Today we will be reviewing an MLM company known as ZetBull. Is this company legit? Find out in this ZetBull review.
Because of how a lot of people still choose to spend more time in their homes, a lot of work-from-home opportunities continue to flourish. There’s freelancing jobs like tutoring and blogging.
On the other hand, cryptocurrency and forex trading became more popular. Because both of this require skill to learn and master, people usually expect high earnings from them.
Also, internet gurus and influencers have made these opportunities popular through vlogs and social media.
ZetBull is one of many platforms in the internet which promises the opportunity of passive income through forex trading and crypto. It looks promising, especially if you are the type who is into both.
The unfortunate thing is that most platforms like this one just shut down without warning, and run away with the money people invested in them. Is ZetBull going to be same or not?
In this review, we will be looking at the company, its legitimacy, and whether it is worth joining or not. Make sure to read the entire review so you can be more assured of the decision you will be making.
Before you decide to look into joining this company, you should read this ZetBull review first. You should check if it is worth your time before you make such a huge decision.
DISCLAIMER: This is a fully independent review. I’m not affiliated with ZetBull in any shape or form whatsoever.
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ZetBull Review: Quick Details
- Name: ZetBull
- Website: https://zetbull.com/
- Socials: Facebook
- Type: Investment company with MLM business tactics
- Niche: Stock trading, Forex trading, Cryptocurrency
- Owner: Unknown
- Recommended?: This platform does not look legitimate whatsoever. Furthermore, their claims of a very high ROI is simply impossible. The opportunity I offer for you right here is definitely a lot better than trusting this company.
What is ZetBull?
ZetBull is one of the opportunities I have encountered which promises ROIs in trading and crypto while at the same time employing an MLM business model. I have reviewed other companies like this here in this blog.
The company has now been running running for two years. Considering the fact that most companies like these fold within a few months, this one seems to have found its footing in the volatile industry.
ZetBull claims that they are a legitimate investment company. They say that they can offer daily returns to your investments. Whether it is forex, stock trading, or crypto, they say that you can make some easy money if you use their platform regularly.
Yeah, that claim sounds a wee bit shady. For one, I think you already know just how much the market changes overnight. With stocks and crypto, you can never be sure whether you will be making money or losing investments.
Remember the incident where GameStop stock prices suddenly went up in value? That was not predictable at all. That just happened because some investors in Reddit wanted to make a meme.
How about the Squid coin incident? Squid Game was way too popular which is why the makers of that coin decided to name it after the hit TV show. Of course, the value went up fast, but the creators did a rug pull. Can’t say that is predictable, as well.
The fact that a lot of these incidents happen simply means that you cannot just trust claims that you can make money from these niches everyday.
So, where does ZetBull get the money it is offering to you?
Some weird details I found…
Okay, so I decided to look up some details regarding the website, such as who is behind the company, when the website was registered, etc.
The company was officially established as a corporation in the UK on December 2, 2020. Also, the domain name “zetbull.com” was registered on the 15th of May in the year 2021.
There was no information on the company’s management team on any of the corporate pages. However, when I went to YouTube, there was a corporate video that contained some information regarding what they do.
Having piqued my attention, I decided to click on it.
I spotted Jack Pierce, who was identified as a Senior Manager in the video. There’s also Sophie Cooper, who identified as the Senior Analyst.
Okay, so call me a skeptic, but that video is certainly not a genuine one. The mouth of whoever is speaking is not properly moving with the audio. The building it was filmed in looked like a rented office space.
Also, it looks like the people in the video were hired actors. They seem to be reading a script or a teleprompter, and they don’t look like people who know what they are doing.
If these people are indeed actors, they definitely did not do a good job of portraying corporate officers. They look way too stiff.
Sure, I could be wrong on this. However, I suggest you watch the video so you can judge it for yourself.
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How Does ZetBull Work?
Let’s talk about how the company works in this section of the ZetBull review.
The first step is to create an account in the website. This can be easily done in a few minutes. Most members, of course, were recruited by affiliates of the company.
The next step is to pick whether you want to continue as a free member and earn commissions from the referral compensation plan, or whether you want to receive returns on your investments through the program. You can pick both of these option if you like.
If you want to earn money from both of those options, you will be required to start with one of the investment packages.
You will begin receiving a daily return on your investment as soon as your deposit is processed. You will also continue earning this return for as long as the package level that you choose allows you to.
Stock market trading, forex trading, and cryptocurrency exchanges, according to the corporation, create the profits necessary to maintain these daily returns on investment (ROI). Like I said before, this is what I am doubting. The volatility simply doesn’t make a lot of daily returns possible.
You may always reinvest your earnings to acquire new packages. An option where you can withdraw a portion or the entire amount of money that you made is also available, should you choose to exit early.
If you are looking to recruiting people, you can do so using your affiliate link. It can be found in the back office.
To make money as an affiliate, you need to share your affiliate link with others and they need to purchase one of the investment packages by using it.
Membership Benefits
If you wish to become a member of ZetBull, you will have the option to do so for free.
