Start Options Review – Huge Scam Or Legit System?

Start Options ReviewIf you’ve been paying attention lately, you’ll notice that Start Options has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with Start Options as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my Start Options Review.

Is Start Options a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of Start Options.

Read below to find out more.

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What Is Start Options?

Taking a gander at Start Options’ website, there’s really not much to see.

There’s no mention of who’s running the company or who founded it, and this is something that always leaves me with a bad taste in my mouth.

Start Options’ domain name was registered on December of 2005, but it was then updated this year on December 18, 2017.

You’ll see an address for a condo in Manilla, Philippines on the Start Options website, but a marketing presentation for the company reveals a corporate address that’s in Auckland, New Zealand.

After doing a bit of snooping, it turns out that this New Zealand address actually belongs to a cafe that’s in the area.

Because of this, it’s safe to say that Start Options doesn’t have a physical presence in New Zealand and is using the address for the namesake and namesake only – same goes for the Philippines.

As for who’s involved with Start Options, the email address for support hints at someone with the name of “William Adelbert.”

I tried looking up Mr. Adelbert, but I wasn’t able to find any info on him either on the Start Option site or outside of it. As such, this probably isn’t a real person.

Start Options first appeared in the middle of 2016 as a investment scheme for binary options, but this appears to flopped at some point in October of that same year.

The Start Options that we have today came to light in May 2017, and when the new site first launched, an admin email was present with a name of “Marcello Flaviano.”

Also, on the original website for Start Options, the following message was present:

“Start Option is a regulated investment services firm authorised in the conduct of its activities by the New Zealand Securities and authorities under FSP number FSP1623.”

The FSP number that’s found here is connected to City Forex that was incorporated back in 2005 – the same year the Start Options domain was first registered.

Furthermore, corporate records for City Forex reveal that it was owned and run by Sunil Kumar Cheruvattath. I couldn’t find much information on Cheruvattath, but from what I’m seeing here, it seems like they’re the one running Start Options.

What Products Are Being Sold?

In regards to its product line, Start Options really doesn’t have one to talk about.

Not a single thing is being marketed or sold to retail customers, and this means you won’t find any retail sales activity.

The one and only thing that affiliates have to offer is the affiliate membership itself, and this means that Start Options is more than likely operating within the MLM underbelly.

Info On The Start Options Comp Plan

If you join Start Options as an affiliate, you’ll be asked to invest either bitcoin or USD so you can earn a monthly ROI that ranges from 25% up to as much as 60%.

Along with this, Start Options also offers an “aggressive trading” option that supposedly pays “up to 200%.”

There are a few different investment options to choose from, and they include:

  • Rookie – Members invest $1000 to $5499 (or 0.25 BTC)
  • Freshman — Members invest $5500 to $9999 (or 1 BTC)
  • Sophomore — Members invest $10,000 to $14,999 (or 2 BTC)
  • Junior — Members invest $15,000 to $24,999 (or 3 BTC)
  • Senior — Members invest $25,000 to $34,999 (or 5 BTC)
  • Pro — Members invest $35,000+ (or 7.5 BTC)

Affiliates are also given the opportunity to earn on referral commissions that are paid using a unilevel system.

With these, you can earn a 30% commission on level one, 20% on level two, 10% on level three, and a 5% commission on level four.

What Will It Cost Me To Join Start Options?

Although you can join Start Options for free, you’ll be limited to earning on referral commissions.

To make sure you earn on these and the ROI, you’ll need to make an investment of either $1000 or 0.25 BTC

Any Truth To The Start Options Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is Start Options a scam?

From reading above, you might already be thinking Start Options is a scam.

So, is it?

Is there a Start Options scam, or is it legit?

To be honest, Start Options isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My Start Options Conclusion

According to the Start Options website, this is “one of the world’s fastest growing Progressive Bitcoin Mining & Crypto Currency Trading” opportunities around.

Even so, the Alexa ranking for Start Options is just barely under the one million marker (for those that don’t know, that means it’s getting hardly any traffic).

The forex side of Start Options is pretty similar to the binary options system that was being offered with the first titration of the company, but the introduction of crypto trading/mining is new.

However, like a lot of other opportunities that promote stuff like this, there’s no evidence that any trading or mining activity is actually taking place.

As if that wasn’t already bad, Start Options isn’t registered with the SEC despite offering securities to U.S. residents – essentially making its operations in the U.S. illegal.

Start Options ends up being nothing more than your typical Ponzi scheme trying to cash in on the crypto hype, and as we’ve seen time and time again, this will result in most folks losing out while only the admin(s) earns anything of real value.

I hope you have gained value from my Start Options Review.

I have put all the details you need to know here, because all other reviews of Start Options have been fairly limited with details.

If you do decide to proceed with Start Options or any business, you’ll find my free training helpful – I will show you how to make money online.

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