Trade For change operates in the forex trading MLM niche.

In its marketing, Trade For Change cites “William Coyle” as its CEO:

On LinkedIn Coyle represents he’s based out of Costa Rica.

If the information in Coyle’s profile is to be believed, he’s a failed crypto bro with a background in marketing.

“Kam” corresponds with Kam Salami, co-founder and CEO of the marketing firm MySway.

Nicholas Carrier, along with Salami, is a co-founder of Rizen.

Rizen sells AI avatars for influencers.

As per their respective social media profiles, William Coyle and Nick Carrier are based out of Costa Rica. Kam Salami is from Canada.

Trade For Change’s website domain (“tradeforchange.net”), was privately registered on January 25th, 2024.

Read on for a full review of Trade For Change’s MLM opportunity.

Trade For Change

Trade For Change has no retailable products or services.

Affiliates are only able to market Trade For Change affiliate membership itself.

Trade For Change’s Compensation Plan

Trade For Change affiliates invest funds under the control of Trade For Change. This is done on the promise of a “10-20% monthly profit target” ROI.

The MLM side of Trade For Change pays on recruitment of affiliate investors and generated returns.

Trade For Change affiliates earn a referral commissions down two levels of recruitment (unilevel).

  • level 1 – $65 per affiliate recruited (personally recruited affiliates)
  • level 2 – $100

ROI Match

Trade For Change affiliates earn a 10% ROI match on personally recruited affiliates. A 20% match is paid on level 2.

Joining Trade For Change

Trade For Change affiliate membership is $333.

Trade For Change Conclusion

Trade For Change is a combination of securities, commodities fraud and wire fraud.

Securities and Commodities fraud exist by way of Trade For Change soliciting investment on the promise of passive returns, purportedly derived via commodities trading.

Trade For Change fails to provide evidence it has registered its passive returns investment opportunity in any jurisdiction.

Seemingly aware of its fraud and not willing to go toe to toe against active securities and commodities fraud regulation, Trade For Change’s website states:

We do not directly solicit U.S.A., U.K. and Canadian based clients.

This suggests Trade For Change still indirectly solicits investment from US, UK and Canadian investors.

Regardless, Trade For Change operates illegally in every country with a regulated financial market.

Meanwhile, with nothing marketed or sold to retail customers, the MLM side of Trade For Change operates as a pyramid scheme.

Typically trading bot MLM schemes explode through a series of bad or rigged trades (in favor of admins).

It’s been a while since we’ve seen one but some examples from the past include Akashx, EnviFX and Digital Profit.