Despite the fact that no items or services are available in the free version, you can advertise the company by using your affiliate URL in order to earn referral commissions. I am actually surprised that you can make money using the free version they are offering.
Alternatively, even if you opt to invest in one of the investment packages that ZetBull has to offer, the company simply does not supply you with any further products or services other than the daily return on investment that they claim.
In other words, there are really no special benefits here. Pity.
How Can You Make Money in ZetBull?
ROI Profits
ZetBull requires that you make an initial investment into one of the investment levels that they provide in order to earn passive daily income.
The daily profits that the company will generate for you are promised to be sustainable, and they will be paid out every day for a specified number of days based on the tier in which you invest.
The only source of information on these tiers that I have is what I saw in the company website. Other than this, they provide no further information, which is another red flag.
For the time being, the following is the information I can share concerning these investment tiers or packages:
- Tier 1 – 2.1% daily for 20 days.
- Tier 2 – 2.5% daily for 35 days.
- Tier 3 – 3.5% daily for 55 days.
- Info 1 – 650% after 35 days.
- Info 2 – 1,500% after 55 days.
- Info 3 – 3,000% after 70 days.
- Info 4 – 6,500% after 100 days.
Hold the phone. Did I just read that right? You can potentially make 650% worth of ROI after only 35 days? That is way larger than what any bank could offer.
That alone is enough to make me convince that this company is a scam. They are not even trying to hide it.
Referral Commissions
Also available is a referral program through which you may earn commissions from anyone who sign up for ZetBull through your affiliate link.
Commissions are dependent on the investments made by your referrals and the members of your downline team.
Unfortunately, the referral compensation plan is set up in the manner of a multilevel marketing organization (MLM).
There are a total of three levels at which ZetBull will compensate you for referral commissions. In addition, there are two levels for which you can qualify.
The first level is broken down as follows:
- Level 1 – Earn a 5% commission on investments made by people you personally refer.
- Level 2 – Earn a 2% commission on any investments made through your personal referrals.
- Level 3 – Earn 1% of the profits from investments that you personally refer.
Remember that the higher tier of commissions will only have an impact on the percentage commissions you receive from people you personally refer.
There is a “Regional Representative” tier of referral commissions is the next layer of referral commissions. Basically, commissions will remain the same for levels 2 and 3, but your level 1 will have its remuneration increased from 5 percent to 10 percent.
To be eligible for that one, you are required to file an application to the company. I could not find any information regarding what the application should say or how you can even qualify, so that’s a bummer.
Is ZetBull a Scam?
ZetBull first appeared on the market in 2019 and continues to operate as an unregulated offshore brokerage firm.
I think I have enough reason to believe that Zetbull is running a large cryptocurrency fraud scheme. If you have made a deposit with ZetBull and have a suspicion that they are not being completely transparent with you, it is likely that they are scamming you.
The website of the company is actually quite suspicious. It looks way too clean, and I just have a bad feeling that first time I looked at it. It is as if the information in there has been manipulated in some way. Spooky.
If you have been unfortunate enough to have already deposited money with ZetBull, I strongly advise that you immediately quit trading with them. Please heed my advice if you don’t want to waste any more of your money.
There have been numerous instances of investment brokers being exposed as being scams. In many cases, there are safeguards in place to protect individuals and assist them in obtaining their money back from financial institutions.
When making an online investment, it is best to work with a registered broker that is accountable and has a positive reputation. If you look at the evidence more clearly, it does not look like ZetBull is so legitimate, after all.
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10 Shocking MLM Statistics that You Need to Know!
- Almost 99% participants of all multi-level marketing companies lose money, according to the FTC.
- There are 38% more chances of you profiting from your own any kind of small business than joining these MLMs.
- Success rate of an online business, which will give you financial and time freedom, is 20% more than joining MLMs for making money.
- The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from MLMs.
- According to the AARP foundation, 47% distributors of all MLMs lose their money. Apart from this, 27% do not make a single penny.
- In the remaining 26% that actually make money, 53% of them make less than $5000/year.
- 39% of those 53%, who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
- Forget about building a long term business with MLMs, because 50% of all MLMs participants quit within one year.
- 75% people that joined MLMs say that they will never again join any kind of MLM.
- A poll was conducted in 2018 among 1050 MLM distributors and it was concluded that most of them made 70 cents an hour and 20% of them did not make a sale. 60% of them made less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their MLM involvements.
SOURCES:
Final Verdict – ZetBull Review
Before I end this ZetBull review, I would like to share a few more insights that could help you.
Having pointed out all the red flags in this company, I hope that you were able to see why joining them would be a bad idea.
From the website design, shady corporate video, to exaggerated ROI claims, this company has bagged it all. If I can give them a medal for being scummy, they would be getting a lot of gold ones.
I could not even stress enough just how shady their so-called “business opportunity” is. It is way too much for me to take, and I have been reviewing a lot of scams. I guess this is one company I would not forget that easily.
I would not be able to get over just how much this company sucks. It will not be a huge shock to me if they will fold soon, considering that more and more people are putting their money in it.
Please, save your money and run away as fast as you can from this company. Look for better opportunities.
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