NotchFX Trade _ offers a four-way membership plan, an algorithm to generate profit from bitcoin and stocks, and up to twice the value of investment daily.
The company states this in a service disclosure ad, claiming to trade bitcoin currencies (whatever this even means!). According to the website, “traders need little to no experience to trade on the site.”
Another incongruous detail about the company is its use of different domain addresses.
Only platforms with low trust scores on peer review sites would attempt to use different domains unnoticed. By any routing portal, though, NotchFX Trade offers the same things.
Further, the company claims to be incorporated in the UK, although the truth of it would depend on NotchFX Trade getting off light for providing fake testimonies as well. Instead of a verifiable audit about profits from backend investments, the company merely uses random stock photos as evidence of paid ROIs.
Learn more below.
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NotchFX Trade Review: Affiliate Membership
It typically offers affiliate compensation plans that pay returns after a validity period. The highest tier earns two hundred and twenty percent (220%) daily.
Here is how the scheme works.
VIP _ pays 220% daily on investments in the range of $20,000-$50,000
Executive _ pays 200% daily on investments in the range of $10000-$19999
Standard _ pays 150% daily on investments in the range of $5000-$9999
Basic _ pays 80% daily on investments in the range of $500-$4999
Moreover, affiliates earn corresponding commissions that are calculable from a unilevel lattice.
It works in this way.
An affiliate recruits people to buy NotchFX Trade membership plans, which places them in the affiliates’ referral First Level. Every referral in this level can invite people to join the platform, thus building a Second Level. The same happens on the third, fourth, and other Levels down a recursive downline lattice.
Further, it pays the following percentage commissions per level.
15% on Level 3
10% on Level 2
5% on Level 1
To join a paid tier, a NotchFX member will have to buy invest five hundred dollars ($500), and keep up with the referral recruitment task.
Does the company make good on its promises? See below for details.
Red Flags!
It’s not like NotchFX Trade needed any unique lens. Once any company starts offering a flat quote three-figure return on investment per day, it automatically qualifies as a Ponzi.
To compensate for this slip, the company claims to have a team of professionals dedicated to bitcoin currency exchanges trading over multiple exchanges and markets. How do they realize up to 220% ROI for so many customers? It owes that feat to its trading algorithm, which it always mentions in passing.
According to the website,
“Thanks to the extraordinary diversification of our flexible trading procedure, We (sic) guarantee and deliver our investors the best trading experience.”
Checked for proof, but the website doesn’t contain any evidence that there is an algorithmic trader generating profits for members.
Also, the testimonies on the website are fake, given the jerky wording of the replies. No specific input about crypto experts or trade algorithms running the transactions
Point in Case: Anonymous CEO & Team Members
Another red flag about the company is the anonymous operators.
Further, the execs might not be English speakers, judging from the syntax in the last quote. Nobody with a whit of knowledge of written English capitalizes the word after a comma. It shows that the team is actually a gaggle of amateurs who don’t know the first thing about legit PR.
So, the execs are not from the UK? Of course, they could come from anywhere but the United Kingdom, given the preadolescent wording on the company website.
Conclusion _ Is It A Scam?
There is no reason to trust that NotchFX Trade will generate 220% returns per day for affiliates. It is unrealistic.
At best, it is the same staple joke as folk tales about mountebanks. If you want to double your money via a magic profit scheme, invest in NotchFX Trade. That is what the vague team of professionals amounts to.
In any case, the company is not likely to last long since it could phase out to another domain. After the .com and .live iterations, it may be signaling a transition to universalcryptofx.com.
So, what happens when it changes domain again? You can pick a cue from other instances like Finiko, Antares, and Blockchain Global.
NotchFX Trade is a scam.
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