BixoTrade Review By Non-Affiliate
Welcome to my BixoTrade Review!
There has been some buzz about this cryptocurrency MLM company that is promising some big and guaranteed returns.
Chances are an affiliate approached you about their passive income opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plans so you can make an informative decision.
Just PAY close attention and read this to the end…
What Is BixoTrade
Bixotrade is a cryptocurrency forex trading platform that allows people to invest in digital currencies and earn daily returns.
BixoTrade is run by CEO Benjamin Gimson who apparently has been trading in Forex successfully since 2010.
When looking at time-lines, he is 27 now and that was 11 years ago…
So he was trading since 16?
When it comes to digital footprints, he does have his own website that is branded to this name gimsonben.com which isn’t old…
Looks like that domain was registered on March 18th, 2020 and then updated on May 17th, 2020.
His Facebook profile is brand new as well with no posts so far…
That’s bit of a red flag because that’s not normal…
Other people on the management team is:
- Sophia Clare
- Austin Blake
- Steven Lowell
I couldn’t find the above people outside the company…
They do have three different incorporations for the UK, USA and Hong Kong which is cool and all but doesn’t really say anything when it comes to financial regulators…
It’s just an incorporation…
Let’s take a look at the products next…
BixoTrade overs there trading services to investors and leverage four trading strategies:
- Arbitrage Trading
- Day Trading
- CFD Trading
They way they use these strategies is through their Bixo Bots that apparently self-learn algorithms for the best performance.
The red flag I see is when I looked at the Bixo Trade Advantages:
- Guaranteed Returns
- No risk of loosing capital
- High leverage and no commissions
- No international boundaries
- Low Initial Deposit
The first TWO really concern me because I know there is AWAYS a risk in trading and nothing is guaranteed….
Bixo Trade has you invest in one of three packages that guarantee a return.
- Package 1 – Invest $100 to $4,999 and receive up to 1.5% daily for 200 days (Capped $3000 with 400% return)
- Package 2 – Invest $5000 to $24,999 and receive up to 1.75% daily for 200 days (Capped $6000 with 450% return)
- Package 3 – Invest $25,000 to $99,999 and receive up to 2% daily for 200 days (Capped $12000 with 500% return)
I used their profit calculator and put in $99,999 to see what kind of returns I would get…
Over 200 days, I would make $1999.98 and would earn $399,996.00 which is pretty insane…
This is VERY aggressive and even Warren Buffet can’t pull those kind of numbers…
BixoTrade Compensation Plan
BixTrade program highlights showed that you can earn 3% to 15% in direct commissions.
On top of that you can earn 10% in the binary compensation plan and another 10% through Bixo Reload.
These percentages are based on what your referrals invested.
The commission rate depends on your “member status” below…
- Active – 3%
- Silver – 1 to 5 sponsored affiliates, earn 8% commissions
- Gold – 6 to 25 sponsored affiliates, earn 10% commissions
- Diamond – 26 to 75 sponsored affiliates with a minimum of $250,000 invested in total, earn 12% commissions
- Platinum – Over 75 sponsored affiliates with a minimum of $500,000 invested in total, earn 15% commissions
You can earn 10% on the weaker leg daily and any left over volume is carried over to the next paying day.
Now before we keep going….
If you want to learn how to actually make money online with training and systems
Cost To Joining BixoTrade
There is no cost to becoming an affiliate, but in order to be part of the passive income opportunity, you must invest in package 1 which starts at $100.
Unlike all the other BixoTrade reviews out there I am going to tell you the truth next…
BixoTrade Scam or Legit?
Does the BixoTrade scam exist?
Well let’s look at the facts…
It looks like their leadership team doesn’t exist outside of the company which is a huge red flag…
They claim to be offering trading services where they have their special bixo bot that does the heavy lifting for you but couldn’t find any proof of this…
Also when you think about the returns they are producing it just doesn’t make any sense.
No company in the WORLD can promise a guaranteed return…
In the trading world, there will be up’s and down.
Also if I drop in $99,999, I would make $399,996 by the 200th day…
Does that sound legit to you?
If any company legally had that ability they wouldn’t need a compensation plan or affiliates.
They would just need a handful of wealthy investors and make a killing.
Bixo Trade is nothing more than a ponzi scheme…
You wonder why they have just incorporation papers in the USA, UK and Hong Kong but no registration with any of their financial regulators.
I double checked anyway to see if there was a registration with the FCA and SEC and there was none…
BixoTrade Review / Recommendation
If you landed on this blog, you want to actually know how to make money online right?
I know this world in this space is plagued with scams and it’s my duty to help people to see the truth behind the legit VS scams.
If you are sick and tired of jumping opportunity to opportunity just find out it was a scam and want to build something real for the long haul…
This is the EXACT methods that top earners in these companies leverage to get a TON of referrals on demand…
Unfortunately, a lot of people use these strategies for promoting crappy scams instead of giving their members that provides value.
I am going to teach you THERE skills so you can put a better impact in the world instead of promoting scam after scam.
All you have to do is promise me you will use what I am going to teach you for good…
Once you are trained up, you will NEVER have to trade your time for money again and finally have the time freedom to spend it with your loved ones.
That was my goal at least when I first got started seven years ago and it was the best decision of my life…
If you want to start crushing it like me, partner up with me below:
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See you at the top,
P.S. If you are tired of failing ANY business, click here and check this out to take your game to the next level.