AiProFX fails to supply possession or govt info on its web site.
AiProFX’s web site area (“aiprofx.com”), was first registered in November 2020. The non-public registration was final up to date on January thirtieth, 2023.
In an try to look official, AiProFX gives a company handle within the UK on its web site. This handle doesn’t seem to have something to do with AiProFX.
SimilarWeb at present ranks high sources of site visitors to AiProFX’s web site as Malaysia (93%) and the US (7%).
Whereas not conclusive, this strongly suggests whoever is operating YunikonFX is predicated out of Malaysia.
One factor to notice is references to YunikonFX on AiProFX’s web site:
YunikonFX is one other forex-themed Ponzi scheme, additionally suspected of being operated from Malaysia.
It’s extremely seemingly the identical individual or group of individuals operating YunikonFX are additionally behind AiProFX.
As at all times, if an MLM firm isn’t overtly upfront about who’s operating or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
AiProFX’s Merchandise
AiProFX has no retailable services or products.
AiProFX associates are solely capable of market AiProFX affiliate membership itself.
AiProFX’s Compensation Plan
AiProFX associates pay a price to realize entry to a passive funding alternative.
- Primary – $20 price helps you to make investments as much as $100
- Advance – $70 price helps you to make investments $100 to $1000
- Professional – $120 price helps you to make investments $100 to $2000
- Diamond – $400 price helps you to make investments $100 to $5000
- Emerald – $700 price helps you to make investments $100 to $10,000
AiProFX states associates can anticipate “a revenue vary between 8% to fifteen% or extra in a month.”
AiProFX affiliate charges are charged yearly, with a reduction utilized after the primary yr:
- 2nd yr affiliate price attracts a 20% low cost
- third yr affiliate price attracts a 30% low cost
- 4th and subsequent yr affiliate charges attracts a 50% low cost
The MLM facet of AiProFX pays on recruitment of affiliate buyers.
Referral Commissions
AiProFX associates earn 20% of charges paid by personally recruited associates.
Residual Commissions
AiProFX pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the high of a binary workforce, break up into two sides (left and proper):
The primary stage of the binary workforce homes two positions. The second stage of the binary workforce is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary workforce are generated as required, with every new stage housing twice as many positions because the earlier stage.
Positions within the binary workforce are crammed through direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary workforce can develop.
On the finish of every day, AiProFX tallies up new charges paid by associates recruited into the binary workforce.
Residual commissions are paid as 10% of charges paid on the weaker facet of the binary workforce.
Word that AiProFX caps how a lot will be earned in each day residual commissions, as 150% of how a lot an an affiliate has paid in charges.
E.g. For those who join on the Professional tier and pay $120, you’ll be able to earn $240 a day in residual commissions.
The extra service bundle you buy, the extra revenue you’ll get.
As per the quote above, taken from AiProFX’s web site, the each day residual fee cap will be elevated by paying extra in charges.
Becoming a member of AiProFX
AiProFX affiliate membership is free.
Full participation within the connected revenue alternative requires cost of $20 to $700 in annual charges.
AiProFX affiliate charges and funding are solicited in bitcoin, litecoin and tether.
The extra an AiProFX affiliate pays in charges, the upper their revenue potential.
AiProFX Conclusion
Worryingly, AiProFX claims its funding alternative is “aimed in serving to many who’ve misplaced out there as a result of market uncertainty.”
This restoration is meant to happen through “automated foreign currency trading”.
AiPROFX is an expert absolutely automated foreign currency trading system for skilled merchants.
EA is an professional advisor that has been programmed to supply an final automated buying and selling with out you having to do something however reaping the income from buying and selling.
No proof of AiProFX producing exterior income through foreign currency trading, or another supply, is supplied.
Moreover, having marketed “assured” returns of as much as 30% a month, AiProFX’s enterprise mannequin fails the Ponzi logic check.
Anybody able to legitimately producing a assured 30% a month on a constant foundation, goes to quietly generate infinity cash for themselves. What do they want your cash for?
On the regulatory entrance, AiProFX’s passive funding alternative clearly constitutes a securities providing.
AiProFX gives no proof it has registered with monetary regulators in any jurisdiction.
In Malaysia securities are regulated by the Financial institution of Malaysia and the Securities Fee of Malaysia. Within the US securities are regulated by the SEC.
Registering with monetary regulators would require AiProFX to periodically file audited monetary reviews.
These reviews are the one technique to confirm that AiProFX is producing exterior income through foreign currency trading as claimed.
Because it stands the one verifiable income getting into AiProFX is new funding. Recycling newly invested funds to pay ROI withdrawals makes AIProFX a Ponzi scheme.
Moreover, recycling affiliate membership charges to pay commissions provides a pyramid layer to the scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve AiProFX of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, nearly all of individuals lose cash.
