Reyana Meta FX fails to offer possession or govt info on its web site.
Reyana Meta FX’s web site area (“reyanametafx.com”), was privately registered on July sixteenth, 2023.
In researching this evaluate, I famous a lot of the Reyana Meta FX advertising and marketing seems to focus on Bangladesh.
This means Reyana Meta FX is perhaps run from Bangladesh, or on the very least is focusing promotional efforts there.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
Reyana Meta FX’s Merchandise
Reyana Meta FX has no retailable services or products.
Associates are solely capable of market Reyana Meta FX affiliate membership itself.
Reyana Meta FX’s Compensation Plan
Reyana Meta FX associates make investments $50 or extra on the promise of a 2% to three% every day return.
The every day return price is elevated to 2% to 4% if an affiliate recruits 5 associates.
Apparently Reyana Meta FX associates should log in every day to set off their ROI payout.
The MLM aspect of Reyana Meta FX pays on recruitment of affiliate buyers.
Reyana Meta FX Affiliate Ranks
There are three affiliate ranks inside Reyana Meta FX’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Ruby – recruit ten associates and have three recruitment legs of at the least $2500 downline funding quantity (remaining legs should additionally mix to $2500 or extra)
- Emerald – recruit fifteen associates and have three recruitment legs of at the least $5000 downline funding quantity (remaining legs should additionally mix to $5000 or extra)
- Diamond – recruit twenty associates and have three recruitment legs of at the least $10,000 downline funding quantity (remaining legs should additionally mix to $10,000 or extra)
Referral Commissions
Reyana Meta FX pays a 5% referral fee on funds invested by personally recruited associates.
Residual Commissions
Reyana Meta FX pays residual commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned instantly underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Reyana Meta FX caps payable unilevel staff ranges at 5.
Residual commissions are paid out both as a proportion of funds invested or the every day return paid associates throughout these 5 ranges as follows:
- degree 1 (personally recruited associates) – 15%
- degree 2 (should recruit two associates to qualify) – 10%
- degree 3 (should recruit 4 associates to qualify) – 7%
- degree 4 (should recruit six associates to qualify) – 5%
- degree 5 (should recruit eight associates to qualify) – 3%
Be aware that it’s unclear whether or not residual commissions are paid on preliminary funding or the every day return (Reyana Meta FX disguise their compensation plan from the general public).
Rank Achievement Bonus
Reyana Meta FX rewards associates for qualifying at Ruby and better with a month-to-month Rank Achievement Bonus:
- qualify at Ruby and obtain $500 a month
- qualify at Emerald and obtain $1000 a month
- qualify at Diamond and obtain $2000 a month
Becoming a member of Reyana Meta FX
Reyana Meta FX affiliate membership is free.
Reyana Meta FX Conclusion
Reyana Meta FX pitches itself as a “trustful foreign currency trading platform”.
In actuality, Reyana Meta FX offers no cause for shoppers to belief it with something. As beforehand identified, Reyana Meta FX hides possession, govt and compensation info from shoppers.
These are main crimson flags that shouldn’t be ignored.
One other minor crimson flag is a lot of the hyperlinks of Reyana Meta FX’s web site not working. This means the web site was unexpectedly put collectively.
With respect to Reyana Meta FX’s ROI ruse, there is no such thing as a offered proof of buying and selling income funding withdrawals.
Reyana Meta FX’s passive returns funding alternative constitutes a securities providing. This requires Reyana Meta FX to register with monetary regulators.
Reyana Meta FX fails to offer proof it has registered with monetary regulators in any jurisdiction. Which means that, at a minimal, Reyana Meta FX is committing securities fraud.
Because it stands, the one verifiable income coming into Reyana Meta FX is new funding.
Utilizing new funding to pay affiliate withdrawals would make Reyana Meta FX a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Reyana Meta FX of ROI income, finally prompting a collapse.
The mathematics behind Ponzi schemes ensures that after they collapse, nearly all of contributors lose cash.