In this blog post, I’ll be reviewing COMEX Trades and endeavor to answer the question Is Comex Trades A Scam?
It’s an investment opportunity that has popped up recently and I’ve decided to look a little closer.
Also, you might have been approached by somebody from the company who claimed that you would be able to make 6500% returns on your investment (ROI) with them.
You have now come here to see whether it’s legit or not.
In this brief review, I will be walking you through COMEX Trades, their merchandise if any, and compensation plan.
After reading this review, you’ll be able to make the correct decision.
PAY really close attention to all the facts as you read through this post till the very end…
Is Comex Trades A Scam? – Company Overview
When you visit their website you’ll notice that there is absolutely no information about who operates or manages the company.
After I viewed the company’s marketing video, we find out that someone named “Raymond Stokes,” is acting as their CEO.
I say “acting” in all seriousness because this marketing video looks like a bunch of actors were lip-syncing their parts. The words didn’t look like they were naturally coming out of their mouths.
“Raymond Stokes” looks like he’s reading from some que cards.
This “sales video” borders on comedy because it’s so absolutely fake and lip-synced.
Look at this scam video for yourself:
This sales video looked pretty fishy to me.
Also, it seems the office is a rented one…As a matter of fact, this is a rented office!
Raymond Stokes does not exist anywhere outside of COMEX Trades, which means that he has no digital footprints.
This means that the CEO is fake, another growing trend with these latest investment businesses.
The company’s domain ‘comextrades.com’ has been privately listed on December 31, 2018.
COMEX Trades did not exist previous to December 23, 2019, as that was the time when COMEX Ltd. was created in the United Kingdom.
If you want to incorporate a company without a lot of hassle, incorporating in the UK is a favorite choice for scammers because it’s relatively cheap and there’s very little regulation.
COMEX Trades is falsely asserting that they’ve been functioning from April 22, 2019, onward.
When you have a fake CEO falsely asserting that they’ve been functioning for more time than they have existed, that’s a HUGE red flag!
Comex Trades is similar to other multi-level business opportunities I’ve reviewed on this blog such as:
Is Comex Trades A Scam – No Merchandise For Retail Sale
The company does not have any retail services or products whatsoever. You will be able to become an associate and market their associate membership program though.
To top it off, you will be able to invest with the company for maybe receiving guaranteed returns on your investments.
Compensation and Joining Costs
COMEX Trades associates invest between $10 and $500k based on these promise advertised return:
- Till 20 days, every day 2.1%
- Up to 35 days, every day 2.5%
- Till 55 days, every day 3.5%
- Above 35 days, 650%
- 55 days and above, 1500%
- Above 70 days, 3000%
- Above 100 days, 6500%
Referral fees are paid for the deposited funds based on 3 levels as percentages:
- 5% for Level 1 (individually sponsored associates)
- 2% for Level 2
- 1% for Level 3
COMEX Trades associate membership does not attract any fees.
If you want to become a part of this investment opportunity you have to invest between $10 and $500k.
Is Comex Trades a Scam?
So, is COMEX Trades a scam or not?
Although it’s my opinion, I believe it’s safe to say that Comex Trades is a SCAM.
We’ll quickly review some facts again…
Their CEO is not real, and I could not find digital information about him on the internet.
Also, the company does not have any retail services or products, which according to government regulators makes this a pyramid system or a Ponzi scheme.
Other than this, the company is offering securities as they’re promising indirect returns.
Still, they have not registered themselves with any government authorities.
COMEX Trades has been attempting to provide securities in an illegal manner.
Here’s something else to think about:
If someone has figured out ways to get 6500% returns on investment every hundred days, why on earth would they need your money?
Anyone with that type of investing skill would be on every TV interview show you can think of telling people that they’ve found a way to get 6500% ROI in around 3 months.
Anyways, newly deposited funds are being used to pay off existing associates…
Once the enrollments slow down, COMEX Trades will go down.
The fake CEO or the administrators behind the business are just going to start another business and create another scam all over again.
I cannot recommend this business…
What You Need To Understand
Today, you cannot take money, invest it in some so-called program that claims high returns on your funds, and expect a financial jackpot.
It just doesn’t work that way.
Tens of thousands of people a day search the internet for “business opportunities” they can throw money at, sit back, and let someone else do the work of making money online.
People like that are the reason online scams and scammers exist.
Let me make this clear: YOU have to participate in your own financial rescue.
YOU have to do the work necessary of pulling yourself up out of the financial hole you’re in.
The best way to do that is to learn how to build a profitable online business.
I can say that because I’ve done it, and so has tens of thousands of people like yourself.
Tha best platform available to help you participate in your own financial rescue is Wealthy Affiliate.
Your Own Affiliate Marketing Business With Wealthy Affiliate
Wealthy Affiliate is a step-by-step program that takes you by the hand and teaches you how to build an affiliate marketing business so you can quickly start to achieve your goals of making money online.
Wealthy Affiliate makes the whole process of building an online business just that much easier.
Each module or lesson contains a complete analysis of what’s working today so you can easily and almost instantly gain an understanding of how affiliate marketing works.
In return this allows you to create a high-converting website of your own in a fraction of the time.
However, you might be wondering how you’re going to figure out the technical aspects of building your business.
I know exactly how you feel.
In fact, I felt the same way when I started!
And up until recently, there really was a learning curve.
However, with Wealthy Affiliate, I found a simple way to get my website built that’s 100% tech-free and I was able to build everything in a short period
Why Wealthy Affiliate Can Help You Build Your Own Online Business
You should always include a P.S.
Even when you’re writing a report or an article.
Lots of people scroll down to the end of the article before reading the whole thing
I’ve found out that many folks read the P.S. before they actually read the page; if you’re one of them, I’ll sum it up in 2 sentences:
1. Multi-level marketing is not a cool way to sell stuff and a poor business model.
2. Build your own affiliate marketing business and sell the stuff YOU choose to sell.