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There was some news about this new company in the Forex niche, and I wanted to look at what it was all about. This Epic Trading review attempts to highlight all the essentials of the program.
Chances are someone told you about the business opportunity and you landed here to make sure it’s legit. You may have seen someone Facebook or YouTube advertising this forex MLM.
In this Epic Trading review article, I will analyze specifics of this Epic forex program including goods, business, leadership, and compensation package. The good news is I’ll help walk you through the business, products, and compensation package to make the right decision.
What Is Epic Trading?
Epic Trading is a forex mlm firm launched in September 2020. Epic Trading provides services like forex education, market forecasts, live trading sessions, quantitative research, corporate events and even a multi-level marketing referral program.
The business was founded by David McCovy, who had previously been involved in several MLMs, including Evolution Travel.
Oddly enough, he owned a clothing store, a restaurant, a Las Vegas concert company, and invested in a Hollywood movie as well.
Now, he’s going to try to lead one other MLM called Epic Trading, which is a platform for Forex MLM and something entirely new to him.
With the goal of helping people make money from home, Epic Trading International was established. This is also one of the reasons why I wanted to do this Epic Trading review. When attempting to earn money through the platform, it offers two options to choose from, which are listed below:
- Powerful, profitable, but inexpensive compensation plan
- The Forex Trading Niche offers intense training, with potential crypto trading coming at a later date.
If you’d like to know more about closest alternatives to Epic Trading, companies providing similar services are Auvoria, Tradera and IM Mastery Academy.
Costs of Joining Epic Trading Platform
Joining the Epic Trading team will cost you $99 / month. You are also required to register as an IBO, which costs $24.99 / month, before you begin promoting.
Customers are referred to as Epic Academics while Epic Independent Business Owners (IBOs) are called affiliates.
Epic Trading Products
Many items in the educational space come with it. It’s one of the easiest places for beginners to do positive things. You can use the following services if you have a membership.
- 2 Week Syllabus
- Member support
- Epic Trade Alerts
- Live Trading Sessions
- Epic University
- Dip Trade Strategy and 20 pipes
- Fundamental analysis
- Market Forecast
Epic Trading Compensation Plan
The program also has a compensation scheme, as planned, which pays individuals to sell to retail customers and support new affiliates.
While doing the Epic Trading review, I’ve found that in order to benefit from the incentive package, you would have to directly refer to at least 3 individuals.
Referrals will be put underneath you on one of your 3 legs.
Your rank will depend on the amount of money you receive. You need a certain number of individuals in each of your 3 legs to qualify for the rankings.
For example, you would need at least a total of 250 team members to be in the Founder 5000 Rank, with a bare minimum number of 100 members or the left leg, 100 middle leg members, and 50 right leg members, as seen in the chart above.
Ranks In Epic Trading
In total, in this sector, there are 12 attainable ranks. Detailed evaluations of the ranking and the qualifications needed to achieve the target goal are given below:
Founder 1 Rank
Qualifying for this rank would mean that you have to keep at least 3 active clients that you have personally registered with Epic Trading International. That is, at least 1 client at any given time needs to be on your main, second , and third leg. You need to upgrade to an IBO to earn your monthly bonuses at this stage.
Founder 500 Rank
Qualifying for this round ensures that at least 10 team members or downline clients who are actively on the Epic Trading platform need to be preserved. That is, on your first leg, 4 clients, on your second leg, 4 clients, and on your third leg, 2 clients. Also, IBO status must be maintained.
Founder 2000 Rank
Qualification implies at least 80 active team members or downline clients for this rank. That is, on your first leg, 32 clients, on your second, 32 clients, and on your third, 16 customers. IBO status is equally important.
Founder 5000 Rank
You need to maintain at least 250 regularly involved team members or downline clients in order to qualify for this round. That is, on the first leg, 100 members / customers, 100 on the second, and 50 on the third. To win bonuses, IBO status has to be kept.
Ambassador 10 Rank
While in process of doing this Epic Trading review, I’ve found that qualifying for this rank means at least 500 active team members or downline clients must be preserved. That is, 200 clients on your first leg, 200 clients on your second leg, and 100 clients on the third leg.
Ambassador 20 Level
You are expected to hold a minimum of 1,000 active team members or downline clients for this level. In depth, this means that 400 clients have to be on your first leg, 400 clients on your second leg, and 200 clients on your third. IBO status is important.
Ambassador 50 Rank
Here, at least 2,500 active team members or downline clients need to be preserved. That is, on your first leg, 1,000 customers, on your second leg, 1,000 clients, and on your third leg, 500 customers. You will need IBO status to be maintained.
Icon 100 Rank
You need to hold a minimum of 5,000 active team members or downline clients to apply. That means 2,000 clients on your first leg, 2,000 clients on your second leg, and 1,000 clients on the third one. The IBO status must be retained.
Icon 200 Rank
You need to hold a minimum of 15,000 active team members or downline clients to apply. That means that on your first leg, 6,000 clients, on your second, 6,000 clients, and on the third, 3,000 clients. The IBO status must be retained.
Icon 500 Rank
You need to hold a minimum of 40,000 active team members or downline clients to apply. That means 16,000 clients on your first leg, 16,000 clients on your second leg, and 8,000 clients on the third one. The IBO status must be retained.
EPIC 100 Rank
You need to hold a minimum of 75,000 active team members or downline clients in order to apply. That means, on your first leg, 30,000 clients, on your second, 30,000 clients, and on the third, 15,000 clients. The IBO status must be retained.
Basically, to stay active in Epic Trading, you must hold 3 involved, personally sponsored clients.
Epic Trading Review: Final Thoughts
Judging them now would be pretty early, but Forex trading firms typically don’t do well long-term. One business that has managed to stand out so far is the IM Mastery Academy, and it seems they always have to make improvements to retain their market relevance.
For Epic Trading, their incentive package is attractive but seems particularly concentrated on hiring affiliates, which for some can seem very pushy. Adding retail benefits to your incentive package would certainly benefit!
FTC needs MLM firms to have a high percentage of their retail consumer revenue, not their affiliates. Again, Epic Trading International will add more retail incentives to their incentive package.
Based on the previous pattern, reward proposals to provide affiliates tend to carry in more affiliate revenue than only retail consumers to use the goods and services. To completely evaluate their retail, I need to update this review in the future.
Epic Trading International is generally a legit organization. The only beneficial improvement I see is two or three retail-based incentives.
Hopefully, you liked my Epic Trading review and got enough details to help you decide what you’re going to do.
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