On its website, OmegaPro Forex says nothing about who owns or runs the business.
The domain name for OmegaPro Forex’s website, “omegaproforex.com,” was registered privately on February 8, 2021.
OmegaPro Forex says it is registered as OmegaPro LTD in the UK to make it look like a real business.
A red flag is an MLM company that is based in the UK or says it is.
In the UK, forming a company is very cheap and isn’t really regulated at all. On top of that, the FCA, which is the UK’s top financial regulator, doesn’t do much to stop securities fraud related to MLMs.
Because of this, the UK is a popular place for scammers to start, run, and promote fake businesses.
Incorporation in the UK or registration with the FCA don’t mean anything when it comes to MLM due diligence.
If an MLM company isn’t clear about who owns or runs it, you should always think twice before joining or giving them any money.
The Products of OmegaPro Forex OmegaPro Forex has no products or services that can be sold.
Affiliates can only sell membership in OmegaPro as an affiliate.
The Pay Plan for OmegaPro Forex Affiliates of OmegaPro Forex invest between $50 and $250,000 based on the promise of returns.
2% a day for 40 days (180%); or 145% after 20 days. Referral Commissions: With a unilevel compensation structure, OmegaPro Forex pays referral commissions on funds invested.
With a unilevel compensation structure, an affiliate is at the top of a unilevel team, and every other affiliate they personally recruit is right under them (level 1):
If an affiliate on level 1 brings in new affiliates, those new affiliates join the original affiliate’s unilevel team on level 2.
If any level 2 affiliates bring in new affiliates, they move to level 3, and so on until there are no more levels to go down.
Standard referral commissions can only go down three unilevel team levels with OmegaPro Forex.
Standard referral commissions are paid as a percentage of the money invested at each of the following three levels:
level 1 (affiliates you recruited yourself): 7% level 2 – 3% level 3 – 1% Affiliates of OmegaPro Forex who qualify as Representatives can earn commissions on four team levels:
level 1 – 10% level 2 – 4% level 3 – 2% level 4 – 1% Note that OmegaPro Forex does not list qualifications for Representatives.
When you join OmegaPro Forex There is no cost to become an OmegaPro Forex affiliate.
To fully take part in the attached income opportunity, you must invest at least $50.
Through Payeer and Perfect Money, OmegaPro Forex asks for money in dogecoin, bitcoin, litecoin, and USD.
The End of OmegaPro Forex Even though it has “Forex” in its name, OmegaPro Forex says it makes money from “crypto trading.”
Our company was able to finish all of the tasks it was given and create algorithms for how to act successfully in any situation.
With the help of unique ways of doing business and the well-coordinated work of all of our employees, we have increased our income many times in a short amount of time, as shown by the fact that more than 85% of our transactions are positive.
There is no evidence that OmegaPro Forex is involved in trading. There is also no proof that OmegaPro Forex uses any outside money to pay affiliate withdrawals.
Even so, anyone who could make 2% a day in a legal way would keep it to themselves.
At the moment, the only source of income that can be checked into OmegaPro Forex is new investments.
OmegaPro Forex is a Ponzi scheme because it uses new money to pay back old money.
As with all MLM Ponzi schemes, new money will stop coming in once affiliate recruitment stops.
This will stop OmegaPro Forex from getting ROI money, which will eventually cause it to fail.
The math behind Ponzi schemes makes it clear that most people will lose money when they fail.
Update: March 30, 2022: OmegaPro forex has gone out of business.
I don’t know when, but the company’s website has been taken down and the domain has been parked.
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On its website, OmegaPro Forex says nothing about who owns or runs the business.
The domain name for OmegaPro Forex’s website, “omegaproforex.com,” was registered privately on February 8, 2021.
OmegaPro Forex says it is registered as OmegaPro LTD in the UK to make it look like a real business.
A red flag is an MLM company that is based in the UK or says it is.
In the UK, forming a company is very cheap and isn’t really regulated at all. On top of that, the FCA, which is the UK’s top financial regulator, doesn’t do much to stop securities fraud related to MLMs.
Because of this, the UK is a popular place for scammers to start, run, and promote fake businesses.
Incorporation in the UK or registration with the FCA don’t mean anything when it comes to MLM due diligence.
If an MLM company isn’t clear about who owns or runs it, you should always think twice before joining or giving them any money.
The Products of OmegaPro Forex
OmegaPro Forex has no products or services that can be sold.
Affiliates can only sell membership in OmegaPro as an affiliate.
The Pay Plan for OmegaPro Forex
Affiliates of OmegaPro Forex invest between $50 and $250,000 based on the promise of returns.
2% a day for 40 days (180%); or 145% after 20 days.
Referral Commissions: With a unilevel compensation structure, OmegaPro Forex pays referral commissions on funds invested.
With a unilevel compensation structure, an affiliate is at the top of a unilevel team, and every other affiliate they personally recruit is right under them (level 1):
If an affiliate on level 1 brings in new affiliates, those new affiliates join the original affiliate’s unilevel team on level 2.
If any level 2 affiliates bring in new affiliates, they move to level 3, and so on until there are no more levels to go down.
Standard referral commissions can only go down three unilevel team levels with OmegaPro Forex.
Standard referral commissions are paid as a percentage of the money invested at each of the following three levels:
level 1 (affiliates you recruited yourself): 7%
level 2 – 3% level 3 – 1%
Affiliates of OmegaPro Forex who qualify as Representatives can earn commissions on four team levels:
level 1 – 10% level 2 – 4% level 3 – 2% level 4 – 1%
Note that OmegaPro Forex does not list qualifications for Representatives.
When you join OmegaPro Forex
There is no cost to become an OmegaPro Forex affiliate.
To fully take part in the attached income opportunity, you must invest at least $50.
Through Payeer and Perfect Money, OmegaPro Forex asks for money in dogecoin, bitcoin, litecoin, and USD.
The End of OmegaPro Forex
Even though it has “Forex” in its name, OmegaPro Forex says it makes money from “crypto trading.”
Our company was able to finish all of the tasks it was given and create algorithms for how to act successfully in any situation.
With the help of unique ways of doing business and the well-coordinated work of all of our employees, we have increased our income many times in a short amount of time, as shown by the fact that more than 85% of our transactions are positive.
There is no evidence that OmegaPro Forex is involved in trading. There is also no proof that OmegaPro Forex uses any outside money to pay affiliate withdrawals.
Even so, anyone who could make 2% a day in a legal way would keep it to themselves.
At the moment, the only source of income that can be checked into OmegaPro Forex is new investments.
OmegaPro Forex is a Ponzi scheme because it uses new money to pay back old money.
As with all MLM Ponzi schemes, new money will stop coming in once affiliate recruitment stops.
This will stop OmegaPro Forex from getting ROI money, which will eventually cause it to fail.
The math behind Ponzi schemes makes it clear that most people will lose money when they fail.
Update: March 30, 2022: OmegaPro forex has gone out of business.
I don’t know when, but the company’s website has been taken down and the domain has been parked.