Welcome to my Control Traders Review!
Odds are somebody approached you about the business opportunity and you landed here to ensure it’s genuine.
The good news is I am going to walk you through the company, products and compensation plan so you can settle on the correct choice.
Give close attention and read this to the end…
Control Traders Review (Company)
Control Traders provides no information on its website about who owns or runs the company.
Furthermore, what information is provided on Control Traders’ website has been stolen from other companies
Now as usual I did a little bit more digging in their website and domain.
Control Traders’ website domain (“controltraders.com”) was privately registered on February 3rd, 2020.
Also note that the registration contact is from US, however on their website their address is actually in Sydney, Australia. And funniest thing is the phone number they have provided is TEXT only!!! Which means, there is basically no human behind the line to answer you.
At the time of writing this, I wasn’t able to get any data for Control Traders on Alexa rank.
Think long and hard about joining and/or handing over any money, if an MLM company is not frank and upfront about who is running or owns it.
Control Traders’ Products
The Company has no retailable products or services, with affiliates only able to market Control Traders affiliate membership itself.
Their affiliate membership provides access to various digital marketing material.
Control Traders’ Compensation Plan
Control Traders affiliates invest $300 to $10,000 on the promise of advertised returns:
- Beginner – invest $300 and receive $12 a week for 52 weeks ($624)
- Entrepreneur – invest $500 and receive $20 a week for 52 weeks ($1040)
- Executive – invest $1500 and receive $60 a week for 52 weeks ($3120)
- Gold – invest $3000 and receive $120 a week for 52 weeks ($6240)
- Premium – invest $5000 and receive $250 a week for 52 weeks ($13,000)
- Challenger – invest $10,000 and receive $500 a week for 52 weeks ($26,000)
Commissions are paid when they recruit others who do the same.
In addition, Control Traders pays recruitment commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
Similarly, If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Control Traders caps payable unilevel team levels at five.
Recruitment commissions are paid out as a percentage of funds invested across these five levels as follows:
- One (personally recruited affiliates) – 20%
- Two – 5%
- Three – 3%
- Four – 2%
- Five – 1%
How much does it cost to join Control Traders
Control Traders affiliate membership is tied to an initial $300 to $10,000 investment.
You have all the facts folks, and as usual I kept it real compare to all the other reviews about Control Traders out there!
Here are some other facts:
Similarly, if you look closely to Control Traders website you will see that they are claiming they are a member of DSA. I had a bit of digging in DSA both in Australia and US, and I couldn’t find Control Traders on any of them.
I’d typically go over how Control Traders represent they generate external revenue, however we already know what’s on their site is baloney.
Therefore, Control Traders is a simple Ponzi scheme run by faceless scammers.
New affiliates invest and Control Traders use that money to pay existing affiliates a weekly ROI.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Control Traders of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
If I were you, I would definitely stay far away from Control Traders.
For more trading platforms check here.
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