There is no information on the USI-Tech website indicating who owns or runs the business. Joao 1 day forex review is listed as the owner of the domain, with an address in Portugal also provided. Possibly due to language barriers, I was unable to put together an MLM history on Severino.
The USI-Tech Product Line USI-Tech has no retailable products or services, with affiliates only able to market USI-Tech affiliate membership itself. Bundled with USI-Tech affiliate membership is access to forex auto-trading platform. USI-Tech claim this software runs on the MT4 Trading software. Forex, analyzing financial markets and using Expert Advisors. The USI-Tech Compensation Plan The USI-Tech compensation plan combines recruitment and brokerage fee commissions. In late May USI-Tech introduced a bitcoin investment compensation plan.
You can read an analysis of it in BehindMLM’s USI-Tech 2. 120 EUR per affiliate they recruit. Residual Commissions To qualify for residual commissions a USI-Tech affiliate must recruit at least three affiliates. These three positions form the first level of the matrix. Positions in the matrix are filled via direct and indirect recruitment of new USI-Tech affiliates. 600 EUR each new affiliate pays is paid out in matrix commissions.
USI-Tech affiliates who haven’t qualified for matrix commissions are skipped over, allowing qualified affiliates to earn beyond the first twelve levels of their matrix. Broker Commissions When USI-Tech affiliates use company’s software, USI-Tech collect brokerage fees. These brokerage fees are paid out as commissions using the same matrix structure residual commissions are paid through. Note that brokerage commissions will vary from month to month, depending on usage of the trading platform by USI-Tech affiliates. The forex trading side of USI-Tech has nothing to do with the MLM opportunity. 600 EUR and are given access to an automated forex trading platform. With our software license service it is now possible for anyone to trade in this highly complex industry without own knowledge and excellent chances of winning.
The platform is hitched up to Royal Financial Trading, a third-party broker based out of Australia. The mandatory use of Royal Financial Trading is how USI-Tech generated brokerage fees, which form part of the compensation plan. Whether USI-Tech’s forex platform works or not is neither here nor there. Affiliates can try it out with their own money and win or lose, it has no bearing on the MLM side of the business. Unfortunately USI-Tech’s MLM offering is straight pyramid recruitment.
There is no retail side to the business, with everyone signing up as an affiliate with access to the income opportunity. With the exception of brokerage fees, USI-Tech’s compensation plan is entirely focused on affiliate recruitment. That USI-Tech affiliates are directly and indirectly paid to recruit new affiliates makes USI-Tech a pyramid scheme. As with all pyramid schemes, once recruitment of new affiliates dies down USI-Tech will collapse.
This will manifest itself by way of matrix commissions slowing down, before stopping entirely. 600 EUR via matrix recruitment commissions loses out. With each USI-Tech affiliate required to recruit three affiliates just to qualify for matrix commissions, mathematically the majority of USI-Tech affiliates are guaranteed to lose money. So your review is good apart from the last part about Straight pyramid Recruitment.