My Forex Freedom fails to provide ownership or executive information on its website.

My Forex Freedom’s website domain (“myfxfreedom.com”), was privately registered on July 14th, 2025.

If we click on My Forex Freedom’s website support button, we find a profile photo matching Calvin Harvey:

Harvey, who also goes by “richoff_pips”, appears on My Forex Freedom marketing webinars but doesn’t acknowledge ownership of the company.

Harvey appears to be based out of Michigan and also runs the HustleOS marketing platform.

As opposed to My Forex Freedom, Harvey doesn’t shy away from claiming ownership of HustleOS:

In 2016 BehindMLM Harvey as co-admin of the Reverse Commissions MLM gifting scheme. Before that, circa 2014, Harvey was a promoter of the collapsed RE247365 pyramid scheme.

Whatever Harvey was up to between 2016 and around 2024 has been deleted off the internet. Harvey’s current social media profiles have been scrubbed back to mid 2024.

Shortly after Harvey jumped on the AI grift bandwagon.

Around mid 2025, Harvey reinvented himself again as a trading bro.

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.

My Forex Freedom’s Products

My Forex Freedom has no retailable products or services.

Promoters are only able to market My Forex Freedom promoter membership itself.

My Forex Freedom’s Compensation Plan

My Forex Freedom promoters fund an Xtreme Markets broker account with at least $500.

This is done on the promise of passive returns, purportedly generated via an automated forex trading bot.

Note My Forex Freedom does not disclose the origins of its trading bot on its public-facing website.

My Forex Freedom promoters are charged a 50% fee on purported profits generated by its forex trading bot.

The MLM side of My Forex Freedom pays on recruitment of promoters and fees they pay.

Recruitment Commissions

My Forex Freedom pays recruitment commissions down two levels of recruitment (unilevel):

  • level 1 (personally recruited promoters) – 25%
  • level 2 – 25%

For unilevel team details, see “Trading Commissions” below.

Trading Commissions

My Forex Freedom pays commissions on trading fees via a unilevel compensation structure.

A unilevel compensation structure places a promoter at the top of a unilevel team, with every personally recruited promoter placed directly under them (level 1):

If any level 1 promoters recruit new promoters, they are placed on level 2 of the original promoter’s unilevel team.

If any level 2 promoters recruit new promoters, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

My Forex Freedom caps payable unilevel team levels at five.

Trading fee commissions are paid as follows:

  • level 1 (personally recruited promoters) – $9 per trading lot
  • levels 2 to 5 – $1 per trading lot

Note My Forex Freedom does not disclose trading lot fees on their public-facing website.

Additional Commissions

My Forex Freedom provides access to various lead generation tools. Commissions are paid out on access to these tools but this is external to My Forex Freedom itself.

In any event, My Freedom Forex does not disclose commissions attached to third-party services on its public-facing website.

Joining My Forex Freedom

My Forex Freedom does not disclose joining costs on its public-facing website.

As per an offsite marketing webinar, costs associated with joining My Forex Freedom are:

  • Micro Pip Plan – $50 and then $50 a month
  • Pip Plan – $150 and then $150 a month
  • Lot Plan – $300 and then $300 a month

All joining options provide access to My Forex Freedom’s trading bot opportunity. The more a My Forex Freedom pays in membership fees, the more AI marketing tools they receive access to.

Note My Forex Freedom does not disclose the origin of bundled marketing tools on its public-facing website.

My Forex Freedom Conclusion

My Forex Freedom combines pyramid fraud with commodities fraud and securities fraud. This is done through a typical “lulz can’t touch our money!” MLM trading opportunity.

With nothing marketed or sold to retail customers, the MLM side of My Forex Freedom operates as a pyramid scheme.

In offering US resident consumers access to an automated trading system, My Forex Freedom and its trading broker are required to register with the CFTC.

Neither My Forex Freedom or Calvin Harvey are registered with the CFTC.

My Forex Freedom’s trading broker is Xtreme Markets. Xtreme Markets is set up as your typical broker operating illegally.

Xtreme Markets is owned by person(s) unknown. The broker is registered as a BVI shell company purportedly registered with Mauritius’ Financial Services Commission.

In addition to the BVI shell company being an instant red flag, Xtreme Markets is operating illegally outside of Mauritius (and that’s only assuming the FSC registration isn’t filled with bogus details).

By failing to register with the CFTC, My Forex Freedom, Calvin Harvey and Xtreme Markets are committing commodities fraud.

Secondary to that we also have securities fraud. This is rooted in My Forex Freedom’s trading opportunity being an investment contract.

Before we get into investment contract specifics, here’s an example of Calvin Harvey himself marketing My Forex Freedom as a way to passively receive $50,000 off a $500 investment in 48 months:

Here’s another example of Harvey pitching consumers on a $50,000 ROI off a $37 investment:

And finally, here’s a marketing pitch for My Forex Freedom from Harvey himself;

[24:11] So everything that we’re doing, everything that we’ve built is with the mindset to get people as much money as possible.

Help them earn as much money as possible to compound until this $50,000 account. It’s lifechanging.

If you guys can drop in the chat some 1s, if $5000 a month would be lifechanging for you. Passively.

Like $5000 a month that you didn’t have to get up and do anything for. It just came to you every single month and you did no work.

To determine the existence of an investment contract in My Forex Freedom we apply the Howey Test;

The test of whether there is an “investment contract” under the Securities Act is whether the scheme involves an investment of money in a common enterprise with profits to come solely from the efforts of others.

In My Forex Freedom we have:

  1. consumers investing $500 or more with a broker (an investment into a common enterprise);
  2. the investment is made with the expectation of profits (see ROI marketing examples above); and
  3. profits are purportedly derived through an AI trading bot of undisclosed origin (“the efforts of others”)

Having established My Forex Freedom’s trading opportunity as a securities offering, it might come as no surprise to learn that neither My Forex Freedom, Calvin Harvey or Xtreme Trading are registered with the SEC.

This would require several disclosures, as well as audited financial reports proving purported profits are actually being generated via trading.

In addition to being a legal requirement, there is no substitute for this in order for My Forex Freedom to operate legally.

On disclosures, My Forex Freedom potentially violates the FTC Act by

  • failing to provide ownership and/or executive information on its website
  • failing to disclose who created My Forex Freedom’s purported AI trading bot and provide consumers a detailed executive history including relevant experience and qualifications;
  • failing to disclose My Forex Freedom participation costs on its website
  • failing to disclose trading fee costs on its website
  • failing to disclose ownership and/or executive information for its Xtreme Trading partner broker and
  • failing to disclose all applicable fees payable via participation in My Forex Freedom

These are secondary to My Forex Freedom participating in commodities and securities fraud, but are still due-diligence red flags.

Under the “lulz can’t touch our money!” business model, MLM companies represent that consumers funds are safe because they are traded in their own broker/exchange accounts.

This is false. Typically “lulz can’t touch our money!” schemes exit-scam through blowing the bot up or rigged trades.

Undermining every “lulz can’t touch our money!” scheme is the fact that, if the purported trading was profitable in the long-term, scammers would just deploy the trading for themselves.

Pending My Forex Freedom trading losses will be in addition to funds lost through its pyramid scheme. This will affect the majority of My Forex Freedom promoters, on top of its pyramid scheme inevitably collapsing.