Unitex Capital Review: is it legit? Or a massive MLM scam?

Welcome to my Unitex Capital review!

You may have become acquainted with Unitex Capital as you’re searching for legitimate investments.

You might have become curious and want to know whether the company is a good source of income or an outright scam.

If this is your concern, then you have to the right place.

In this review, I will attempt to put those doubts and help you decide whether you should even consider this company or search for other investments.

So is Unitex Capital a scam? Or are they a legit source of income?

Let’s begin my Unitex Capital review…

What is Unitex Capital?

Unitex Capital is an MLM (Multi-Level Marketing) that specializes in cryptocurrency trading.

Some other examples of MLMs in this field include Forsage, Tradera, Auvoria, Kangot, and Crowd1.

Unitex Capital didn’t provide any conclusive information about their company background. They claim that the company was founded by a man named Matthew Stevens, who was born in Croatia.

It was added that it was incorporated in New Zealand.

The company mentioned that they are providing risk-free investments and stable income to New Zealanders since 2017. However, the domain says that it was created recently—about January 2020, to be exact.

If the company is not honest or not willing to disclose even the most basic information like founders and current CEOs, then I’d better think twice before investing.

The business opportunity of Unitex Capital

Recruitment is the bread and butter of Pyramid Schemes and MLMs in general.

One of the primary distinguishing characteristics of Multi-Level Marketing is its retail products.

A pyramid scheme does not really exchange something of value in return. The potential recruit only gets a promise of high returns in exchange for their so-called investments.

Although Unitex Capital does not offer any retail products, they are still considered as an MLM.

Their packages are connected to what they call investment plans. I’ll discuss more on this in the following section.

With this kind of setting—it closely resembles a Pyramid Scheme or Ponzi Scheme than a networking operation. This is because they only give you a promise of high returns in exchange for your investment.

What makes Unitex Capital more suspicious is that they are not open in regards to basic information such as who operates the company.

I believe if the company is credible or doesn’t have anything to hide—they wouldn’t hesitate to disclose relevant information.

If you want a less risky investment, then you have to check out the description below and learn how you can earn online—

Here Is My Best Work At Home Recommendation For Newbies!

What are its income streams?

How much you earn with Unitex Capital depends on recruitment and the package you’ve purchased.

The packages they offer are investments in BTC (Bitcoin), Cryptocurrency (USD), and ETH (Ethereum).

And now, let’s explore each of them—

Recruitment Commissions

Unitex Capital adapts a unilevel compensation model.

The commission percentages are as follows—

• Initial rankings start at 4% on the first level. And 2% commission rates on the second level, and 1% commission rates from the third to the fourth level.
• Partner rankings start at 5% on the first level. And 3% commission rates on the second level, and 1% commission rates from the third to the fifth level.
• Agent rankings start at 6% on the first level. And 4% commission rates on the second level and 2% commission rates from the third to the fourth level. Lastly, 1% commissions on their fifth to sixth level network.
• Manager rankings start at 7% on the first level. And 4% commission rates on the second level and 2% commission rates from the third to the fourth level. Lastly, 1% commissions on their fifth to seventh level network.
• Director rankings start at 8% on the first level. And 5% commission rates on the second level and 2% commission rates from the third to the fourth level. Lastly, 1% commissions on their fifth to eighth level network.
• Gold rankings start at 9% on the first level. And 6% commission rates on the second level, 3% on the third level, and 2% commission rates from the fourth to the fifth level. Lastly, 1% commissions on their sixth to ninth level network.
• Platinum rankings start at 9% on the first level. And 6%, 4%, 3%, and 2% commission rates on the 2^nd, 3^rd, 4^th, and 5^th, respectively. And lastly, 1% commission rates to the sixth to tenth levels.
• VIP rankings start at 10% on the first level. And 7%, 5%, 4%, 3%, and 2% commission rates on the 2^nd, 3^rd, 4^th, 5^th, and 6th, respectively. And lastly, 1% commission rates to the seventh to eleventh levels.

Cryptocurrency Investment Plan

• Starter Plan – invest $50 to $499 into the company, and your potential earnings are 1.3% for 18 days. It is stated that the return of investment should be 123.4%.
• Premium Plan- invest $500 to $2,999 into the company, and your potential earnings are 1.6% for 28 days. It is stated that the return of investment should be 144.8%.
• Expert Plan - invest $3,000 to $9,999 into the company, and your potential earnings are 1.8% for 35 days. It is stated that the return of investment should be 163%.
• Ultra Plan - invest $10,000 or higher into the company, and your potential earnings are 2% for 44 days. It is stated that the return of investment should be 188%.
• VIP Silver - invest $20,000 or higher into the company, and your potential earnings are 3.3% for 173 days. It is stated that the return of investment should be 670.9%.
• Premier - invest $30,000 or higher into the company, and your potential earnings are 2.3% for 51 days. It is stated that the return of investment is should 117.3%.
• VIP Gold - invest $50,000 or higher into the company, and your potential earnings are 3.8% for 192 days. It is stated that the return of investment is should 829.6%.
• Grand - invest $100,000 or higher into the company, and your potential earnings are 2.7% for 58 days. It is stated that the return of investment is should 256.6%.
• VIP Private - invest $150,000 or more into the company, and your potential earnings are 4.2% for 204 days. It is stated that the return of investment is should 956.8%.

