Welcome to my Trandex Review!
Recently I have seen some buzz on internet in regards to this Investment platform, so I decided to take a closer look.
Probably someone approached you about this opportunity and the juicy up to 10.5% Daily ROI and you landed here to see whether it is legit or not.
You are in luck my friend! I will go through the company, products and compensation plan with all the details that is there, so you can make a right decision.
Make sure you PAY close attention and read this to THE End.
Trandex Review (Company)
trandex.biz is a trading company that operates on major cryptocurrency exchanges.
In the ‘About Us’ section of the website, They claim that they have been online since 2009:
Since, 2009 we have worked tirelessly with our partners around the globe to guarantee our partners the best online experience in forex trading.https://trandex.biz/company
Furthermore, in the ‘Transparency’ section of the website, they claim:
Trusted and regulated Since 2017 we were listed and register in the United Kingdom official registershttps://trandex.biz/company
Now they think that they can get away with these bold claims, until someone like me point them out.
Checking their domain registration, “trandex.biz” has been privately registered on October 24th 2020, based on the info on who.is.
Which means the claim that they have been working since 2009 is a complete lie.
First red flag here.
Now let’s check and see if they are register.
First of all, if they are register they should have the registration certificate on their website, which they don’t.
I did a bit of digging and finally found their registration certificate.
Now as you can see, they incorporated on 26th of October 2020, which is just couple of days after getting their domain registered.
Now them saying they have been registered since 2017, is another big lie!
Since I wasn’t able to find any information on who is running the company or owns the company, I took a look at the
‘People’ section in the registration certificate.
There is a person called ‘Daniel Marsh’ who actually registered for this company.
I did a quick search and I couldn’t find any digital footprint connecting this person to this company.
All I can assume he is fake.
Adding to all these red flags, is their address.
The address is not an actual office. It is a virtual office address bought from Regus.
That is it for the company, now let’s see what they have to offer and how much you possibly can earn with them.
Trandex review (Products)
They don’t have any retail product or services, with all you can do is signup and invest to start earning.
You can also earn money from the referral program.
It is similar to Daisy AI or dealtrade.io that I did review on.
Trandex review Compensation Plan
Trandex.biz offers 3 simple investment plans.
- Trandex Basic – (3.5% Daily Accrual) => Account with a total investment between $25 – $5k.
- Trandex Blue – (5.5% Daily Profit) => Account with a total investment between $5k – $10k.
- Trandex VIP – (10.5% Daily Profit) => Account with a total investment more than $10K.
There are some minor difference in what you can do within your account based on the plan you are on.
On basic, there is no fast withdrawal.
On VIP, you get 24 hour support.
trandex.io offers commissions of up to 7%.
A uni-level compensation structure puts an affiliate at the top of a uni-level team that places every personally sponsored affiliate right under them on level 1.
If level 1 affiliates recruits new affiliates, they are put on the 2nd level of the original affiliate’s uni-level team.
If level 2 affiliates recruits new affiliates, they are put on the 3rd level, and this continues on down an infinite levels.
However, in case of trandex.biz, they capped the Payable uni-level team levels at 4.
Referral commissions are paid out as a percentage of investments made across these three levels:
- Level 1 (personally sponsored affiliates) – 7%
- Level 2 – 4%
- Level 3 – 1%
- level 4 – 1%
For every visitor who signs up and invest at least $30, You will receive up to 7% commission.
Cost To Join Trandex
You can sign-up for free. You can get your affiliate link and start recruiting affiliates in hope that one of them invest and you get your commission.
Otherwise, in order to participate in their investment plan, you need to at least pay $30.
So is Trandex scam?
Let’s look at the facts, shall we?
We don’t know who runs or owns the company.
There is a guy named Daniel Marsh in their registration paper, however I couldn’t find any digital footprint of him that connects him to trandex.biz
On top of that they haven’t been transparent about their past and when they have started their business.
Additionally, they are not registered with any financial regulator organizations.
Any company that promises return on investment and works with exchange of any kind needs to be registered with the appropriate financial regulated of the jurisdiction they operate in.
trandex.biz not being registered, means that they are offering return on investment illegally.
This simply means your MONEY is not safe with them.
The only income that I can see is the new affiliate paying the existing members.
This is your classic ponzi shceme.
I can’t recommend this. It is very high risk and there is no way that you can get your money back if anything happens to these people.( i.e website stops working or just shuts-down)
I hope you enjoyed my trandex.biz review and if you have any questions feel free to ask in the comments below…
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