Arbitrage Go operates in the cryptocurrency MLM niche.

The company claims to be incorporated in the UK and headed up by Carl Fielby.

A UK incorporation number is provided, which corresponds with “Arbitrage Go LTD”.

Arbitrage Go LTD was incorporated on April 17th, 2020.

UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

As for Carl Fielby, no information about him is provided. Nor is there any information available elsewhere tying him to Arbitrage Go.

In all likelihood Carl Fielby doesn’t exist.

At the time of publication, Alexa ranks the US (94%) as the largest source of traffic to Arbitrage Go’s website.

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.

Arbitrage Go’s Products

Arbitrage Go has no retailable products or services, with affiliates only able to market Arbitrage Go affiliate membership itself.

Arbitrage Go’s Compensation Plan

Arbitrage Go claims to generate

an average net profit of 8-12% per week with a turnover of around 750,000 USD.

Affiliates can receive a share of this purported revenue by investing $200 or more.

  • Bronze – invest $200 to $1000 and receive a 40% share of Arbitrage Go’s daily ROI generation
  • Silver – invest $1001 to $5000 and receive a 50% share of Arbitrage Go’s daily ROI generation
  • Ruby – invest $5001 to $15,000 and receive a 60% share of Arbitrage Go’s daily ROI generation
  • Gold – invest $15,000 to $40,000 and receive a 60% share of Arbitrage Go’s daily ROI generation
  • Diamond – invest $40,001 to $250,000 and receive a 70% share of Arbitrage Go’s daily ROI generation

Referral Commissions

Arbitrage Go pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Arbitrage Go caps payable unilevel team levels at seven.

Referral commissions are paid out as a percentage of funds invested across these seven levels as follows:

  • level 1 (personally recruited affiliates) – 7%
  • level 2 – 5%
  • level 3 – 3%
  • level 4 – 2%
  • level 5 to 7 – 1%

Representative affiliates, those that convince large numbers of people to invest, receive increased referral commission rates:

  • 14% on level 1
  • 6% on level 2
  • 3% on level 3
  • 2% on level 4
  • 1% on levels 5 to 7

Joining Arbitrage Go

Arbitrage Go affiliate membership is free.

Full participation in the attached income opportunity however requires a minimum $200 investment.

Note that although investment amounts are quoted in USD, Arbitrage Go only solicits investment in bitcoin.


Arbitrage Go claims to generate external revenue via bitcoin trading.

ArbitrageGO manages an investment pool; collecting investments, performing BitCoin arbitrage trading.

No evidence of trading is provided. Furthermore Arbitrage Go’s business model fails the Ponzi logic test.

On its website Arbitrage Go claims it “currently generates between 140,000 – 220,000 USD on a weekly basis”.

If that was true, what do they need your money for? The profit is already there, so all Arbitrage Go’s anonymous owner(s) would need to do is compound. Within a short period of time, they’d be able to retire among the richest on the planet.

Putting that aside (which you absolutely shouldn’t), even if you buy into Arbitrage Go’s claims it’s based out of the UK – clearly the company is offering a passive investment opportunity.

Passive investment opportunities are securities offerings. Securities in the UK are regulated by the FCA.

Arbitrage Go provides no evidence it has registered with the FCA, meaning that at a minimum the company is committing securities fraud.

As it stands the only verifiable source of revenue entering Arbitrage Go is new investment.

Using new investment to pay existing affiliates a daily return makes Arbitrage Go a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dies down so too will new investment.

This will starve Arbitrage Go of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.