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MultiTrade Global’s website contains no information on who owns or operates the firm.

MultiTrade Global appears to have at least two domain names: “multi-trade-global.cc” and “multitrade-global.org.”

The.ORG website was operational until quite recently. It returns the following maintenance message today:

The.CC website is still up and running however it is primarily in Russian.

In order to look respectable, MultiTrade Global offers the following information about its UK incorporation:

“Our company has been in business since 2015. Multitrade Global LTD, a legally recognized legal business in the United Kingdom with the number 13700888, is expected to be founded in 2021”.

That registration number refers to MultiTrade Global LTD, which was formed on October 25th, 2021.

An MLM firm based in or claiming to be based in the United Kingdom is a red flag.

In the United Kingdom, incorporation is dirt cheap and virtually uncontrolled. Furthermore, the United Kingdom’s leading financial regulator, the FCA, does not aggressively regulate MLM-related securities fraud.

As a result, the United Kingdom is a popular destination for fraudsters wishing to incorporate, run, and bogus market businesses.

Incorporation in the UK or registration with the FCA is irrelevant for MLM due diligence.

In contrast to the United Kingdom, it is clear that MultiTrade Global has links to Russia.

MultiTrade Global’s website has an “Alikassa” button in addition to Russian as a website language.

Alikassa is a payment processor based in Russia.

The official YouTube channel for MultiTrade is also rather obvious:

According to Alexa, Russia is the biggest traffic source to MultiTrade Global’s.CC website (33%), followed by Vietnam (18%) and Ukraine (7%). 

As always, if an MLM firm is not honest about who runs or controls it, consider twice before joining and turning over any money.

Products from MultiTrade Global

MultiTrade Global does not provide any retailable items or services.

Affiliates can only advertise MultiTrade Global affiliate membership.

Compensation Plan of MultiTrade Global

Affiliates of MultiTrade Global invest funds based on the prospect of advertised returns:

  • Standard – invest between $20 and $9900 and get 1.8 percent each day for 70 days;
  • Advanced – spend $10,000 to $24,500 to earn 2.4 percent every day for 70 days;
  • Professional – spend an additional $25,000 to $100,000 and collect 3% each day for 70 days.
  • It is worth noting that profits on second and subsequent investments are increased:
  • Standard – the second investment pays 2% per day, while the third and subsequent investments pay 2.35% per day;
  • The second investment pays 2.6 percent per day, while the third and subsequent investments pay 2.9 % each day;
  • Professional – the second investment yields 3.2 % per day, while the third and subsequent investments yield 3.5 % per day.

MultiTrade Global specifies the following extra qualification requirements for higher ROI rates:

Is the client a subscriber to the platform’s official accounts on social networks and does he submit evaluations about it?

However, it is unknown how strictly that is enforced.

MultiTrade Global’s MLM business is based on the recruitment of affiliate investors.

Commissions for Referrals

MultiTrade Global provides referral commissions on invested monies down three recruiting levels (unilevel):

  • level 1 (affiliates individually recruited) – 6%;
  • 2 % at level 2;
  • 1 % at level 3.

Referral commission rates are enhanced if a MultiTrade Global affiliate produces $100,000 in downline investment as follows:

  • Level 1 – 10%;
  • Level 2 – 3%;
  • Levels 3 and 4 – 1%.

Downline Investment Bonuses

MultiTrade Global compensates affiliates in the following ways for creating downline investment volume:

  • Earn $50 for every $5000 in downline investment volume you produce;
  • Earn $200 for generating $20,000 in downline investment volume;
  • Earn $500 for every $50,000 in downline investment volume you produce;
  • Earn $1000 plus the “possibility of connecting an extended affiliate program with additional interest” (higher ROI rates?) for $100,000 in downline investment volume;
  • Earn $2500 for generating $200,000 in downline investment volume;
  • Earn $6000 for generating $500,000 in downline investment volume.

Conclusion of MultiTrade Global

According to MultiTrade Global, they obtain external money through a “pre-made insurance fund that is restored after each good concluded trading day.”

I’m not familiar with the term “pre-formulated insurance fund.” Google doesn’t either.

It makes no difference since it does not exist. MultiTrade Global is a run-of-the-mill MLM Ponzi fraud.

MultiTrade Global presents no real evidence of external revenue-generating and claims to be legitimate on the basis of its basic UK incorporation.

Are the company’s operations legal?

The organization’s activities are entirely in compliance with UK legislation and all statutory financial standards.

As indicated at the beginning of this review, basic incorporation is meaningless. That also applies to countries other than the United Kingdom.

Meanwhile, Russian officials have already picked up on MultiTrade Global.

On February 10th, the Bank of Russia issued a warning on the MultiTrade Global pyramid fraud.

MultiTrade Global’s MLM program is essentially a pyramid scheme. The daily returns, on the other hand, are a Ponzi scheme.

MultiTrade Global will be able to pay out withdrawals under this approach until the invested monies are depleted.

When this occurs, MultiTrade Global fails, resulting in a loss for most participants.

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