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AI Global Forex Review – Convicted Fraudster Peddles Forex Software

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Welcome to my AI Global Forex Review. AI Global Forex is a Forex network marketing business. At first glance, I actually thought this looked ok. Sometimes I wish I didn’t keep digging so much, but I did and a found a whole lot of juicy info about the person behind this “opportunity”.

AI Global Forex claim that they have an incredible trading bot algorithm, that dominates FOREX trading. The main trading bot is known as “Benjamin”. It was created by self proclaimed genius and all round sketchy character David Mayers.  David Mayers has multiple convictions for fraud…….YAY!.

The SEC really hates FOREX MLMs and actually considers them illegal. AI Global Forex have an unlicensed security offering that they are pushing through an MLM structure. The SEC will not tolerate this if AI Global Forex happens to get big enough. I predict that this opportunity will not be a long term one.

Naturally they have commissions for retail sales. They also have a networking marketing compensation plan, that rewards affiliates with residual income.

Once you read the review, you will be able to decide if AI Global Markets is one of the many legitimate ways to make money onlineI do not promote, nor I am I affiliated with AI Global Markets.

AI Global Forex – Summary

Key Figures: David Mayers AKA Quicksilver

Product Type: Forex Trading Bot MLM

Summary: To use the bot you pay $199 one time, then $145 per month. The monthly volume can be achieved through 3 personal sales each month.

To earn you must be a Qualified Affiliate by referring 3 customers and also pay an extra $15 per month. Qualified Affiliates are eligible to participate in the Compensation Plan.

See The Comp Plan Here.

This is going to attract unwanted attention from the SEC

Rating: D

Verdict: These guys are hyping the FOREX trading bot, but unfortunately trading bots never work very well. I doubt they will have many customers using the bot successfully. The real deal with this is selling the “opportunity”. It is not a scam, but is sketchy AF

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Quick Navigation

What Is AI Global Forex?

AI Global Forex is peddling some Forex software created by CEO and convicted fraudster David Mayer. David Mayer usually calls himself “Quicksilver”. My guess is because he doesn’t want people googling his rap sheet. Mayer has been selling his bots for a while through his company Silver Star Live Software. AI Global Forex puts an MLM structure over it all.

I want to be fair here and point out that just because someone has fraud convictions and then creates a “Forex Bot” does NOT necessarily mean that the trading bot is a scam. Lets just say that it doesn’t fill me with confidence.

Whilst, I am pretty happy with the income from my top way to make money online, I am still  going to be unbiased with my review of AI Global Forex. Maybe you will get angry at me and I understand that. I am just reporting what I find out.

Let’s get into the details with the products and opportunity of AI Global Forex.

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AI Global Forex Product Range

For a one time fee $199 and a monthly fee you will have access to the algorithms of “genius” David Mayer. These trading bot algorithms will trade FOREX for you automatically.

Benjamin MT5

Trading Capacity: Up to $25,000 in trading – Manages even your manual trades – Forex Currencies: All of the most popular Forex currencies are available – Forex Platform: MT5. This is the standard model which attempts to balance risk/profit.

Conservatrader MT5

Manages even your manual trades – Forex Currencies: All of the most popular Forex currencies are available – Forex Platform: MT5 – License Period: Month to month. Very conservative trading and thus lower profits.

Hamilton MT4

This bot attempts to get higher gains and thus is considered to have a higher risk of losing trades.

 

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Compensation Plan

 

First Order Bonus

$40 is paid for each initial sale. This is a once off bonus per sale.

3×9 Matrix

Each personally sponsored (PS) person opens up a new level of your matrix.

  • 3 sales unlocks level 1 =3 people = $9.00
  • 4 sales unlocks level 2 = up to 9 people = $27.00
  • 5 sales unlocks level 3 = up to 27 people = $81.00
  • 6 sales unlocks level 4 = up to 81 people = $243.00
  • 7 sales unlocks level 5 = up to 243 people= $729.00
  • 8 sales unlocks level 6 = up to 729 people= $2,187.00
  • 9 sales unlocks level 7 = up to 2,187 people = $6,561.00
  • 10 sales unlocks level 8 = up to 6,561 people = $19,683.00
  • 11 sales unlocks level 9 = up to 19,683 people = $59,049.00

Residual MLM Commissions

Paid weekly as long as you are qualified for that week. You need to also have 55% customer sales for 45% affiliates to get paid for the rank that you qualify for.

