Bizz Trade Review- Legit Trading Company of Huge Scam?
Welcome to my BizzTrade Review!
This is the latest Forex MLM company and I decided to do a third-party review that was just launched.
Unlike most BizzTrade reviews out there, this one is completely unbiased so I don't have any agenda to get you to join.
I am going to just you how it is...
So does the BizzTrade scam actually exist?
Well, pay close attention to this video and watch it to the end because I am going to walk you through the company, the BizzTrade products, and the BizzTrade compensation plan.
Remember to pay close attention to this video because I will be going through everything about this Forex MLM company.
WHY BizzTrade?
While there are countless opportunities in the market today, people struggle to find
one platform that nearly as transparent, simple and sustainable.
Our Educational Tools are aimed at delivering specific information and training to help you improve your financial position. The fluidity of knowledge transfer and its
affordability is at the heart of our program.
This platform provides you boundless prospect of interpersonal development along
with the opportunity to work with experienced as well as ambitious entrepreneurs,
from across the globe.
BizzTrade has an immensely experienced and forward-thinking leadership that understands the gap in the market faced by budding entrepreneurs. We build systems that are profitable to the consumers today yet relevant and rewarding in the future.
Company Offices:
COMPANY STARTED ON : 23RD MARCH 2019
HEAD OFFICE:: PHEONIX HOUSE, MONAHAN ROAD, CORK, CO.CORK, T12 H1XY,
REPUBLIC OF IRELAND [RN::636481]
OPERATIONAL OFFICE::
FORT DUNLOP,FORT PARKWAY, BIRMINGHAM,B249FD, WEST MIDLANDS OF UNITED KINGDOM [RN::11577795]
USA OFFICE:: VENTURE X, SUTITES5301 ALPHA RD, SUITE 80 DALLAS, TX 75240,
UNITED STATES [RN::803281871]
CORPORATE TEAM::
BizzTrade business plans::
The company is based out of the UK and its business model combined pyramid recruitment
with an irrelevant eCommerce platform.
Here’s how it went:
Now BizzTrek is back with a new name and business model; BizzTrade.
BizzTrade affiliate membership provides access to “forex education”.
BizzTrade’s Compensation Plan::
BizzTrade affiliates invest €50 to €10,000 EUR
on the promise of advertised returns.
Starter – invest €50 EUR and receive up to 0.4% a day
Pro Starter – invest €100 EUR and receive up to 0.4% a day
Business – invest €500 EUR and receive up to 0.6% a day
Pro Business – invest €1000 EUR and receive up to 0.6% a day
Trader – invest €5000 EUR and receive up to 0.8% a day
Pro Trader – invest €10,000 EUR and receive up to 0.8% a day
Returns are paid up till 400%, after which reinvestment is required to continue to earn
COMPENSATION PLAN::
1.Direct Bonus
2.Team bonus
3.Matching bonus
4.Renewal Bonus
5.Corporate Recognition & Awards
1.Direct Bonus
BizzTrade affiliates receive 10% of funds invested by personally recruited affiliates.
2.Team Bonus
BizzTrade pays residual commissions via a binary compensation structure.A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates.
Note there is no limit to how deep a binary team can grow.
BizzTrade tallies up new investment volume on both sides of the binary team.
Affiliates are paid 8% to 10% of funds invested on their weaker binary team side.
Starter and Pro Starter tier affiliates earn an 8% residual commission rate
Business and Pro Business tier affiliates earn a 9% residual commission rate
Trader and Pro Trader tier affiliates earn a 10% residual commission rate
Once funds are paid out on they are matched on the stronger binary team side and flushed.
Any leftover volume on the stronger binary team side is carried over.Note that BizzTrade don’t specify whether residual commissions are paid daily or weekly.
Matching Bonus
BizzTrade pays a Matching Bonus on residual commissions earned by downline affiliates.The Matching Bonus is paid out down two levels of recruitment as follows:
10% match on level 1 (personally recruited affiliates)
5% match on level 2
Note that only Trader and Pro Trader tier affiliates qualify for the Matching Bonus.
Rank Achievement Bonuses
BizzTrade rewards affiliates for generating investment volume with Rank Achievement Bonuses.
BizzTrade affiliate ranks are based on point acquisition.
For each €50 EUR in investment volume matched on both sides of the binary team, BizzTrade affiliates receive 1 point.
For the purpose of rank qualification, points appear to be accumulative.
Regional Director – generate 900 points and receive a “luxury international holiday”
Special Offer – generate 2000 points and receive a “Honda car or equivalent”
Regional President – generate 9000 points and receive a “BMW car or equivalent”
Executive President – generate 21,000 points and receive a “Porsche car or equivalent”
Joining BizzTrade
BizzTrade affiliate membership is €10 EUR plus a €50 to €10,000 EUR investment.
The more a BizzTrade affiliate invests the higher their income potential.
The more a BizzTrade affiliate invests the higher their income potential.
BizzTrade sees BizzTrek offer up a 400% ROI passive investment opportunity. The company represents returns are generated via forex trading.
The above FCA registration number corresponds with Infinox Capital Limited. Which is great for them, but has nothing to do with BizzTrade’s passive investment opportunity. With respect to MLM regulation, passive investment opportunities constitute securities offerings. This requires any MLM company offering a passive investment opportunity to register with financial regulators. Neither BizzTrek or BizzTrade are registered to offer securities in the UK or anywhere else in the world. This means that irrespective of anything else, BizzTrade is operating illegally. One important aspect of regulatory registration is the requirement that an MLM company provide evidence it is doing what it says it’s doing. In this case; paying affiliate returns with actual trading revenue. Oh and some virtual shares nonsense offering:
The only reason an MLM company would forgo regulatory filings and instead opt to operate illegally is if they aren’t doing what they represent they’re doing. As it stands the only verifiable source of revenue entering BizzTrade is new investment.
