NotchFX Trade Review: 220% a day Ponzi by serial-scammers
NotchFX Trade provides no verifiable information on its website about who owns or runs the company.
NotchFX Trade’s website domain (“notchfxtrade.com”), was privately registered on September 12th, 2021.
Despite only existing since 2021, NotchFX Trade falsely claims it has been “running since” February 2017.
Janky English and the weird spelling of Dorothy…
…suggests NotchFX Trade is being run by a non-native English speaker.
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.
NotchFX Trade’s Products
NotchFX Trade has no retailable products or services.
Affiliates are only able to market NotchFX Trade affiliate membership itself.
NotchFX Trade’s Compensation Plan
NotchFX Trade affiliates invest funds on the promise of advertised returns:
- Basic – invest $500 to $4999 and receive 80% a day
- Standard – invest $5000 to $9999 and receive 150% a day
- Executive – invest $10,000 to $19,999 and receive 200% a day
- VIP – invest $20,000 to $50,000 and receive 220% a day
NotchFX Trade pays referral commissions on invested funds down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 10%
- level 3 – 15%
Joining NotchFX Trade
NotchFX Trade affiliate membership appears to be free.
Full participation in the attached income opportunity requires a minimum $500 investment.
NotchFX Trade Conclusion
NotchFX Trade represents it generates external revenue via trading.
NOTCH FX TRADE is an automatic online trading platform on stock and bitcoin, part of NOTCH FX TRADE team of professional traders focusing mainly on Stock and Bitcoin currencies trading over multiple Exchanges and markets.
No evidence of trading activity is provided. Nor is there any evidence of NotchFX Trade using any kind of external revenue to pay affiliate withdrawals.
NotchFX Trade’s business model also fails the Ponzi logic test.
Any company able to legitimately generate 220% a day on a consistent basis isn’t providing you access for free. They likely wouldn’t provide you access at all.
Anyone capable of doubling their money each day would quietly do so and keep it to themselves.
As it stands the only verifiable source of revenue entering NotchFX Trade is new investment.
Using new investment to pay affiliate ROI withdrawals makes NotchFX Trade a Ponzi scheme.
And for whoever is running NotchFX Trade, this doesn’t appear to be their first scam.
Perusal of NotchFX Trade’s website source-code reveals references to “swiftcryptotrade.com”:
“Swiftcryptotrade.com” was registered back in 2019. The domain is currently for sale.
Nothing appears to have ever been hosted on the domain, but there’s a chance it could be a planned reboot when NotchFX Trade is inevitably abandoned.
In the footer of NotchFX Trade’s website we find the design was copied from “universalcryptofx.com”:
This domain redirects to some scammy looking ecommerce comparison site.
Mid 2021, Universal Crypto FX was being used to host a Ponzi scheme:
Universal Crypto FX collapsed by the end of 2021.
It seems the scammers behind NotchFX Trade and other Ponzi schemes are just stringing together finance buzzwords to name their various scams.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve NotchFX Trade of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.