Welcome to my XTradeChain review.
XTradeChain is a revenue sharing program designed to look like a trading platform. There is no proof of any trading in the Forex markets or Crypto Currency but the whole idea is to make a certain percentage of your investment in a daily basis.
I don’t know how you were introduced to this site but I’m sure it was in a way that you were under the impression that you were going to be making money.
You might think you are going to do some trading but that’s not what is really going on here.
Follow along in this review and I will show you exactly what is going on behind the scenes of XTradeChain.
Not many can understand how these sites work, so I hope with the information I will provide you can make wiser decisions.
Let’s get on with the show as I’m sure you are anxious to learn more.
Table of Contents
XTradeChain Review – Product Overview
Name: XTradeChain
Website: www.xtradechain.com
Owner: Unknown
Type of Business: Revenue sharing (not trading)
Overall Rating: 1/5 stars
XTradeChain has way too many red flags. There is no trading going on here and this is not a trusted company. Avoid this at all costs and don’t waste your time with this one.
If you are looking to make real money online, you can always checkout my top recommended program but please do not waste your time and money with XTradeChain.
What is XTradeChain?
There aren’t any reviews about this program just yet besides the one on Scamadvisor.com, which doesn’t help much.
They do mention that the domain is only two months old but they also give it a 91% trust factor, which is not something you should base your trust on.
The site is not even a year old and there is no indication of who owns or runs the site.
That alone is not a good sign and all you get from that is the fact that it is completely brand new.
What they do claim is that they are doing some trading and you can invest and get 2.65% paid daily based on the amount you invest.
With trading being such an up and down, 50/50 kind of thing, how can such a percentage be promised?
Well, I have the answer for that too.
The Product/Service (Trading)
The first thing you notice on XTradeChain is the nice looking website but most especially the nice little boxes they created.
Not only does it look legit but it gets you thinking that this is a real deal trading platform.
It’s really not.
Crypto Currency and Forex “trading” sites are all over the place, which is not normal.
Forex trading has been around for decades but just now are they being promoted heavily.
I have traded in the past, so I know how complicated things can be, especially with all the scam brokers out there.
However, these make money Forex trading sites like X Trade Chain are completely different.
They give you the impression that they are a trading company when they really aren’t.
Just like FX Trading Corp and Statum Global which I reviewed recently, X Trade Chain uses trading as their service.
Not to say that they are trading but they claim to do it or they will be nothing but a nice little Ponzi scheme.
What XTradeChain Really is
XTradeChain is nothing more than a high yield investment program (HYIP) or what we online people know as a revshare.
Revshares are programs that come with a very specific software that distributes money equally between all of its members, depending on the amount they invest.
So rather than making money from trading like they claim, money is generated through the funds that its members invest.
With the program distributing funds at a decent rate, it gives the company more time to get others to join.
By doing this, everyone can continue to recruit so that payments aren’t delayed.
The Incentives
This is exactly how money keeps rolling in with XTradeChain and every other revenue sharing program out there.
Without this and you can bet that this whole thing will shutdown in a heartbeat.
Then the owners will come up with some excuse as to why they aren’t paying.
“payment processors are giving them a hard time”
“the funds are being held due to some legal matters”
Once you start hearing excuses, it is a sure sign that the company is about to disappear.
But to prevent that from happening, you are offered a nice little incentive.
For every person you bring into X Trade Chain, you will get a certain percentage of what they put in.
It is usually 10%, which means you get $10 for every $100 that your referral puts in.
With programs like this, it is very common that people put in over $1,000 as they understand how this whole operation works.
What to Look Out For
Before you join XTradeChain or any other so called trading program, there are several things that you must know and understand.
There are too many people that join and don’t know what they are getting involved with.
They put money in and then think they can just get their money back like this is some kind of retail store.
Well it’s not and this is the part of this review that you should pay attention to the most.
So before you even make a deposit, let me show you what you need and should know about these programs.
1. It Will Take at Least a Month Before You See Any Profits
You will see all kinds of proof that others are making money with XTradeChain and that’s just how it is.
By doing that, they will get you to see that they in fact are making money.
They are not lying but you do need to know that they are most likely not in profit.
They are hoping that you and many others jump on board so that they can at least get back what they put in.
Just don’t expect to get your initial investment in 2 weeks as it will take at least one month before you get that back.
2. Big Investments Are Necessary
Those that have been doing this stuff for a while know exactly what to do and usually know when a new revshare is about to launch.
