Cappmore FX fails to provide ownership or executive information on its website.
Cappmore FX’s website domain (“cappmorefx.com”), was first registered in November 2021.
The private registration was last updated on January 18th, 2023, which appears appears to be the time Cappmore FX’s owner(s) took possession of the domain.
This is based on Cappmore FX’s official FaceBook page being created in March 2023.
Further research reveals Cappmore FX affiliates citing Ajay Arya as CEO of the company.
Other than noting Arya appears to be an Indian national, I wasn’t able to put together a verifiable history.
Cappmore FX marketing material cites Arya as founder of “The Teachable Tech”:
This corresponds with Saksham Trading Academy, an Indian company offering forex trading courses:
We, SAKSHAM TRADING ACADEMY (The Teachable Tech), situated at Karad, Maharashtra are one of the leading institutes for stock market trading and offer the best and uniquely designed courses.
This would suggest Cappmore FX is also being operated out of India.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Cappmore FX’s Products
Cappmore FX has no retailable products or services.
Affiliates are only able to market Cappmore FX affiliate membership itself.
Cappmore FX’s Compensation Plan
Cappmore FX affiliates invest funds on the promise of passive returns:
Classic – invest $10 or more
Elite – invest $500 or more
ECN – invest $2500 or more
The MLM side of Cappmore FX pays on recruitment of affiliate investors.
Referral Commissions
Cappmore FX pays a commission on personally recruited affiliates who invest.
Referral commission rates are determined by how much a newly recruited Cappmore FX affiliate invests:
recruit a Classic tier affiliate and receive $6
recruit an Elite tier affiliate and receive $9
recruit an ECN tier affiliate and receive 12
ROI Match
Cappmore FX pays a ROI Match via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Cappmore FX caps the ROI Match at five unilevel team levels.
The ROI Match is paid as a percentage of passive returns received across these five levels as follows:
level 1 (personally recruited affiliates) – 8%
level 2 – 2%
level 3 – 1%
levels 4 and 5 – 0.5%
Joining Cappmore FX
Cappmore FX affiliate membership is tied to an initial minimum $10 investment.
Cappmore FX Conclusion
Cappmore FX represents it generates external revenue via copy trading, purportedly tied to forex and CFD trading.
Cappmore FX is an i
🤖 Quick Answer
Who is behind Cappmore FX?Cappmore FX's website lacks transparent ownership information. Research identifies Ajay Arya as CEO, reportedly an Indian national connected to Saksham Trading Academy, which offers forex trading courses. The domain registration occurred in November 2021, with updates through January 2023, while the official Facebook page launched in March 2023.
Why is Cappmore FX's registration history significant?
The domain's private registration and recent updates coincide with the establishment of official social media presence, suggesting relatively recent operational activity. This timeline raises questions about the company's organizational transparency and regulatory compliance standards.
What regulatory concerns exist regarding Cappmore FX?
The lack of verifiable executive background information and absence of disclosed ownership details present potential red flags for regulatory oversight. Copy trading platforms typically require clear identification and legitimate credentials from managing personnel.
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