F2 Trading Crop. You have no doubt heard the name of this company. With all the hype around this company, many people are wondering if the company is legit. Do they have a hidden agenda? Will the company fulfil its promises?
In this article, we will show you what the company proposes to its clients. Just like that, we will leave it to you to decide whether F2 Trading Corp is a legitimate company or if it is another MLM scam.
What is F2 Trading Corp?
F2 Trading Corp is an MLM company. Moreover, the company claims they have a robot which can make thousands of daily operations with Bitcoin and Ethereum. Also, F2 Trading Corp supposedly has a database with more than 1,500,000 users.
However, this information is what they want people to believe is right. F2 Trading Corp is the reboot of FX Trading Corp. The predecessor of F2 Trading Corp was also an MLM company. Unsurprisingly to many, both companies are run by the same person – Philip Han.
This person identifies himself as the Global Master Distributor of FX Trading Corp. Now, he seems to be running F2 Trading Corp. And for those who are unaware of what happened with FX Trading Corp, let us share with you.
FX Trading Corp has succeeded in deceiving hundreds of people. Initially, everything went according to plan. Each member of the company received the percentages the company promised. Of course, when FX Trading Corp gathered enough capital, they stopped meeting their arrangements. All the people who trusted the company were left without any money. Now, Philip Han wants to repeat the same robbery.
A Real Company or an MLM Scam?
In addition to everything you have read so far, there are several essential facts that we want to emphasise.
First, if we look at Philip Han’s Facebook profile, we will notice the following. Below all his Facebook posts, there are comments from people who have already been scammed by FX Trading Corp. Some of them are trying to get Philip Han to pay them back. Meanwhile, others are trying to warn other people of this Ponzi scheme.
Second, there is a video on the company’s website. Unsurprisingly, the video aims to show how much capital the company has. Also, this video seeks to attract as many new customers as possible. BUT!
The video shows expensive cars. However, if the company is so firmly on the ground and has fixed capital, then why are all cars rental cars?
Compensation Plan
With F2 Trading Corp, users can invest up to $50,000. The daily return is up to 3% for 200 days. Please, do the math to see how ridiculous this sounds. Moreover, they offer different packages. Let’s take a look at them.
- F100 – $100
- F300 – $300
- F500 – $500
- F1 000 – $1000
- F3 000 – $3000
- F5 000 – $5000
- F10 000 – $10,000
- F20 000 – $20,000
- F30 000 – $30,000
- F50 000 – $50,000
Also, all investors receive a 6% referral commission once they have recruited someone.
Products
Unsurprisingly, the company offers no products. After all, this is expected for a company that is a Ponzi scheme.
Withdrawals
With FX Trading Corp, the predecessor of F2 Trading Corp, many users had difficulties with withdrawals. They were either unable to withdrawal their money, or there was an error with the site. However, the F2 Trading Corps’ promises are different.
With this potential crypto MLM scam, affiliates are restricted from withdrawing any more than
- 15% of daily returns/commissions
- 10% of weekly returns/commissions
- 7% of returns/commissions (earned over a rolling 15 day period)
- 3% of returns/commissions (earned over a rolling thirty day period)
Residual Commissions – Investment
Investors have to recruit two investing affiliates if they want to qualify for residual commissions. Moreover, the company pays it with a binary compensation structure. For example, all members get an 8% residual commission on funds matched on both sides of the binary team.
Residual Commissions – Daily Returns
Moreover, F2 Trading Corp pays residual commissions on returns. Here the compensation structure is uni-level. For example, the company caps a 2% residual commission on returns. Also, there are ten uni-level team levels. Further, the residual return commission is determined by how many people the F2 Trading Corp affiliate has recruited.
Let’s take a look at how much each F2 Trading Corp affiliate earns.
Star 1
generate $3000 in accumulated weaker binary team side volume
qualify for level 1
Star 2
generate $10,000 in accumulated weaker binary team side volume
qualify for levels 1 and 2
Star 3
generate $30,000 in accumulated weaker binary team side volume
qualify for levels 1 to 3
Star 4
generate $50,000 in accumulated weaker binary team side volume
qualify for levels 1 to 4
Star 5
generate $300,000 in accumulated weaker binary team side volume
qualify for levels 1 to 5
Star 6
generate $700,000 in accumulated weaker binary team side volume
qualify for levels 1 to 6
Star 7
generate 2,000,000 in accumulated weaker binary team side volume
qualify for levels 1 to 7
Star 8
generate $5,000,000 in accumulated weaker binary team side volume
qualify for levels 1 to 8
Star 9
generate $8,000,000 in accumulated weaker binary team side volume
qualify for levels 1 to 9
Star 10
generate $20,000,000 in accumulated weaker binary team side volume
qualify for levels 1 to 10
Star Rank Rewards
Also, F2 Trading Corp rewards its affiliates with Star Rank Bonuses. Let’s start at Start 6 and see what the bonuses are:
- qualify at Star 6 and have two personally recruited Star 1 or higher ranked affiliates = a Rolex Submariner watch
- qualify at Star 7 and have two personally recruited Star 2 or higher ranked affiliates = “international travel with someone”
- qualify at Star 8 and have two personally recruited Star 3 or higher ranked affiliates = a Toyota Camry car
- qualify at Star 9 and have two personally recruited Star 4 or higher ranked affiliates = a Mercedes E-Class luxury car
- qualify at Star 10 and have two personally recruited Star 5 or higher ranked affiliates = a Ferrari or Lamborghini luxury car
- qualify at Black Star ($80,000,000 in accumulated weaker binary team side volume) and have two personally recruited Star 10 or higher ranked affiliates = a yacht
- qualify at Diamond Star ($200,000,000 in accumulated weaker binary team side volume) and have two personally recruited Black Star or higher ranked affiliates = $5,000,000
Bottom Line
Hopefully, more people will be able to read this article and realise that F2 Trading Corp is a Ponzi scheme. Each company that offers huge returns in a short period is probably a scam. Moreover, F2 Trading Corps’ faith is likely going to be the same as its predecessor FX Trading Corp.
First, the former Global Master Distributor of FX Trading Corp is now the frontman of F2 Trading Corp. Second, they are also using the same recruiting strategy. Third, what is the guarantee that the team behind these two companies is not the same?
Moreover, the people who have been scammed by FX Trading Corp are a lot. By stealing everyone’s money, the team of FX Trading Corp managed to privatise a lot of money, right? Well, our question is: Is F2 Trading Corp their second attempt at making easy money?
Also, with the rise in Bitcoin, more and more MLM companies are trying their best to rob as many people as they can.
