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

The only point of contact provided is a shady Telegram group. The admin of Introax’s Telegram group is someone going by the alias “Steve Law”.

Introax has a YouTube channel, on which there’s one official marketing video. It’s a stock footage with voiceover affair typical of MLM scams.

Introax’s website domain (“”), was privately registered on January 6th, 2022.

In an attempt to appear legitimate, Introax provides a UK incorporation certificate for Introax LTD.

Introax LTD was incorporated on January 18th, 2022.

An MLM company operating or claiming to operate out of the UK is a red flag.

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.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.

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.

Introax’s Products

Introax has no retailable products or services.

Affiliates are only able to market Introax affiliate membership itself.

Introax’s Compensation Plan

Introax affiliates invest funds on the promise of daily returns of up to 5%.

  • Lite Plan – invest $25 or more and receive 4% a day for 30 days
  • Pro Plan – invest $3001 or more and receive 4.5% a day for 40 days
  • Expert Plan – invest $10,001 or more and receive 5% a day for 50 days

Introax pays referral commissions on invested funds down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 5%
  • level 2 – 3%
  • level 3 – 1%

Joining Introax

Introax affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $25 investment in USD or cryptocurrency.

Introax Conclusion

Introax represents it generates ROI revenue via unspecified trading.

All you have to do is invest in our platform. We trade for you. This is our job.

This claim fails the Ponzi logic test.

Anyone capable of legitimately generating a consistent 5% a day isn’t giving away access for free.

Not withstanding Introax’s passive investment opportunity constitutes a securities offering, and Introax isn’t registered to offer securities in any jurisdiction.

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

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

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

This will starve Introax of ROI revenue, eventually causing a collapse.

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


Update 3rd February 2022 – Introax appears to have collapsed at the end of January.