EcoTrade provides no information on its website about who owns or runs the company.

EcoTrade’s website domain (“ecotradeapp.com”) was privately registered on April 1st, 2021.

I came across EcoTrade as part of my research into
Speed Finance Club
.

These Ponzi schemes are run by the same group of individuals, who are tied to the Tendencia Trading YouTube channel.

These scammers appear to be located across Brazil, the Dominican Republic and Venezuela.

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.

EcoTrade’s Products

EcoTrade has no retailable products or services.

EcoTrade affiliates are only able to market EcoTrade affiliate membership itself.

EcoTrade’s Compensation Plan

EcoTrade affiliates invest bitcoin on the promise of a daily 0.1% to 3%. daily ROI.

Returns are paid until 200% is reached, after which reinvestment is required to continue earning.

Note that EcoTrade charges a 10% withdrawal fee.

Referral Commissions (unilevel)

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.

EcoTrade caps referral commissions at four unilevel team levels.

Referral commissions are paid out as a percentage of invested funds across these four levels as follows:

level 1 (personally recruited affiliates) – 6%

level 2 – 4%

level 3 – 3%

level 4 – 2%

Referral Commissions (binary)

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each day EcoTrade tallies up new investment volume on both sides of the binary team.

Affiliates are paid 5% of funds invested on their weaker binary team side.

Once paid out on, investment volume is matched against the stronger side and flushed.

Any leftover volume on the stronger binary team side carries over.

Note that leftover volume on the stronger binary team side is reset every six months.

Rank Achievement Bonuses

EcoTrade rewards affiliates for generating downline investment volume with the following Rank Achievement Bonuses:

Take Profit 1 – generate $300 investment volume

🤖 Quick Answer

What is EcoTrade and what does it claim to offer?
EcoTrade is an online platform that claims to generate returns up to 3% daily. The company provides no transparent information about its ownership or management on its website. The domain was privately registered in April 2021, and the platform offers no retailable products or services to customers.

What is the connection between EcoTrade and Speed Finance Club?
EcoTrade and Speed Finance Club are operated by the same group of individuals. Both schemes are linked to the Tendencia Trading YouTube channel and are identified as Ponzi scheme operations run by scammers based in Brazil, the Dominican Republic, and Venezuela.

What compensation structure does EcoTrade use?
EcoTrade's compensation plan focuses exclusively on recruiting new affiliates rather than selling legitimate products. Affiliates can only market EcoTrade membership itself, which is characteristic of multi

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