Ranks Qualified Volume Monthly Residuals Line Max
Icon50 435 150 1/1/1
Icon600 1740 600 4/4/4
Icon500 5075 1500 10/10/15
Icon3000 13050 3000 30/30/30
Icon5000 36250 5000 100/100/50
Icon10 72,500 10000 200/200/100
Mogul25 181250 25000 500/500/250
Mogul50 362500 50000 1000/1000/500
Mogul100 725500 100000 2000/2000/1000
Gold Star 2175000 250000 6000/6000/3000
Silver Star 4350000 500000 12000/12000/6000
Legend 8700000 1000000 24000/24000/12000

 

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What I Like About AI Global Forex

 

Great Compensation Plan

This comp plan is extremely lucrative. People are going to make a lot of money with this. Unfortunately I feel that the program is a bit too sketchy and I doubt that the product itself will work very well. Comp plans are not enough if the product doesn’t work or the program is not compliant.

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What I dislike about AI Global Forex

Founder Is A Convicted Fraudster

David Mayer has done pretty well to hide his past including calling himself “Quicksilver” instead of his real name.

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Unfortunately for “Quicksilver” my google fu is strong. He has convictions for identity theft and credit card fraud. Not really what I look for in a founder to be honest. Check just a small section from his rap sheet.

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If you want to read more head over to arrests.org

High SEC Risk

This program would be deemed and unlicensed securities offering and will be shut down by the SEC. They are pretty busy though though it may take a while!

David Mayer Claims To Be A Genius

David Mayer carries around a piece of paper that says he is ranked as having the 93rd highest IQ of all time. That would place him 7 places above Stephen Hawking who is ranked at 100. Naturally, this is complete bullshit. Source Top 1000 Geniuses Of All Time

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The Real Deal With AI Global Forex

To be fair AI Global Marketers is not a scam but it is extremely shady. The SEC hates Forex and Crypto MLMs with a passion. I will let you draw your own conclusions about David Mayer. This is an illegal, unlicensed securities offering and will be shut down eventually. 

Verdict

Nope! I am going to have to give this one a D.

#theprelaunchinspector

Julian Leahy

The Prelaunch Inspector

How I Make A Living

I have developed a strategy using a legitimate affiliate program that allows me to hangout at home with the kids all day.

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9 Comments

  1. Giliane Montpeyroux

    So you do not recommend Benjamin or Hamiltons? I have little money but would like to trade because I believe I have a nack for it. What do you recommend I do with $500.00?

  2. Benjamin830

    I’ve studied Forex and tried several services from multiple companies. So far Hamilton is the only software I’ve found that works. Hasn’t had a losing day In the 3 weeks I used it. It may lose some trades; but ultimately it profits every day.

    I justed it out with a demo account being very conservative at the lowest settings and saw it profit every week over $100. Just went live yesterday with only $200 and it profited me so far over $18.

    I’m being conservative because I have my doubts too. If they get shut down at least I can say I made money and my money is in my brokerage account and not tied up with AI Global.

    Anyone who is reading this I suggest you give it a try.

  3. Danny

    The problem with this review is that you yourself did not actually USE the product… so this is not a review, it’s a “guestimation” or a “this is what I surmise, and oh btw… buy my product instead!”

    The software works, as another commenter has posted already I also have not had a losing day of trading. I really wish you would have actually, you know… TRIED the software for a few months in order to leave a real, legitimate review. But thank you for the info and your “Google Fu” sleuthing.

    I also bought a sales training system from Jordan Belfort… a person who was convicted and went to prison.. because I want to learn SELLING from him. It’s the product that we are interested in.

  4. Rodney

    All I know is I was using it for almost two months and it was working perfectly for me and my friends I put on. I actually came across this review in an attempt to find David to ask if he can develop something personally for me and my investment group because I’m pissed it got shut down and I’m not getting those returns anymore. Any contact information anyone may have on him please send my way.

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