Thanks for stopping by to read my FarGlobal Review!
With crypto holding steady in the marketplace these crypto trading MLM companies are popping up left and right.
This is one of the latest to hit the radar so I’ll be looking at the company, the product (if one actually exists) and the compensation plan.
Make sure you read EVERYTHING right to the end because I have a special treat for you.
Enjoy and lets touch base soon… Let’s Go!
FarGlobal Review
Like most companies in the crypto MLM space there is zero information of who owns or operates FarGlobal.
The website itself seems to be under some sort of construction but of course there is a section to sign up as an affiliate.
For once it was like to see who’s running things before asking for peoples money or crypto.
But again this is personal preference some people don’t care and actually like promoting scams.
Before we decide if FarGlobal is going to join the ‘Scam Club’ lets keep moving forward and see.
First things first lets look at the “farglobal.me” domain.
Of course that to is privately registered back in April of 2019.
You can see that info here:
You’ll notice over on the ole FarGlobal website they are somehow affiliated with Tradevim.
So I did a bit of research on Tradevim and seems as if a “Joe” owns the company.
I couldn’t find much on “Joe” but I was able to find a video on Youtube where “Joe” talks about his experience and how he’s living over in San Francisco, California.
Things aren’t adding up much here because FarGlobal seems to be out of Canada and Joe’s living it up in Cali.
I searched basically everywhere and the only digital footprint I could find was that one video tying “Joe” to FarGlobal and Tradevim.
That’s about all I could find on the company.
Of course you can sign up as an affiliate and send them money but we don’t know Joe’s last name or anyone else for that matter.
Other Crypto MLM Trading Company Reviews:
FarGlobal’s Products
Yeps as you guess it there’s nothing to buy here accept an affiliate spot where you can send FarGlobal and Joe your hard earned money.
And if you’d like to make some money you can bring in everyone you know and have them sign up as well.
Again sending Joe their money so you can make some money and everyone can make money together and live happily ever after.
FarGlobal Compensation Plan
Pretty simple as FarGlobal member join a 60 day TradeVim Licenses.
The company pays out commissions when you find other’s to buy those licenses.
Upfront you will have to buy into the trading platform with a one time $697 and every 2 months you will be charged $149.
Not quite sure if they are still figuring things out but FarGlobal comp plan says $499 for the license however the website says $697.
For every person you bring in at $499 when they buy a license you earn a $120 commission.
Also you will earn $37.50 recurring when they are charged the $149 every two months.
Members also get a 20% match on commissions earned by your personally sponsored members.
Far Global Ranks
From what I can tell FarGlobal has three affiliate ranks members can hit.
Also you must maintain these ranks for 60 days to qualify.
Here are the qualifications to hit ranks:
Generational Bonus
The generational bonus is paid through a unilevel compensation plan.
Basically when there is an equal or higher rank affiliate in a unilevel leg that counts as a generation.
If there are two affiliates equal or higher that counts as two generations.
Here is a breakdown of how it works:
There is also a platinum match bonus where you can earn $120 one-time and $149 TradeVim license voucher.
What Does FarGlobal Cost?
FarGlobal cost $697 but like I mentioned earlier for some reason the cost is $499 when reading the compensation plan.
If you plan on joining FarGlobal you may want to reach out before investing.
Also remember in 60 days you will be charged $149 every two months.
FarGlobal Conclusion – Legit or Scam?
So the burning question is if FarGlobal is legit or a scam?
As advertised FarGlobal talks about TradeVIM as a cryptocurrency trading platform that pays out returns every 50 days.
Because of this we are not in the security offering zone which has to be registered with the SEC or Canada’s equivalent .
I looked over their entire website and also combed the net but couldn’t find any evidence of this.
I’m quite sure if they were registered with either or they would stamp that in big bold letters on every page of their website.
So no they are not registered and deems FarGlobal illegal.
There are also no retail going on here.
Products and services are non existent.
Once again like most other crypto MLM’s this is a pyramid.
If you were planning on joining FarGlobal I would suggest reconsidering but do as you please.
Hope you enjoyed my FarGlobal Review if you have any questions, comments or concerns leave them below.
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