Epic Trading operates in the forex MLM niche. The company provides a corporate address in the US state of Nevada on its website.
Heading up Epic Trading is founder David McCovy.
McCovy appears to have first found success in
5Linx
, having risen to the Senior Vice President rank circa 2014.
After 5Linx McCovy (right) joined the since-collapsed
Paycation
pyramid scheme.
McCovy’s stint at Paycation was brief. In 2015 he ditched the company and launched Evolution Travel.
BehindMLM
reviewed Evolution Travel
in 2018 and found it was a pyramid clone of Paycation.
Evolution Travel’s website is still up today, so it seems McCovy intends to continue running it alongside Epic Trading.
Epic Trading President Spencer Iverson has also appeared on BehindMLM, most recently in connection to
Jewel Sanitary Napkins
.
Read on for a full review of Epic Trading’s MLM opportunity.
Epic Trading’s Products
Epic Trading markets “Epic Scholar”, a forex training platform.
Epic Trading provides Epic Scholar subscribers with
trade alerts
trading sessions
fundamental analysis and
market forecasts
An Epic Scholar subscription is $99.99 a month.
Epic Trading’s Compensation Plan
Epic Trading affiliates are paid on Epic Scholar subscriptions sold to retail customers and recruited affiliates.
Commissions are tied to twelve affiliate ranks, qualification criteria for which is provided below.
Epic Trading Affiliate Ranks
Affiliate – sign up as an Epic Trading affiliate and continue to pay monthly membership fees
Founder – recruit 3 affiliates and generate 300 GV a month
Founder 500 – maintain three personally recruited affiliates, generate a downline of 10 affiliates and generate and maintain 1000 GV a month
Founder 1000 – maintain 3 personally recruited affiliates, generate a downline of 30 affiliates and generate and maintain 3000 GV a month
Founder 2000 – maintain 3 personally recruited affiliates, generate a downline of 80 affiliates and generate and maintain 8000 GV a month
Founder 5000 – maintain 3 personally recruited affiliates, generate a downline of 250 affiliates and generate and maintain 25,000 GV a month
Ambassador 10 – maintain 3 personally recruited affiliates, generate a downline of 500 affiliates and generate and maintain 50,000 GV a month
Ambassador 20 – maintain 3 personally recruited affiliates, generate a downline of 1000 affiliates and generate and maintain 100,000 GV a month
Ambassador 50 – maintain 3 personally recruited affiliates, generate a downline of 2500 affiliates and generate and maintain 250,000 GV a month
Icon 100 – maintain 3 personally recruited affiliates, generate a downline of 5000 affiliates and generate and maintain 500,000 GV a month
Icon 200 – maintain 3 personally recruited affiliates, generate a downline of 15,000 affiliates and generate and maintain 1,500,000 GV a month
Icon 500 – maintain 3 personally recruited affiliates, generate a downline of 40,000 affiliates and generate and maintain 4,000,000 G
🤖 Quick Answer
What is Epic Trading and who founded it?Epic Trading is a forex signals and training platform operating in the forex MLM niche, with a corporate address listed in Nevada, USA. The company was founded by David McCovy, who previously held the Senior Vice President position at 5Linx around 2014.
What is David McCovy's background in MLM companies?
David McCovy has held senior positions in multiple MLM ventures. He rose to Senior Vice President at 5Linx, subsequently joined the Paycation pyramid scheme briefly, and launched Evolution Travel in 2015, which BehindMLM identified as a Paycation clone still operating today.
Who is Spencer Iverson in relation to Epic Trading?
Spencer Iverson serves as President of Epic Trading. He has previously appeared in BehindMLM coverage, most recently in connection with other MLM-related ventures, alongside
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