Emane Trade Review: Safe Bitcoin MLM Trading Scheme In Brazil?
Emane Trade Review
Have you ever heard of Emane Trade? Registered on emanetrade.com domain, this company offers high returns for the clients that invest their money in it. The company is aimed at the Brazilian market. In case you have been wondering if the company is a scam or a good investment, read our review.
About Emane Trade
Our research indicates that the company has registered its domain on January 31, 2018, and that it cites Carlos Barbosa as its CEO. It has an official Facebook profile and it does not provide any information about what the site is about.
It is important to perceive that Emane Trade does not have any retailable products or services, the company works with an affiliate program and an investment program, so you can only market its membership, which is supposed to earn you money.
The Emane Trade Investment Plans
The company has five different investment plans:
- Basic Plan: $500 BRL ($125 USD);
- Silver Plan: $1,000 BRL ($250 USD);
- Gold Plan: $3,000 BRL ($750 USD);
- Diamond Plan: $5,000 BRL ($1,250 USD);
- Prime Plan: $10,000 BRL ($2,500 USD).
All the plans have a promise of at least 40% of monthly return on investment and the plans are capped at 200% return on investment. After you have already get 200% ROI, you have to reinvest to make money.
It is also affirmed that you can make your investment in a single day by investment. For instance, if you invest $3,000 BRL, you can earn that amount of money in a single day.
The company also pay residual commissions using a binary compensation program that basically works like a common multi-level marketing scheme. The more people you are able to recruit for the company, more money you can make from it. Each plan generates a number of points that you can use on your binary team and as the people you recruited get more clients, you can also earn money.
The Verdict: Is Emane Trade A Scam?
Yes, there is a high possibility that this company is a scam. Why? because it looks a lot like a Ponzi scheme. The company makes no products at all, so how does Carlos Barbosa make all this money? He probably doesn’t and, if he does, it is because more people are entering the system, just like a classic Ponzi scheme scenario.
After recruitment goes down, Emane Trade will collapse, not to tell that Ponzi schemes are illegal in many countries (including Brazil and the United States). You should be wary of the company.