Welcome to my FCML review!
This is another cryptocurrency MLM to pop up and I decided to take a look to see what it was about.
Chances are someone approached you about their cryptocurrency 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 plan so you can make the right decision.
Just PAY close attention and read this to the end…
FCML Review (Company)
FCML for some reason has no information on who runs or owns the company.
If you check out the domain registration on “fcml.ltd” you will find out it was privately registered on February 18th, 2020.
To look more legit, FCML gives you a UK incorporation number that has “Forex Capital Marketing Limited” as the owner.
Forex Capital Markets limited was incorporated back in September 2000.
But not sure if it has anything to do with FCML due to lack of information.
Just so you know UK incorporation’s are unregulated and can be bought for dirt cheap.
Their “about us” statement is a bit strange…
FCML LTD trading is a community of several people united by the love of mankind, wealth building, excitement and money.
When I copy and pasted “community of several people united by the love of mindkind”, Bit Xchange, International Relieve Trade Group and Oduwin Coin pops up.
So they share that same copy…
Bit Xchange looks to be a 1:1 clone of FCML.
Their website was registered August of 2019.
According to traffic stats from Alexa, looks like Bit Xchange went under already…
Now International Relieve Trade Group advertises monthly returns up to 75%, however, it’s a ponzi scheme…
Oduwa Coin is another pump and dump altcoin MLM that launched last year.
Kind of like Bitconnect I guess.
OWC coin was pumped up to $1.30 when it went public on February 2019 but now is worth 14 cents…
Bit Xchange is definitely linked to FCML because it’s an exact copy business model.
However, Relieve Trade Group and Oduwa Coin I can’t tell…
Way too many red flags already but let’s keep going…
When it comes to retail products or services that can be purchased by customers, there is nothing going on here.
All you can do is become an affiliate and promote their affiliate membership.
FCML Compensation Plan
FCML affiliate invest funds on a promise they will get a guaranteed return.
- Basic – invest $50 to $199 and receive 3% a day for 100 days
- Standard – invest $200 to $499 and receive 5% a day for 100 days
- Premium – invest $500 to $1999 and receive 6% a day for 100 days
- Gold – invest $2000 to $4999 and receive 8% a day for 100 days
- Diamond – invest $5000 to $6900 and receive 10% a day for 100 days
- Bonus – invest $7000 to $200,000 and receive 13% a day for 100 days
All referral commissions are paid through a unilevel compensation plan structure.
FCML caps their unievel at eight levels deep.
You can earn a percentage on the invested funds by your downline members on these eight levels:
- Level 1 (personally sponsored affiliates) – 8%
- Level 2 – 5%
- Level 3 – 4%
- Level 4 – 3%
- Level 5 – 2%
- Level 6 to 8 – 1%
Cost To Join FCML
FCML is free to join.
If you want to be part of the investment opportunity you have to drop at least $50…
Now unlike all the other FCML reviews out there I am going to keep it real with you…
Pay close attention…
So does the FCML scam exist?
The company claims to generate it’s external revenue through trading.
Our experience in trading Forex and commodities is very decent and cryptocurrency-related.
What gets me is “commodities are very decent and cryptocurrency-related”.
What does that even mean?
End of the day there is no proof of any trading or ANY external income coming into the company to produce these returns.
Plus, think about it logically…
If anyone figured out a way to make 13% per day, why would they need a compensation plan or affiliates?
The truth is newly invested funds are paying off existing members to produce these ROI’s.
So all the income is internal from affiliates…
Which makes this company nothing more than a ponzi scheme.
But what do you expect anyway?
Owner(s) are not transparent about themselves and they have no retail products.
This was completely setup so these anonymous owner(s) can make a quick buck and scam everyone else in the process.
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