Fxcrypto Trade (or FT for the sake of simplicity) is a high-yield interest program (HYIP), ostensibly facilitated by trading on Forex and cryptocurrency exchanges, that provides investors between 2.5% and 3.5% daily ROI on deposits. As with most HYIP opportunities of this type, FT offers an affiliate program as well.
About Fxcrypto Trade
There’s no information on the FT website that reveals who’s behind Fxcrypto Trade. The site claims that it is registered in the UK on March 24, 2017, but no further information is listed that would make it possible to verify this claim.
The site’s domain registration information reveals little else, except that it was registered in early March of 2017. The name of the registrant is occluded by a private registration service.
Meanwhile, FT’s Alexa site info reveals the majority of traffic to the site is split evenly between Russia, Bangladesh, and the Ukraine. Judging from the broken English employed by the site, it’s likely that Fxcrypto Trade originates from one of these countries.
As always, it’s a bad idea to get into bed with a financial company that doesn’t provide information about themselves.
FT offers a three-tier investment opportunity, each which separate terms. The breakdown is as follows:
- Diplomat Trade: 100 day investment, 2.5% daily ROI on deposits between $20 and $1999
- Royal Trade: 100 day investment, 3.0% daily ROI on deposits between $2000 and $4999
- Imperial Trade: 100 day investment, 2.5% daily ROI on deposits between $5000 and $50,000
Investors can use several payment processors to deposit funds, including Visa/Mastercard, Bitcoin, Payeer, Advcash, and others.
The FT affiliate program offered to investors willing to recruit others is a simple three-tier deep referral commission structure. Depending on your own investment level, you receive a percentage-based commission according to the following guidelines:
- Diplomat Trade: 6% on direct recruits, 3% on second-level recruits, 1% on third-level recruits
- Royal Trade: 7% on direct recruits, 4% on second-level recruits, 1% on third-level recruits
- Imperial Trade: 9% on direct recruits, 5% on second-level recruits, 1% on third-level recruits
This seems to be the extent of the company’s affiliate offering.
Fxcrypto Trade Conclusion
Fxcrypto Trade is one of any number of increasingly-prevalent online HYIPs that claim to provide you with easy passive income and earnings opportunities for recruiting others, but the truth is that all of these HYIPs are almost identical to one another in that they won’t work well for very long. This is, of course, because there’s no Forex or cryptocurrency exchange trading going on behind the scenes – in fact, FT is only interested in getting as many people as possible to deposit money into the system so it can pay its oldest investors with new investor funds in typical Ponzi fashion.
Don’t believe us? Go ahead and email FT’s admin (if you can find an email address, that is) and ask them to provide proof of the company’s trading history. Go ahead, we’ll wait here. We won’t hold our breath, though.