CyroFX fails to provide verifiable ownership or executive information on its website.

CyroFX does provide executive information on its website, but the individuals don’t exist and are represented by AI generated avatars.

Over on CyroFX’s official YouTube channel we have actors in rented offices with eastern European accents.

CyroFX’s website domain (“cyrofx.com”), was privately registered on August 30th, 2022.

In an attempt to appear legitimate, CyroFX provides corporate addresses in the US, Hong Kong and New Zealand on its website.

The US address belongs to a shell company merchant. The Hong Kong address belongs to a software firm. The New Zealand address is a random office building that has nothing to do with CyroFX.

Corresponding with its purported US and Hong Kong corporate addresses are associated CyroFX shell company certificates.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

It is unlikely CyroFX has any actual ties to the US, Hong Kong or New Zealand.

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.

CyroFX’s Products

CyroFX has no retailable products or services.

Affiliates are only able to market CyroFX affiliate membership itself.

CyroFX’s Compensation Plan

CyroFX affiliates invest funds on the promise of advertised returns:

  • Consistent – invest $50 to $9999 and receive 1.33% a day for 166 days
  • Moderate – invest $10,000 to $24,999 and receive 1.66% a day for 166 days
  • Dynamic – invest $100 to $24,999 and receive 1.25% to 1.85% a day for 144 days
  • Prime – invest $25,000 to $49,999 and receive 1.99% a day for 166 days
  • Elite – invest $50,000 to $100,000 and receive 2.33% a day for 166 days

The MLM side of CyroFX pays on recruitment of affiliate investors.

Referral Commissions

CyroFX pays a referral commission on funds invested by personally recruited affiliates.

Referral commission rates are determined by how much a CyrfoFX affiliate has invested:

  • Consistent, Moderate and Dynamic tier affiliates earn an 8% referral commission rate
  • Prime and Elite tier affiliates earn a 9% referral commission rate

Residual COmmissions

CyroFX pays residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each day CyroFX tallies up new investment volume on both sides of the binary team.

Affiliates are paid a 9% commission on funds generated on their weaker binary team side.

Note that CyroFX caps residual commissions based on how much an affiliate has invested:

  • Consistent tier affiliates are capped at $1000 a day
  • Moderate tier affiliates are capped at $2500 a day
  • Dynamic tier affiliates are capped at $3000 a day
  • Prime tier affiliates are capped at $5000 a day
  • Elite tier affiliates are capped at $10,000 a day

Once paid out on, funds are matched against the stronger binary team side and flushed. Leftover volume on the stronger binary team side carries over.

Capitalist Bonus

CyroFX affiliates who invest $15,000 receive Capitalist status.

Capitalist CyroFX affiliates receive:

  • a 1.5% bonus on regional investment
  • a reduced 5% withdrawal fee
  • a bonus $4000 on the daily residual commission cap
  • a 25% ROI on self investment
  • $150 a month

Venture Capitalist Bonus

CyroFX affiliates who invest $50,000 receive Venture Capitalist status.

Venture Capitalist CyroFX affiliates receive:

  • a 3% bonus on regional investment
  • a reduced 4% withdrawal fee
  • a bonus $12,500 on the daily residual commission cap
  • a 25% ROI on self investment
  • $500 a month

Joining CyroFX

CyroFX affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $50 investment.

CyroFX solicits investment in USD (PerfectMoney) and various cryptocurrencies.

CyroFX Conclusion

CyroFX represents it generates external revenue via “strategic investing”.

Step into a world of financial possibilities and start earning profits on your investments today.

Seize the opportunity to harness the power of indices and watch your investments flourish.

Join us now to experience the rewards of smart, strategic investing.

CyroFX represents it invests affiliate funds into stocks, forex and crypto indices.

No evidence of CyroFX being engaged in any external revenue generation is provided.

Furthermore, CyroFX’s business model fails the Ponzi logic test.

If CyroFX is already able to to legitimately generate 2.33% a day on a consistent basis, what do they need your money for?

On the regulatory front CyroFX’s passive returns investment scheme constitutes a securities offering. The trading of commodities also requires CyroFX to register as a commodities broker.

As of April 2024, SimilarWeb tracked top sources of traffic to CyroFX’s website as the US (64%, down 42% month on month), Denmark (20%) and India (16%).

Securities in the US are regulated by the SEC. Commodities trading is regulated by the CFTC.

CyroFX is registered with neither, meaning the company is committing securities and commodities fraud in its largest investor market.

Similarly, CyroFX fails to provide evidence it has registered with regulators in Denmark and India either.

As it stands, the only verifiable source of revenue entering CyroFX is new investment. Using new investment to pay affiliate withdrawals would make CyroFX a Ponzi scheme.

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

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

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

 

Update 5th June 2024 – CyroFX has collapsed. As at the time of this update CyroFX’s website and social media profiles have been deleted.