A lot of us want to achieve financial freedom. What is XTreamFX Global Academy? And Can They Provide that freedom? They claim that with their program you can earn as much as $1 million per month. Is the XTreamFX Global Academy legit or a scam? $1 million per month sounds good to be true, but let’s find out the truth in my XTreamFX Global Academy review today.
Full Product Overview Of XTreamFX Academy
- Product Name: XTreamFX Global Academy
- Founder: Ragan and Megan Lynch, Adrian Sloan, and Jacob Mickle
- Product Type: Forex and Bitcoin digital learning products and MLM
XTreamFX Global Academy has a 7-day free trial that you can avail of. They also have four monthly membership plans:
$19.99+ XFX Retail
- Personal development audio digital products
- Financial literacy materials
- Business solution products
- XFX Genealogy Tree position equity
- No commissions and no fast start bonus
$99 XFX Client
- Access to all Trade Academy
- Live sessions
- Study groups
- Access to Trading tools
- $200 Xtreamfx shopping dollars
- Shop with coupons and discounts
- Discount on travel and hotel bookings
- Personal development materials
- Financial literacy materials
- XFX Genealogy Tree position equity
- Fast start bonus
- No commissions
$124.99 XFX Premium IBO
- All XFX Retail and XFX Client inclusions
- With commissions
- Earn passive income with BTC tokens
$144.98 XFX Elite IBO
- Combined benefits of XFX Retail, XFX Client, and XFX Premium IBO
- All personal retail owner’s selective sales override
- $5 per month for every personal XFX Retail owner package sold
- Best For Mid to advanced Forex traders
XTreamFX Global Academy offers Forex trading courses to those who would like to try Forex trading. They also offer a compensation plan where you can earn as much as $1 million by simply inviting people to join their program. But this may not be completely true. Their compensation plan structure is very similar to MLM companies. And there’s no guarantee of success with MLM.
What is XTreamFX Global?
XTreamFX Global Academy is a trading, educational platform that provides Forex trading and cryptocurrency courses. It was founded by the combined talents of Ragan Lynch, Megan Lynch, Adrian Sloan, and Jacob Mickle. They launched XTreamFX Global Academy on January 25, 2020, and are currently based in Dallas, Texas.
The XTreamFX Global Academy is a unique platform because it combines two of the world’s most prominent industries, Forex and Cryptocurrency. It offers trading courses, forex trading strategies from forex experts, copy & paste trading ideas, live sessions, fast start bonuses, compensation plans, and more. XTreamFX Global Academy offers live mentorship and access to marketing materials and daily training.
According to them, the foreign exchange market, or Forex, has a turnover of $7.3 Trillion per day. The US stock market trades about $257 billion per day, but forex traders only have a fraction of it. It has no centralized marketplace, unlike other financial markets.
Forex trading involves the simultaneous buying and selling of currencies. Forex traders attempt to profit by actively predicting the direction the currencies will probably take in the future. XTreamFX Global Academy offers programs to help you get started with Forex trading so you can make your first trades and create your long-term trading plan for your Forex trading success.
Bitcoin, a digital currency created in 2009, grew in demand and popularity, creating the Bitcoin Network. The Bitcoin network is blockchain technology, a publicly accessible ledger that records the distribution of digital assets. Its inherent structure secures the data and can’t be changed. It uses a decentralized agreement, which means any government, bank, or corporation does not control it.
Blockchain technology is not limited to Bitcoin only. Other industries are also interested in incorporating it into their business. The XTreamFX Global Academy offers courses about cryptocurrencies and blockchain technology that will teach you how you can profit from digital currencies.
How does the XTreamFX Global Academy work?
The XTreamFX Global Academy works like an MLM. It has a multi-level referral system. You need to be referred by one of their members before you can register. Once you’ve registered on their platform, you have 7 days to purchase any of the membership plans. Otherwise, your account will get deactivated without the chance of reactivating it anymore.
When you join XTreamFX Global Academy, you will have access to 6 streams of income:
- Forex Academy
- Crypto Academy
- Profit-Sharing (XFX Bitcoin pool)
- Shopping dollars (over 1 million sites)
- Retail sales and profits
- Monthly Residual Income
To start with Forex trading, you need to download your MetaTrader4 platform, find a Forex broker, and register a trading account. You can try a demo account first until you’re finally confident in your trading skills and start funding your account to trade.
Apart from the money you earn from trading, XTreamFX Global Academy also has a compensation plan for inviting people to join the platform. All you need is 3 people to join the XTreamFX Global Academy. Then each of them also needs to invite 3 people as their down line and so on. More members joining your team would mean more income for you.
