Venus FX Review – Good Opportunity Or Big Scam?

Venus FX ReviewRecently, Venus FX has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this Venus FX review do you can learn the honest truth and decide if it’s right for you.

Is Venus FX a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my REVIEW OF VENUS FX.

Let’s get started.

First, you can watch my review video of Venus FX on YouTube.

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What The Heck Is Venux FX?

Venus FX provides no information who owns or operates the business on their website.

Their domain, venusfx.com has been registered since October 6, 2015, with all the domain registration information set as private.

According to their site, Venus FX says the company was

Incorporated in New Zealand dated 11th December 2015.

It was registered as NZ Limited Company with NZ Business Number: 9429042102731.

This record does indeed exist, and Shahidrawadey Shahidan is states as the owner. The address listed is a virtual office that costs $232 NZD (or $171 USD) per year plus $29 NZD ($20 USD) per month.

This would prove that Venus FX exists by name only in New Zealand, and based on what I can find, it appears as though it is in fact run from Malaysia:

Due to encouraging, responsive and positive feedbacks, VENUS FX decides to have a centre in Kuala Lumpur hence VENUS FX Malaysia Training Centre was established in January 2016.

Venus FX says their Malaysian centre is merely ‘a meeting point among clients, prospects and the management.’ Because there is Venus FX “management” located there, I would say this indicates a corporate headquarters.

Looking at UK Corporate records, it appears as though Shahidrawadey Shahidan is in fact Malaysian and lives in Malaysia.

As I have said before, if an MLM is not forthcoming with information about who owns and operates the business, use caution before giving your money over.

venus FX scam

What’s The Venus FX Products?

Venus FX currently offers no retail products or services, and affiliate may only market affiliate memberships for venus FX.

What About The Compensation Plan For Venus FX?

Within Venus FX, and affiliate is required to invest between $100 and $10,000, and then recruit other affiliates who will do the same.

Venus FX pays a commission for affiliate recruitment, along with 4% – 6% daily ROIs for 80 days.

Recruitment Commissions

An affiliate signs up by investing different amounts, as follows:

  • $100
  • $500
  • $1000
  • $3000
  • $5000
  • $10,000

A 25% recruitment commission is paid out to the recruiting affiliate.

If an affiliate doesn’t themselfs invest, then commissions are paid down to three levels of recruitment, as follows:

  • 30% on level 1
  • 20% on level 2
  • 10% on level 3

Residual Recruitment Commissions

Affiliates can earn Residual recruitment commissions through a binary compensation structure.

This places you at the top of your binary team, with two positions directly below you on Level 1. Those two positions are split into four positions on Level 2, and so on. Theoretically, a binary team can extend to infinite levels.

At the end of the day, all invested money across both of your binary sides is added up. A Venus FX affiliate is then paid out 10% of the invested funds on the weaker binary side.

This volume on both sides is flushed daily, and the process restarts.

Venus Fx compensation structure

Passive ROIs

A passive ROI is earned at 4 – 6% daily for 80 days.

At the conclusion of 80 days, Venus FX keeps 30% of the total ROI, and then pays the affiliate the remaining 70%. An affiliate may reinvest or withdraw their funds.

Venus FX offers a referral commission on ROIs earned by a Venus FX affiliate’s downline, utilizing a unilevel compensation structure for compensation.

A unilevel compensation structure places you at the top of your unilevel team, with each personally recruited affiliate placed on your level 1.

Any affiliates recruited by members on your Level 1 are then placed on your Level 2, and so on

Venus FX caps payable unilevels at 10, and affiliates earn 1.5% on any ROIs earned by the unilevel team.

What is the cost of joining Venus FX?

A Venus FX affiliate can only earn on three levels of recruitment commissions.

In order to gain full access to the Venus FX income opportunity, you are required to invest a minimum of $100.

The amount that is initially invested is directly related to the earning potential.

So, Is There A Venus FX Scam Going On?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and Venus FX might be a scam with them.

Having read the review above, you might be wondering if Venus FX is legit or completely a scam.

So, is it a scam?

Is venus Venus FX a scam, or can you make a proper business with it?

Honestly, Venus FX isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

One particular HUGE problem is the lack of a proper product.

And so many opportunities suffer from this.

They are just selling thin air.

Thankfully, there are businesses still out there who have a useful product line which can be sold “regardless” of the business opportunity side. For example, Digital Altitude (which I reviewed recently here) has a great product line and does not force you to promote “only” the business opportunity side.

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

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Finally, My Venus FX Review And Conclusion!

A Managed Forex is the premise behind the Venus FX ROI scheme. No real details about the Forex are provided, and an affiliate would have no idea what is being invest and where.

The only real verifiable source of income for Venus FX is affiliate investment.

Venus FX says they pay at least 25% of invested funds out on commissions, and they claim to generate between 320% and 480% ROI on those same invested funds within 80 days.

I don’t know about you, but that doesn’t seem very likely to me.

Hopefully, you have enjoyed this Venus FX Review.

I wanted to give you this in-depth review because there have been plenty of other Venus FX reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

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