Reyana Meta FX Review: Daily returns forex ruse Ponzi
Reyana Meta FX fails to provide ownership or executive information on its website.
Reyana Meta FX’s website domain (“reyanametafx.com”), was privately registered on July 16th, 2023.
In researching this review, I noted most of the Reyana Meta FX marketing appears to target Bangladesh.
This suggests Reyana Meta FX might be run from Bangladesh, or at the very least is focusing promotional efforts there.
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.
Reyana Meta FX’s Products
Reyana Meta FX has no retailable products or services.
Affiliates are only able to market Reyana Meta FX affiliate membership itself.
Reyana Meta FX’s Compensation Plan
Reyana Meta FX affiliates invest $50 or more on the promise of a 2% to 3% daily return.
The daily return rate is increased to 2% to 4% if an affiliate recruits five affiliates.
Apparently Reyana Meta FX affiliates have to log in daily to trigger their ROI payout.
The MLM side of Reyana Meta FX pays on recruitment of affiliate investors.
Reyana Meta FX Affiliate Ranks
There are three affiliate ranks within Reyana Meta FX’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Ruby – recruit ten affiliates and have three recruitment legs of at least $2500 downline investment volume (remaining legs must also combine to $2500 or more)
- Emerald – recruit fifteen affiliates and have three recruitment legs of at least $5000 downline investment volume (remaining legs must also combine to $5000 or more)
- Diamond – recruit twenty affiliates and have three recruitment legs of at least $10,000 downline investment volume (remaining legs must also combine to $10,000 or more)
Referral Commissions
Reyana Meta FX pays a 5% referral commission on funds invested by personally recruited affiliates.
Residual Commissions
Reyana Meta FX pays residual commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Reyana Meta FX caps payable unilevel team levels at five.
Residual commissions are paid out either as a percentage of funds invested or the daily return paid affiliates across these five levels as follows:
- level 1 (personally recruited affiliates) – 15%
- level 2 (must recruit two affiliates to qualify) – 10%
- level 3 (must recruit four affiliates to qualify) – 7%
- level 4 (must recruit six affiliates to qualify) – 5%
- level 5 (must recruit eight affiliates to qualify) – 3%
Note that it’s unclear whether residual commissions are paid on initial investment or the daily return (Reyana Meta FX hide their compensation plan from the public).
Rank Achievement Bonus
Reyana Meta FX rewards affiliates for qualifying at Ruby and higher with a monthly Rank Achievement Bonus:
- qualify at Ruby and receive $500 a month
- qualify at Emerald and receive $1000 a month
- qualify at Diamond and receive $2000 a month
Joining Reyana Meta FX
Reyana Meta FX affiliate membership is free.
Reyana Meta FX Conclusion
Reyana Meta FX pitches itself as a “trustful forex trading platform”.
In reality, Reyana Meta FX gives no reason for consumers to trust it with anything. As previously pointed out, Reyana Meta FX hides ownership, executive and compensation information from consumers.
These are major red flags that should not be ignored.
Another minor red flag is most of the links of Reyana Meta FX’s website not working. This suggests the website was hastily put together.
With respect to Reyana Meta FX’s ROI ruse, there is no provided evidence of trading revenue funding withdrawals.
Reyana Meta FX’s passive returns investment opportunity constitutes a securities offering. This requires Reyana Meta FX to register with financial regulators.
Reyana Meta FX fails to provide evidence it has registered with financial regulators in any jurisdiction. This means that, at a minimum, Reyana Meta FX is committing securities fraud.
As it stands, the only verifiable source of revenue entering Reyana Meta FX is new investment.
Using new investment to pay affiliate withdrawals would make Reyana Meta FX a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Reyana Meta FX of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.