What Is Future Trade About?
This program’s sales video is very entertaining to watch! It’s probably one of the funniest and seemingly genuine promotional videos that I’ve seen. I wouldn’t be shocked if people invested in the program straight after watching the video.
It may be an entertaining sales pitch, but the claims made in the video can easily be thrown out the window. In today’s review, we’ll be looking at The Future Trade to find out if their investment scheme can generate lucrative profits.
The fact that you’ve taken a moment to scrutinize this product before signing up should be applauded. You’ve done yourself a huge favour. Your due diligence will save you from potentially wasting your time and money.
A good bit of research always goes a long way in the fight against online scams. Creating a sustainable full-time online business is not difficult. You just need to know where to look.
Before we proceed I’d like to let you know that I’m not linked to Future Trade in any sort of way and I’m not trying to sell you this product.
Instead, I’d like to show you what’s going on behind this program…
The Future Trade Product Review
- Name of Product: The Future Trade
- Owner: Merril Rid (Fake Name)
- Type of Product: Investment MLM
- Cost of Product: Invest at least $50
- Who Is This Product Best For? NOBODY! This program is a pyramid scheme
The Future Trade Product Summary
The Future Trade claims to be a multi-level marketing investment scheme but upon closer inspection, it turned out to be a pyramid scheme.
The program has the classic warning signs, including incentives that are mostly based on recruitment and a fictional founder. The Future Trade is obviously trying to hide its real intentions and today we’ll be revealing everything.
Product Rating: 1/100
Would I Recommend This Product? Definitely Not!
The Future Trade Background
The Future Trade is an investment scheme that utilizes a multi-level marketing compensation system to supposedly make money for its members.
The program was created by a guy called Meril Rid. He is the company’s CEO and president and features in the company’s promotional video.
Meril Rid discusses the business while sporting a British accent and makes comparisons to the popular t.v. show The Office, a US and British mockumentary based on the day-to-day life of office staff at a paper business called Dunder Mifflin. There are countless memes online which I’m sure you’ve already seen.
The sales video is entertaining but it’s very amateurish. For example, the same person that’s used to act as a seated extra is also used as the doll vendor in the first part of the video. Could they not have hired more actors?
The program attempts to look authentic by using shell companies on their site and displaying various documents from Singapore, The Marshall Islands and Seychelles. From a multi-level marketing perspective, this means nothing and doesn’t prove that the company is legitimate.
The Singapore entity of Future Trade INT PTE LTD states that Meril Rid is a British citizen and resides in the United Kingdom. However, Meril and his team were nowhere near the UK when the promotional video was filmed.
In the sales video, his driver can be seen driving from the left-hand side of the vehicle. People in the UK drive on the right-hand side of the vehicle.
We searched online for further information about Meril Rids background but unsurprisingly, we couldn’t find anything except for the details on the website. What does that mean? He’s probably using a fake name.
The domain name registration was originally done in July 2018 and updated in October 2020. The registration was private, therefore, we couldn’t access the details of the real people behind this program. I’m certain that Meril Rid is not the owner or a real person. Meril and the people in the sales video are hired actors.
The Future Trade Product Range
All MLM companies are required to offer their members with retail products or services but, I’m not surprised to discover that The Future Trade does not have any. This is a big concern and a strong indicator that we might be dealing with a Pyramid scheme.
Does The Future Trade Work?
Don’t be fooled by their sales video, The Future Trade is a crafty pyramid scheme that is trying to blindside potential members with humour. The video goes to great lengths to appear genuine and I have to give them credit for their efforts.
In the next few sections, we’ll be looking at the program’s compensation plan which shows that there’s zero evidence of revenue being generated from other sources outside of recruitment. Furthermore, they’ve not proved that the program is making money for its members through trading or investments.
If the company is trading or investing, it has to be authorised by the relevant regulators for its respective country such as the SEC for American companies. It’s not enough if the company has merely registered its name with the regulator, it needs to be authorised to handle financial transactions for its members.
If it turns out that the company is indeed trading or investing without approval then they could be liable for securities fraud and other violations.
Pyramid schemes and Ponzi schemes are unsustainable business models which eventually collapse once the recruitment dries up.
How To Profit with The Future Trade
The Future Trade only offers one option to earn money, which is through recruiting more members.
Getting Started with The Future Trade
It’s free to sign up for the compensation plan, however, to take advantage of the incentives, you have to invest at least $50. The company doesn’t specify the maximum investment amount.
