MetaTrade fails to offer possession or govt data on its web site.
In reality, as I write this, MetaTrade’s web site is nothing greater than an affiliate join or register portal:
MetaTrade’s advertising supplies, which aren’t offered to the general public, cite Jean-Marc Loger as CEO of the corporate.
Robert Mendolia and Giuseppe Peci are cited as MetaTrade’s President and an “entrepreneur” respectively.
On LinkedIn, Peci cites himself as considered one of MetaTrade’s co-founders:
Jean-Marc Loger has been scamming individuals by means of MLM schemes for over a decade.
In Might 2021 BehindMLM readers tied Loger to the My Journey Money and TVI Specific pyramid schemes.
Extra just lately, Loger was a “high chief” within the Mainet Ponzi scheme.
Robert Mendolia and Giuseppe Peci are additionally former Mainet promoters.
Mainet collapsed in Might 2023, following a fraud warning from France’s AMF in April.
On social media Mendolia represents he’s based mostly out of Cannes, France. Peci and Loger signify they’re based mostly out of Dubai.
MetaTrade’s web site area (“metatrade.group”), was privately registered on June third – a couple of weeks after Mainet collapsed.
Placing all of this collectively, we’ve got three Mainet Ponzi scammers now operating their very own Dubai reboot.
As a result of proliferation of scams and failure to implement securities fraud regulation, BehindMLM ranks Dubai because the MLM crime capital of the world.
BehindMLM’s pointers for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re making an attempt to rip-off you.
- If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.
If you wish to know particularly how this is applicable to MetaTrade, learn on for a full overview.
MetaTrade’s Merchandise
MetaTrade has no retailable services or products.
Associates are solely in a position to market MetaTrade affiliate membership itself.
MetaTrade’s Compensation Plan
MetaTrade associates pay a payment after which make investments tether (USDT). That is completed on the promise of a passive return.
How a lot a MetaTrade affiliate pays in charges determines how a lot they will make investments:
- pay a 50 USDT payment each month and make investments as much as 500 USDT
- pay a 100 USDT payment each 2 months and make investments as much as 1000 USDT
- pay a 250 USDT payment each 3 months and make investments as much as 2500 USDT
- pay a 500 USDT payment each 6 months and make investments as much as 10,000 USDT
- pay a 2500 USDT payment yearly and make investments as much as 50,000 USDT
- pay a 5000 USDT annual payment and make investments nevertheless a lot you need
- pay a ten,000 USDT one-time payment and make investments nevertheless a lot you need
Observe that 30% of each MetaTrade withdrawal made have to be reinvested again into the corporate.
The MLM facet of MetaTrade pays on recruitment of affiliate buyers.
MetaTrade Ranks
There are 13 affiliate ranks inside MetaTrade’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Dealer – join as a MetaTrade affiliate
- Chief – generate 100 USDT in downline funding
- Workforce Chief – generate 300 USDT in downline funding
- Coach – generate 1000 USDT in downline funding
- Supervisor – generate 3000 USDT in downline funding
- Supervisor – generate 10,000 USDT in downline funding
- Govt – generate 25,000 USDT in downline funding
- Diamond – generate 75,000 USDT in downline funding
- Double Diamond – generate 250,000 USDT in downline funding
- Triple Diamond – generate 750,000 USDT in downline funding
- Ambassador – generate 3,000,000 USDT in downline funding
- Crown Ambassador – generate 10,000,000 USDT in downline funding
- World Ambassador – generate 30,000,000 USDT in downline funding
Referral Commissions
MetaTrade associates earn a referral fee on charges paid by personally recruited associates.
Referral fee charges are decided by rank:
- Merchants obtain a ten% referral fee price
- Leaders obtain a 12% referral fee price
- Workforce Leaders obtain a 14% referral fee price
- Coaches obtain a 16% referral fee price
- Managers obtain an 18% referral fee price
- Supervisors obtain a 20% referral fee price
- Executives obtain a 22% referral fee price
- Diamonds obtain a 25% referral fee price
- Double Diamonds obtain a 28% referral fee price
- Triple Diamonds obtain a 31% referral fee price
- Ambassadors obtain a 34% referral fee price
- Crown Ambassadors obtain a 37% referral fee price
- World Ambassadors obtain a 40% referral fee price
MetaTrade referral commissions are coded, that means increased ranked associates obtain the distinction between their referral fee price and that paid to decrease ranked associates of their downline.
