CPS Traders Review – Good Opportunity Or Big Scam?

CPS Traders ReviewRecently, this business has been getting a lot of attention.

In fact, there is lots of hype and buzz going around including people pitching it left, right and centre.

I’ve noticed a lot of people pitching it on social media.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my CPS Traders Review so you can learn the full truth about it!

Is the business legit or a scam?

Does it deliver on it’s promises?

I explain in my Review of CPS Traders before you.

Let’s get started.

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What The Heck Is CPS Traders?

The latest company in the MLM world that’s up for our full review is that of CPS Traders. When taking a look at the official website for the company, we’re met with a noticeable lack of information that we’ve never fans of seeing.

CPS Traders’ website doesn’t provide any clear information at all in regards to who owns the company or who manages the day-to-day operations. This is critical information that folks should be able to have easy access to, so when it’s withheld, we never like to see that.

According to the site, an organization by the name of “MMO24hs Group” is listed to be a type of “financial group” for the company. MMO24hs Group is supposedly the parent company for CPS Traders, and it would appear that it was initially created back in 2009 from a group of bitcoin miners and traders.

As per an official statement on the company’s site “Our MMO24hs Group is an online based company with its representatives living in the USA, the UK, Australia, Hong Kong, and Japan.”

The CPS Traders’ site also states that MMO24hs Group has more than 610 employees that operate in a number of different fields since back in January of this year. As for CPS Traders themselves, the company’s website domain wasn’t registered until June 17th of this year.

However, the registration for the domain is set to a private state, so we’re unable to see exactly who or where the registration took place.

What Are The CPS Traders Products?

In keeping with the less-than positive information, there isn’t a whole lot to talk about with the product line for CPS Traders. Product lines are key for companies, as it allows them to sell goods and services to retail customers in exchange for consistent revenue.

CPS Traders doesn’t have a product line, so as a result of this, they don’t have any money coming in from retail sales. This means that the only funds keeping the company afloat are coming from investments that their affiliates are paying, and this is a business model that proves to fail time and time again.

What About The Compensation Plan For CPS Traders?

As for the compensation plan that the company has set in place, CPS Traders asks their affiliates to invest their cash into something the company calls “Trading Points.” These Trading Points supposedly offer affiliates an ROI that they’ll earn on for 100-days, and affiliates can earn additional cash through recruitment of other members and shopping activity that takes place within their downline.

Trading Points

Now, about those Trading Points. These points are a form of virtual currency that CPS Traders have created, and the current value of 1 Trading Point is $1 USD. The primary way to earn these points is by investing real cash, but they can also be earned by sending out spam for CPS Traders on social media.

Upon signing up for the affiliate program that CPS Traders offers, new members will be given the option to sign up for a monthly fee that will enable them to earn Bonus Points. The Free membership level will award affiliates with 50 Bonus Points, but paying $10, $50, or $100 each month will result in an affiliate earning 100, 120, or 150 Bonus Points respectively.

Once an affiliate is able to send our spam for CPS Traders for a total of 70 days, they’ll be able to get their Bonus Points converted into Trading Points that actually have a real dollar value.

Shopping Commissions

One of the main aspects of CPS Traders is the e-commerce store that they have set up.

This e-commerce platform is used to do nothing but sell products they have from third parties, and if an affiliate for the company purchase products through this platform, a certain commission is generated throughout the company.

These commissions get paid out to affiliates through a unilevel payment system, and CPS Traders places a payment cap on the first 5 levels of a unilevel team.

Spending more money on a monthly membership will result in an affiliate being able to earn on more levels.

Recruitment Commissions

In addition to these shopping commissions, affiliates are also rewarded when they enlist other people to join the company’s affiliate program as well. Similar to the shopping commissions above, higher commissions are earned when recruiting when the recruiting affiliate pays more for their monthly membership fee.

The company also pays for recruitments on a residual basis, and CPS Traders organizes these commissions through that of a matrix. The actual matrix being used is a 2 x 21 matrix, so payments aren’t sent out here until all of the 4,194,302 positions have been filed up.

What’s The Cost Of Joining CPS Traders?

If you’d like to become an affiliate for CPS Traders, the initial membership is actually fee. However, if you want to if you want to have full access to the MLM opportunity that’s being offered, you’ll need to cough up money for a monthly membership fee.

There are three different levels offered – Starter, Inter, and Super. These plans cost $10, $50, and $100/month respectively, and spending more money a membership will result in an affiliate being eligible to earn more cash.

So, Is There A CPS Traders Scam Going On?

So, like with all business opportunities, you will hear things around the internet about there being a CPS Traders scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a CPS Traders scam going on or is this legit?

Well, to be honest, CPS Traders is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.
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Finally, My CPS Traders Review And Conclusion!

Overall, where do we stand with CPS Traders?

According to the company, they’re able to generate money through their e-commerce platform, advertising, forex, bitcoin mining/trading, and software/app development.

While the e-commerce platform the company has is a legitimate way to earn revenue, that’s the only one on that list that’s a legit way to fund a company.

We say that because none of these other things appear to be taking place within CPS Traders at all. Instead, the company primarily funds itself off of investments it gets from its affiliates. These investments are paid to cover monthly membership fees and to purchase Token Points, and since CPS Traders is quite obviously using these funds to pay off ROIs and commissions that they owe to other affiliates, they are clearly operating as nothing more than a Ponzi scheme.

In addition to the Ponzi nature surrounding the company, there’s also a strong sense of affiliates having to pay-to-play in order to be able to earn any real money throughout the company. Spending more results in an affiliate being eligible to earn more, and that’s never how a company should run.

As with all other Ponzi schemes, CPS Traders will run into serious problems once its recruitment and investment levels begin to die down. With less and less money coming into the company, they’ll be unable to pay off the ROIs and commissions that they owe.

And, because of the 100-day ROI that CPS Traders is using, investors won’t be aware of the company’s pending collapse until it’s far too late.

Hopefully, you have found my CPS Traders Review useful.

I wanted to give a lot of details because there have been other review of CPS Traders which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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