Eaconomy Review – Legit Or Scam?

Eaconomy ReviewHas someone approached you lately about joining Eaconomy?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Eaconomy.

I simply wanted to gather all the details here for you in my Eaconomy Review so you can make an informed decision.

Is Eaconomy truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Eaconomy.

Let’s get going!

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What The Heck Is Eaconomy?

Kicking off my review of Eaconomy, here we have an MLM opportunity that first debuted around three-four weeks ago under a different name of “Global Takeover.”

Global Takeover was very secretive about the choice for its name and what exactly it was bringing to market, but following this pre-launch phase, it eventually took on the name we have today of “Eaconomy.”

Hassan Mahmoud is the President of Eaconomy, and for all intents and purposes, is the person in charge of leading it. Prior to his time with Eaconomy, Mahmoud previously appeared in the MLM space as one of the co-owners of Silverstar Live in January of this year.

Silverstar Live’s claim to fame was that it allowed people to invest in securities for an ROI through the use of a fully automated forex bot. There appears to have been some sort of conflict between Mahmoud and his wife, and as a result of this, Silverstar Live quickly collapsed.

The company was renamed as “AI Global” for a short stint, and following this, was rebranded again as “AI Expert Advisor.” However, neither of these two things appear to have gotten very far at all.

In addition to Mahmoud, also involved with Eaconomy is Sal Leto who is serving as the company’s Vice President of Operations. If that name sounds familiar to you, that’s because Leto was involved in the popular OneCoin opportunity a couple years ago. Following the closure of OneCoin, Leto moved on to the likes of iPro Network.

Eaconomy Scam

What Can You Tell Me About The Eaconomy Products?

Take a look at the product line that Eaconomy brings to the table, there are a few forex bots being offered that Eaconomy refers to as “expert advisors.”

They include:

  • Traide Ringer — “this advanced expert advisor creates a ring around price like a wheel that rotates and captures profit as the wheel turns.”
  • Traide Runner — “this top forex expert advisor can make over a hundred trades a day collecting small wins that add up like a scalper.”

If you’re interested in either of these, they’ll both set you back $247 upfront and then $169/month following that.

What Can You Tell Me About The Eaconomy Compensation Plan?

Should you choose to join Eaconomy as an affiliate, you’ll make money by qualifying for commissions and then getting other people to buy the trading bots + recruiting other affiliates.

To qualify for commissions, affiliates must have a 55% retail volume rate for the first three legs of their recruitment activity. In this case, a recruitment leg is when an affiliate personally recruits someone else into Eaconomy.

Once that’s done, you’ll primarily earn through the retail/recruitment rates.

A one-time commission of $40 is offered for the first bot that’s sold/recruited member of an affiliate’s fourth leg, and following that, all subsequent commissions are set at $15.

Are There Membership Fees For Eaconomy?

In order to be an affiliate for Eaconomy, you’ll need to pay the membership fee of $79 upfront and then $29/month.

Is Eaconomy A Scam?

If you’ve come across a review that says Eaconomy is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Eaconomy? Is it really a scam, or is it legit?

I would say no. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Eaconomy?

Wrapping that up, just where does that leave us with Eaconomy?

This is an opportunity that revolves around people joining, recruiting other members, and getting them to buy the trading bots that are being sold.

While these are technically available for retail customers, it does seem clear that there’s a big focus on getting more and more affiliates to join.

Recruiting companies can be quite profitable if you have a knack for that sort of thing, but I am a little concerned with the joining + bot costs compared to the commissions being offered. You’ll need to do a lot of recruiting in order to make a good profit, and with so many other companies out there offering much better rates, it does put Eaconomy in a bit of a tough spot.

It might still be worth looking into, but I’d advise you to keep your options open.

I hope that you are able to use my research in my Eaconomy Review to make a decision.

If you do decide to become an affiliate with Eaconomy, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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