Bruxis Trading Review: Bruxis clone Ponzi scheme
Bruxis Trading provides no information on its website about who owns or runs the company.
In an attempt to appear legitimate, Bruxis Trading provides a UK incorporation certificate for “Bruxis Trading LTD”.
This incorporation doesn’t exist. The provided incorporation number corresponds with “Auto Forex Trading LTD”, a former UK incorporation dissolved in March 2021.
In any event an MLM company operating or claiming to operate out of the UK is a red flag.
UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.
As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.
For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.
Bruxis Trading’s website domain (“bruxis-trading.ltd”) was privately registered on February 26th, 2021.
In the website source-code for Bruxis Trading’s website we find a reference to “Capital Traders”.
Capital Traders is a collapsed hourly returns Ponzi scheme. It seems the same anonymous scammers are behind Bruxis Trading.
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.
Bruxis Trading’s Products
Bruxis Trading has no retailable products or services.
Bruxis Trading affiliates are only able to market Bruxis Trading affiliate membership itself.
Bruxis Trading’s Compensation Plan
Bruxis Trading affiliates invest funds on the promise of advertised returns:
- Plan 1 – invest $30 to $499 and receive 120% over 24 hours
- Plan 2 – invest $500 to $999 and receive 150% over 48 hours
- Plan 3 – invest $1000 to $4999 and receive 180% over 72 hours
- Plan 4 – invest $5000 or more and receive 200% over 120 hours
Referral commissions on invested funds are paid down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 7%
- level 2 – 3%
- level 3 – 1%
Joining Bruxis Trading
Bruxis Trading affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $30 investment.
Bruxis Trading Conclusion
On their website Bruxis Trading claim they are
run by a very professional and experienced admin team who are expert in handling the hyip yield investment programs.
“HYIP” is MLM underbelly code for Ponzi scheme.
Outside of just admitting it, we can verify Bruxis Trading is a Ponzi scheme by way of them using the usual MLM Ponzi ruse of trading:
The activity of our company is aimed at the forex, stocks and cryptocurrency trading and providing investment services worldwide.
Bruxis Trading provide no evidence of trading or any other source of external revenue generation. Nor is the company registered to offer securities in any jurisdiction (basic incorporation in the UK is meaningless).
As such we’re left with a low effort Ponzi scheme that, once it inevitably collapses, will result in the majority of investors losing money.
Of note is Bruxis Trading having a similar name to Bruxis.
Bruxis surfaced in March 2021 and was a Russian Boris CEO Ponzi scheme. It collapsed mid last month.
Whether Bruxis Trading was the original Ponzi scheme or a backup plan, who knows. Based on the limited information provided, I can’t even confirm both are run by the same scammers.
What I can confirm is both Bruxis and Bruxis Trading are Ponzi schemes. Once the money is stolen, they always end in tears.
Everything is hilariously sketchy in this scam.
Their About-page(bruxis-trading.ltd/?a=cust&page=about#) informs
,but they attached a picture of certificate of incorporation of Bruxis Trading Ltd, which has a different company number (11902149) and has the coat of arms of Saint Vincent and the Grenadines — not UK (+ “Companies Act – Cap 143” is a law in SV & G).
There is a completely identical website launched in 2020 called “binanceinvest.io” (archive.is/XRFGg). However, its About page (binanceinvest.io/?a=cust&page=about ; archive.is/ydZI3) has the same text
but this time it has the “correct” certificate of incorporation picture correspondinf to the company number, which is the that of AUTO FOREX TRADING LTD.
(Which is dissovled in March 2021, not incorporated — so Oz please check and correct this.)
With all these glaring red flags, you deserve to be robbed if you put money your in this lousy scam.
It’s actually based on a specific HYIP (ponzi) site template, dozens of these pop up monthly with the same structure and wording.
I’m not sure if it’s 1 group doing all of them or a bunch of scammers operating off the same template though, the Cert page is a dead giveaway when they change the theme too.
LOL I don’t even click through on UK incorporations any more. Didn’t realize Auto Forex Trading had been dissolved.
I agree it appears we’ve stumbled on someone milking a Ponzi website script.
I wonder if they invest in the nyse york stock exchange?
What a bunch of hosers.
Standard HYIP templates ~$60,~$100 with an App.
Straight from India ready to Ponzi.