Eaconomy Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Eaconomy has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Eaconomy in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Eaconomy.
I wanted to gather all the information about Eaconomy in my Eaconomy Review in order for you to make a decision about joining Eaconomy.
Is Eaconomy legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Eaconomy.
Read on to find out what you need to know.
What The Heck Is Eaconomy?
Eaconomy is the latest MLM opportunity in line for my full review, but before we go any further, it’s worth mentioning that the company didn’t always go by this name.
During its pre-launch phase a little under a month ago, Eaconomy was referring to itself as “Global Takeover.” During this pre-launch, we weren’t given any explanation as to what the name meant or what the company was setting out to do. However, we now have much more details available now that it’s officially launched as Eaconomy.
Leading Eaconomy is President Hassan Mahmoud, and prior to his time here, he was a co-owner of another opportunity — Silverstar Live.
Silverstar Live allowed people to invest in securities and used a forex trading bot to handle these. Unfortunately, due to a fallout that occurred between Mahmoud and his wife, Silverstar Live started to collapse.
Efforts were made to revive the company, including two rebrands to AI Global and then AI Expert Advisor. However, neither of these two reboots seemed to have gone anywhere.
Along with Mahmoud, Sal Leto was also helping out at Silverstar Live as he was the Vice President of Operations.
Before joining Silverstar Live, Sal Leto was also involved with iconic MLM companies such as OneCoin and iPro Network.
What Are The Eaconomy Products?
While the affiliate membership is definitely the main focus for Eaconomy, it does have two products being offered. These products are forex bots, but for some reason, Eaconomy chooses to refer to them as “expert advisors.” In any case, the two being offered include:
- Traide Ringer — “this advanced expert advisor creates a ring around price like a wheel that rotates and captures profit as the wheel turns.”
- Traide Runner — “this top forex expert advisor can make over a hundred trades a day collecting small wins that add up like a scalper.”
If you want to buy either one, they’ll set you back $247 upfront and then $169 each and every month following that.
What About The Compensation Plan For Eaconomy?
When it comes down to making money as an Eaconomy affiliate, this is done by selling forex bots to people/recruiting other affiliates into Eaconomy.
Before you earn a penny, however, you need to first qualify for commissions.
In the case of Eaconomy, this is done by ensuring 55% of your first three recruitment legs consists of retail volume. Here, recruitment legs are code for members you personally recruit into Eaconomy.
Once that qualification is met, your first paid commission for selling a bot or recruiting someone pays you a rate of $40. Following that, however, all subsequent commissions are lowered to $15.
You can earn additional income through various bonuses that Eaconomy offers, but the base commission rates are fairly low considering the fees needed to join the company.
What’s The Cost Of Joining Eaconomy?
Speaking of joining Eaconomy, the affiliate membership will set you back $79 upfront + $29/month.
So, Is There A Eaconomy Scam Going On?
Have you been hearing rumours that Eaconomy is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Eaconomy scam going on?
If I am being perfectly honest, Eaconomy isn’t a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Eaconomy Review And Conclusion!
MLM opportunities that revolved around forex trading bots aren’t anything new, meaning we’ve sort of seen companies like Eaconomy quite a few times before.
That’s not an insult by any means, but it does mean that Eaconomy is facing a lot of stiff competition. Because of that, I think it may have a hard time standing out as something people will be super eager to join.
The joining costs aren’t too outrageous, but when compared to the base commissions, it means you’ll need to be doing quite a lot of recruiting in order to make good profits.
That may not deter some people at all, but if you want to ensure you get the most money for your work, I might suggest looking into something else if Eaconomy isn’t catching your fancy.
Good luck with whatever you decide to do!
I really hope you have gained value from my Eaconomy Review.
I wanted to make sure you had all the information you needed, because most other Eaconomy reviews are just trying to sell you something.
If you really do decide to join Eaconomy, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!