Last updated on Oct 19, 2020
How It works, Things You Never Knew About FxFarms investment (2020 Review)
Are you tired of losing money on forex trading?
Are you tired of all these signals?
People do say that forex trading is a game of risk
What if I tell you how you can invest in forex trading without taking any RISK!
FxFarms is the answer.
What is FxFarms all about?
FxFarms is a forex investment platform which was launched in 2019 by Paul Miller (the CEO) in the United kingdom.
You can navigate through our table of contents above for direct answers, but I’ll suggest to read this detailed article from A – Z.
In this FxFarms review, I’ll be telling you everything you need to know about FxFarms. There will be no need to check naira land (nairaland.com)
Features of FxFarms
- Affiliate / referral system
- MT5 bots
- Earning calculator (available on their home page)
and more. . .
services and products
- Crypto currency
Bitcoin and even etherium.
There are four wallets namely:
Network, ROI, AI and Royalty.
Note that FxFarms don’t charge you whenever you transfer money from one wallet to another.
Business Investment Plans on FxFarms
There are various business plans you can start with at FxFarms, I’ll recommend you begin with the lowest ,which is called base
This is how all the plans work:
in this business plan, you have to invest a minimum of $25 dollars (almost 12,000NGN) and then you will earn 1.5% of investment, daily, for 140 days.
in this plan, you have to invest a minimum of $1500 and earn 1.65%, daily, of your investment for 150 days.
in this plan, you have to invest at least $10,000 and earn 1.85% of your investment daily, for 170 days
in this plan, you will invest at Least $25,000 and earn 2.1% daily, for 185 days
in this plan, you will invest at least $55k then you’ll earn 2.45% daily, for 205 days
The more you invest, the more you earn.
Now, the big question is . . .
How can you earn from FxFarms?
This might be all you want to know about FxFarms review.
There are four ways by which you can earn money.
- Direct Referral income
- Binary / residual commission
- Royalty bonus
- Rank bonus
Let’s explain them one after the other.
- 1. Direct Referral income
This is simply what we all know as affiliate marketing.
When you refer someone to sign up on FxFarms, using your I.D. you earn a commission
You earn 5% to 7% of their(the people you referred) sign up fee.
This 5% to 7% percent depends on the business plan they signed up for.
(that is, it depends on how much they investment into FxFarms)
For the Base business plan(the first plan), you receive 5% of the investment.
For an eagle business plan (the second plan), you receive 6% of their investment.
For a presidential plan, you receive 7%.
Note that this only applies to those you referred. Not those that were referred by the people you referred.
The commission will be credited into your wallet instantly. you can also withdraw anytime, anyday.
- 2. Binary / residual commission
To earn from this, the requirementis to have at least two people registered under you.
if each of those two people also have two people registered under them. It means you have six people under you.
Now, there’s something like two branches, (left hand side and right hand side)
the two people that registered under you belong to each branch. one at the left, one at the right.
Therefore, Therefore you will be paid 10% of what your lower branch each.
For example. If the person at your left hand side earns $100 while the person at your right hand earns $130. you will be paid 10% of $100 (the weaker branch).
therefore you will be paid extra $10 into your account.
Balancing the left hand or right hand side of your affiliates(referrals) can be done manually by you.
- 3. Royalty income
this earnings can only be received when you registered for the third ,fourth or fifth plan. (Lead , eagle and presidency respectively.)
You earn 0.5% to 1% as Royalty bonus.
Lead affiliates earn 0.5%
Eagle plan affiliates earn 0.75%
presidency plan affiliates earn 1%
- Rank progression bonus
In FxFarms,there are 7 ranks you can reach.
To reach this, earn $35k on both branches of your team.
— you’ll get $300 vouchers bonus
To reach this, earn $70k on investment volume in your team
— you’ll get $600 vouchers as bonus
To reach this. earn $111k in investment volume from your referrals
—you will earn $1000
To reach this. earn $155,550 in investment volume from your referrals
—you will earn $1500
To reach this. earn $222,200 in investment volume from your referrals
—you will earn $2000
To reach this. earn $444k in investment volume from your referrals
—you will earn $3.5k
To reach this. earn $666k in investment volume from your referrals
—you will earn $4,500
How To Start FxFarms investment
I believe I have explained how the system works (if you have any question, use the comment box).
