FarGlobal Review – Legit Crypto Trading Platform Or Scam?

Welcome to my FarGlobal Review!

This is one of the latest MLM companies to pop up in the crypto space and I decided to take a look to see what it was all about.

Chances are someone approached you about their trading platform and now 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.

Make sure you pay close attention and read this to the end!

FarGlobal Review – The Company

FarGlobal Review

After taking a closer look at FarGlobal, I noticed there is no information on who runs or owns the company.

I did check out the FarGlobal domain “farglobal.me” and found out it was privately registered on April 23rd, 2019. [1]

I did see a TradeVIM logo on their website and found out it’s a separate website.

The TradeVim’s domain “tradevim.com” was privately registered on December 5th, 2018.[2]

TradeVIM

After doing some more research, I found a video on YouTube where it shows “Joe” is the creator of the platform. [3]

Joe is apparently based out of San Francisco, California.

Which is strange because on FarGlobal’s website it says it’s home office is in Canada.

There was no other information on suggesting that Joe is tied with FarGlobal or TradeVIM.

Anyway, that’s all I got on the company…

FarGlobal Reviews – The Products

FarGlobal has no retail products or services, but you can become an affiliate and promote their affiliate membership.

FarGlobal platform

Far Global Compensation Plan

FarGlobal has members join a 60 day TradeVim Licenses.

Commissions are paid when you sponsor new people that buy those licenses.

TradeVIM licenses will run you $697 and are recharged every 60 days for $149.

There was some conflicting information about the pricing because the FarGlobal compensation plan materials says it’s $499 for the licenses where the website says it’s $697.

Now, the $499 TradeVIM licenses will product a $120 commission when you sponsor someone who buys it.

Also the $149 recurring fee will get you a $37.50 commission for every payment.

Residual side of things, you can get a 20% match on commissions earned by your personally sponsored members.

FarGlobal Ranks

Overall, there are three affiliate ranks you can hit in the FarGlobal compensation plan.

Below is the qualifications needed to hit them:

  • Affiliate – Get started at a FarGlobal affiliate
  • Gold TradeVIM – Sponsor two affiliates and produce 5000 GV in downline sales volume (max 2500 GV from any one unilevel leg)
  • Platinum TradeVIM – Maintain two personally sponsored affiliates and produce 10,000 GV in downline sales volume (max 5000 GV from any one unilevel leg)
  • Platinum Match Qualified – Sponsor and maintain two Platinum or higher ranked affiliates

You must maintain these qualifications for at least 60 days…

Generational Bonus

Far Global pays a generation bonus through a unilevel compensation plan structure.

When there is a same or higher rank affiliate in a unilevel leg, that’s defined as one generation.

Now if there are TWO affiliate with the same or higher rank than you, that’s two generations.

Below is the break down on the pay on these bonuses:

  • Gold TradeVIM affiliates earn a 20% commission on up to one Gold generation per unilevel leg
  • Platinum TradeVIM affiliates earn a 20% commission on up two Platinum generations per unilevel leg
  • Platinum Match Qualified affiliates earn a 20% commission on up to three Platinum Match Qualified generations per unilevel leg

Platinum Match Bonus

When you hit Platinum Match rank, you can get a $120 one-time bonus and $149 TradeVim License voucher.

Cost To Join Far Global

FarGlobal will run you $697 TradeVIM license (or $499 because the compensation plan material has a different price).

Also there is a $149 fee every 60 days.

Final Verdict

So does the FarGlobal scam exist?

Well, FarGlobal promotes TradeVIM as a cryptocurrency trading platform.

There is some kind of bot attached to this trading according to their marketing video.

Apparently this bot trades passively for you and gets you a return every 50 days.

Now because of this, they are offering a securities offering…

Nothing wrong with that, however, they must be registered with the SEC and the equivalent for Canada.

When I did a research for any registrations, I didn’t find any….

On top of that, there is no retail sales happening here…

Which makes this company a pyramid scheme…

Because of the non registration with the proper government authorities and no proof of this bot trading, it also makes this company a Ponzi scheme.

So I do not recommend this company in my humble opinion.

However, you can do as you please 🙂

I hope you enjoyed my Far Global review and if you have any questions, feel free to ask in the comments below…

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FarGlobal

-Jesse Singh

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