Solmax Global Review: SolmaxGlobal.com is a Financial Scam

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Solmax Global Review
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Summary

You should avoid investing in MLM companies like Solmax Global because such companies do not provide any significant profits. You should be using genuine and reliable crypto trading bots because they can provide you with huge profits.

Solmax Global is a financial company that is claiming to have all of the useful features and benefits that can help you in maximizing your profits. The website of the company, SolmaxGlobal.com, was registered in 2017. The company is making a lot of claims to get investment from the users. 

It is important to review Solmax Global in detail to ensure you are able to make a smart investment decision. In this article, you will get to know about all of the aspects of the company. 

Overview of Solmax Global

Solmax Global is claiming to be a highly innovative and modern business that has a robust network of businesses to help people make huge profits. Moreover, SolmaxGlobal.com states that you should join the company to enjoy the various benefits of having a large business community. 

The company is claiming to be operating with the goal of helping the community connect with each other and maximize their potential. However, you should keep in mind that the primary focus of Solmax Global is on affiliate memberships. 

The website encourages users to be a part of the company because it will provide you access to all of the benefits and features of a large community. However, it is clear that Solmax Global is only making these claims to attract more people and get their investment.

Domain Insights 

Solmax Global does not provide any information about the owner of the company or the team running the platform. Instead, it is only claiming to have a team of professionals and qualified people behind it. SolmaxGlobal.com

The analysis of SolmaxGlobal.com by Alexa shows that Nigeria (31%), Pakistan (13%), and Bangladesh (3%) are contributing the highest amount of traffic to the website. Therefore, it is possible that the company is running from one of these countries.

Registration Fee of Solmax Global

SolmaxGlobal.com is focusing on providing a wide range of packages to the users to get as much investment as possible. It is encouraging users to invest any amount between $100 to $25000. The website is also asking people to invest as much money as they can to get the maximum benefits from the income structure of the company. 

The company is claiming that you will be investing in the Equity Tokens. These tokens are like the internal currency of the company. Moreover, the website is promising commissions on both direct and indirect recruitment of new members. 

SolmaxGlobal.com provides the following breakdown of the packages:

  1. Basic Package costs $100
  2. Starter Package costs $250
  3. Executive Package costs $500
  4. Professional Package costs $1000
  5. Premium Package costs $2500
  6. Elite Package costs $5000
  7. Supreme Package costs $10000
  8. Max Package costs $25000

However, the company does not provide any information about the number of Equity Tokens that the customers will be getting at each package. The website also states that only 66.6% of the bonuses are withdrawable from the company. The rest of the income will be going back to a trading account. 

Income Structure of Solmax Global

The income structure of Solmax Global revolves around seven main affiliate ranks. These are:

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  1. Associate Rank at which you have to invest in the Executive Package and hire at least two members. 
  2. Executive Associate Rank at which you have to invest in the Executive Package and hire at least two members and convince them to invest at least $8000.  
  3. Team Leader Rank at which you have to invest in the Professional Package and hire at least three members and convince them to invest at least $32000.  
  4. Regional Manager Rank at which you have to invest in the Professional Package and hire at least three members and convince them to invest at least $64000.  
  5. Regional Director Rank at which you have to invest in the Elite Package and hire at least four members and convince them to invest at least $400000.  
  6. Vice President Rank at which you have to invest in the Elite Package and hire at least four members and convince them to invest at least $400000.  
  7. Senior Vice President Rank at which you have to invest in the Elite Package and hire and maintain at least six members.

These affiliate ranks make it clear that the company wants you to keep investing in Solmax Global and recruit as many people as you can. However, you will have to spend a lot of time and energy to hire people and convince them to invest in the company. Therefore, you cannot expect to make many profits from the company. 

You should avoid investing in MLM companies like Solmax Global because such companies do not provide any significant profits. You should be using genuine and reliable crypto trading bots because they can provide you with huge profits. 

Features of Solmax Global

Solmax Global is claiming to have a number of features to convince users about its legitimacy and providing various benefits to the users. It is important to review these features to determine whether you should invest in the company:

Steady Income

SolmaxGlobal.com states that you should join the company to enjoy a healthy and steady source of income. However, you have to keep in mind that you will only be able to get a steady income if you keep recruiting more and more people to the company. 

Large Profits

Solmax Global also promises a large number of profits to the users. It is encouraging users to invest as much money as they can to get access to more income opportunities. Yet, the income structure of the company is all about the affiliate ranks and recruitment commissions. 

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If you are not able to recruit a large number of people to the company, you will not be getting any significant profits. Therefore, you have to be extremely careful while thinking about investing in such suspicious companies. 

Large Community

Another major benefit that SolmaxGlobal.com is promoting is that it has a large business community through which you can get a lot of profits and advantages. However, the company does not specify any way through which you will be able to connect with other people in the community. There is a very high chance that the company is only making such claims to attract people and get their investment. 

Conclusion

The income structure and the overall business model of the company point to the fact that Solmax Global is an MLM scheme. The company wants people to keep investing in the company continually and keep recruiting people. 

However, if you are not able to recruit such people, you will not be getting any significant profits. You should also consider the fact that Solmax Global is claiming that Igniter100 is responsible for distributing. There is no significant information available about Igniter100. It is only claiming to be a platform that provides a wide range of financial services. 

Further research shows that Igniter100 is also running its own Ponzi scheme. Therefore, it is highly possible that both Solmax Global and Igniter100 are part of a larger scam. The company does not seem to have any external source of income. 

Solmax Global is completely relying on getting investment from the users. It will collapse as soon as people stop investing in the company. Therefore, you cannot expect to make any profits because it will collapse at any time due to a lack of recruitment and funds. 

The bottom line is that you cannot trust Solmax Global because it is not capable of providing any significant profits. Therefore, there is no benefit of benefiting this company. Instead, you can rely on user-friendly crypto trading bots to make huge profits from the crypto industry. 

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