Regardless of the corporate going by AutoTrade Gold, it truly operates off a website belonging to Panthera Commerce Applied sciences.
Supposedly Panthera Commerce Applied sciences has an “API platform devoted to AutoTrade Gold”.
Panthera Commerce Applied sciences claims it’s “one of many introducing brokers of LegoMarket LLC.”
LegoMarket LLC is a shell firm integrated in Saint Vincent and the Grenadines.
AutoTrade Gold licenses are bought via a 3rd firm, Pansaka.
On their web site, Pansaka refers to itself as “PT. Pansaky Berdikari Bersama”.
On condition that…
- AutoTrade Gold affiliate registration is thru Pansaka; and
- AutoTrade Gold help is offered by Panthera Commerce Applied sciences
…it’s extremely most likely that whoever is working AutoTrade Gold can be behind Panthera Commerce Applied sciences and Pansaka.
Neither AutoTrade Gold, Panthera Commerce Applied sciences or Pansaka gives firm possession data.
Pansaka’s web site operates off an Indonesian area. This means whoever’s behind AutoTrade Gold might need ties to Indonesia however isn’t definitive.
Panthera Commerce Applied sciences’ web site area (“pantheratrade.reside”), was privately registered on June third, 2021.
Pansaka’s web site area (“pansaka.co.id”), was privately registered on December seventh, 2020.
At time of publication, Alexa ranks the US as the highest supply of visitors to each Panthera Commerce Applied sciences’ and Pansaka’s web sites (50% and 46% respectively).
Indonesia is the one different notable supply of visitors, coming in at 38% and 44% respectively.
This does help AutoTrade Gold’s ties to Indonesia. The US visitors dominance nonetheless is unclear.
Replace tenth January 2022 – A reader within the feedback beneath has offered some perception into Pansaka’s CEO.
Dinar Wahyu Saptian Dyfrig, aka Wahyu Kenzo, is Pansaka’s CEO.
Given the shut proximity of Pansaka to AutoTrade Gold and Panthera Commerce, he’s assumed to ber working or concerned within the working of these too.
In accordance with Dyfrig’s social media profiles, he’s primarily based out of Jakarta in Indonesia. This brings us full-circle. /finish replace
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
AutoTrade Gold’s Merchandise
AutoTrade Gold has no retailable services or products.
Associates are solely capable of market AutoTrade Gold affiliate membership itself.
AutoTrade Gold’s Compensation Plan
AutoTrade associates pay a payment to entry AutoTrade Gold’s buying and selling bot.
- License 1 – pay $112 and you’ll be able to commerce with $100 to $500
- License 2 – pay $224 and you’ll be able to commerce with $100 to $5000
- License 3 – pay $560 and you’ll be able to commerce with $100 to $30,000
- License 4 – pay $2800 and you’ll be able to commerce with $100 to $1,000,000
- License 5 – pay $3920 and you’ll be able to commerce with $1,000,000 or extra
Be aware that though USD quantities are offered, all funds inside AutoTrade Gold and its related corporations are made in cryptocurrency.
The MLM aspect of AutoTrade Gold pays on funds traded by downline associates.
AutoTrade Gold Affiliate Ranks
There are 5 affiliate ranks inside AutoTrade Gold’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Dealer – enroll as an AutoTrade Gold affiliate
- Sub IB Accomplice – make investments no less than $3000, and personally recruit no less than twenty associates who collectively have invested no less than $30,000
- Sub IB – make investments no less than $7500, and personally recruit no less than thirty-five associates who collectively have invested no less than $75,000
- IB – make investments no less than $15,000, and personally recruit no less than fifty associates who collectively have invested no less than $150,000
- MIB – make investments no less than $250,000, personally recruit no less than 100 associates who collectively have invested no less than $500,000, and generate a complete downline of two thousand 5 hundred associates who collectively have invested no less than $5,000,000
Referral Commissions
AutoTrade Gold pays referral commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned straight beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
AutoTrade Gold caps payable unilevel staff ranges at 4.
