Speed Feeder Review – Legit Company or Big Scam? Find Out Here…
Welcome to my Speed Feeder Review!
With so many new MLM companies launching daily, it can be difficult to know which ones are legit and which ones aren’t.
So how can you be sure you are making the right choice?
Reading reviews of new companies is one of the best ways to gather all the information you need to make an informed decision.
My review will cover the company, the products and the compensation plan.
Read on to learn more about Speed Feeder!
Speed Feeder Review – The Company
When I visited the Speed Feeder website with a referral link I found, I was greeted with a message from an individual named Clay Montgomery.
This name lines up with the Speed Feeder website domain, which was registered by Montgomery on the 4th of August, 2016.
The original Exitus Network launched in 2014 as a $12,000.
After it collapsed Exitus Network was rebooted as Exitus Elite in mid 2016.
Digital Altitude is a very profitable TOP TIER program that many people are having success with…
Other MLM opportunities Montgomery has signed up for include Empower Network and the collapsed My Advertising Pays and Infinity2Global Ponzi schemes.
Maybe Clay just wanted to do his own thing I guess…
Speed Feeder Reviews – The Products
Speed Feeder does not offer any retail products or services.
Affiliates who join Speed Feeder are only able to market and sell the affiliate membership.
Once an affiliates signs up, they can purchase matrix cycler positions in order to participate in the compensation plan.
Each cycler position purchase includes access to an internet marketing training library
The Speed Feeder Compensation Plan
Affiliates who wish to participate in the Speed Feeder compensation plan are required to buy positions in a 2×2 matrix three-tier cycler.
This type of matrix puts an affiliate at the top of a matrix that has 2 positions right under them.
These first 2 positions make up the first level of the matrix and the second level is made by adding another 2 positions under each of the first two, for a total of 4 positions.
The 6 matrix positions are filled through direct and indirect sponsorship of new affiliates.
When all the matrix positions are filled, a “cycle” occurs and commission is paid out.
The amount of commission that is paid out depends on what tier of the cycler a position cycles out of:
- Stage 1 Matrix (positions cost $100) – no commission and cycles into Stage 2
- Stage 2 Matrix – $100 commission, generates a new Stage 1 position and cycles into Stage 3
- Stage 3 Matrix – $1850 commission and generates a new Stage 1 position
Affiliates can earn a 100% referral commission when personally sponsored affiliates cycle out of Stages 2 and 3, paying $100 and $1850.
Cost To Join Speed Feeder
The cost to join Speed Feeder as an affiliate is the purchase of at least one $100 matrix cycler position.
The moment you have been waiting for in this Speed Feeder review…
Verdict On Speed Feeder
Over Speed Feeder doesn’t have any retail products or services so that’s the main concern here…
Yes you do get some kind of internet marketing training, but not sure what kind of quality that is…
I won’t judge that as I haven’t actually go through the training.
Another thing is it focuses on filling the matrix instead of the products which can be an issue specially long term…
You see, once recruitment slows down so will the commissions and because there is nothing really keeping these members there, it will most likely go under…
Only time will tell to be honest…
End of the day, it’s your decision to join or not 🙂
I hope you enjoyed my Speed Feeder review and if you have any questions, leave them in the comments
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