They get in early and put in a lot of money.
Not only are they going to make more money but they are going to do it faster than those that put in the bare minimum.
When dealing with sites like this, you will not make anything if you plan on going with little money.
Those that get in early are the ones that will win, while those that get in later will do nothing but pay the early birds.
Once things start to slow down, they will take what they’ve made and move on to the next best thing.
This also leads to my next point.
3. There Are No Refunds
Too often do you see people join a revshare and then try to get their money back.
That’s not how it works.
Once you put your money in, there is no turning back.
Being that most newer members are told that you need to invest a good amount, they will take their grocery money and use it to invest.
Then they realize that they will not see any profits until at least a month and then try to ask for a refund.
Not gonna happen.
So to save you from making that same mistake, understand that there are no refunds.
4. There Are No Guarantees
On top of not being able to get your money back, there is also a chance that you will not even make any money.
And on top of that, there is also a chance that you might not even get back what you put in.
Judging by the statistics on XTradeChain, it doesn’t look like this is going to be your best bet when it comes to revshares.
Not because it’s low but because it does not tell the truth.
I can promise you that there isn’t 55,000 + members and there is also not 25+ trading professionals.
I can get past disguising revshares with something like trading but adding more lies is not going to fly.
Not to mention the wrong spelling for the word statistics (statics).
5. This Will Not Last
Not a single revhsare will last.
Period.
I don’t care if there are actual owners trying to keep them around forever, the truth is that none will ever withstand the test of time.
Why?
Well, there’s just no way that you can keep having new members join.
It’s that simple and that is why they will not last.
Don’t listen to anyone who tells you otherwise because they either don’t know what they are talking about or they are just trying to get you to join so that they can make money.
Should You Join XTradeChain?
Absolutely not.
As much as I try to pick out the good in any company, XTradeChain has nothing good to show for.
They have no reputation and there are just too many red flags.
For one, you can see all the poor grammar sprinkled on their site.
Statics?
Team board?
That doesn’t make sense but it doesn’t beat the actual members they mention.
Oliver Jones and James Arron are the founders?
The company is based out of Dubai but that’s who owns it?
that makes no sense and more reason for you to avoid this one.
There are hundreds of revenue sharing programs out there and I can promise you that this is not your best option.
Final Verdict: Not Recommended
I did revshares back in the day and they aren’t like they used to be.
Everything is disguised as a trading platform and there is no trading happening.
Before they used advertising as its product, which was at least honest in that department.
These days, revshares have gone down the hill and everything is complete garbage.
Like I said earlier, they will not last and that’s just the reality of things.
My Recommendation
Forget about trying to roll the dice when it comes to making money online.
I’ve done it in the past and although it can make you money, revshares will not be your ticket to financial freedom.
If you want to make real money online, it is going to require some work, determination, and most especially the right program.
I personally recommend the affiliate marketing business model as that is a real way to make money online.
Besides that, I don’t recommend you join XTradeChain.
It looks too shady and I doubt there is anyone making a decent income.
I hope this XTradeChain review has helped you understand what is really going on here and I most especially hope that you can make a wiser decision.
Making money online is great but it isn’t going to happen with this one.
Until next time, great job in doing your research and remember to always be scam smart.
These Changes Are Needed if You Want to Make and Save More Money
??? i just joined in now
?
So that means my money is gone
Did you pay?
You were right! Xtradechain is a scam. I was in on it and it shut down. No withdraws and no contact from anyone. Site appears to be working but no withdraws allowed. Please, anyone thinking of joining PLEASE, DO NOT DO THIS PROGRAM! SCAM!!!
I was bout to invest this Xtradechain.! But I am always thinking, thinking many times. Until I came across your Review. Thanks very much Mr John. I am glad that I found your website.. You saved me a lot of money!
Not a problem Oscar!
They are also engaging in binary system type of incentives wherein pairing (right + left ) can earn you more money . I remember this kind of system long ago from VitaPlus (if i remember it right). So this is a cryptocurrency investment trading platform with networking.
I am about to join them but seeing your blog changes my mind….thanks for the info.
Yeah I haven’t heard anything good about them either so I wouldn’t do it.
u know i was gonna join the platform after someone in person approached with it n i was convinced too but like most of the time i do i went on last check up n found ur article….it was to the point n absolutely helpful…can’t thank you enough my man!! kudos to you
Hi xtrade in not based in Dubai it’s a totally scam site ….
Thanks for sharing Shane!