Read this EchoOne (echoone.io) review before joining! Find out if this is real and legit and how long can you potentially keep earning.
EchoOne The Company:
There is no information about who owns or runs this investment system on their own website for what ever reason.
Usually this indicates that they are hiding (or hiding from something)!
However after digging around, I found out the CEO is a guy named Nicholas Bennett who claims he has over a decade of experience in Finance.
Their domain (echoone.io) was privately registered on:
76 days ago
Created on 2023-08-21
Expires on 2027-08-21
Updated on 2023-08-26
According to them…
We pride ourselves on our ability to blend trading psychology, continuous learning and mental resilience, setting us apart as your ideal trading partner.
This indicates that they are involved in some kind of trading but don’t elaborate on exactly how.
EchoOne Investment Plans:
According to them, investors can earn up to 1.8% daily returns on their investment.
Taxes:
They are charging a 3% deposit fee and 5% withdrawal fee.
Pay Days:
They claim that Saturday and Sundays investors can withdraw their earnings.
In the back office they are claiming that real trading is happening by showing ‘proof’ of trades records:
Personally this doesn’t mean anything in respects to showing real trades. You can get a plug in that displays records such as the one from above.
EchoOne Affiliate Program (MLM Compensation Plan):
They are rewarding affiliates and distributors who bring in others and convince them to invest their hard earned money through referral links.
They are using a Uni-Level Comp Plan that pays to a depth of 4 Levels Deep:
1- 9%
2- 5%
3- 2%
4- 1%
Then if someone reaches the affiliate rank of team leader, they can unlock 10 levels deep:
Level 1
12% referral rate
Level 2
6% referral rate
Level 3
3% referral rate
Level 4
2% referral rate
Level 5
1% referral rate
Level 6
0.5% referral rate
Level 7
0.5% referral rate
Level 8
0.5% referral rate
Level 9
0.5% referral rate
Level 10
0.5% referral rate
Conclusion:
I don’t recommend them.
Why?
Too many red flags:
1- CEO / founder can not be verified as there is no clear digital foot print outside of EchoOne
2- Not Licensed
3- No proof of revenue outside of MLM Plan
4- No real proof of trading
5- Unsustainable ROI
Lastly…
If Nicholas and the gang could actually come up with a way to make themselves 1.8%, why would they need an MLM Compensation Plan?
Once Network Marketing Recruitment dries up, this scheme will collapse leaving the majority of passive income participants in deep losses.
This concludes my EchoOne Review.
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EX Canadian Truck Driver
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