UEZ Markets Review: Don’t Trust This MLM Trading Scam
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UEZ Markets Review
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Trust
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User-Friendliness
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Business Model
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Profitability
Summary
UEZ Markets is operating as a traditional MLM company that is trying to get as much investment as possible before its eventual collapse. So, you should avoid investing in it. Instead, use reliable crypto trading bots to make money through legit platforms.
AI-based trading platforms have been on the rise for many years now. Recently, there has also been a significant increase in the number of scams related to automated trading and AI technologies. UEZ Markets is one such latest company that is claiming to be a platform capable of making money via AI trading.
It is important to evaluate the different aspects of UEZMarkets.com in detail to determine whether you can trust it with your investment or if it is just another Ponzi scheme. Keep reading this comprehensive UEZ Markets review to learn all about this company.
Overview of UEZ Markets
UEZ Markets is a trading company that allows users to trade different types of crypto coins, indices, Forex, and CFDs. Its website – UEZMarkets.com – states that the company was established in 2018, and its headquarters are in the Cayman Islands.
Moreover, it also claims that the company is a leading company in the trading fintech industry. Yet, there is no evidence that it has managed to garner any significant interest from users or investors over the years.
UEZ Markets also claims that the company is empowering people to become financially independent through investment and trading. Nevertheless, the business model of the company is similar to any other MLM trading company that relies on people’s investment before its eventual collapse.
Owner of UEZ Markets
The domain of the company, UEZMarkets.com, provides a lot of information, but it fails to mention the name of the CEO or the team behind the company. This is a common trend with many MLM companies and Ponzi schemes. Interestingly, the company does provide a picture of the company’s team in the About Us section but does not mention any of their names. Hence, it is not clear whether the picture is real or not.
The marketing material of UEZ Markets states that a person named Conor Burns is the CEO of the company. Other individuals, such as Marcus Jenssen and Mason Kong, are declared to be the CTO and VP of the company. However, researching these names does not show any other information on the internet except their fake social media profiles.
Domain Analysis
The analysis of UEZMarkets.com shows that the domain was registered way back in December 2020. However, the website of the company was not active until November 2022, when the owner of UEZMarkets bought the domain.
The website of the company falsely states that it has over five years of experience in the industry. Moreover, the social media profiles of UEZ Market are also trying to show that the company has been operating for a long time now. However, it is evident that the company is not even one year old. It is a common tactic for scam companies to present themselves as experienced players in the trading industry to win the trust of the users.
UEZMarkets.com also does not seem to be getting any significant traffic. Generally, countries like Vietnam (57%), Malaysia (37%), and Switzerland (3%) are contributing the most traffic to it.
Registration Fee of UEZ Markets
If you want to participate in the income opportunities of UEZMarkets.com, you have to invest at least $1000 in the company. This kind of amount is quite shocking because the website claims that the company is operating with the goal of making trading accessible to every individual. Moreover, it falsely claims that the company has an extremely low commission of $0.
In reality, only the initial affiliate membership of UEZ Markets is free. If you want to get access to any earning opportunity in the company, you will have to invest at least $1000 through bank wire or USDT.
Income Structure of UEZ Markets
Most MLM companies and scam trading companies operate with affiliate ranks at the centre of their business model. The same is the case with UEZ Markets. There are seven different affiliate ranks in the company. The qualification criteria for these different ranks are quite strict:
- Member Rank for which you have to register as an affiliate on UEZMarkets.com
- Supervisor Rank, for which you have to generate at least a $50,000 investment.
- Manager Rank for which you have to generate at least $250,000 investment.
- Marketing Manager Rank for which you have to generate at least $1,500,000 investment.
- Regional Manager Rank for which you have to generate at least $8,000,000 investment.
- Director Rank, for which you have to generate at least a $30,000,000 investment.
- Global Director Rank, for which you have to generate at least $70,000,000 investment.
Other than the criteria to make such heavy investments, there are also other metrics associated with these ranks, such as the number of people you recruit to the company. This kind of business model is similar to any other MLM company. Therefore, there is a high chance that the company can collapse at any time, so you should avoid investing in it.
Features of UEZ Markets
UEZ Markets claims to have many beneficial features to convince the users and make them invest in the company. Let’s evaluate these features in detail.
Integrity and Transparency
UEZMarkets.com claims to be a fair and transparent company that is trusted by lots of people around the world. However, there are multiple lies about the company, such as the year when it was founded. Moreover, the site does not seem to be getting much traffic, so it is hard to believe that it actually has a large client base.
Global Regulation
The company is promoting itself as a leader in the trading fintech industry that is globally regulated. However, the website does not mention any prominent regulatory body with which it is registered. In fact, UEZMarkets.com keeps repeating the same claim again and again that it is registered in the Cayman Islands. It does not elaborate on its claim of being globally regulated, which makes the entire company look suspicious.
Continuous Innovation
UEZ Markets make some very tall claims about how it allows users to trade different types of currencies and commodities to make profits. Furthermore, the website also states that the company is continually growing and improving to provide more features to users.
Yet, there is no evidence that there has been any significant growth in the company in the last few months. Instead, the company seems to be operating like any other MLM company that relies on investment from the users before its imminent collapse.
Quick Customer Support
Another prominent claim of UEZ Markets is that it has a reliable and robust customer support system through which users can easily contact the company. In reality, the company only provide two options to the users: to fill out a form to request a callback or send an email. This is certainly not a quick customer support system, as there is no option to immediately send a message or live chat with a company’s representative.
Conclusion
Overall, the business model and features of UEZ Markets point to the fact that it is not a legit trading platform. Instead, it is an MLM company that wants to take as much money as possible before it shuts down.
You should also keep in mind that UEZMarkets.com is asking for a minimum of $1000 investment to enter the affiliate ranks. This is a huge amount, and you should not spend it on a highly suspicious company. Instead, you should use crypto trading bots to make money through authentic and legit platforms.
