Shortly after the FX Trading Corp Ponzi scheme collapsed, the F2 Trading Corp reboot was announced.

Central to the scheme is Phillip Han, who on Facebook identifies himself as FX Trading Corp’s Global Master Distributor.

Whether Han had a hand in running FX Trading Corp and/or who he worked with is unclear.

What is clear is he made a ton of money ripping of Brazilians and, through F2 Trading Corp, is hoping to do it again.

Phillip Han is based out of Brazil itself.

Prior to getting involved in crypto scams, Han (right) was a Jeunesse distributor.

Right now F2 Trading Corp doesn’t exist beyond a dodgy Telegram group, list of scammers who’ve already signed up and compensation plan.

The good news is that’s all we need to review the company.

Read on for a full review of the F2 Trading Corp MLM opportunity.

F2 Trading Corp’s Products

F2 Trading Corp has no retailable products or services, with affiliates only able to market F2 Trading Corp affiliate membership itself.

F2 Trading Corp’s Compensation Plan

F2 Trading Corp affiliates invest funds on the promise of an up to 3% daily return for 200 days.

  • F100 – $100
  • F300 – $300
  • F500 – $500
  • F1000 – $1000
  • F3000 – $3000
  • F5000 – $5000
  • F10000 – $10,000
  • F20000 – $20,000
  • F30000 – $30,000
  • F50000 – $50,000

A 6% referral commission is paid on funds invested by personally recruited affiliates.

Withdrawal Restrictions

F2 Trading Corp affiliates are restricted from withdrawing any more than

  • 15% of daily returns/commissions
  • 10% of weekly returns/commissions
  • 7% of returns/commissions earned over a rolling 15 day period
  • 3% of returns/commissions earned over a rolling thirty day period

Residual Commissions (investment)

To qualify for residual investment commissions, an F2 Trading Corp affiliate must invest themselves and recruit two investing affiliates.

F2 Trading Corp 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 F2 Trading Corp tallies up new investment volume on both sides of the binary team.

Affiliates are paid an 8% residual commission on funds matched on both sides of the binary team.

Once paid out on volume is flushed from both sides of the binary team. Any leftover volume on the stronger binary team side is carried over into the following day.

Note that residual commissions are capped at $30,000 a day.

Residual Commissions (daily returns)

F2 Trading Corp pays residual commissions on returns 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.

F2 Trading Corp caps a 2% residual commission on returns at ten unilevel team levels.

How many levels an F2 Trading Corp affiliate earns residual return commissions is determined by the following criteria:

  • Star 1 – generate $3000 in accumulated weaker binary team side volume and qualify for level 1
  • Star 2 – generate $10,000 in accumulated weaker binary team side volume and qualify for levels 1 and 2
  • Star 3 – generate $30,000 in accumulated weaker binary team side volume and qualify for levels 1 to 3
  • Star 4 – generate $50,000 in accumulated weaker binary team side volume and qualify for levels 1 to 4
  • Star 5 – generate $300,000 in accumulated weaker binary team side volume and qualify for levels 1 to 5
  • Star 6 – generate $700,000 in accumulated weaker binary team side volume and qualify for levels 1 to 6
  • Star 7 – generate 2,000,000 in accumulated weaker binary team side volume and qualify for levels 1 to 7
  • Star 8 – generate $5,000,000 in accumulated weaker binary team side volume and qualify for levels 1 to 8
  • Star 9 – generate $8,000,000 in accumulated weaker binary team side volume and qualify for levels 1 to 9
  • Star 10 – generate $20,000,000 in accumulated weaker binary team side volume and qualify for levels 1 to 10

Star Rank Rewards

Starting at Star 6 (qualification criteria above), F2 Trading Corp rewards affiliates with the following bonuses:

  • qualify at Star 6 and have two personally recruited Star 1 or higher ranked affiliates = a Rolex Submariner watch
  • qualify at Star 7 and have two personally recruited Star 2 or higher ranked affiliates = “international travel with someone”
  • qualify at Star 8 and have two personally recruited Star 3 or higher ranked affiliates = a Toyota Camry car
  • qualify at Star 9 and have two personally recruited Star 4 or higher ranked affiliates = a Mercedes E-Class luxury car
  • qualify at Star 10 and have two personally recruited Star 5 or higher ranked affiliates = a Ferrari or Lamborghini luxury car
  • qualify at Black Star ($80,000,000 in accumulated weaker binary team side volume) and have two personally recruited Star 10 or higher ranked affiliates = a yacht
  • qualify at Diamond Star ($200,000,000 in accumulated weaker binary team side volume) and have two personally recruited Black Star or higher ranked affiliates = $5,000,000

Joining F2 Trading Corp

F2 Trading Corp affiliate membership is tied to a $100 to $50,000 investment.

Conclusion

F2 Trading Corp is literally the same FX Trading Corp Ponzi scam with a different name.

It should be obvious that the same scammers are behind both companies, which makes due-diligence pretty easy.

F2 Trading Corp claims to generate external ROI revenue through trading bots.

We are an intelligent platform and we have a robot able of make thousands of daily operations with bitcoin and ethereum, our exchange has a database with more than 1,500,000 users.

This is of course baloney. F2 Trading Corp doesn’t have a bot any more than FX Trading Corp did.

Furthmore F2 Trading Corp’s business model fails the Ponzi logic test.

If Phillip Han and his co-conspirators actually had a bot capable of generating consistent returns of up to 3% a day, obviously they’d just run it themselves.

All F2 Trading Corp does is recycle newly invested funds to pay existing investors, making it a Ponzi scheme.

FX Trading Corp hit critical mass within a year and following regulatory warnings from Brazil and Spain, Han and his co-conspirators exit-scammed in late June.

In the aftermath of FX Trading Corp’s collapse, Han is believed to have fled to Dubai to enjoy his victim’s money.

Here he is a mere few weeks later, with an identical scam ready to roll out.

As with all MLM Ponzi schemes, the inevitable collapse results in the majority of participants losing money.

Just ask the majority of FX Trading Corp investors – though you might have to brush up on your Portuguese first.