Adivah Tech offers no firm possession or govt data on its web site.
Adivah Tech’s major web site area (“adivahtech.com”), was privately registered on August twenty eighth, 2022.
Adivah Tech additionally owns “adivahtradingacademy.com”, nevertheless the area is at the moment parked.
The Adivah Buying and selling Academy area was first registered in September 2021. The non-public registration was final up to date on September fifteenth, 2022.
Adivah Buying and selling Academy’s official FaceBook web page was created on Could eighth, 2021. I consider this was the meant authentic identify for Adivah Tech.
As all the time, if an MLM firm isn’t brazenly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Adivah Tech’s Merchandise
Adivah Tech has no retailable services or products.
Associates are solely capable of market Adivah Tech affiliate membership itself.
Adivah Tech’s Compensation Plan
Adivah Tech associates make investments $250 or extra on the promise of a passive “3%-5% day by day goal” ROI.
Adivah Tech costs a 25% charge on generated returns.
Adivah Tech runs its MLM alternative on EnviFX’s foreign exchange platform. Thus the MLM aspect of Adivah Tech is paid out based mostly on EnviFX’s compensation plan.
Buying and selling Commissions
Envi FX pays commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel crew, with each personally recruited affiliate positioned instantly beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
Envi FX caps payable unilevel crew ranges at 5.
Commissions are paid per lot commerce quantity throughout these 5 ranges as follows:
- stage 1 (personally recruited associates) – $1.50 per lot
- ranges 2 to five – 75 cents per lot
So much is often 100,000 items of the bottom foreign money being traded. How this elements into Envi FX’s simulated buying and selling is unclear.
Excessive Rise and High Heavy ranked Envi FX associates obtain larger fee charges:
- Excessive Rise ranked associates earn $2 on stage 1, $1 on stage 2, 95 cents on stage 3, 30 cents on stage 4 and 25 cents on stage 5
- High Heavy ranked associates earn $2.50 on stage 1, $1.50 on stage 2 and 50 cents on stage 3
Word that Excessive Rise and High Heavy rank qualification standards isn’t supplied.
Becoming a member of Adivah Tech
Adivah Tech affiliate membership seems to be free.
Full participation within the hooked up earnings alternative requires a minimal $250 funding.
Adivah Tech Conclusion
Adivah Tech is the second EnviFX fraudulent funding platform BehindMLM has reviewed.
The primary was Automated Capital, which predictably led to widespread losses final week. Adivah Tech is extra of the identical.
Whereas Automated Capital was run by Kyle Cole and Hendry J Argus, who EnviFX has farmed Adivah Tech out to is unclear.
Adivah Tech has one advertising and marketing video, that includes a pc generated host and robovoice dub.
Like Automated Capital, Adivah Tech coordinates its funding fraud by means of a Telegram group.
In case you take Adivah Tech at face worth, the corporate is committing securities and commodities fraud.
Neither Adivah Tech or EnviFX present proof they’ve registered with monetary regulators. Within the US this might be the SEC and CFTC.
The MLM aspect of Adivah Tech provides an extra layer of fraud. With out retail gross sales, Adivah Tech as an MLM alternative operates as a pyramid scheme.
BehindMLM maintains the one purpose MLM firms decide to function illegally is as a result of they aren’t doing what they declare to be.
Be it tomorrow, the subsequent day, subsequent week, subsequent month or at any time when, Adivah Commerce will inevitably finish within the majority of members dropping cash.
The one individuals earning profits in EnviFX’s fraudulent alternatives are the individuals working them and promoters.
