Binom Review: Legit Business Opportunity /W 4.6% ROI or Huge Scam?
Welcome to my Binom Review!
This is one of the latest companies to pop up on my radar so I decided to check it out for myself and see what the fuss was about.
Chances are someone approached you about the investment opportunity and you landed here to make sure it’s something you can do.
Something that is actually legit and won’t run with your money right?
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision…
Make sure you read this post to the end to find out the truth…
Binom Review – The Company
I decided to op on Binom’s website to see who runs the show or owns it, but there was no information at all…
I dug deeper and checked out the domain “binom-corp.com” and found out it was privately registered on March 22nd, 2018.
There is a red flag here…
First, the company claims its been operating since 2015…
But the website is only several months old when I published this post?
That makes no sense.
Anyway, let’s take a look at the products next…
Binom Reviews – The Products
As a retail customer, you can’t purchase any products or services, but you can become an affiliate and promote their membership.
In other words, I can’t just go on their website and invest…
I have to become an affiliate first…
Anyway, that’s all I got on the products, let’s check out the compensation plan…
Binom Compensation Plan
Binom has affiliate invest funds on a promise of some kind of daily ROI:
- Liverpool – Invest $25 to $249 and receive a 1.7% daily ROI for 12 days (120.4%)
- Chelsea – Invest $250 to $4999 and receive a 2.4% daily ROI for 18 days (143.2%)
- Real – Invest $5000 to $49,999 and receive a 3% daily ROI for 30 days (190%)
- Barcelona – Invest $50,000 to $99,999 and receive a 4.1% daily ROI for 35 days (243.5%)
- Bayern – Invest $100,000 to $10,000,000 and receive a 4.6% daily ROI for 40 days (284%)
Binom also pays you to refer people into the company and pay you through a unilevel compensation plan structure.
You get paid a percentage on the invest funds of your referrals:
- Status 1 (Join and invest) – 5% on level 1 (personally sponsored affiliates), 2% on level 2 and 1% on levels 3 and 4
- Status 2 (Have others to invest $25,000 or more) – 6% on level 1, 4% on level 2, 2% on level 3 and 1% on levels 4 to 7
- Status 3 (Have others to invest $250,000 ore more) – 8% on level 1, 5% on level 2, 3% on level 3, 2% on level 4 and 1% on levels 5 to 8
- Status 4 (Have others to invest $2,000,000 or more) – 9% on level 1, 6% on level 2, 5% on level 3, 3% on level 4, 2% on levels 5 and 6 and 1% on levels 7 to 12
- Status 5 (Have others to invest $10,000,000 or more) – 11% on level 1, 7% on level 2, 6% on level 3, 4% on level 4, 3% on level 5, 2% on levels 6 to 9 and 1% on levels 10 to 15
- Status 6 (Have others to invest $30,000,000 or more) – 13% on level 1, 8% on level 2, 7% on level 3, 4% on level 4, 3% on level 5, 2% on levels 6 to 10, 1% on level 11 to 17 and 0.5% on levels 18 to 20
Binom rewards their affilaite for qualifying Status 4 and higher and get the following one-time bonuses:
- Status 4 – $80,000
- Status 5 – $250,000
- Status 6 – $500,000
That’s a big bonus if you ask me…
Cost to Join Binom
Binom members can join for free, but if you want to be part of the investment opportunity you must invest at least $25.
The moment you have been waiting for inside of this Binom review…
Verdict On Binom
Binom claim they make their ROI’s through long term partnerships with beting experts in Europe.
However, there is NO proof this this partnership to even exist.
Let’s get real for second…
Betting model even by experts still can’t promise you a fixed ROI.
Only thing I can see happening here is newly invested funds are paying off existing members which is creating the ROI’s.
Now if you do that, you can have a fixed ROI, however, this business model doesn’t last long.
Anyway, ponzi scheme’s are illegal and you probably shouldn’t join in my opinion. (1)
Because of that, I rate this the following:
I hope you enjoyed my Binom review and if you have any questions, feel free to ask anytime in the comments.
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