MTFE is a hot new topic nowadays as many people are recommending and using it as a passive source of income. Many people wants to know if MTFE is real or legit or is it a new scam going on around the world. We are going to disclose its truth and clear all the questions which was in everybody’s mind.
Is MTFE Real or Fake?
In our opinion MTFE is an upcoming scam where it uses MLM(Multi-level Marketing) Business strategy. It uses a method of selling products directly to consumers using independent sales representatives. In this case MTFE is promising its users of referral bonus and also referral bonus on the earnings from the investments of their referral.
What is MTFE?
As per MTFE company or representatives inform that it is a trading platform where they have a built in AI which auto trades on their investments. They claim that their AI robot trades for them 5 days a week and almost 4 days or full 5 days they earn profits.
How is MTFE growing?
MTFE uses the MLM(Multi-level Marketing) Business strategy to grow in which users manipulate people and refer them to the trading platform. As a result for their referral they receive a commission based on their AI trading profits.
Why is MTFE a scam?
1) Their are many reasons why MTFE is a scam. At first let’s talk about their UI design or App design. If you download their App you can see it is a basic design which a person with basic level App designing knowledge can create. As per their claims a million dollar trading platform with such a cheap design is really not something which matches the legitimacy of a trading app.
2) Secondly their deposit method. Did you remember the brilliant scam in 2021-present of shopify like or other e-commerce like websites in which you had to deposit a minimum amount of USDT through their trx-id and only then you could Approve the products and earn a slight commission amount depending on your investment? If you don’t remember just know that their was a scam in which their were shopify like or e-commerce like websites where you had to invest a minimum amount of money to work and they would give you 20-40 products daily where you had to simply approve those products and earn commission. These type of scams also used MLM(Multi-level Marketing) Business strategy same as MTFE. The deposit method was also the same. USDT TRC . They does this because they cannot process payments as they are not officially registered and cannot open a payment gateway. Because when they are done completing scamming people and ran away with their money. You don’t have any proof of paying them except their TRX-ID which is untraceable.
3) Thirdly their customer service. Have you ever heard or see that any famous trading platform with WhatsApp customer service? The previous scams I mentioned in Part 2 had the same type of customer service as MTFE. The giant trading platforms such as Binance, Coinbase or others has their own legit customer service via email ,chat or call.
4) Fourthly their claim to be registered in Canada. Come on people! You and I with a basic knowledge of editing can easily make these documents no matter what the country is.
So the answer is MTFE is an Upcoming Scam where general people are going to lose their money.
How can we be aware of these type of scams?
God gave us knowledge and sense. we should use it whenever we plan to do something or invest something. Use your knowledge about MTFE. I saw people investing lots of money including their life savings. Use your knowledge before putting money into something. Think, If earning money and trading was so easy with AI. Trading giant like Binance would have launched it years ago. People would have become millionaires as AI is easy in our hands. Think more. Easy money is the money which lasts very less and costs a lot than you earn.
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