Millionaires Business Club Review – Legit Opportunity or Another Scam?
Welcome to my Millionaires Business Club Review!
There has been some buzz circulating the internet about this company lately, so I decided to check it out for myself.
With so many MLM companies popping up, it can be hard to know which ones are legit and which ones aren’t…
Which is why you are here!
You want to learn more about this company so you can decide for yourself if you should sign up.
My review will cover the company background, the products and the compensation plan.
Let’s dig in!
Millionaires Business Club Review – The Company
I couldn’t find any concrete information on the company website in regards to who owns or operates Millionaires Business Club.
I did find out that the Millionaires Business Club website domain was first registered as “millionairesbclub.com” on the 8th of December, 2014, and then updated on the 6th of January 26th, 2016.
There is also a PO Box address in Dubai that is listed on the Millionaires Business Club website.
I also came across several un-captioned photos of men in middle-eastern style clothing on the Millionaires Business Club website, with some of these individuals standing in front of the Millionaires Business Club logo.
Online estimates show that Bangladesh is the largest traffic source to the Millionaires Business Club website.
This likely means that the individual(s) who is running the company is probably based out of Bangladesh.
Millionaires Business Club Reviews – The Products
Millionaires Business Club does not have any retail products or services to offer.
Affiliates who join Millionaires Business Club can only market and sell the affiliate membership.
The Millionaires Business Club Compensation Plan
Affiliates who want to take part in the Millionaires Business Club compensation plan must invest between $30 and $7500 for a monthly ROI.
There are residual commissions available on invested funds, which are paid out through a binary compensation structure.
Affiliates can earn a monthly ROI based on how much they invest:
- Ad Plan – Invest $30 and receive $5 a month
- Silver Trade – Invest $90 and receive $15 a month
- Oil Trade – Invest $270 and receive $45 a month
- Shipping Trade – Invest $810 and receive $135 a month
- Gold Trade – Invest $2400 and receive $400 a month
- Forex Trade – Invest $7500 and receive $1250 a month
Affiliates who earn residual commissions receive payments through a binary compensation structure.
This type of compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
The first level of the binary team holds 2 positions and the second level holds 4 positions.
Additional binary team levels are added as they are needed, with each new level holding twice as many positions as the level above it.
Binary team positions are filled through direct and indirect sponsorship of new affiliates.
There are currently no restrictions as to how deep a binary team can grow.
Each investment package within Millionaires Business Club correlates with a fixed number of binary points:
- Ad Plan ($30) – 20 points
- Silver Trade ($90) – 60 points
- Oil Trade ($270) – 180 points
- Shipping Trade ($810) – 540 points
- Gold Trade ($2400) – 1600 points
- Forex Trade ($7500) – 5000 points
New investment volume is added up on both sides of the binary team every day.
Affiliates are paid on matched points, which is based on these specific amounts:
- 20 points matched = $2
- 60 points matched = $6
- 180 points matched = $18
- 540 points matched = $54
- 1600 points matched = $160
- 5000 points matched = $500
Any unmatched points that are left over are matched to new volume that is generated the next day.
There are daily binary commission limits, which are based on how much an affiliate has invested:
- Ad Plan – $54
- Silver Trade – $160
- Oil Trade and higher – $500
Cost To Join Millionaires Business Club
The cost to join Millionaires Business Club as an affiliate is free, but affiliates are required to invest at least $30 in order to participate in the compensation plan.
Income potential in the Millionaires Business Club increases as the affiliate invests more.
Verdict on Millionaires Business Club
Another business with no real products or services…
Not to mention, we don’t even know who runs it!
Just recruitment, points and commissions based on how many people you can bring into the company…
This business format work great for those who get in early…
But the more people join…the smaller the recruitment pool will get…
And once the recruitment slows down…so will the commissions…
This business is set up to be short term, so if you do choose to join, just keep that in mind…
I hope you enjoyed my Millionaires Business Club review, and if you have any questions, just leave them in the comments below…
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