Comex Trades gives no info on its web site about who owns or runs the corporate.
Additional analysis reveals a Comex Trades advertising and marketing video that includes CEO “Raymond Stokes”.
Comex Trades’ advertising and marketing movies are poorly dubbed and provides off a robust rented workplace vibe. This makes Stokes a robust Boris CEO candidate.
Supporting that is Stokes not present exterior of Comex Trades’ personal advertising and marketing materials.
Comex Trades’ web site area (“comextrades.com”) was privately registered on December thirty first, 2018.
Regardless of not present up till a number of months in the past, Comex Trades’ falsely claims it’s been operating since April twenty second, 2019.
In an try to look reputable, Comex Trades gives a UK incorporation quantity on its web site.
This corresponds with Comex Restricted, which was integrated on December twenty third, 2019.
UK incorporation is filth low cost and successfully unregulated. It’s a favored jurisdiction for scammers trying to incorporate dodgy firms.
As at all times, if an MLM firm is just not overtly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Comex Trades’ Merchandise
Comex Trades has no retailable services or products, with associates solely capable of market Comex Trades affiliate membership itself.
Comex Trades’ Compensation Plan
Comex Trades associates make investments $10 to $500,000 on the promise of marketed returns:
- 2.1% a day for 20 days
- 2.5% a day for 35 days
- 3.5% a day for 55 days
- 650% after 35 days
- 1500% after 55 days
- 3000% after 70 days
- 6500% after 100 days
Referral commissions are paid on invested funds down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 5%
- degree 2 – 2%
- degree 3 – 1%
Becoming a member of Comex Trades
Comex Trades affiliate membership is free.
Full participation within the hooked up revenue alternative nevertheless requires an preliminary $10 to $500,000 funding.
Conclusion
Comex Trades claims to be a “completely authorized non-public funding firm”.
COMEX Trades presents its shoppers a worthwhile funding alternative in buying and selling futures within the commodity market, the inventory market and the international change market in addition to in a comparatively younger cryptocurrency market.
No proof of buying and selling income getting used to pay funding returns is supplied.
Moreover, Comex Trades’ enterprise mannequin fails the Ponzi logic take a look at.
If Comex Trades’ nameless house owners have been able to legitimately producing 6500% returns each 100 days as marketed, what do they want your cash for?
Because it stands the one verifiable income coming into Comex Trades is new funding.
Utilizing newly invested funds to pay present associates every day returns of as much as 6500% each 100 days makes Comex Trades a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dies down so too will new funding.
This may starve Comex Trades of ROI income, ultimately selling a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of contributors lose cash.