Mirror Trading International Review – What You Need To Know
Welcome to this Mirror Trading International Review. This review will tell you all you need to about Mirror Trading International, a Forex company that offers investors Bitcoin returns.
Once you are done reading this brief review, you will be able to tell if investing in this platform is the right thing to do.
Mirror Trading International Review – Quick Summary
- Company name: Mirror Trading International
- Model of Business: Forex, MLM
- Registration cost: $100 – $10,000 USD
- Rating: 0/10
Mirror Trading International is an MLM Forex company.
They are not registered with relevant authorities; thus, they operate illegally.
Also, there is no evidence about their source of revenue, and they operate as a pyramid scheme.
I do not recommend this opportunity; avoid it at all costs.
Mirror Trading International Update 2022
Mirror Trading International has completely collapsed.
The extent to which these scammers will lie in order to steal money from their downlines is nothing less than mind-boggling.
Members have been noted to exploit the pyramid scheme by using multiple accounts and positions.
What these dishonest scammers would also do is transfer deposits between positions using some internal transfer (member-to-member) scheme in order to temporarily achieve better binary income.
What Is What Was Mirror Trading International?
Mirror Trading International was an MLM company in the Forex niche.
The platform pays members returns in bitcoin; they claim they can help you earn passively without you lifting a pin.
The way you were supposed to earn on this platform was by investing money to receive returns in Bitcoin and by recruiting people to join, where you will be paid a certain percentage of the body your recruits invest.
There were a lot of red flags with this platform that contributed to its demise, and I will mention a few here.
Mirror Trading International was operating illegally and was acting against security laws because they were not registered to offer passive investment opportunities.
As a result, promoting this platform can land you in trouble.
They were not registered with any of the financial regulatory agencies because they had no evidence or proof of generating revenue, which they use to pay members.
Also, the platform had no retail product or service to offer aside from membership recruitment.
Thus, Mirror Trading International operated as a pyramid scheme and a Ponzi scheme.
Was This Platform A Pyramid And A Ponzi Scheme? Yes, It Was
Mirror Trading International was absolutely a Pyramid scheme.
Mirror Trading International has no service or product to offer. The only thing they promote on this platform is membership recruitment.
Pyramid schemes are not sustainable (they will collapse eventually) and are illegal in almost all countries.
Mirror Trading International is no different than other multi-level marketing scams I’ve reviewed such as:
Mirror Trading International is also considered a Ponzi scheme. Why?
They mislead investors about their revenue sources.
The company claims to pay returns to members; thus, they need to be registered since they are offering securities.
Unfortunately, they are not registered with relevant authorities, and the returns they are offering is not earned from trading Forex.
Recruitment and investment from members is the only source of revenue, making this platform nothing more but a Ponzi scheme.
They will not be plenty of money to go around once recruitment and new investments slow down, causing the platform to collapse.
When this happens, a lot of people will lose their money.
What Was The Cost to Join?
$100 is the minimum investment amount on Mirror Trading International.
Investing more money increases your returns, and you get to earn more from the compensation plan.
To get full access to the compensation plan, you will have to invest $10,000.
Compensation Plans
Here is a list of the available compensation plans on this platform.
Recruitment commissions
You earn a 10% commission from personal recruits when they invest.
Residual commissions
This is the money you make from your downline.
The platforms pay using a binary structure plan.
The money you make and how far you will earn is dependent on the number of people you recruit, the people your recruits recruit, as well as the money they invest. See earnings below:
- Earn 10 levels down when you invest $200 – $999
- You’ll earn 20 levels down when you invest $1000 – $4999
- Earn 30 levels down when you invest $5000 – $9999
- Unlimited earnings across all levels when you invest at least $10,000
The platform keeps 20% of the company’s revenue, and you receive commissions based on the number of people recruited as well as the money they invest from the 20%.
“You Don’t Need To Know How It Works”
What usually happens with SCAMS like Mirror Trading International is members will start questioning their uplines and the uplines won’t have any answers.
The reason why the uplines won’t have any answers is that they were conditioned by the people who recruited them to blindly believe the following:
“You don’t need to know anything about this in order to make money.”
Scammers know how to manipulate a person’s psychology by using the following reasoning:
“So why would you want to know how it works if you don’t need to.”
One MTI member’s response to this ridiculous statement was: “As long as it makes me money, I don’t care how it works.”
What always happens with Ponzi schemes like these is new capital will start running out and payouts to members will no longer be possible.
These scammers will create propaganda to convince their loyal following to keep their money in just long enough to plan their exit strategy and disappear.
Red Flags Are Everywhere!
There was absolutely nothing likable about Mirror Trading International – here is a partial list of what’s wrong :
- No products or services to offer.
- Mirror Trading International operates as a pyramid scheme since there is nothing to offer aside from affiliate recruitment.
- Not registered with relevant authorities to offer securities. Any company that offers a passive investment opportunity needs to be registered with relevant authorities in that country.
- Mirror Trading International is operating illegally and breaking security laws since they are not registered.
- It is a Ponzi scheme.
- Any company offering securities that are not registered has no evidence to show that they generate revenue outside affiliate recruitment.
- Mirror Trading International is not saying the truth about where they get revenue.
- There is no form of trading going on; recruitment and investment from recruits are how they generate money to pay existing investors, which makes this platform a Ponzi scheme.
There Is No Question That Mirror Trading International Was A SCAM
There is nothing legit about this platform.
Everything about Mirror Trading International is a scam.
The company has no product or service to offer, and they operate as a pyramid and Ponzi scheme.
The platform will collapse eventually, and a lot of investors will lose their money.
Expect this to happen when recruitment and new investment slow down.
Do not invest with Mirror Trading International if you don’t want to lose your money.
Isn’t It About Time For A Change?
As a matter of fact, what I strongly suggest is that you stop relying on the pyramid schemes of unknown scammers and build your own online business.
What is truly sad is people seem to keep falling for these fast-talking liars because they want to make a lot of money for very little work, and more importantly, they want someone else to do it for them!
The moment you come to understand that you’re going to have to participate in your own financial rescue, the sooner you can start making real progress toward financial freedom.
If you keep looking for others to create your financial breakthrough for you, then you will be disappointed and taken advantage of over and over again.
The tendency most people have toward laziness and lack of motivation is what scammers capitalize off of to steal millions of dollars.
What’s worse is scammers know that by the time the regulatory authorities catch up with them, if they ever do, millions of dollars have already been stolen.
Don’t be a victim to liars and thieves.
If you’re ready to actually DO SOMETHING then click on the banner below and take action to create a life-changing income.
