Maximus Trades Inc MAXFOREX , a Mauritius-based company which provides a trading platform in foreign exchange through an e-portal, is encouraging high-risk investment through an MLM model.

Now, Multi-level marketing to entice investors in forex trading

The roots of Multi-Level Marketing MLM seem to be sinking in stronger. Maximus Trades Inc, a company formed by a few bankers and forex dealers in , is operating a chain marketing model through trading in foreign exchange.

We also have a desire to provide endless education on the value of forex trading and how that value can benefit you. Trading is supported by two Web-based platforms and a downloadable trading station.

Some virtual transactions are done online. They also offer Rs1, per month on a deposit of Rs12, It is flourishing rapidly. The company website claims to have offices in Athens, Barcelona, Bucharest, Istanbul, Shanghai and Tokyo. Despite the fact that the US-based Federal Trade Commission FTC had already warned people against being part of such a pyramid scheme some years back, people are still lured into investing in such models without realising the ramifications.

MAXFOREX claims that it does not manage investment portfolios and is not engaged in foreign trading consulting. It claims to have made asset allocation for 20 companies in the areas of real estate, Internet technology, insurance and retail. Chain marketing schemes are illegal in countries like Albania, Australia, Brazil, Bulgaria, Canada, China, Colombia, Hungary, Iceland, Italy, Japan, Malaysia, The Netherlands, New Zealand, Norway, the Philippines, Taiwan, Thailand and UK.

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Maximus Trades Inc MAXFOREX , a Mauritius-based company which provides a trading platform in foreign exchange through an e-portal, is encouraging high-risk investment through an MLM model The roots of Multi-Level Marketing MLM seem to be sinking in stronger.

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Phong Le 1 year ago SCHEME? IS DIRECT MARKETING A SCHEME.. Mzon 6 years ago We want your investment to continually grow, so that it can produce regular wealth and income for you and your family. DINESH SHARMA 7 years ago according to maxforex company news we have to wait. BUT IF SOMEONE GIVE ANY PROOF, COMPANY IS FROUD, THEN I WILL DEFINETLY ACCEPT. ABHAY 7 years ago sir,new site has opened on the name of dreamworldwide.

Since Oct 13th this company dissappeared from the net.

All the investors were unable to access their account i. This company has all its business online and claims to open new offices all over India soon. Finally this is cleared that it was a fraud network and company which cheated many people of their hard earned money So finally we decided to fight against this fraud and to recover our hard earned money back.

Lots of investors have already joined us to fight against this fraud company and get our hard earned money back at any cost. We hired a team of best cybercrime experts to reach the roots of this fraud network and then legally take action against them. PLEASE MAIL US 1. INFO OF AMOUNT 3. So we can have proper data. All your mails will be kept confidental.

ANJUM SUKHIJA 7 years ago hi sir ,i had invested a huge amount in maxforexonline. AJAY 7 years ago can we invest in this company? Ajay Pal Singh 7 years ago iam ready to invest but please tell me the risk factor with details. A different view of Warren Buffett A plethora of books has been written about Warren Buffett; Monthly Digital Access Subscribe Already A Subscriber?

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