Menu Close

Softrade AI Review – Forex Ponzi Scam With Fake CEO

Welcome to my Softrade Ai Review.

Have you every watched a video promo of a passive crypto opportunity where the CEO has a thick (Serbian?) accent?

I hate to say it but that is usually a very bad sign. Even more alarming is the the CEO has a non-Serbian name. Those of you that have some experience with crypto/forex investing will know immediately that they are dealing with a scam and the CEO is using a fake name.

To us it seems very obvious but what if you come from a non-english speaking country yourself? In that situation you might not even notice the accent. And that is why these schemes are succesful. The fakery is very hard to pick up for such people.

In the case of Softrade Ai, the promo features a young 20 something calling himself Ryan Baines. It will be no surprise that Mr Baines has a Serbian accent. Lets watch a few seconds of the Softrade promo video, just to be sure:

 

Is This The EASIEST Money On The Internet? 

Softrade AI Review Summary

Key Figures :  Ryan Baines (Fake Name)

Product Type : Crypto/Forex Ponzi MLM

Summary :  Fake Forex trading is said to generate profits of between to 2% and 4% per weekday. The minimum package is $25, no maximum is specified. Capital is held for 35 days. SoftradeAI also have a very lucrative comp plan to entice recruiters.

See The Compensation Plan Here

Rating:  F

Verdict:  This is a Serbian ponzi scam that will be around for a very short time. Be careful!

Quick Summary

What Is Softrade AI

I get the impression that these guys are new to this. It just looks like a young guy sitting in his mother’s kitchen. The trading proof video was pretty silly as it showed a very small amount of trades taken over a couple of weeks. I am not show how many people will believe that.

Softtrade accept payments in crypto and pay out in crypto but claim to be making profits trading Forex. You cannot trade Forex with crypto so are we expected to believe that they exchange crypto for fiat for every withdrawal and every deposit. They what be extremely difficult to pull off, not to mention all the fees involved. A more likely scenario is that no Forex trading is taking place. Instead the ROI payments are coming from the funds of new investors only. 

Softrade AI Are Doing ZERO Trading At ALL

The profits are just allocated from new investor funds. It is a classic ponzi.

Profits are paid at a rate of between 2% to 4% paid on weekdays

Investors can buy “packages”, which start at $25.

2% Package – Min $25, 2% ROI per week day, capital held for 35 week days, 50% of deposit returned.

3% Package – Min $100, 3% ROI per week day, capital held for 35 week days, 50% of deposit returned.

4% Package – Min $500, 4% ROI per week day, capital held for 35 week days, 50% of deposit returned.

Compensation Plan

 

  1. Beginner : 7% Level 1, 2% Level 2 , 2% Level 3 and 1% Level 4, Team Investment Turnover Needed: $0.
  2. Representative : 9% Level 1, 2% Level 2 , 2% Level 3 and 1% Level 4, Team Investment Needed Turnover : $5000.
  3. V.I.P Representative : 10% Level 1, 2% Level 2 , 2% Level 3 and 1% Level 4, Team Investment Turnover Needed: $10,000.
  4. Elite Representative : 11% Level 1, 3% Level 2 , 2% Level 3 and 1% Level 4, Team Investment Turnover Needed: $25,000.

What I Like About Softrade AI

Some passive programs spend a concerted effort to look convincing. With SoftradeAi I get the impression that it’s a couple of young guys in Serbia putting together their first ponzi scam.

I consider this program to be extremely high risk, so there is nothing I like about it. The traffic growth is looking strong…so there is that. My main concern is how long this lasts before it disappears.

What I Dislike About Softrade Ai

Unconvincing proof of Forex trades.

Myfxbook is set to private to hide losses.

Demo video shows very small amount of real trades over a small 4 week period. For that period they made about 9% per week. This is easy to do over a couple of weeks….not so easy over months and years. Subsequent losses are hidden because MyFXbook is set to private.

The Real Deal

I would not invest or promote this because it is looks to be a third rate ponzi scam. However if you do want to get involved, just be smart and get out early.

Verdict

This gets an F grade.

6 Comments

  1. Jeanne Van der Kooij

    Hi,

    You are so right about this scammer.
    I was scammed out of $500,- by a person on their telegram website pretended to be the administrator os Softradeai
    I deposited my my in the system and was $100,- but came out as $25,-.
    Asked a person on telegram who said he was from the Company.He said that there was a security issue on my account and scammed my out of $500,- I put a complain in with Ryan and also scammed me out of money pretending he was going to help me get my money back,if i deposited a small amount in his account.

Leave a Reply

Your email address will not be published. Required fields are marked *