Welcome to my Six Sigma Trade review. If you are reading this, you are probably asking yourself is Six Sigma Trade is a scam, and doing your research to find out.
I have done some research into the platform to find out how it works. In this review, I will be sharing everything I have uncovered about the platform with you. I will also explain whether it is a scam or something legit that you can make some money out of.
Six Sigma Trade Review Summary
Six Sigma Trade is an online platform that claims it will help investors to earn unusually profits through trading bots. Investors are led to believe that they will earn returns in excess of 2% per week.
It is, in fact, a ponzi scheme where the main way of earning money is through the recruiting of more people onto the platform. It uses the classic pyramid model of a complex compensation plan and promises of impossible returns to entice investors.
If you expect to make money passively from this, that will not happen. You are likelier to lose money than anything.
Six Sigma Trade is scam that is easy to spot and one that you should definitely avoid.
What is Six Sigma Trade?
Six Sigma Trade is a company that purportedly offers automated trading services to clients. The trading is in two main market, Forex Trading and Cryptocurrency.
The company says that they use AI to offer clients an accurate trading service. This type of service is also commonly known as a trading bot.
According to the official website:
“Six Sigma empowers every trader to master the arts of Forex Trading, Crypto Trading, and Robot Trading. As an AI-based trading powerhouse, we have spent years building and developing a sophisticated robot that uses machine precision to automate the typically-tedious trading process. With our support, you’ll be better positioned to generate huge profits based on our tremendous trading experience in Forex and Crypto Trading.”
The company is headed by Sura Bianca, who is listed as the CEO. There isn’t much more information available about her beyond what is written on the website and the company’s YouTube videos.
Six Sigma Trade has been in existence for a bit less than a year. The domain for the website was registered on 27 September 2019, while the YouTube channel through which they publish their marketing videos was created a month after that.
Six Sigma Trade has a host of packages for members to invest in, starting from $99, all the way up to $49,999
Six Sigma Trade Compensation Plan
The first means of earning on Six Sigma is ROI, which interest that is paid earned on your investment on a weekly basis. The different ROI packages are listed as follows:
Basic – Investment amount of $99 – Payout of 2.5% return on interest per week
Builder – Investment amount of $299 – Payout of 3.0% return on interest per week
Super – Investment amount of $499 – Payout of 3.25% return on interest per week
Executive – Investment amount of $999 – Payout of 3.5% return on interest per week
Master – Investment amount of $9,999 – Payout of 4.0% return on interest per week
Elite – Investment amount of $19,999 – Payout of 4.5% return on interest per week
Ambassador – Investment amount of $49,999 – Payout of 5.5% return on interest per week
The second way of earning with Six Sigma Trade is Direct Commission, which is basically an affiliate program where you earn commissions from people who signed up using your affiliate link.
The commission you earn is 50% of the Business Points (BPs) earned by your referral. How BPs are calculated is unclear.
Binary Commission is separate from Direct Commission, and is activated when you have 2 direct referrals, which forms a left and a right leg. You will then get paid a percentage of the Business Points earned in your pay leg (the lower amount of the two referrals)
Basic – 40% commission paid out on business points from the weaker leg
Builder – 50% commission paid out on business points from the weaker leg
Super – 50% commission paid out on business points from the weaker leg
Executive – 50% commission paid out on business points from the weaker leg
Master – 55% commission paid out on business points from the weaker leg
Elite – 60% commission paid out on business points from the weaker leg
Ambassador – 70% commission paid out on business points from the weaker leg
The Royalty Commission is the “passive” earning plan where you build a downline and earn from them and anybody who joins in your downline. The down line goes up to 10 levels and pays commissions as follows of 5% at Level 1, 2% at Level 2, 1% at Level 3, and 0.5% for Levels 4 through 10.
Myriad Share Bonus
THe Myriad Share is a share bonus that is distributed to users who have more than 10,000 Business Points in their Binary Commission Pay Leg. Every 10,000 points is worth 1 share.
The Myriad Share makes up 1% of the company’s total earnings and is divided equally amongst the Myriad shareholders.
There are different affiliate ranks within Six Sigma Trade, based on the number of Business Points earned. Below are the qualification requirements for each rank. Each rank from Gold upwards also has a reward.
Bronze – 2000 Points in the binary pay leg
Silver – 5000 Points in the binary pay leg
Gold – 10,000 Points in the binary pay leg – Reward of a Macbook Air
Platinum, – 50,000 Points in the binary pay leg – Reward of foreign trip for 2 worth $3,000
Rhodium – 800,000 Points in the binary pay leg – Reward of Nissan X-Trail SV worth $30,000
Plutonium – 2 million Points in the binary pay leg – Reward of Toyoto Land Cruiser worth $70,000
Painite – 4 million Points + 4 Directs Palladium Executives – Reward of Porsche 911 GT3 worth $300,000
Tritium – 10 million Points + $ Directs Rhodium Executives – Penthouse worth $10,000,000
Promising unrealistically high returns – Six Sigma Trade promises returns that you can’t get anywhere legally. If you know anything about investing, you should know that there is no such thing as guaranteed profit. Every investment has risk. If something seems too good to be true, it’s because it usually is.
Mixing Crypto with USD – Cryptocurrency and FIAT (normal currency market) are two separate markets that don’t have much to do with each other. When a company starts mixing crypto and FIAT it is usually a warning sign. Cryptocurrency requires specific knowledge that most people don’t have, so fraudulent companies quote their supposed crypto products in USD to cast a wider net and scam people and catch people who don’t understand crypto very well.
Tokenizing of money – Tokenizing is the use of internal points to ascribe value instead of using real world money amounts. It is often used to add complexity in a compensation system, with the intent of confusing people and making them lose track of the connection between how much money is involved and the points which are only applicable on that specific scheme or platform. This is a common tactic that is used by ponzi.
No track record – The company is less than a year old yet the promise huge profits and prizes with no proof of anyone having made those earnings. This is a common feature of scams. Legit programs usually stand the test of time, but scams take people’s money for a short period and then disappear. The fact that a company is not that old does automatically mean something is a scam, but it calls for caution.
Nice-looking website – The website of Six Sigma Trade is very well-made. You can see that it was professionally done and done with good planning. The marketing videos on their YouTube channel also have a lot of good production value and look professional. It’s just unfortunate that the actually product or service on offer does not match the presentation.
Relies on recruitment – Six Sigma gives the impression that earnings are passive and profits area gained from automated trading. The fact is that to make money, you have to recruit people onto the platform. There are no records of anyone being able to withdraw their profits from investment.
No real product or service – The fact that there is no real product available means that the company takes your money and gives you nothing in return. If Six Sigma Trade comes to a stop tomorrow, investors will have nothing of value that they can use or sell.
Is Six Sigma Trade a Scam?
Yes, Six Sigma Trade is a scam. It presents itself as an investment company but that is false. There is not real product or service available. The platform relies mainly on the recruitment of new members onboard, who will finance the commissions of members who joined prior.
Scams like this one are a dime a dozen and very easy to spot. The make big promises of making huge sums of money but there is no track record of people successfully making the claimed amounts.
Six Sigma Trade is a follows the classic ponzi scheme model and will take people’s money until there are no new members and the scheme collapses.
You are more likely to lose money than make any so it is best to avoid the company. There are better and sustainable ways of making money out there.
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