Tradera Review – Legit Travel MLM Biz Op or Big Scam?
Welcome to Tradera Review!
Are you looking for a new online business opportunity, but you aren’t sure where to start?
There are so many new companies popping up daily and it can be hard to know which ones are legit and which ones aren’t.
So, what can you do?
Find as much information as you can about the company you want to join before jumping in.
In my review, I will give you all the information you need about this company’s background, products, compensation plan, and cost to join.
Let’s get to it!
Tradera Review – The Company
To start, the Tradera website does not provide any information about who owns or operates the company.
The Tradera website domain was registered as “tradera.org” with a Texas P.O. Box address on the 22nd of August, 2019.
The “.org” domain is used because the Tradera name is already being used for a major ecommerce portal in Sweden.
The Tradera MLM opportunity and Tradera Sweden are not related in any way.
Tradera Reviews – The Products
Tradera offers a forex training subscription service.
Subscribers are given access to:
- An education platform
- Trade alerts
- Market forecasts
- Live sessions
- Fundamental analysis and
- Volunteer and corporate events
The client membership costs $99 every 28 days.
The Tradera Compensation Plan
Affiliates earn commissions on client subscription sales to retail customers and sponsored affiliates.
In order to qualify for commissions, affiliates must sell and maintain 3 client subscriptions.
Affiliates must maintain a subscription volume of 55% sourced from retail customers (non-affiliates).
Commissions are based on the following 9 ranks:
- Founder – Sell and maintain 3 client subscriptions and have at least 3 client subscriptions across your downline
- Knight – Maintain 3 personal referred client subscriptions and have at least 10 client subscriptions across your downline (split 4:4:2)
- Noble – Maintain 3 personal referred client subscriptions and have at least 25 client subscriptions across your downline (split 10:10:5)
- Bishop – Maintain 3 personal referred client subscriptions and have at least 75 client subscriptions across your downline (split 30:30:15)
- Duke/Duchess – Maintain 3 personal referred client subscriptions and have at 250 client subscriptions across your downline (split 100:100:50)
- Prince/Princess – Maintain 3 personal referred client subscriptions and have at least 500 client subscriptions across your downline (split 200:200:100)
- King/Queen – Maintain 3 personal referred client subscriptions and have at least 1000 client subscriptions across your downline (split 400:400:200)
- Emperor/Empress – Maintain 3 personal referred client subscriptions and have at least 2500 client subscriptions across your downline (split 1000:1000:500)
- Legend – Maintain 3 personal referred client subscriptions and have at least 5000 client subscriptions across your downline (split 2000:2000:1000)
The above split numbers are the minimum unilevel leg amounts.
For example, Kings and Queens are required to have a minimum 400/400/200 client subscription amount across 3 unilevel legs.
Weekly commissions are paid based on the above rank qualification criteria:
- Founders don’t receive a commission but do have their client subscription fee waived
- Knights receive $125 a week
- Nobles receive $250 a week
- Bishops receive $500 a week
- Dukes and Duchesses receive $1250 a week
- Princes and Princesses receive $2500 a week
- Kings and Queens receive $5000 a week
- Emperors and Empresses receive $12,500 a week
- Legends receive $25,000 a week
Cost to Join Tradera
The cost to join Tradera as an affiliate is $15 every 28 days.
It seems that the purchase of the $99 client subscription may be optional.
Affiliates ranked at Founder receive a free client subscription, but this offer expires when they rank up.
Okay, let’s get to the final verdict…
From what I gather, Tradera doesn’t perform any trading on behalf of its customers…
So, what exactly are you signing up for?
A lot of information, signals and forecasts.
The one problem I see with Tradera is the lack of disclosure.
There is no real indication of who is running the company or where it is being run from.
One upside is the 55% retail client subscription commission qualification…
This means that Tradera is trying to keep themselves compliant.
My recommendation here is to check it out for yourself.
If you understand signals and forecasts and how it all works, you might consider giving this one a go.
But as always, exercise caution with companies who aren’t completely forthcoming about who is running the show.
Thanks for reading Tradera review! Feel free to leave a comment or question down below…
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