Recommended: Everything Needed To Create Your Full-Time Online Business From Scratch Can Be Found Right Here
The Future Trade Compensation Plan
The primary income stream for members is via the return on investment (ROI) supposedly guaranteed by the program. The ROI below is based on your investment amount:
- Basic 1: Earn 5% a week for 40 weeks (200%) when you invest $50 to $1,000
- Basic 2: Earn 6% a week for 40 weeks (240%) when you invest $1,001 to $10,000
- Moderate 1: Earn 8% a week for 30 weeks (240%) when you invest $10,001 to $25,000
- Moderate 2: Earn 9% a week for 30 weeks (270%) when you invest $25,001 to $50,000
- Classic 1: Earn 10% a week for 25 weeks (250%) when you invest $50,001 to $100,000
- Classic 2: Earn 12% a week for 23 weeks (276%) when you invest $100,001 or more
Bear in mind that a 6% withdrawal fee will be deducted from your earnings.
Referral Commissions
The program pays out a 7% commission for referrals depending on the amount of money invested by members that you recruit directly.
Residual Commissions
Residual commissions are based on a binary compensation system. When building your team, you’ll be positioned at the top level. The first level will be split into your right and left leg as shown below:
Level 1 holds two positions. Level 2 divides the initial two positions into a further two on each side creating four additional positions. Additional levels of the binary team are built when needed.
Every new level holds double the amount of positions as the level above it.
9% of the investment from the weaker side of the team is awarded to you, but the bonus is capped according to the amount of money invested by the recruit.
- A cap of $500 applies to Basic 1 tier members
- A cap of $1,000 applies to Basic 2 tier members
- A cap of $2,000 applies to Moderate 1 tier members
- A cap of $3,000 applies to Moderate 2 tier members
- A cap of $5,000 applies to Classic 1 tier members
- A cap of $7,500 applies to Classic 2 tier members
The pay period duration is never mentioned, but based on similar programs that we’ve reviewed my guess is it’s daily or weekly.
The Future Trade Exposed!
1). Blatant Ponzi Scheme
The Future Trade is a classic Ponzi scheme. The program is heavily focused on recruitment. Most of their incentives are based on members recruiting more members.
The reality is that your money is used to pay members that are sat higher up the structure. As such, you will not make any profits at all if you remain at the lowest level of the pyramid.
2). Securities Fraud
Looking at their compensation plan, the program is not authorised to handle financial transactions for its members. The owners are committing securities fraud and could end up getting arrested.
As a member, you could get into trouble for promoting and making money from this program.
3). Who Is Meril Rid?
The name of the company’s founder is completely fictional. Meril Rid is nothing more than a paid actor who put together a compelling video to entice new members. The real owners have chosen to remain anonymous so that they can make a quick exit when the business collapses.
Recommended: Tired Of Working In A Dead-End Job? Let’s Get Your Passion Project Off The Ground
Advantages of The Future Trade
The Future Trade is not a genuine program. It has absolutely no advantages whatsoever.
Is The Future Trade a Scam or a Legit Program?
The Future Trade is definitely a Ponzi scheme! There are lots of flaws with this program to conclude that there’s nothing legitimate about this them.
They don’t offer anything from a multi-level marketing perspective. The compensation plan is focused on recruiting more members which is a violation of the regulatory guidelines.
The company is not authorised to handle financial transactions and when they’re caught, the owners could go to jail for committing securities fraud. You could also be pursued by law enforcement if you promote the program.
Steer clear of The Future Trade!
How Do I Use The Internet to Make a Full-Time Salary?
I’m not a big fan of get-rich-quick schemes or Cryptocurrency MLM programs, let’s just say that I’ve been caught short a few times.
Instead, an Amazon FBA Business is my leading recommendation for people that want to build a thriving full-time online business working from home.
Here are my reasons why…
- There’s no pressure to recruit family and friends, or anyone else for that matter.
- Learn a unique method to source incredible, high profit, low-competition products that are virtually hidden from your competitors.
- You don’t need to sell hundreds of different products to create lucrative profits with this fresh, exciting business model.
An Amazon FBA business can help you to…
Generate a 5-7 Figure Salary and become financially free from the limitations of a traditional day job. You can do this in less than 12 months!
If you want to find out how I did it, Click Here!
