For a While, the name "FX" has been trending alongside trading companies and experts. Each day, new "FX Trading" platform keep coming out. Some are fake and some are real, which you can make money from.
Why should i be telling you this? This reason is simple. I want you to know What FX-Farms is really all about, if FX Farms is Legit or Scam.
What is FX Farms?
FX-Farms is an exceptional forex trading platform(website). Which provides the most profitable means for investors to invest funds in forex without any limitations. They have an innovative & creative thinking team, Passionate about the service they deliver.
The video below explains FX Farms way clearer, Watch and see what FX Farms is about
How To create FX Farms Account?
Here is how to Register on FX Farm Account, please reas and Carefully follow the steps to register.
Step 1. Visit the Website https://fxfarms.com/
Step 2. Fill in the Form with your data
Step 3. Verify your Email
Step 4. Check your Dashboard and complete your profile
Step 5. Get familiar with your Dashboard
Also Read: How to Open Nigeria Business PayPal account in Nigeria
How Can i earn on FX Farms?
The main purpose of use a trading platform is the earn profit from daily trading, How can you trade and how to make money from the platform is the next thing that comes blowing your mind.
Watch this video below and see how to earn? Go ahead and watch the video
Also Read: How to Save Money on Piggyvest and makeup to N5,000 daily
How do you feel about FX Farms?
Well, I also made more research and i got this available, check the screen shots below:
FX Farms Site is not Secured
Conclusion
By Behindmlm.com starts FX Farms is Scam
FX Farms’ passive investment opportunity constitutes a security.
On their website FAQ, FX Farms states:
Is Fx Farms Legally Registered?
Yes we are globally certified In United States of America & United Kingdom and our growth is in many parts of world.
Securities in the US and UK are regulated by the SEC and FCA respectively.
FX Farms is not registered with either the SEC or FCA.
This means that the company operates illegally in both countries. The US is of primary significance, as it currently generates 60% of FX Farms’ website traffic.
The only reason a passive investment opportunity MLM wouldn’t register to operate legally is if they aren’t doing what they say they are.
In the case of FX Farms, the company represents it generates external revenue via forex trading.
We are offering an advanced and more profitable forex trading platform that ensures maximum customer satisfaction.
No evidence of forex trading revenue being used to actually pay affiliates provided.
Furthermore FX Farms’ business model fails the Ponzi logic test.
If the company’s anonymous owners were capable of legitimately generating a consistent 2.45% a day, why share that for as little as $25?
Through compounding at 2.45% a day, even a modest amount will turn into a fortune relatively quickly.
The only verifiable source of revenue entering FX Farms is new investment.
Using new investment to pay affiliates a 2.45% daily ROI makes FX Farms a Ponzi scheme.
As with all Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve FX Farms of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Stay Responsible about FX Farms
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