Global Trading Club Review – Legit Company or Big Scam? Find Out…
Welcome to my Global Trading Club Review!
With so many new MLM companies starting up every month, it can be hard to know which ones are legit and which ones aren’t.
The best thing you can do to ensure you don’t lose your hard-earned money is to properly research each company before you invest.
In this review, I will help you answer your questions by going over the company, the products and the compensation plan.
Alright, so let’s dive right in!
Global Trading Club Review – The Company
I wasn’t able to find any real information on the company website about who owns or operates Global Trading Club.
Registered on August 4th, 2016, the Global Trading Club website domain, registered as “gtcexchange.com” is currently set to private.
Something I did notice is that although the company website domain was only registered in August of this year, Global Trading Club says that they have ‘over 7 years in trading experience and several years to formulate the concept‘.
It seems that most of the Global Trading Club website traffic comes out of Japan, which most likely means that the person running the company is also based out of Japan as well.
I did also notice that a lot of the marketing is in Spanish, so the company might be based somewhere in South America.
As I always say, if a company seems to be hiding where they are operating from, or they are not completely upfront about who is running the business, you should think twice before jumping in.
Okay, so we know a little bit about the company, let’s get into the products.
Global Trading Club Reviews – The Products
I noticed Global Trading Club does not offer any retail products or services.
Affiliates who join Global Trading Club can only promote and sell the Global Trading Club affiliate membership.
The Global Trading Club Compensation Plan
To participate in the Global Trading Club compensation plan, affiliates must invest between $250 and $7000.
This investment comes with a promise of a daily ROI.
Affiliates who join Global Trading Club are also paid to sponsor new affiliates.
Global Trading Club affiliate memberships each pay a daily ROI for a set number of days.
The amount of ROI that is paid out and for how long depends on how much the affiliate invests.
- Entrepreneur ($250) – $1 to $3 daily ROI for 175 days
- Presidential ($1000) – $5 to $10 daily ROI for 350 days
- VIP ($7000) – $35 to $70 daily ROI for 400 days
Recruitment Commission Payout
Each new affiliate that is brought into the Global Trading Club results in a commission paid to the sponsoring affiliate.
The amount of recruitment commission that is paid out depends on how much the newly sponsored affiliate invests:
- Entrepreneur – $50 commission
- Presidential – $200 commission
- VIP – $1400 commission
Residual Commission Payout (Binary)
Global Trading Club also features residual commissions that are paid out through a binary compensation structure.
This type of structure puts a Global Trading Club affiliate at the top of a binary team that is split into two sides.
The first level of the binary team has two positions and the second level is made by adding another two positions under each of these initial two positions, for a total of 4 positions.
Levels are added in the same way as they are needed, which each new level holding twice as many positions as the level before it.
Binary team positions are filled through direct and indirect sponsorship.
Each affiliate package that can be purchased comes with a certain amount of points:
- Entrepreneur – 200 points
- Presidential – 1000 points
- VIP – 7000 points
At the close of every day, Global Trading Club counts up the new investment points on both sides of an affiliate’s binary team.
Once the points are counted, affiliates are paid 10% of the point balance that their weaker binary team has made.
- Entrepreneur affiliates can earn a maximum of $500 a day and
- Presidential and VIP affiliates can earn a maximum of $10,000 a day
Residual Commission Payout (Uni-level)
Global Trading Club also offers residual commissions through a uni-level compensation structure.
This structure puts a Global Trading Club affiliate at the top a uni-level team, with each personally sponsored affiliate placed right underneath on level 1.
When a level 1 affiliate brings in new affiliates, they are put on level 2 of the original affiliate’s uni-level team.
When a level 2 affiliate brings in new affiliates, they are put on level 3, etc.
Payable uni-level levels are capped by Global Trading Club at eighteen, and affiliates are paid $10 for every affiliate that is brought into their uni-level team.
Cost To Join Global Trading Club
The cost to join Global Trading Club as an affiliate varies as follows:
- Entrepreneur – $250
- Presidential – $1000
- VIP – $7000
Global Trading Club Review – The Verdict
When you get into tings called ROI’s, you have to be careful…
You have to find out if the company is generating these ROI’s externally and not from just people sponsoring other people in this system.
If new investments are paying off existing ones, then this my friend would be a ponzi scheme…
I didn’t personally find any evidence of external income sources creating those ROI’s anywhere…
The bigger red flag is we don’t know who actually owns this company…
So if things were to go wrong, who is there to blame?
How would YOU know not to join these people again?
You won’t right now and that’s done by design…
You see, once this company does go under, they will just prop another one in it’s place and start this process all over again.
I have seen this happen many many times before.
Anyway, I hope you enjoyed my Global Trading Club review and if you have any questions, leave them in the comments below…
Jesse What Do You Recommend?
If you already joined Global Trading Club, then this still applies to you because you should never put all your eggs in one basket…
After reviewing hundreds of companies and systems…
It’s the only system where you will learn step by step on how to build a business online with the right tools, trainings and one on one coaching to make sure you are on track.
Take a look at my recent results:
Better yet, take a look at my members results:
In other words, it works!
You will thank me later 🙂
Follow me on Social media below:
Add Me On SnapChat:
Snap Chat I.D: MillDrive
See you at the top,
P.S. Sign up for my news letter below and transform your life now (serious people only).