FX Value Trade Review: Faceless trading opp
FX Value Trade provides no information on its website about who owns or runs the company.
FX Value Trade’s website domain (“fxvaluetrade.com”) was privately registered on May 8th, 2020.
In an attempt to appear legitimate, FX Value Trade provides a corporate address in California on its website.
Research reveals this address is shared with multiple trading companies. This suggests whoever is running FX Value Trade has attempted to launch multiple businesses in the same niche.
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.
FX Value Trade’s Products
FX Value Trade markets five trading account tiers:
- Cent Account – deposit at least $250
- Micro Account – deposit at least $500
- Standard Account – deposit at least $1000
- Zero Account – deposit at least $2000
- ECN Account – deposit at least $5000
As far as I can tell FX Value Trade accounts only offer manual trading. Cryptocurrency is also supported.
FX Value Trade’s Compensation Plan
FX Value Trade pays commissions on trading activity down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 100%
- level 2 – 15%
- level 3 – 5%
Stated commission per downline trade is “up to $80 per each lot traded by your client”.
Joining FX Value Trade
FX Value Trade affiliate membership appears to be free.
Sign up to a faceless company and deposit thousands of dollars to trade with?
FX Value Trade’s retail trading offering leaves a lot to be desired.
I’m not a trading expert so I can’t speak to the technicalities, save to say the supported platforms, MetaTrader 4 and MetaTrader 5 are common enough.
Ultimately however there’s no way I’m handing any money over to a newly created low-effort website run by persons unknown.
I imagine I’m not alone, meaning getting people to actually trade through FX Value Trade is a hopeless proposition.
Which in turn leaves FX Value Trade’s MLM opportunity dead in the water.