Gold Trade Limited Review: A 6.78% daily ROI “for lifetime”?
There is no information on the Gold Trade Limited website indicating who owns or runs the business.
GOLDTRADE LIMITED is backed by a professional and reliable management team that has years of combined experience in trading over a wide range of markets, focusing on gold and precious metals.
The Gold Trade Limited website domain was registered on the 16th of January 2016, however the domain registration is set to private.
A UK Companies House registration certificate for Gold Trade Limited is provided on the company’s website.
The registration record cites Sandor Marcel Rozsa as the sole Director of the company, with a service address in Hungary.
Possibly due to language barriers, I was unable to find any further information related to MLM on Rosza.
Of note is Rosza’s date of birth on the Gold Trade Limited website is cited as September, 1991.
A registration record for Rose Trading House uses the same Hungarian address provided in the Gold Trade Limited registration.
Sandor Rosza is listed as the sole Director of the company, however his birthdate is cited as November 1964.
There’s a possibility that Sandor Marcel Rozsa, as represented by Gold Trade Limited, doesn’t actually exist.
Supporting this is Sándor Rózsa perhaps not so coincidentally also being the name of ‘a legendary Hungarian outlaw‘.
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.
The Gold Trade Limited Product Line
Gold Trade Limited has no retailable products or services, with affiliates only able to market Gold Trade Limited affiliate membership itself.
The Gold Trade Limited Compensation Plan
The Gold Trade Limited compensation plan sees affiliates invest $10 to $3000 on the promise of a perpetual daily ROI.
How much of a ROI is paid out is determined by how long a Gold Trade Limited affiliate chooses to invest:
- 10 Karats plan – investment returned after 3 days and 2.08% daily ROI paid out “for lifetime”
- 12 Karats plan – investment returned after 6 days and 2.68% daily ROI paid out “for lifetime”
- 14 Karats plan – investment returned after 12 days and 3.57% daily ROI paid out “for lifetime”
- 18 Karats plan – investment returned after 20 days and 4.56% daily ROI paid out “for lifetime”
- 22 Karats plan – investment returned after 30 days and 5.55% daily ROI paid out “for lifetime”
- 24 Karats plan – investment returned after 45 days and 6.78% daily ROI paid out “for lifetime”
Referral commissions are paid out on funds invested by recruited affiliates, paid out down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- levels 2 and 3 – 1%
Joining Gold Trade Limited
Affiliate membership with Gold Trade Limited is free, however affiliates must invest at least $10 if they wish to participate in the attached MLM opportunity.
Gold Trade Limited has no verifiable source of revenue other than affiliate investment. The use of newly invested funds to pay off existing investors thus makes Gold Trade Limited a Ponzi scheme.
Hardly surprising when you consider the company is offering a daily ROI of up to 6.78 for life.
If Gold Trade Limited were able to generate a daily 6.78 ROI legitimately, even a small loan would yield vast riches within a short period of time.
The reality however is that when newly invested funds dry up, Gold Trade Limited will be unable to meet its advertised ROI obligations.
When that happens the scheme collapses, leaving most Gold Trade Limited affiliates with a loss.