FCML provides no information on its website about who owns or runs the company.

FCML’s website domain (“fcml.ltd”) was privately registered on February 18th, 2020.

In an attempt to appear legitimate, FCML provides a UK incorporation number corresponding to “Forex Capital Marketing Limited”.

Forex Capital Markets Limited was incorporated in September 2000. Whether the incorporation has anything to do with FCML is unclear.

UK incorporation is dirt cheap and effectively unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

FCML’s “about us” pitch struck me as a little odd;

FCML LTD trading is a community of several people united by the love of mankind, wealth building, excitement and money.

I punched “community of several people united by the love of mankind” and found the same copy used on Bit Xchange, International Relieve Trade Group and Oduwa Coin.

Bit Xchange appears to be a 1:1 clone of FCML. Bit Xchange’s website domain was registered last August.

Based on Alexa traffic estimates, Bit Xchange has long-since collapsed.

International Relieve Trade Group is a Ponzi scheme advertising monthly returns of up to 75%.

Oduwa Coin is a pump and dump shitcoin that launched last year.

OWC pumped to $1.30 when it was publicly listed on an exchange in February 2019. It dumped and then flatlined in value at ~14 cents since last August.

Bit Xchange definately appears to be linked to FCML. Whether Relieve Trade and Oduwa Coin are linked or just had their websites scraped I can’t say.

In any case, FCML is either run by content thieves, serial scammers or both.

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.

FCML’s Products

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

FCML’s Compensation Plan

FCML affiliates invest funds on the promise of advertised daily returns.

  • Basic – invest $50 to $199 and receive 3% a day for 100 days
  • Standard – invest $200 to $499 and receive 5% a day for 100 days
  • Premium – invest $500 to $1999 and receive 6% a day for 100 days
  • Gold – invest $2000 to $4999 and receive 8% a day for 100 days
  • Diamond – invest $5000 to $6900 and receive 10% a day for 100 days
  • Bonus – invest $7000 to $200,000 and receive 13% a day for 100 days

Referral Commissions

FCML pays referral commissions 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.

FCML caps payable unilevel team levels at eight.

Referral commissions are paid out as a percentage of funds invested across these eight levels as follows:

  • level 1 (personally recruited affiliates) – 8%
  • level 2 – 5%
  • level 3 – 4%
  • level 4 – 3%
  • level 5 – 2%
  • levels 6 to 8 – 1%

Joining FCML

FCML affiliate membership is free.

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


FCML claims to generate external revenue via trading.

Our experience in trading Forex and commodities is very decent and cryptocurrency-related.

No evidence of trading taking place is provided. Nor is there any evidence showing external revenue of any kind is actually being used to pay advertised returns.

FCML’s business model also fails the Ponzi logic test.

If FCML’s anonymous owners were really capable of generating a consistent 13% daily return, what do they need your money for?

Compounded, 13% a day will turn any amount into a fortune over a short period of time.

And this becomes all the more farcical upon consideration FCML claims to ‘have been trading for a few years’.

As it stands the only verifiable source of revenue entering FCML is new investment.

Using new investment to pay existing affiliates a daily return of up to 13% makes FCML a Ponzi scheme.

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

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

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