Referral commissions are paid as a proportion of funds invested throughout these 4 ranges primarily based on rank:
- Merchants to Sub IBs earn 20% on degree 1 (personally recruited associates) and 10% on degree 2
- IBs earn 20% on degree 1 and 10% on ranges 2 and three
- MIBs earn 20% on degree 1 and 10% on ranges 2 to 4
AutoTrade Gold affiliate membership charges additionally generate enterprise quantity. It’s unclear whether or not commissions are paid out on this quantity.
Becoming a member of AutoTrade Gold
AutoTrade Gold affiliate membership is tied to a $112 to $3920 license payment fee.
- License 1 – $112
- License 2 – $224
- License 3 – $560
- License 4 – $2800
- License 5 – $3920
The extra paid in license charges the upper an AutoTrade Gold affiliate’s revenue potential.
Be aware that full participation in AutoTrade Gold’s revenue alternative requires each a Pansaka and Panthera Commerce Applied sciences account.
Additionally observe that every one funds inside AutoTrade Gold are made in cryptocurrency.
AutoTrade Gold Conclusion
AutoTrade Gold is your typical “lulz can’t contact our cash” buying and selling bot Ponzi scheme, run via Pansaka and Panthera Commerce Applied sciences.
You have got a buying and selling bot, supposedly buying and selling in gold, created by individuals unknown and producing an marketed 15% a month.
Evidently anybody on the planet with a bot producing a 15% month-to-month return, isn’t promoting you entry for as little as $112.
If AutoTrade Gold was a bot truly able to persistently producing 15% a month, whoever is working the scheme would make investments and compound their option to riches.
That’s not occurring for what must be apparent causes.
AutoTrade Gold represents it generates buying and selling income by way of “the gold market”.
Supposedly this might be expanded to cryptocurrency, oil and foreign currency trading sooner or later.
No proof of precise buying and selling is offered (the one acceptable proof could be audited monetary reviews).
The premise of a “lulz can’t contact our cash” Ponzi scheme is rigged trades. This creates the phantasm of returns being paid to associates till new funding dries up.
At that time a collapse is triggered, leading to trades universally rigged in favor of AutoTrade Gold’s admin. This course of cleans out affiliate accounts.
This exit-scam is often accompanied by way of a communication claiming the bot was hacked or malfunctioned.
One level of due-diligence I need to tackle is AutoTrade Gold feigning legitimacy via LegoMarket LLC.
LegoMarket has meaningless primary registration with the NFA. And equally meaningless registration with the Australian Securities and Funding Fee.
Each of registrations are meaningless, primarily as a result of LegoMarket is a faceless shell firm, integrated in a purple flag jurisdiction and sure with bogus particulars.
LegoMarket’s NFA primary registration is meaningless as a result of it doesn’t tackle AutoTrade Gold being an unregistered securities providing.
LegoMarket’s ASIC registration is meaningless. No monetary filings have been made and AutoTrade Gold isn’t actively soliciting funding from Australian residents.
LegoMarket can be registered as a shell firm in Australia as “LEGO MARKET LLC PTY LTD”.
For the aim of due-diligence, primary incorporation anyplace is meaningless.
With the US and Indonesia being its major supply of recent funding, AutoTrade Gold and its related corporations should be registered with monetary regulators in each international locations.
Within the US that’s the SEC. In Indonesia securities are regulated by the Monetary Providers Authority.
Neither AutoTrade Gold or its related corporations are registered with the SEC or FSA, as a result of as above it’s a “lulz can’t contact our cash” Ponzi scheme.
If you wish to ignore that, by not registering at a minimal AutoTrade Gold remains to be committing securities fraud.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of members lose cash.
Signing as much as Pansaka and Panthera Commerce additionally requires AutoTrade Gold associates at hand over private data.
Ship your legitimate ID (id card, passport or driving license) in addition to a selfie along with your ID near your face.
This moreover opens up AutoTrade Gold associates to id theft.
Sending your private data to randoms over the web is mostly a foul concept.
Sending your private data to randoms working Ponzi schemes is asinine.