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EcoTrade’s website reveals no information on who owns or operates the firm.

On April 1st, 2021, EcoTrade’s website domain (“ecotradeapp.com”) was privately registered.

As part of my study for Speed Finance Club, I came upon EcoTrade.

These Ponzi scams are conducted by the same group of people that are connected to the Tendencia Trading YouTube channel.

These con artists appear to be based in Brazil, the Dominican Republic, and Venezuela.

If an MLM company is not honest about who runs or controls it, consider twice before joining and/or turning over any money.

Products from EcoTrade

EcoTrade does not have any retailable items or services.

EcoTrade affiliates can only advertise EcoTrade affiliate membership.

The Compensation Plan of EcoTrade

EcoTrade affiliates buy in bitcoin to guarantee a daily ROI ranging from 0.1 % to 3 %.

Returns are paid until a threshold of 200 % is achieved, at which point reinvestment is necessary to continue earning.

It should be noted that EcoTrade charges a 10% withdrawal fee.

Commissions for Referrals 

EcoTrade has four uni-level team tiers where referral commissions are capped.

Referral commissions are given out as a proportion of invested monies at the following four levels:

  • Level 1 (personally recruited affiliates) – 6%; 
  • Level 2 – 4%; 
  • Level 3 – 3%; 
  • Level 4 – 2%.

Commissions for Referrals 

EcoTrade totals fresh investment volume on both sides of the binary team at the conclusion of each day.

Affiliates receive 5% of funds invested on their weaker binary team side.

When a payout is made, the investment volume is matched against the stronger side and flushed.

It should be noted that residual volume on the stronger binary team side is reset every six months.

Bonuses for Rank Achievement

EcoTrade offers the following Rank Achievement Bonuses to affiliates that generate downline investment volume:

  • Profit 1 – create $300 in investment volume on your weaker binary team side and $700 on your stronger side, attract two affiliates who invest, and earn a pin;
  • Take Profit 2 – earn $4200 in investment volume on your weaker binary team side and $9800 on your stronger side, recruit two Take Profit 1 ranking affiliates, and receive an additional pin;
  • Take Profit 3 – earn $12,600 in investment volume on your weaker binary team side and $29,400 on your stronger binary team side, recruit two Take Profit 2 ranking affiliates, and receive “an overseas trip”;
  • Take Profit 4 – make $24,000 in investment volume on your weaker binary team side and $56,000 on your stronger side, recruit two Take Profit 3 ranking affiliates, and earn a MacBook;
  • Take Profit 5 – earn $51,000 in investment volume on your weaker binary team side and $119,000 on your stronger side, recruit two Take Profit 4 ranking affiliates, and receive a “two-person foreign trip”;
  • Trader – earn $120,000 in investment volume on your weaker binary team side and $280,000 on your stronger side, hire one Take Profit 5 rated affiliate on your weaker side and two Take Profit 5 ranked affiliates on your stronger side, and receive a “Rolex and diamond ring”;
  • Professional Trader – produce $300,000 in investment volume on your weaker binary team side and $700,000 on your stronger binary team side, hire six Traders, and receive a Porsche Boxter;
  • Master Trader – generate $750,000 in investment volume on your weaker binary team side and $1,750,000 on your stronger side, recruit two Professional Trader ranked affiliates, and receive a Corvette C8;
  • EliteTrader – generate $1,800,000 in investment volume on your weaker binary team side and $4,200,000 on your stronger side, recruit two Master Traders on your weaker side and three Master Traders on your stronger side and receive a Mercedes-Benz.

The necessary investment volume appears to have been accumulated.

It should be noted that, unless otherwise indicated, recruited affiliates must be evenly distributed throughout both sides of the binary team.

Joining EcoTrade

EcoTrade affiliate membership is completely free.

Full participation in the associated earning potential necessitates an unspecified minimum bitcoin investment.

Conclusion 

EcoTrade is more developed than Speed Finance, but it is essentially the same 3 % a day Ponzi fraud.

There is a rumor that EcoTrade engages in trading to gain external money; however, this is a deception.

There is no proof that EcoTrade generates foreign revenue. Despite the fact that its administrator(s) has/have established two more Ponzi schemes.

As with other MLM Ponzi scams, if affiliate recruitment dries up, the fresh investment will dry up as well.

This will deprive EcoTrade of ROI revenue, eventually leading to its demise.

The mathematics behind Ponzi schemes ensures that the vast majority of participants lose money when they fail.

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