Welcome to my Fx Prog Review. There has been some vibe about this company called Fx Prog,so I decided to find out what the company was all about and do some research on the company.
You are probably here because you have heard of Fx Prog and want to find out if it is a legit company or a scam.
Here is a detailed review on the company Fx Prog and I would walk you through the Fx Prog company,the compensation plan,the products and the verdict.
FX Prog Review – The Company
Taking a look through FX Prog’s website, you won’t find any information in regards to who owns the company, where in the world it’s based out of, when it was founded, or anything along these lines.
A little more research reveals that the FX Prog website domain was registered privately as “fxprog.com” on the 19th of October 2017.
A UK incorporated certificate for “FX Prog Limited” lists the day of incorporation as the 23rd of October with an address located in London and Adam Paul registered as the sole Director of the company.
FX Prog Review – The Products
FX Prog has no retail services or products for company affiliates to sell or purchase.
Not a single thing is being marketed or sold to retail customers, and because of this, affiliates only have the affiliate membership to offer to those looking to join a new income opportunity.
However, affiliates who sign up with FX Prog can market the affiliate membership.
The FX Prog Compensation Plan
Affiliates who want to take part in the company compensation plan must sign up and invest funds into the company.
When company affiliates invest capital (funds) they do so on the agreement of a promoted ROI (return on investment) from the company on a daily basis.
· Invest $10 to $50,000 and receive a 10% daily ROI for 15 days (150%)
· Invest $500 to $50,000 and receive a 12.5% daily ROI for 10 days (125%)
· Invest $1000 to $50,000 and receive a 22% daily ROI for 5 days (110%)
Paid down 3 levels of sponsorship (unilevel), referral commissions are available on the capital (funds) invested by sponsored affiliates:
· Level 1 (personally sponsored affiliates) – 7%
· Level 2 – 2%
· Level 3 – 1%
To increase the money that’s earned here, affiliates also have the opportunity to earn on referral commissions that are paid when an existing member recruits someone else that also chooses to invest.
With FX Prog, 7% is paid on level one recruits, level two pays 2%, and you’ll get just 1% from level three members in your downline.
Cost To Join FX Prog
The cost to join FX Prog as an affiliate is free.
Although, affiliates must invest $10 to be able to fully participate in the business opportunity and its company compensation plan.
Is FX Prog Actually Legit Or A Scam?
FX Prog is actually legit and not a scam. However to be successful in FX Prog or any network marketing company out there it would depend on your lead generation technique, your ability to recruit and your marketing techniques.
Verdict on FX Prog
Per FX Prog’s website, the company can offer its daily ROI thanks to a “professional forex & stocks management team.”
FX Prog goes on to say that it has “many years of experience” in addition to “good reputation and popularity.”
“Good reputation and popularity” after launching just last month? Sure.
At the end of the day, FX Prog is nothing more than another Ponzi scheme that’s trying to solicit money from unsuspecting victims.
The majority of people that divide to throw money into this opportunity will end up losing out, and only the anonymous admin(s) behind this setup will earn anything of true value.
The company isn’t clear on who runs it,they don’t have any retail products/services for sale…
And they promise ROI’s which is imposssible to do if they are indeed trading etc.
What is happening here is newly invested funds are paying off existing members that makes this a ponzi…
Anyway, I hope you enjoyed my FX Prog review and if you have any questions please leave them in the comments below…