Active Coin Trade Review: 15% a day trading Ponzi scheme
Active Coin Trade provides no reliable information on its website about who owns or runs the company.
Provided executive profiles consist of fake names and stolen photos:
Active Coin Trade’s website domain (“activecointrade.com”) was privately registered on November 14th, 2019.
Despite only recently launching, Active Coin Trade falsely claims it was “founded in 2013 in United Kingdom [sic]”.
In an attempt to appear legitimate, Active Coin Trade’s website links to the UK incorporation of “Ebico Investment & Trade Limited”.
Ebico Investment & Trade Limited was incorporated in December 2016. The incorporation was dissolved in March 2020.
Presumably the incorporation had nothing to do with Active Coin Trade.
And in any case, UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Active Coin Trade’s Products
Active Coin Trade has no retailable products or services, with affiliates only able to market Active Coin Trade affiliate membership itself.
Active Coin Trade’s Compensation Plan
Active Coin Trade affiliates invest funds on the promise of advertised returns.
- Basic – invest $300 or more and receive 135% over 7 days
- Standard – invest $500 or more and receive 150% over 30 days
- Professional – invest $2500 to $7500 and receive a 3% to 9% daily return “forever”
- VIP – invest $10,000 or more and receive a 300% return over 30 days
Active Coin Trade pays referral commissions on invested funds down two levels of recruitment (unilevel):
- 8% on level 1
- 5% on level 2
Joining Active Coin Trade
Active Coin Trade affiliate membership is free.
Full participation in the attached income opportunity however requires a minimum $300 initial investment.
Active Coin Trade claims it’s “the brokerage arm of mega-bank Cooperative bank”.
Naturally the bank isn’t named.
With respect to external ROI revenue, Active Coin Trade again claims to be engaged in “online trading, investment choices (and) powerful trading platforms”.
No evidence of any of these activities taking place is provided. Nor is there any evidence of Active Coin Trade having any source of revenue other than new investment.
Furthermore Active Coin Trade’s business model fails the Ponzi logic test.
If Active Coin Trade’s anonymous owners were able to generate 15% a day, what do they need your money for?
Remember, Active Coin Trade claims to have been around since 2013. 15% a day compounded for seven years makes Jeff Bezos’ fortune look like chump change.
At the end of the day, using newly invested funds to pay existing affiliates a return makes Active Coin Trade a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Active Coin Trade of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.