You will also get a fast start bonus depending on the membership plan you’ve purchased. If you’ve purchased a $99 XFX Client membership plan or above, you will be eligible for the fast start bonus.
When you get 3 people to join XTreamFX Global Academy within your first 7 days after signing up, you will get $99 back. If you’ve invited 3 people to join the platform within 28 days after you’ve signed up, you will get $50 back.
As a member of XTreamFX Global Academy, you will also receive the following:
- $200 in cryptocurrency after signing up
- Copy & paste Trading alerts
- Winning strategies from experts
- Simple analysis reports for your reference
If you decide to cancel your membership, you can log in to your account and cancel it from there. Since membership plans are on auto-renew, you need to cancel them before the next scheduled processing date. After the cancellation, you can withdraw your remaining earnings using the wallet withdrawal method.
After canceling, you have 28 days to reactivate your account by purchasing a membership plan again. However, if your account remains inactive for over 28 days, it will deactivate automatically. Your account will not be eligible for reactivation until 6 months after.
Can You Make Money XTreamFX Global Academy?
Yes, you can make money with XTreamFX Global Academy. The XFX Premium IBO and XFX Elite IBO memberships allow you to sell the courses and other learning materials. But if you have purchased other membership plans, most likely you will focus on growing your team by inviting new members.
I have nothing against MLM. Some people can earn a living working for a legit MLM company. But even if XtreamFX Global Academy’s compensation structure only requires you to have 3 people as your down line, you need to help your down lines invite more people to join if you want to earn more and create a passive income.
How To Make Money With the XTreamFX Global Academy?
XTreamFX Global Academy offers a compensation program so you can make more money. Their referral program has 12 levels and promises monthly earnings ranging from $500 up to $1 million. This depends on how many people are on your team. Here are your possible monthly earnings and the number of members you need within your team.
- $500 per month – 10 team members
- $1000 per month – 25 team members
- $2,000 per month – 75 team members
- $5,000 per month – 250 team members
- $10,000 per month – 500 team members
- $20,000 per month – 1000 team members
- $50,000 per month – 2,500 team members
- $100,000 per month – 5,000 team members
- $200,000 per month – 15,000 team members
- $500,000 per month – 40,000 team members
- $1,000,000 per month – 75,000 team members
XTreamFX Global Academy Pros & Cons
XTreamFX Global Academy isn’t perfect just like any other company and it has its own pros and cons.
- Access to Forex trading and Cryptocurrency courses
- New Company
- Trade at your own risk
- Not for newbies
- Somewhat of a pyramid scheme
Any Negatives? Beware of Lawsuits
I didn’t find any lawsuit filed against XTreamFX Global Academy. I didn’t find any complaints about them as well. Perhaps because they just started and at this point, business is doing well.
XTreamFX Global Academy has an MLM-like referral structure. The problem with this is that the majority of the members end up losing money. Add on top of that is the risk of losing money in Forex trading as well.
XTreamFX Global Academy is aware of this and has put up a disclaimer on its website that Forex trading is your responsibility. They also do not guarantee that you will earn money from using their program or strategies.
Is the XTreamFX Global Academy Legitimate?
Yes, it is a legitimate company. The XTreamFX Global Academy platform does offer Forex trading and cryptocurrency courses and other related materials for its members. As of this writing, I have not found anyone online that says XTreamFX Global Academy is a scam.
There’s no guarantee of earning money from XtreamFX Global Academy. They clearly stated this with the disclaimer on their website. Their trading strategies and compensation plan projections do not guarantee profit. It will depend on your ability to get results.
This means that you need to be committed and exert your best effort to get better results and earn an income. It also depends on your marketing skills. To grow your team, you need to promote XtreamFX Global Academy regularly and invite more people to join.
Forex trading is not for everyone. You need to have enough money that you’re ready to lose if you want to try it. I can say the same with MLM since you need to invest time and money in the program to see the results that you want.
There are other ways to earn money online without risk and the requirement to refer people. Just like affiliate marketing. With it, you can also create a steady stream of income and build your own business.
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2 thoughts on “What is XTreamFX Global Academy? Can You Earn With Forex?”
In the early stage when forex trading was making a name for itself it was hard to understand where they were heading, but after a while, I seem to get a clearer understanding. XTreamFX Global Academy was one that never caught my attention. Thank you for the post.
I am happy that you got some clarity here on what forex trading is all about.