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As I had the chance to apply my knowledge to multiple investing schemes so that I could also invest in some schemes, I learned the truth about many companies & their organizations, and whether or not they are reliable for investment. Even though I received numerous phoney and dubious investments, one of them—AiProFX, a Ponzi scheme—was one that I was able to identify. Today, I want to discuss every unreliable aspect of this system.
We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.
All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.
These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.
Do you know about AiProFX?
What I discovered about this website is that AiProFX’s website lacks information & details about its ownership and executives. This website has provided a corporate address in the UK on its website, which seems to be irrelevant to the company. However, this is an attempt to appear legitimate.
According to SimilarWeb, the majority of the population of AiProFX’s website comes from Malaysia which is at least 93%, and from the US-7%. Although it is not clear, this strongly suggests that the people running AiProFX are based in Malaysia.
One thing to take note of is the mentions of YunikonFX on the AiProFX website:
Now I would like to inform you that Yunikon is also a scammer website, which runs a Ponzi scheme. To go into details for this website you may follow the link mentioned below:
This Ponzi scheme is operated in Malaysia & it is suspected that AiProFX & YunikonFX are run by the same person or group.
It is my advice for you people that if you want to invest your money, always think twice before joining or giving any money to an MLM firm if it is not completely transparent about who owns or runs it.
When was AiProFX established?
AiProFX registered its website domain “aiprofx.com” in November 2020. The private registration was last updated on January 30th, 2023.
How does the AiProFX work?
It is an unregulated & unauthorized trading platform that is not safe for investment. Yet its functioning can be divided into the following points:
- Products Of AiProFX
- Compensation Plan of AiProFX
- Referral Commissions
- Recurring Commissions
Products Of AiProFX
AiProFX doesn’t offer any services or products for retail. Affiliates of AiProFX are only permitted to promote AiProFX affiliate membership.
Compensation Plan of AiProFX
The following is the MLM (multi-level marketing) compensation scheme for website affiliates based on affiliate investor recruitment:
| Affiliate level | Recruitment Tier | Earned Commission |
| Level 1 | Direct Referral | 5% |
| Level 2 | 2nd Referral | 3% |
| Level 3 | 3rd Referral | 2% |
| Level 4 | 4th Referral | 1% |
| Level 5 | 5th Referral | 1% |
In an MLM compensation plan, the commissions earned by affiliate investors are based on the recruitment of new affiliates and are calculated according to the fees paid by the recruited affiliates.
The commissions earned by affiliates at different levels within the recruitment tier are outlined in the table above. However, it’s important to note that MLM structures can vary, and it’s crucial to fully comprehend the compensation plan before getting involved.
MLMs have been controversial due to their potential to prioritize recruitment over product sales, leading some participants to earn more from recruitment than from actual investments.
Therefore, it’s important to exercise caution and conduct thorough research before joining any MLM program.
Referral Commission
As a company affiliate, you can earn 20% of the fees paid by affiliates you personally recruit.
Recurring Commission
AiProFX utilizes a binary compensation plan to pay residual commissions. This structure includes a binary team, consisting of two sides split into left and right, with an affiliate at the top.
AiProFX offers an affiliate program that utilizes a binary team structure. The first level of the binary team is composed of two positions, and the subsequent levels may have up to two positions, depending on the circumstances.
Affiliates have the freedom to publicly or privately recruit individuals for these positions, regardless of the depth of their recruitment.
At the end of each day, the website calculates the fees generated from the new affiliates added to the binary team. Following this, residual commissions are allocated at a total of 10% of the fees paid by the weaker side of the binary team.
There is a daily cap imposed on this residual commission, set at 150% of the affiliate’s own fee payments. For instance, a pro-tier affiliate who paid $120 to join can expect to receive up to $240 in residual commissions every day.
In addition, by paying greater fees for more sophisticated service packages, the chance to raise the average residual commission maximum is present. The implication is that, within the framework of this compensation scheme, acquiring higher-priced package deals may result in a potential increase in revenue.
What is the procedure for joining the membership of AiProFX?
Affiliate membership with AiProFX is free of charge. However, to fully participate in the income potential that comes with it, yearly fees ranging from $20 to $700 are required.
This website accepts Bitcoin, Litecoin, and Tether as payment for both investment and affiliate fees. It’s worth noting that an affiliate’s potential income is directly proportional to the amount of fees they pay to AiProFX.
Conclusion
Finally, it is clear that AiProFX is a Ponzi scheme that is totally unregulated & unreliable. AiProFX claims to offer an investment opportunity that can help those who have lost money in the market due to market uncertainty.
The company’s automated forex trading system, AiPROFX, is designed for professional traders who want to benefit from automatic trading without any manual intervention.
There is no proof, though, that AiProFX earns money from sources other than forex trading. Additionally, the firm’s claim of “guaranteed” returns of up to 30% per month raises red flags and increases the possibility of a Ponzi scheme. Legitimate traders don’t require outside investments when they can produce such big returns on a constant basis.
From a regulatory standpoint, AiProFX’s passive investment opportunity is considered a securities offering, which requires registration with financial regulators.
However, the company has not provided any evidence that it has registered with financial regulators in any jurisdiction.
In Malaysia, securities are regulated by the Bank of Malaysia and the Securities Commission of Malaysia, while in the US, securities are regulated by the SEC. Registering with financial regulators would require AiProFX to file audited financial reports periodically.
The only method to confirm that AiProFX is, in fact, making as much money as it claims to be through forex trading is through these reports.
As the only form of income, AiProFX depends on fresh investments. But it’s obvious that a Ponzi scheme is taking place when these fresh investments are being used to settle ROI withdrawals. A pyramidal structure is also added to the system by leveraging affiliate membership fees to pay commissions. when with other MLM Ponzi scams, new investments will stop coming in when affiliate recruiting decreases.
Get Your Money Back Suspicious
As the business runs out of ROI revenue, this will eventually cause it to collapse. Ponzi schemes are mathematically designed to fail, and when they do, the majority of participants lose money.
I hope you will be satisfied fro my given information but still, I want your sense to be active on the point that yes we have to be safe from such illegal websites. Hence, I have a link that discovered the various red flags about this website.
