fin FX Review!
This is one of the latest network marketing companies to pop up and I decided to take a look and see what it was all about.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision to join or not.
Make sure you pay close attention and read this the end…
Elite Fin FX Review – The Company
Elite Fin FX has no information on the actual website on who runs or owns the company.
Also the company goes by Elite Finance Forex full name.
So people could be looking for “Elite Finance Forex Review” or “Elite Finance Forex Scam”.
The company does have UK incorporation certificate which has the Elite Finance Forex Limited on it.
This incorporation was done in the UK on July 31st, 2018.
I don’t think highly of UK incorporation’s because it looks like all the scammy companies go that route now because they are cheap.
Elite Fin FX website domain “elitefinfx.com” was privately registered on July 6th, 2018.
Anyway, that’s all I go ton the company…
Elite Fin FX Reviews – The Products
Elite Fin FX has no retail products or services, but you can promote the affiliate membership by becoming an affiliate.
Elite Fin FX Compensation Plan
Basically Elite Fin FX member invest $10 or more on a promise they will get a 15% monthly ROI.
Referral commissions are paid through a unilevel compensation plan structure.
As of right now, this company pays 15 levels deep…
Below is the commissions you get on the invested funds across all 15 levels:
- Level 1 (Personally sponsored affiliates) – 8%
- Level 2 – 2%
- Level 3 – 1%
- Level 4 to 7 – 0.5%
- Level 8 to 15 – 0.25%
Cost To Join Elite Fin FX
Elite Fin FX affiliate membership is actually free.
To be part of the investment opportunity, you must drop at least $10.
Does the Elite Fin FX scam exist?
Apparently Elite Fin FX is claiming their ROI’s are generated through forex trading:
Our traders have been generating consistent profits of upto [sic] 30% a month for our hedge funds which we manage and we expect to continue to do so here also and share 50% of the daily profits we make with the investors.
However, there isn’t any proof of this actually happening.
Plus with a track record of 15% ROI per month, why do they need investment from affiliates?
Only thing I see happening is newly invested funds are paying off existing members making this nothing more than another Ponzi scam…
It’s just common sense these days and I hope people are figuring this stuff out…
Any company that promises a guaranteed ROI is a scam these days.
Anyway, I hope you enjoyed my Elite Fin FX review and if you have any questions, feel free to ask in the comments below…
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