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There is no information on who owns Sytrex Trade or whose top executives are available on the company’s website.

On June 15th, 2022, Sytrex Trade’s website domain (sytrextrade.com) was registered privately.

Sytrex Trade publishes incorporation details for “Bitt-X Limited” on its website in an attempt to look official.

Bitt-X Limited was established in 2018 and is based in the United Kingdom. In July of this year, the shell corporation was abolished.

If Bitt-X Limited has any connection to Sytrex Trade, an MLM firm that claims to be based in the United Kingdom is a red flag.

It’s very cheap and almost uncontrolled to form a company in the UK. Even the UK’s top financial regulator the FCA does not aggressively oversee securities fraud connected to multilevel marketing (MLM).

Consequently, the UK is a popular location for fraudsters to set up, run, and advertise fraudulent businesses.

For MLM due-diligence purposes, incorporation in the United Kingdom or FCA registration is of no significance.

Sytrex Trade, a company that has only been around for a little over two months, fraudulently claims on its website that it was “established in 2015.”

Sytrex’s homepage features an integrated “investing.com” plugin chart. Charts using Russian as their default language may be found by right-clicking on the chart:

This indicates that Sytrex Trade’s benefactors have Russian links and/or are from Russia.

Don’t join or send over any money to an MLM firm unless they are completely transparent about who owns and runs it.

Sytrex Trade’s offerings

We don’t have any products or services that can be sold.

Only the Sytrex Trade affiliate membership can be promoted by affiliates.

As part of its compensation plan, Sytrex Trade

Affiliates of Sytrex Trade spend money with the hope of making a profit as promised.

Invest between $50 and $1000 and get 125% back in 7 days with the Starter Plan.

Simplest Strategy: Make an initial investment of $1,000 to $10,000 and earn 150% interest over the next seven days.

Invest $10,000 to $25,000 and get 75% back in 7 days with the Pro Plan.

Investments of $25,001 or more qualify for the Executive Plan, which pays 200% after seven days.

Down two stages of recruiting, Sytrex provides referral commissions on invested funds:

10% for level 1 affiliates, 6% for level 2, and so on.

second tier – 10%

Sytrex Trade Membership

Membership in the Sytrex Trade affiliate program is completely free.

The connected income potential requires a minimum commitment of $50 to be fully realized.

In addition to Perfect Money, Sytrex Trade accepts numerous cryptocurrencies for investment.

Final Thoughts on the Sytrex Deal

Sytrex Trade claims to be able to produce income from the foreign exchange market.

While this form of investment has the potential to be extremely risky, our team’s professionals have devised a unique approach to playing the stock market that ensures that all of our partners will earn from their investments.

Sytrex Trade does not appear to be active in any way. There is no proof that any money from outside sources is utilized to pay for withdrawal requests.

Furthermore, the business model of Sytrex Trade lacks the logic of a Ponzi scheme.

Access to someone who can generate a 200% return on investment every seven days isn’t something they’re going to give you for free. You can’t get access to it for free.

To become the wealthiest person on the earth, someone who can genuinely generate 200% per week would invest, reinvest, and do so every week.

Sytrex Trade’s only source of provable revenue is new investment.

Sytrex Trade is a Ponzi scam since it relies on new investors to pay its investors’ returns.

In all MLM Ponzi schemes, affiliate recruitment and fresh investment will dry up after the plan runs its course.

Sytrex Trade will be deprived of ROI revenue as a result, leading to its eventual demise.

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

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