Neuryx Club Review: Automated Crypto Trading Scam

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Neuryx Club Review: Automated Crypto Trading Scam

Neuryx Club claims to be obsessed with transparency but despite this fact, the website makes no attempt to disclose who owns or runs the operation. The domain was privately registered in October 2018. So this is one of the red flags we have considered in this review and discredited their claim of transparency.

As always, when a site claims that they are providing some sort of value and yet their ownership details are not disclosed, you need to think twice because most of the time something fishy is cooking behind closed doors.

Neuryx Club does not have any product or service to offer to its members other their affiliate membership. The site promises to pay passive ROI which is supposedly paid out of automated Crypto currency trading. Is this honest? Is this a legit deal or a scam? To find out the answer, you need to read this review.

In the meantime, if you’re looking to get started with automated trading in Crypto currencies, make use of these trading bots.

Neuryx Club Review

In addition to earning the alleged passive returns from trading, affiliates also earn by recruiting new members. The amount that a Neuryx Club affiliate can trade is determined by the amount they pay in affiliate fees.

Neuryx Club

The Neuryx Club compensation plan is divided into 6 different affiliate ranks. Affiliates can sign up for basic membership or proceed to sign up for any of the other 5 ranks depending certain criteria which they will have met.

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For the Bronze membership, one needs to sign up and generate at least $1000 worth of affiliate membership fees. This means that affiliates will have to convince recruits to pay these fees in order to maintain their Bronze membership.

For the Silver plan, an affiliate will have to convince recruits to generate at least $5,000 in Neuryx Club membership fees every month.

For the Gold membership, affiliates will have to sign up and convince at least 6 other recruits to join in addition to generating at least 20K in affiliate fees every month.

For the Platinum rank, affiliates will have to convince 9 recruits and generate at least $40,000 in affiliate recruitment fees each month.

Finally, Infinity Rank requires members to fulfull ridiculous objectives, among them is the requirement that affiliates should generate at least $100,000 in affiliate recruitment fees every month.

These recruitment fees are paid from an entire downline volume. Neuryx Club pays commission based on a uni-level compensation structure. That means one person at the top (you in this case) while the first level will have 3 people. The second level will have 9 people respectively. This is basically a ponzi scheme.

In addition to this, members who attain the Infinity rank will enjoy shares from the company’s bonus pool.

To join Neuryx Club, one needs to pay at least $200 for their basic plan, $1000 for Gold plan, $2500 for Platinum plan or $5,000 for Infinity plan.

Keep in mind that Gold, Platinum and Infinity plans require members to pay a monthly fee which is separate from the sign up fee. The amounts are $100, 200 and $300 respectively which must be paid on a monthly basis.

The more a member of the Neuryx Club spends in fees, the more they are supposed to earn. So this obviously means that what they are pumping into the system is what they are getting as opposed to returns being paid from other incoming generating activities like trading.

Is there trading of Crypto currencies? We doubt if this claim can be verified. To know the truth, take your time to read the next section of this Neuryx Club review.

The truth

The company states on their website that they are paying a passive return from automated Crypto currency trading. The way it works is that Neuryx Club leads members to deposit funds with an exchange and by doing so, they are providing access to these funds.

As long as affiliates continue to pay their fees, Neuryx Club claims that they will trade them on their behalf. Because this is a passive income generating opportunity or so, this means that Neuryx Club is providing securities to the public. At the time of writing this review, over 70% of traffic to this website was coming from US. The other 20% was coming from Indonesia. Both countries are actively regulating securities.

In the US for example, the SEC is responsible for regulating securities and in Indonesia, the Financial Services Authority is responsible for regulating securities.

We are 100% sure that Neuryx Club has not registered their securities with the SEC and neither have they done so with the regulators in Indonesia. No proof has been provided on this site to suggest that they are registered with any of these regulators.

In other words, Neuryx Club is running an illegal service. The law requires that they should register their securities with any of the regulators.

To add a pyramid layer to the scheme, the site confirms that 100% of their revenue is generated from affiliate recruitment fees. For these guys to successfully register with the SEC, the SEC will ask them for proof of AI trading because this is the main way they claim to generate returns.

But that is not all they will be required to do. They will also be required to disclose the specifics of how this robot works and also the details of the people who created it. As far as we know, Neuryx Club does not have a robot in place. Based on this observation, we fully believe that Neuryx Club is committing securities fraud and since this is the fact, we wonder why a sane person would give thousands of their hard earned dollars to Neuryx Club.

Our best advice for you

There is no doubt that you will find a few Neuryx Club affiliates who are supposedly earning from trading. But you must keep in mind that it is one thing to come up with figures for marketing purposes and another for proving that returns were earned through trading. For that reason, it is better for one to trade Crypto currencies using real robots.

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