AI Trading Bot Securities Fraud: A Review by KlixGlobal
nformation on its website. In fact, as of now, KlixGlobal’s website is just an affiliate log-in/sign-up form. The domain for KlixGlobal was privately registered on September 5th, 2024. It’s worth noting that most of the marketing for KlixGlobal seems to come from India, with 100% of website traffic originating from there in November 2024. This suggests strong ties to India for whoever is running KlixGlobal.
When it comes to products, KlixGlobal doesn’t have any retailable products or services. Affiliates can only market the affiliate membership itself. The compensation plan for KlixGlobal involves affiliates paying an annual fee and a 35% fee on all trading returns. The MLM side of KlixGlobal focuses on recruitment of affiliates.
There are eight affiliate ranks within KlixGlobal’s compensation plan, each with specific qualification criteria. Recruitment commissions are paid out based on rank, with higher ranks earning more per recruited affiliate. There are also bonuses and a trading pool for higher-ranked affiliates.
Overall, KlixGlobal appears to be a combination of a pyramid scheme and securities and commodities fraud. It lacks transparency in terms of ownership and regulation, and the trading activities are questionable. Those considering joining KlixGlobal should proceed with caution and be aware of the risks involved. If something seems too good to be true, it probably is.
