Futures Trade provides no information on their website about who owns or runs the company.

Futures Trade’s website domain (“futurestrade.io”), was privately registered on November 6th, 2021.

Futures Trade’s official marketing presentation was authored by Aziz Samoon on January 2nd, 2022.

Samoon (right) owns Visionitive Media, a “social media and digital marketing agency” based out of Dubai.

Other names attached are the three admins of the official Futures Trade’s FaceBook group; John Botting, Alonso Alonso and Dylan Carnell.

According to his FaceBook profile, John Botting (right) is from the UK.

Botting first taste of cryptocurrency fraud appears to have been iHub Global mid last year.

In October 2021 Botting tried Lifevantage:

That doesn’t seem to have worked out.

Alonso Alonso is a career scammer from Milwaukee, Wisconsin.

BehindMLM last came across Alonso in relation to Up2Give, a 2019 bitcoin gifting scheme.

Perusal of Alonso’s FaceBook profile reveals he’s still neck-deep in fraud.

Dylan Carnell is from Manchester in the UK. He’s currently hiding out in Bali, Indonesia.

In official marketing videos, Carnell introduces himself as CEO of Futures Trade.

Carnell’s digital footprint prior to FuturesTrade is virtually non-existent, which I’m flagging as suspicious.

On the money side of things Carnell is laundering invested funds through the UK shell company Futures Trade Holdings LTD.

Futures Trade Holdings LTD was incorporated November 25th, 2021.

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.

Read on for a full review of Futures Trade’s MLM opportunity.

Futures Trade’s Products

Futures Trade has no retailable products or services.

Affiliates are only able to market Futures Trade affiliate membership itself.

Futures Trade’s Compensation Plan

Futures Trade affiliates invest cryptocurrency on the promise of an advertised daily return.

  • Trading Package 1 – invest $50 or more and receive 1% a day for 20 days (120% ROI)
  • Trading Package 2 – invest $1000 or more and receive 2% a day for 25 days (150% ROI)
  • Trading Package 6 – invest $3000 or more and receive 3% a day for 30 days (190% ROI)
  • Trading Package 6 – invest $30,000 or more and receive 150% after 6 days

The MLM side of Futures Trade pays on recruitment of affiliate investors.

Futures Trade Affiliate Ranks

There are four affiliate ranks within Futures Trade’s compensation plan.

Along with their respective qualification criteria, they are as follows:

  • Beginner – sign up as a Futures Trade affiliate
  • Representative – generate $5000 in downline investment volume
  • VIP – generate $25,000 in downline investment volume
  • Elite – generate $100,000 in downline investment volume

Referral Commissions

Futures Trade 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.

Futures Trade caps payable unilevel team levels at six.

Referral commissions are paid out as a percentage of funds invested across these six levels based on rank:

  • Beginners earn 6% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on levels 3 and 4
  • Representatives earn 7% on level 1, 3% on level 2 and 1% on levels 3 to 5
  • VIPs earn 9% on level 1, 3% on level 2 and 1% on levels 3 to 5
  • Elites earn 10% on level 1, 4% on level 2, 2% on levels 3 and 4 and 1% on levels 5 and 6

Joining Futures Trade

Futures Trade affiliate membership is free.

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

Futures Trade solicits investment in USD and bitcoin.

Futures Trade Conclusion

Futures Trade markets “risk free passive income”, purportedly derived through an “experienced traders team”.

No verifiable evidence of trading correlating to Futures Trade affiliate withdrawals is provided.

Futures Trade’s business model also fails the Ponzi logic test. If Dylan Carnell, some random guy living in Indonesia, was capable of generating 150% every 6 days through trading, he’d be doing that and shutting up about it.

It makes no sense to sell access to the golden goose for as little as $50.

Despite clearly offering a passive investment opportunity, Carnell fails to provide evidence he has registered Futures Trade with financial regulators in any jurisdiction.

At time of publication Alexa ranks the US as the largest source of traffic to Futures Trade’s website (57%).

Securities in the US are regulated by the SEC. Carnell failing to register Futures Trade with the SEC constitutes securities fraud.

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

Using new investment to pay daily returns makes Futures Trade a Ponzi scheme.

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

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

In a since deleted YouTube video uploaded on January 14th, Carnell detailed Futures Trade withdrawal problems.

A few days later Carnell introduced Futures Trade’s $30,000 Trading Package 6 investment tier.

Why should be obvious.

 

Update 23rd January 2022 – Futures Trade has further restricted withdrawals and introduced a new 200% plan.

 

Update 24th January 2022 – Futures Trade’s Dylan Carnell has been outed as UK resident Daniel Clayton.

 

Update #2 24th January 2022 – Futures Trade has collapsed, with owner Daniel Clayton pulling a blockbuster five-part exit-scam.

 

Update 6th March 2022 – Futures Trade scammers are trying to milk victims further with their LogicBitInvest reload scam.