Solmax Global has been around for quite some time, and they’ve grown quite popular recently.
When I got to know about Solmaxglobal.com, I wasn’t particularly interested in their offering, but today, here I am, punching my keyboard to produce a well-thought-out review of the platform.
I was celebrating Christmas on YouTube when I came across this particular video.
As you can see from the image above, the video promises to teach you how to make £1,000 daily from Solmax, and that without any referrals.
Is this possible?
Welcome to my Solmaxglobal.com review. At the end of this article, I hope you won’t be amazed anymore when this particular YouTube video gets recommended to you.
What is Solmax Global?
So, what exactly is Solmaxglobal.com?
Solmax Global invites users to invest in “Equity Tokens”, which appear to be an offering from Solmaxglobal.com itself.
Solmaxglobal.com claims to introduce an utterly new and innovative business model that provides continued financial rewards to the entire community.
While the claims on the Solmaxglobal.com website might sound sophisticated and believable, they’re pretty much the same as almost every other income program available, just that they have writers with a specialty in the English language.
How Solmax Global works
Solmaxglobal.com inherits the business model of many crashed Ponzi schemes and income programs; the multi-level marketing scheme.
Anyone with a little bit of experience in the online investment space will be familiar with this. You earn based on the number of people you invite to become Solmax Global investors.
Whenever new investors sign up for the program, they’ll have to purchase one of Solmax Global’s numerous packages to get started.
Solmax Global Packages
Solmaxglobal.com has eight different plans, and a new affiliate investor chooses anyone to invest in.’
The packages are listed below, from the least expensive to the most expensive.
- Basic – £100
- Starter – £250
- Executive – £500
- Professional – £1,000
- Premium – £2,500
- Elite – £5,000
- Supreme – £10,000
- Max – £25,000
Solmax Global compensation plans
Looking at the enormous figures attributed to each plan, you might want to ask: “what do I even gain from purchasing those expensive packages?”
And that’s what this section is here to explain.
Equity Tokens, which is technically what you’re buying when you purchase a plan, can be pictured as a volatile commodity. It should rise in price by 600% to 800%, given that their calculations are perfectly correct.
Apart from that, you also get commissions for referring new users to Solmaxglobal.com. The addition of the proceeds from Equity Tokens and commissions could amount to a substantial amount of money, —if Solmax Global will pay them.
Also, you should note that Solmax Global only pays 66.6% of the commissions you’re entitled to. The rest goes into a trading account, as per information from Solmaxglobal.com.
This doesn’t matter, however, as the 66% should be a huge return on investment, in comparison to your package subscription cost.
Solmaxglobal.com Referral Commissions
Solmax Global referral program is much more straightforward than the website’s offering. When you recruit an affiliate, you get 10% of all funds invested by the affiliate.
Solmaxglobal.com Affiliate Ranks
Earlier on in this review, I revealed that Solmax Global uses a multi-level marketing scheme.
In an average MLM setting, there should be different ranks that members can scale through by inviting more people into the MLM company.
Solmax Global is no different. There are seven oddly-named ranks in the program, and you get promotions based on how much your downlines have invested.
Also, commissions for affiliates on Solmax Global are calculated in a binary structure. Very complicated, you don’t want to know more than that, I promise.
The Solmaxglobal.com affiliate ranks are listed below.
- Executive Associate
- Team Leader
- Regional Manager
- Regional Director
- Regional Vice President
- Senior Vice President
Is Solmax Global Legit or Scam?
If you read this article carefully up to this point, you can acknowledge the difficulty associated with trying to pinpoint if this platform is actually legit or a scam.
It turns out, however, that the race isn’t as close as we thought it to be. Here is Solmaxglobal.com, taking our brutal “Legit or Scam” test.
Solmax Global isn’t anything young. It has been in existence since 2017.
While this is a green flag, by means of this test, it doesn’t at all signify legitimacy. In fact, we’re skeptical about the platform’s launch date, and Solmaxglobal.com isn’t to release that too.
We couldn’t find any manager or chief executive officer listed on the website. This is a common factor amongst crashed Ponzi schemes.
This is a red flag, at least for a company that’s asking me to let go of 25 grand in the name of investment.
I kid you not, online reviews haven’t been that favorable for Solmaxglobal.com.
When this is the case, one of two things are happening; it’s either Solmax Global isn’t well versed in the business of buying online reviews, or their competitors have a better anti-review strategy.
Just kidding, Solmax Global is generally portrayed in a bad light, which is a red flag for the company.
There’s something often said of online investments: “if it’s too good to be true, then it’s not true.”
Solmaxglobal.com is simply “too good to be true.” While their offering is already outrageously unbelievable, they backed it with something funny called the Equity Tokens.
Equity Tokens isn’t accepted anywhere I know, even on crypto sites. It seems it’s a Solmax Global creation, that’s meant to stay within Solmaxglobal.com.
Conclusion | Is Solmaxglobal.com legit?
From the facts in this review, Solmax Global doesn’t appear to be a legitimate site for online investments.
Everything about this platform suggests that it’s not the perfect income program that we all dream of. Instead, it’s an ailing income program trying its best to impress potential online investors to take a look at its offering.
While doing this, it also ensured that the investors are moderately confused, so it’s increasingly hard to detect the discrepancies of the program.