Now, what do you need to know before signing up?
- 1. Eligible countries
All countries are eligible for this investment
- 2. Mode of payment or withdrawal
You can start a business plan by depositing into your account using the following methods:
- Cryptocurrency (Bitcoin and etherium)
- Perfect money
- 3. Charges on withdrawal
Whenever you make a withdrawal,you will be charged only 9%
- 4. Limit of deposit
There is no maximum deposit amount but the minimum deposit is $25 (currently about 12,000NGN, as at when this post was written)
- 5. Limit of Withdrawal
Of course there is no maximum withdrawal but the minimum withdrawal is $5.
By the way, you want like to withdrawal too frequently because of the withdrawal charge.
- 6. Documents needed for verification
—1. National identity card(any card that shows you are from your country)
—2. Proof of your physical address.
Now you’ve known all it takes.
Next thing is…
How can you sign up on FxFarms?
How To Register/ Sign Up on FxFarms
Before I proceed, Note that you cannot register without a referral.
An ID will be displayed on the sign up page, so you have to use a referral link to register.
- Step 1
Click on the referral like you were given by the person who referred you.
click here to register
- Step 2
After registration on the sign up page, you will be asked to confirm your email.
—You will be sent your password and security through your email inbox.
—Go back to FxFarms login page and fill up the textboxes with the details you received from your email inbox and click login button.
- Step 3
after clicking login, you will be redirected to a page where you will have to change your password from the default one to something more secretive.
- Step 4
You will then be redirected to your dashboard. At the left side ,you will see a drop down menu. click on Packages to select a plan.
—-From my information earlier in this post,I stated the different types of business plans, their prices and ROI
—click on Invest now near the plan you want to choose.
- Step 5
After choosing a business plan, you will be required to enter the amount you want to pay and the method of payment you want.
As at now, the options are limited. You can only make payments via Payeer, Bitcoin, etherium or perfect money
You can either scan the QR code or make payment directly to their wallet address.
If Successful,you will get a notification immediately and your account will be credited with the amount you deposited.
You can now begin to earn.
As I stated earlier. the first plan lasts for 140 days.
(NOTE that weekends are not included. Only Mondays to Fridays are calculated.
This means a month will only contain 20 days instead of 30 or 31 days)
Frequently Asked Questions (FAQ)
All long as it concerns money, there will definitely be questions to ask. In this FxFarms review, I’ll be answering them.
Is FxFarms investment a scam / legit?
FxFarms is a platform that provides members the opportunity to earn from forex by investing. They have experts in forex trading.
The company is registered in UK and owned by Paul Miller since 2019.
Apart from me, I know alot of people,both in Nigeria and abroad that have benefit from this platform.
Therefore IT IS NOT A SCAM.
Does FxFarms investment work in Nigeria?
Sure! It does. 100%
How can I make withdrawals?
You can make withdrawals in nigeria from 2pm to 6pm any working day.
Note that minimum withdrawal is $5
and withdrawal charge fee is 9%
Where will I withdraw my money to?
Your money will be withdrawn to the same method you used in depositing.
If you used perfect money to deposit, then you Must withdrawal into that perfect money account.
Must I refer people before I can earn?
While you can earn more from referrals, It is not compulsory. without referral on the first business plan, you will still earn $65 after 140 days upon your $25 one-time investment fee.(that is , you earn 1.5% of your investment, daily for 140, you also earn 50% of your investment fee after the 140 days)
though, some sources might tell you that FxFarms is a scam or a Ponzi scheme because of its operation. some might say it is like MMM.
But here’s the thing, people still made millions from MMM while other person were sitting down and crossing their arms.
FxFarms only started towards the end of 2019 and it has no plans of crashing any sooner. we haven’t recorded any negative feedback yet.
If you are unsure, I’ll recommend you start with the lowest business plan. But, why choose to earn less when you can earn more?
OneConnect has made quality time out, to make this FxFarms review because several questions asked by people. (whether it is scam or legit)
Let me know if you have any question or suggestions.
hit our comment box.
Also ,don’t forget to like and share this article.