Tradeco Global Review – Legit Biz Op or Big Scam? Find Out Here…
Welcome to my Tradeco Global Review!
Someone I know that’s interested in getting started in an online business asked me some questions about this company, and the more they asked, the more I wanted to review this company…
It’s still a new company and there isn’t a lot of information readily available about it out there, so I saw this as an excellent opportunity to research it myself and share my discoveries with you…
Maybe someone has already approached you about it or maybe someone reached out over social media, and now you want to know more too!
You might have some questions, maybe even some like these…
- If you’re new to MLM, can you jump right in and get started?
- Can the profit growth presented really be achieved with this company?
- And is this even a legitimate business?
Good news! I am going to put any rumors you might have heard to rest!
And in my review, I’ll go over the company’s history, their products and their compensation plan, so you can make the right decision for you and your hard-earned money.
Let’s get right into it!!
Tradeco Global Review – The Company
When you visit the company website, you may notice that there is no info posted about the owners or operators of the business.
After some digging online, I was able to find that the Tradeco Global website domain was registered privately as “tradecoglobal.com” on the 23rd of March in 2018.
Tradeco Global Reviews – The Products
Tradeco Global doesn’t have any products or services for affiliates to purchase or sell.
But anyone wanting to sign up as an affiliate with Tradeco Global can market the company affiliate membership.
The Tradeco Global Compensation Plan
Affiliates looking to take part in the company compensation plan are required to sign up and invest into the company.
Company affiliates are to invest capital in bitcoin with the agreement of a promoted ROI rate of 211.5% per a 261-days period:
- Basic – 0.1 BTC
- Starter – 0.3 BTC
- Advance – 0.5 BTC
- Elite – 1 BTC
- Ultra – 2 BTC
- Premium – 3 BTC
- Mega – 5 BTC
NOTE: For withdrawals on any ROI and commissions, the company charges a fee of 8%.
There is a 10% referral commission that affiliates can earn on funds invested by those personally sponsored affiliates that join the business.
The company uses a binary compensation model to pay residual commissions through to its affiliates.
The binary compensation model puts an affiliate onto the top of a binary team, where the next level is divided into a left and right side.
The 1st level of a binary team will hold two positions and the 2nd level of the binary team is made by dividing the first two positions into a further two positions each, creating 4 positions in total on level 2.
Any future levels of the binary team are made as needed, and each new level will hold 2X as many positions as the level before it.
The binary team positions are filled through direct and indirect sponsorship of new affiliates.
NOTE: The company does not limit the growth of how deep a binary team may grow to.
The end of everyday marks the time when the company will add up the new investment volume accumulated per the left and right side of the binary team model.
Company affiliates will earn a commission on matched volume at a rate of 5%.
The matched volume will then be cleared, and any leftover volume amount accumulated from the stronger binary side of the team is allowed to be carried over by that side.
Rank Achievement Bonus
The company offers the following Rank Achievement Bonuses as a reward for affiliates who meet the following criteria:
- Team Leader – Convince others to invest 50 BTC and receive $5000
- Executive – Convince others to invest 150 BTC, have one Team Leader on both sides of the binary team and receive $15,000
- Supervisor – Convince others to invest 300 BTC, personally sponsor one Executive ranked affiliate and receive $30,000
- Manager – Convince others to invest 500 BTC, personally sponsor one Manager ranked affiliate and receive $50,000 and an “international family vacation”
NOTE: Rank Achievement Bonuses are a one-time only bonus for ranks achieved by an affiliate listed above.
Cost To Join Tradeco Global
The cost to join Tradeco Global as an affiliate with a membership will include an investment of 0.1 to 5 BTC.
Verdict of Tradeco Global
Terrific! You’ve made it to the end of my review, and here is where I like to give you my final verdict, and to start off, I do not think this company is 100% legit…
I don’t know about you, but I’m not sure if this quote makes you more or less confident in the company (but for me it’s a bit less):
“WE ARE DAMN EXPERT!
Tradeco Global is a perfect amalgamation of experience, skill and technology.
We have made our system such fool proof that even in a bearish trend in market we make profit through short term day-trades and there’s a constant up gradation in the system in terms of technology and data which helps us make our trading more efficient and profitable.”
There is a residential address provided which is located in the UK, but from this quote it’s kind of obvious that the operators of the company are from a non-English speaking country (due to the broken English).
So, it’s very possible that the company is being operated out of the UK, but it could also be anywhere else in Europe or Asia.
Getting back to the business opportunity presented here, the company says they are able to achieve ROI revenue by trading cryptocurrency.
The company also claims to have been established in 2014, but the website domain was only launched in March of 2018, and it was only on the 1st of May that it looks like operations got started:
“From 2014 we have started trading slowly we grew bigger and bigger with more members joining us every day.
Constant growth – We never lack in making money, we have given consistency to our clients so far.
Always win – We never lose money.”
There is no proof of the company generating any revenue by trading anything…
And the nameless owners of the company claim they have been doing this since 2014…
Well, if they have been achieving the numbers they are claiming since 2014, they could’ve retired to somewhere pretty nice by now, instead of pushing along and asking for money from people on the internet.
Really, this company is not being very truthful, so much so that the business opportunity quickly comes off as a scam.
The only real source of money that is verifiable is the money coming in from new affiliate investment.
If the company is using new investments to pay the existing affiliates their owed ROI at 211%, this would make the company a Ponzi scam…
And with all Ponzi scams, when affiliate sponsorship slows or dies off, so will the reserve funds the company has saved up from new affiliate investments.
This is when the owners will no longer be able to payout owed ROIs because new affiliates stopped handing over money to the company…
The company owners will most likely keep the money they’ve made and take off.
My advice? Be careful with this company as you are likely to lose your investment…
I hope you enjoyed my Tradeco Global review and if you have any questions, please leave them in the comments below…
My #1 Recommendation
If you are struggling online and want to finally succeed with actual training, tools and mentorship to get you there…
The best part is you don’t have to recruit a single person which is insane 🙂
Plus there is a refund guarantee, so there is no risk.
Test it out for yourself below…
You will thank me later 🙂
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