This caps out at 40% for World Ambassadors, who’re at all times paid the remaining referral fee price.
ROI Match
MetaTrade pays a ROI Match 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 straight below 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.
MetaTrade caps the ROI Match at ten unilevel crew ranges.
The ROI Match is paid as a proportion of returns paid out throughout these ten ranges as follows:
- stage 1 (personally recruited associates) – 5%
- stage 2 – 4%
- stage 3 – 3%
- ranges 4 and 5 – 2%
- ranges 6 to eight – 1%
- ranges 9 and 10 – 0.5%
Withdrawal Commissions
MetaTrade fees a 4.5% withdrawal payment. 2% out of the 4.5% charged is used to fund withdrawal commissions, paid on downline withdrawal requests:
- stage 1 (withdrawals by personally recruited associates) – 1%
- ranges 2 and three – 0.5%
Rank Achievement Bonus
MetaTrade rewards associates who qualify at Supervisor and better with the next one-time Rank Achievement Bonuses:
- qualify at Supervisor and obtain 60 USDT
- qualify at Supervisor and obtain 200 USDT
- qualify at Govt and obtain 500 USDT
- qualify at Diamond and obtain 2000 USDT
- qualify at Double Diamond and obtain 7500 USDT
- qualify at Triple Diamond and obtain 25,000 USDT
- qualify at Ambassador and obtain 75,000 USDT
- qualify at Crown Ambassador and obtain 250,000 USDT
- qualify at World Ambassador and obtain 750,000 USDT
Diamond and Ambassador Dealer Charge Swimming pools
MetaTrade rewards Diamond and Ambasador ranked associates with shares in two bonus swimming pools.
Diamond ranked associates obtain a share in a pool shared with Ambassadors.
Ambassadors obtain a share within the pool shared with Diamond ranked associates, in addition to a separate pool for less than Ambassadors.
MetaTrade represents each swimming pools are funded by collected dealer charges.
Diamond and Ambassador Bonus Swimming pools
MetaTrade takes 3% of affiliate charges and locations it into two bonus swimming pools.
Diamond ranked associates share a 2% bonus pool with Ambassadors.
Ambassador ranked associates share the two% bonus pool with Diamonds but additionally obtain a share in a separate 1% Ambassador solely pool.
Becoming a member of MetaTrade
MetaTrade affiliate membership is $10.
Full participation within the hooked up revenue alternative requires a minimal $50 payment paid month-to-month.
MetaTrade Conclusion
MetaTrade represents its buyers are shopping for “software program licenses”, by means of which funds are invested with a dealer.
That is the very same Ponzi ruse Mainet used:
MetaTrade claims funds are invested with QGA Investments.
QGA Investments is a Dubai-based dealer run by Chaudhry Qasim Ali.
QGA Investments’ web site area was privately registered in Might 2020. This corresponds with QGA Investments’ official FaceBook web page being arrange on Might seventh, 2020.
SimilarWeb tracks negligible site visitors to QGA Funding’s web site, which is unusual contemplating MetaTrade claims QGA Funding is producing 8% to fifteen% a month.
On its web site QGA Investments themselves declare to be producing “a mean annual internet revenue of 25% – 50%”.
On the regulatory entrance, QGA Investments declare to be “registered and controlled by Dubai Financial Division”.
Placing apart Dubai being a criminal offense hub, this registration is meaningless exterior of Dubai.
With respect to MetaTrade, it fails to offer any proof it has registered with monetary regulators in any jurisdiction.
Because of this, at a minimal, MetaTrade is committing securities fraud and working illegally.
Because it stands, the one verifiable income coming into MetaTrade is new funding.
Utilizing newly invested funds to pay affiliate withdrawals would make MetaTrade a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve MetaTrade of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.