Bitcoin Investment Plan

• Optimal Plan – invest 0.01 BTC to 4.9999 BTC, and your potential earnings are 2.5% for 78 days. The affiliates’ total earnings should be at 195%.
• Advanced Plan - invest 5 BTC to 14.9999 BTC, and your potential earnings are 2.8% for 78 days. The affiliates’ total earnings should be at 218.4%.
• Innovation Plan - invest 15 BTC to 30 BTC, and your potential earnings are 3.1% for 78 days. The affiliates’ total earnings should be at 241.8%.

Ethereum Investment Plan

• Optimal Plan – invest 1 ETH to 249 ETH, and your potential earning is 2.5% for 78 days. The affiliates’ total earnings should be at 195%.
• Advanced Plan - invest 250 ETH to 749 ETH, and your potential earning is 2.8% for 78 days. The affiliates’ total earnings should be at 218.4%.
• Innovation Plan - invest 750 ETH or higher, and your potential earning is 3.1% for 78 days. The affiliates’ total earnings should be at 241.8%.

How much will it cost me to join?

The membership fee is tied to the investment plan you have chosen.

As you may have seen, the packages are freaking expensive!

Although they have a $50 offer, you still have to avail of their more costly investment plans if you want a larger return.

But I don’t think Unitex Capital is worth the investment, considering how risky the business is.

Can you make a reliable income from Unitex Capital?

Making any reliable income from Multi-Level Marketing is extremely rare. And it’s even rarer if the company is operating a Ponzi or Pyramid Scheme.

The business model of MLM is so flawed the likelihood of losses is much greater than gains.

According to a study conducted by Federal Trade Commissions, they found that about 99% of people who join MLMs incur losses than gain any profits. This was detailed in Jon Taylors’ book, “Multi-Level Marketing Unmasked.”

The same is true with Ponzi and Pyramids. But these schemes are much worst in the sense that it is way risky.

It was further explained that MLMs fail to meet expectations because of two things—

Recruitment

Your aim in network marketing is to recruit continually to create a large network. By doing so enables you to earn more income.

Recruiting becomes more of a necessity, especially when some of your lower networks have become inactive or quit altogether.

Capitalization

Unitex Capital has no retail products to sell.

In order for you to have a significant income, you may have to invest more in the company.

It becomes problematic if the investment fails, and the investor has to invest more.

As a result, some may become tempted to invest more. It may eventually lead them to run out funds, and then quitting altogether.

Is Unitex Capital a scam?

There are no proofs as of yet whether the company is a Ponzi or Pyramid Scheme or just an outright scam.

Unitex Capital is an unregulated cryptocurrency MLM company. It means that the company is not reliable and unsecured because they are not regulated by law.

Another suspicious action by Unitex Capital is that they’re seemingly unwilling to disclose even the most basic information, such as founders or current CEOs.

Other cryptocurrency MLMs like Forsage and Crowd1 were already labeled a Pyramid Scheme and banned in certain countries. (1) (2) 

What I Don't Like About Unitex Capital

Success is recruitment-based

You need to recruit and create a large network for you to earn a significant income.

The company is high-risk

Although the company offers a $50 minimum investment, you may still be forced to purchase their more expensive investment packages to earn a higher income.

You don’t get anything in return for your investments. You’ll only receive promises of high returns in the future.

You also have to take note that the company is unregulated, which means that the potential for abuse is highly probable.

No BBB credential

The Better Business Bureau or simply the BBB is one way people check the credibility of a business.

Not having one doesn’t immediately conclude that the business is fraudulent in any way, but it may affect potential investors’ decision-making significantly.

Lots of negative comments

The company receives a lot of comments saying that they are a scam.

Here are some examples from Trustpilot—

Click here to redirect to the comments in Trustpilot.

What I Like About Unitex Capital

I did not find any positives about the company.

Final thoughts

I hope my Unitex Capital Review has somehow provided you enough information to determine whether the opportunity is a good investment or not.

But as I repeatedly emphasize, I don’t think Unitex Capital is a good investment on the grounds that it is high risk.

You also have to take note that since they don’t have any retail products to sell, it closely resembles a Ponzi or Pyramid Scheme.

Instead, what you get in exchange for your investment are promises of high returns in the future.

Continue to the next section and discover how you can achieve financial freedom…

Why Affiliate Marketing is a better option than Multi-Level Marketing

Affiliate Marketing is a better option Multi-Level Marketing for few apparent reasons—

Thank you for taking the time off and reading my Unitex Capital review!

I hope to see you next time!

Peace!