BonavestStockFX fails to provide ownership or executive information on its website.

BonavestStockFX’s website domain (“bonaveststockfx.com”), was privately registered on March 9th, 2023.

If we look at the website source-code for BonavestStockFX, we find references to Vintage Plus Trade.

Vintage Plus Trade uses the same website template as BonavestStockFX.

Vintage Plus Trade pitches returns of up to 180,000%, making it an obvious Ponzi scheme.

The same scammers behind Vintage Plus Trade appear to be behind BonavestStockFX.

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.

BonavestStockFX’s Products

BonavestStockFX has no retailable products or services.

Affiliates are only able to market BonavestStockFX affiliate membership itself.

BonavestStockFX’s Compensation Plan

BonavestStockFX affiliates invest funds on the promise of advertised returns:

  • Starter – invest $100 and receive 2% a day
  • Basic – invest $5000 and receive 4% a day
  • Standard – invest $10,000 and receive 5% a day
  • Premium – invest $20,000 and receive 7% a day
  • Executive – invest $100,000 and receive 10% a day

BonavestStockFX pays referral commissions on invested funds down two levels of recruitment:

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

Joining BonavestStockFX

BonavestStockFX affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $100 investment.

BonavestStockFX solicits investment in USD and various cryptocurrencies.

BonavestStockFX Conclusion

BonavestStockFX represents it generates external revenue via “automated trading”.

No evidence of BonavestStockFX paying withdrawals with automated trading revenue is provided. Furthermore, BonavestStockFX’s business model fails the Ponzi logic test.

If BonavestStockFX was able to generate 10% a day through automated trading, what do they need your money for?

BonavestStockFX’s marketing claims also fall apart upon scrutiny.

On its website, BonavestStockFX claims to “hold an AFS license, issued by the USA Securities & Investments Commission”.

Putting aside this is a lazy copy and paste from the Vintage Plus Trade Ponzi scheme, first of all there is no “USA Securities and Investments Commission”.

There is a US Securities Exchange Commission, but it doesn’t issue AFS licenses. AFS licenses are issued by the Australia’s ASIC regulator.

We can also search the SEC’s public Edgar database and confirm that neither Vintage Plus Trade or BonavestStockFX are registered to offer securities in the US.

In summary, pretty much everything on BonavestStockFX’s website is baloney -which plays into the scammers behind it running a Ponzi scheme.

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

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

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