NovatechFX Review | N-Tech Bot Trader & Rehashed AWS Mining

NovatechFX Review _ with regulatory licenses in St Vincent and the Grenadines, NovatechFX is pitched as a legitimate AI trading platform.

The gist is that members and affiliates earn cyclical profits from different models. Everything winds down to an algorithm, N-Tech, running the transactions for the set period. After that, the members earn returns.

Despite the flashy ROI ads, some details about the website are worrisome. For example, the domain transitioned to .com after using the .io in the URL previously. On the surface, juggling URLs might seem to be only a market visibility tactic, but the whole story is usually something different.

We can’t say for certain in this case, especially as NovatechFX Review posts on Trust Pilot are overwhelmingly positive, besides a few complaints.

You can run a quick search on the site for any lead on incorporation and partnerships. The results get jumbled up here, with NovaTech Inc. as a possible owner of NovatechFX.

Combined with the anonymous operators and unclear licensing credit provided on the website, NovatechFX creates a pinch of bad taste for any reviewer. See some of the highlights in this article.

Table of Contents

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NovatechFX Review: Former AWS Mining Rehashed

It isn’t by coincidence that PRs often fixate on profit stacks on videos instead of disclosures relevant to the business that they promote. NovatechFX is one example, based out in New York, US.

Apparently, every NovatechFX Review online has feedback from customers that can associate NovatechFX CEO, Cynthia Petion, as the owner of the bogus trade platform, AWS Mining. Her associates in the failed business are also part of the new front.

So, is the NovatechFX CEO recouping lost “margins”?

To answer this question, we look at the ROI blueprint. Scammers typically run the same HYIP (High Yield Investment Program) blueprint every time.

Cynthia and Eddy Petion were AWS Mining Top Earners, which relies on a ghost rig pitched as Mining Farms for revenue, although the obvious ROI channel is recruitment deposit.

AWS Mining PRs would record vids of isolated miners with the AWS Mining stickers as proof of the undisclosed farms. Meanwhile, the compensation cycle spurred recruitment for elite affiliates to build their downlines. And that means more membership deposits _ profits for the Top Earners, most likely.

Whatever suspicions people had about AWS Mining as a scam were confirmed by the abrupt end of the business.

Now, an AWS Mining Top Earner has rehashed the same business, brandishing an offshore regulation as an SEC pass. Cynthia Pethion enthuses the religious cue as The Reverend CEO, all the while retaining the same AWS Mining template.

See the NovatechFX Review section below for the sales aspect.

NovatechFX Packages

Note:

The packages in this list are in contrast to NovatechFX offering investment instruments. However, they coincide with the membership fees for the different NovatechFX affiliate tiers, roping the purchaser into the program already.

The retail part offers seven (7) packages shown below.

President Package _ available for $100000 or more

VIP Package _ goes for $25000-$99999

Platinum Package _ goes for $10000-$24000 with a $25 service fee per month

Gold Package _ available for $5000-$9999 with a $25 service fee per month

Silver Package _ available for $2500-$4999 with a $25 service fee per month

Bronze Package _ goes for $500-$2499 with a $25 service fee per month

Builder Package _ goes for $99-$499 with a $25 service fee per month

The compensation Packages proper also have the same values at the same prices as the retails, with 25%, 30%, and 35% withdrawal fees for the VIP, Silver-Platinum, and Bronze respectively.

NovatechFX Review: Commissions

VIP Tier _ any recruitment to the tier earns you $250 (preferably recruit a retail agent)

Platinum Tier _ any recruitment to the tier earns you $200 (preferably recruit a retail agent)

Gold Tier _ any recruitment to the tier earns you $150 (preferably recruit a retail agent)

Silver Tier _ any recruitment to the tier earns you $100 (preferably recruit a retail agent)

Bronze Tier _ any recruitment to the tier earns you $50 (preferably recruit a retail agent)

Another NovatechFX pay model is the Unilevel lattice, and it is similar to the Binary Team explained below. Below is how they work.

Binary Team

How does the model work?

The name, binary team, is revealing. It uses two-step recruitment to build a member’s downlines, paying commissions on the lower team leg.

The affiliate’s personally recruited members fill the First Level. The First Level referrals boot the Second Level by recruiting people to NovatechFX. Subsequently, the recursive arrangement yields a typical MLM binary compensation grid.

It grows organically (as MLMs fondly call the downline lattice principle).

Profits on the binary teams are tier-weighted, with everyone earning capped percentage bonuses per cycle.

Unilevel Lattice _ doesn’t split the downline into two teams; instead, every member in the first level boots the second level with as many (or more) new affiliates.

NovatechFX Review: Is it legit?

The company has a compensation program paying ROIs currently but has yet to comply with the US SEC in terms of regulation. Our NovatechFX Review hasn’t found any disclosures on the website yet.

Also, nothing proves that the website has an N-Tech bot, which would imply that people are investing in a comic fiction bot. No verifiable audit so far

Until NovatechFX fixes these glitches, it isn’t a safe profit option.