CPS Traders Review: Spam, e-commerce and Ponzi ROIs
There is no information on the CPS Traders website specifically identifying who owns or runs the company.
MMO24hs Group is presented is described as a “financial group” and presented as CPS Traders’ parent company.
Our MMO24hs Group is an online based company with its representatives living in the USA, the UK, Australia, Hong Kong and Japan.
The group was firstly founded by bitcoin miners and traders in the early of 2009.
We have reached over 610 employees of programing (sic), trading, mining and advertising since January of 2016.
The CPS Traders website domain was registered on the 17th of June 2016, however the domain registration is set to private.
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.
The CPS Traders Product Line
CPS Traders has no retailable products or services, with affiliates only able to market CPA Traders affiliate membership itself.
The CPS Traders Compensation Plan
The CPS Traders compensation plan sees affiliates invest in Trading Points, through which they earn a 100 day ROI.
CPS Traders affiliates are also paid on shopping activity of their downlines, as well recruitment of new CPS Traders affiliates.
Trading Points are a virtual currency CPS Traders affiliates invest in at a rate of $1 to 1 Trading Point.
An affiliate can also earn Trading Points by posting CPS Traders spam on behalf of the company.
When an affiliate signs up, they are awarded Bonus Points based on how much they spend:
- Free – 50 Bonus Points
- Starter ($10 a month) – 100 Bonus Points
- Inter ($50 a month) – 120 Bonus Points
- Super ($100 a month) – 150 Bonus Points
If a CPS Traders affiliate posts spam for 70 days, Bonus Points are converted to Trading Points.
Note that free affiliates must pay a monthly membership fee if they wish to earn on Trading Points (see below).
Trading Pool ROI
The Trading Pool is made up of 50% of funds invested into CPS Traders. CPS Traders shares this revenue out with affiliates who have Trading Points.
The more Trading Points a CPS Traders affiliate has, the larger their daily share of the Trading Pool.
Note that Trading Points expire after 100 days from the day they were generated.
CPS Traders run an e-commerce platform stocked with third-party products.
If recruited affiliates purchase products from the store, CPS Traders share a percentage of the merchant commission generated.
This commission is paid out 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:
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.
CPS Traders cap payable unilevel levels at five. How many unilevel levels a CPS Traders affiliate can earn on is determined by how much they spend each month in fees:
- Starter – one level
- Inter – two levels
- Super- five levels
How much of a percentage is paid out is determined by what level of the unilevel team a commission is generated on:
- level 1 (personally recruited affiliates) – 5%
- levels 2 to 5 – 1%
When a CPS Trader affiliate recruits a paid affiliate, a commission is paid out.
How much of a commission is paid out is determined by how much the recruiting affiliate’s pays in monthly fees:
- Starter – recruit a Starter affiliate and earn 50 cents, recruit an Inter affiliate and earn $1, recruit a Super affiliate and earn $2
- Inter – recruit a Starter affiliate and earn $1, recruit an Inter affiliate and earn $2, recruit a Super affiliate and earn $5
- Super – recruit a Starter affiliate and earn $2, recruit an Inter affiliate and earn $5, recruit a Super affiliate and earn $7
Residual Recruitment Commissions
Residual recruitment commissions are paid out via a 2×21 matrix.
A 2×21 matrix places an affiliate at the top of a matrix, with two positions directly under them:
These initial two positions form the first level of the matrix. The second level of the matrix is generated by splitting the two positions into another two positions each (4 positions).
Subsequent levels of the matrix are generated in the same manner, with a complete 2×21 matrix housing 4,194,302 positions.
Positions in the matrix are filled via direct and indirect recruitment of CPS Traders affiliates.
Commissions are paid as matrix positions are filled. How much of a commission is paid out is determined by how much recruited affiliates pay in monthly fees:
- Starter (only earns on 5 matrix levels) – 10 cents per Starter affiliate, 20 cents per Inter affiliate and 30 cents per Super affiliate
- Inter (only earns on 15 matrix levels) – 30 cents per Starter affiliate, 50 cents per Inter affiliate and 70 cents per Super affiliate
- Super (earns on all 21 matrix levels) – 50 cents per Starter affiliate, 80 cents per Inter affiliate and $1.20 per Super affiliate
Joining CPS Traders
There is a free CPS Traders affiliate membership option, however full participation in the CPS Traders MLM opportunity requires paid membership:
- Starter – $10 a month
- Inter – $50 a month
- Super – $100 a month
CPS Traders claim they generate revenue via
- bitcoin mining and trading
- software and app development
- advertising and
With the exception of e-commerce (via the e-commerce platform), none of these revenue sources are verifiable.
Affiliate fees, investment in Token Points and spending on the e-commerce platform are the only verifiable sources of revenue entering CPS Traders.
The use of newly invested funds to pay off existing investors constitutes a Ponzi scheme. The use of affiliate fees to pay recruitment commissions adds an additional pyramid layer.
Pay to play is also prevalent, with how much an affiliate pays in fees each month affecting earning potential across all components of the compensation plan.
The currency of choice within CPS Traders is bitcoin, which when coupled with anonymous company ownership appears to be an attempt to maximize investor losses upon collapse.
The 100 day maturity period will mean most investors won’t realize CPS Traders has collapsed until it’s too late, as investors will no doubt be strung along with daily ROIs in their backoffice.
Only when withdrawal requests are made and subsequently denied will the realization that there’s no money left hit. By then of course it will be too late, with most CPS Traders affiliates destined to take a loss.