Welcome to MaxOption Trade Review,
Another new Cryptocurrency/Binary trading platform. This platform uses Trading Bots in order to handle the heavy lifting of calculation behind every investment decision that it makes.
Max Option Trade is one of the latest trading platform that has caught my eyes with its up to 300% return on investment.
If you are considering to invest your money with Max Option Trade and get that juicy 300% return on investment, make sure you read this article to the end.
I am going to give you all the details and info that is, from the company, it’s registration, legality, products and how much you can possibly earn.
Now let’s begin with the company…
MaxOption Trade Review (Company)
Landing on their website, there is no information about who runs or owns the company.
Max Option Trade claims is a company formed by a team of PROFESSIONAL TRADERS with EXPERTISE in one of the biggest financial markets of today, the CRYPTOCURRENCY/Binary.
Also seems like their focus is to provide their affiliates with daily and constant profits in these markets.
Now let’s check some facts about them.
First I checked their domain registration via who.is.
As you can see ‘maxoptiontrade.com’ has been privately registered, fairly recently, on 21st August 2020.
In addition, the contact information for the domain admin is in Panama.
The problem here is that on their website they are claiming that they have been online since 2008!
And the funny thing is that on the same page they say ‘running days = 3456’ which is around 10 years.
If they have been running since 2008, it means they have been around for 12 years not 10 years!
Either way, it is a lie, as you saw from the domain registration they have bought the domain in 2020.
They also provide an image of a business registration in Massachusetts, dated in 2014.
So what is it? When they started this business? 2008? 2014? 2020?
The business licence looks made up to me (photoshopped) and if it is real why won’t they have a link to the actual registration so I can check it?
So far they haven’t been up front about when they have started and as you can see they are just simply putting numbers on their website.
From what I can see, Max Option Trade has started this business on 2020 when they bought the maxoptiontrade.com domain.
Another thing I would like to point out is, why do they have Massachusetts business license while their address is in California?
Also their address ‘488-482 N 10th St, Sacramento, CA 95811, USA’ kind of looks sketchy to me…
MaxOption Trade Products
MaxOption Trade doesn’t have any retail product or services that you can sell to a customer.
You can simply sign-up with them and create an account. Once you have your account you can deposit and participate in the investment plan that they have.
In addition to that, Max Option Trade have an affiliate program that you can join. Joining the affiliate program and start promoting their affiliate membership will earn you commission, which you can use to invest in any of the investment plans.
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MaxOption Trade Compensation Plan
Max Option Trade has 6 investment plan. You can sign-up and start earning 100% ROI daily by depositing $500.
MaxOption Trade Investment Plans
- Basic: 100% ROI – Min deposit $500 Max $2,000
- Classic: 120% ROI – Min deposit $1,001 Max $5,000
- VIP: 170% ROI – Min deposit $5,001 Max $10,000
- Ruby: 200% ROI – Min deposit $10,001 Max $25,000
- Platinum: 250% ROI – Min deposit $25,001 Max $50,000
- Presidential: 300% ROI – Min deposit $50,001 Max $500,000
The return on investment numbers on any of the plans looks unbelievable and pretty amazing, even best investor such as Warren Buffet would achieve ~30% ROI per annum at their best!
These numbers looks pretty awesome on paper, however I would like to see some data and info to back them up.
Max Option Trade lacks any type of data to justify these returns or to even give a little bit more detail on how they actually does their trading!
It is pretty vague and unbelievable if you ask me.
MaxOption Trade Referral Program
Max Option Trade has a simple uni-level referral program.
Uni-Level referral program starts with you at top, then whoever you personally recruit are going to be your Level 1 recruit.
After that, whoever your Level 1 recruits is going to be your Level 2.
This basically goes down an infinite level as it’s illustrated in this image.
Max Option Trade cap their levels to 2 levels.
- Level 1 (Personally recruit): 6%
- Level 2 : 2%
Cost To Join
It is free to sign-up for maxoptiontrade.com, however if you would like to start any of their investment plan and start earning passive income you need a minimum of $500 deposit.
You can possibly avoid forking out money from your pocket by becoming an affiliate and start promoting their affiliate membership. Once people start signing-up via your affiliate link and start depositing, you can earn commission on their deposit.
From that commission you can build up your own deposit.
Similar Companies I did a review on:
- Monarch Capital
- Bitwealth Company
- Gissis Review
- Mirror Trading International
- Loan Trades Review
Now that I have covered everything about Max Option Trade it is time for me to give you my unbiased conclusion.
So is it possible to make 300% return on investment by simply depositing some money with Max Option Trade, or is it just another scam?
I went through all the facts.
Honestly, if you just simply ignore all the red flags and just think about that 300% return logically, it should raise an alarm for you.
Firstly, if somehow they have managed to pull of a strategy that makes 300% return on investment, why would they need your money for and want to share anything with you?
They can simply get a loan or a credit card and invest themselves and become super rich in a very short amount of time with a compound interest of that 300%.
Secondly, they claim they have a business licence in State of Massachusetts in USA. They are operating in a financial sector and offering passive income. This means they need to be registered with the financial regulated such as SEC (US Securities And Exchange Commission)
Them not having any registration means that they are operating illegally.
In addition, we don’t know who owns or runs the company, which means they can simply stop the withdrawal or just shutdown the website without any notice at anytime.
You not knowing who you deal with, means that you won’t be able to recover any money lost if Max Option Trade closes its business.
The only income I can see coming through is the new affiliate paying for the existing investors.
Not having another stream of revenue and 100% relying on affiliate recruitment makes Max Option Trade a Pyramid Scheme.
Math behind the pyramid scheme is obvious. Once the recruitment stalls, they can’t satisfy the promised return on investment, this inevitably forces the company to collapse. Most of the people (except the owner and the top affiliates) will lose money.
I can’t recommend this company!
I hoped you enjoyed my Max Option Trade review.
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