Welcome to My Melius Review!
Perhaps, you’re searching for opportunities that can help you make money online and you found Melius -- a trading company that claims to let you “learn how to earn big.”
Who doesn’t want to learn how to do that anyway?
Melius Review Summary
Founders: Not Disclosed
Product Type: Multi-Level Marketing
Price: $45 For The Initial Fee + $450 To $1,800 For The Packages + $3K For The Investment
Quick Summary: Melius is a platform that provides training for aspiring traders. It’s a bit misleading though because they market themselves as someone who can help people make big money.
However, that’s not the only drawback. There are tons of red flags to watch out so be sure to read the entire review before signing up.
Overall Rating: 1/10
But before you join the program, it’s good that you’ve decided to do a background check first. This way, you can avoid scams or low-quality platforms that are full of empty promises.
In this post, we’ll talk about Melius and what it’s really about.
How does it work?
Can you really make big money using their program?
Most importantly, is Melius legit or a scam?
What Is Melius About?
The first time I saw their website, I knew something fishy was going on. For instance, the reviews at the bottom were completely made up.
For instance, the one from David M, a Melius Customer, says that he has used Melius’ video tutorials to set up his brokerage account successfully.
That’s good to know… if only David M. is a real person.
I used his photo and searched for it online and here’s what I found:
So, which is true? Is he really David, Charlene, or Manish? We don’t know what the man’s real name is but it’s obvious that Melius has used somebody else’s photo. It also means that the review is made up and maybe it’s because:
- Melius Trading Club members are not satisfied with their platform, so it’s full of negative reviews
- It has no users at all so they just made up feedback to make people think that their platform is worth it.
But what is their platform really about?
Melius is a training company that follows a multi-level marketing structure. It claims to help traders and investors learn how to make money through blockchain, Forex, and cryptocurrency.
Their website shared little to no details about who owns the company or where it is but further research suggests that it’s privately owned with Jeremy Prasetyo as its CEO. Sources also say that it’s virtually based in the UK and Dubai.
According to his LinkedIn page, Prasetyo is the co-founder of Melius and he’s also started some crypto and real-stated related companies.
Melius Product Line
So what does Melius offer?
As mentioned, Melius Trading Club offers training to its members so they can earn money from various niches, such as blockchain and Forex.
Basically, what they provide are training and tutorials so what people buy here is the membership so they can have access to their guide.
Here’s an outline of their membership packages and its fees:
- $450 for 90 days
- Trading strategies
- Forex Mastery Course
- Video library
- Live sessions every day
- $450 for 90 days
- Coin analysis
- Course on blockchain
- Live trading sessions on cryptocurrency every day
- Coin magazine every week
- $600 for 90 days or $999 for 180 days or $1,800 for 365 days
- Combination of Melius Adventure or Melius Escape
Melius also has its own mobile application called iGoTrade. It’s included in one of the membership packages above and basically, what it does is it gives trading signals.
These packages are not only pricey, but it also doesn’t offer any opportunities to make money yet. To get an ROI, you have to invest in the different apps or platforms that the company offers.
For instance, the GoPro Forex -- a 90-day subscription-based platform that offers 50% ROI. It also comes with a $50K trading account but the problem is, it’s not even known in the trading industry. Plus, it costs $3k for 3 months (90 days).
Apparently, all you have to do is invest $3K so you can get $6k in return.
But we know that there’s no such thing. I am not a trading expert but I do know that there’s no such thing as guaranteed ROI. Even skilled traders may lose money so if you’re a beginner, don’t expect that you will earn a huge amount in just a short period.
Is Melius A Scam?
As much as I don’t want to call any program a scam, Melius Trading Club has tons of red flags.
For one, there’s no clear information about who owns the company or where it’s based or founded. These details are important, especially because you are expected to invest a huge amount of cash.
Another red flag is the misleading claims. To become a member, you will be asked to pay $450 but then, this is just the investment for the training and tutorial.
You can find free or cheap alternatives online and there are also well-known brands that can go as high as $900.
If you have the money to spend almost a thousand dollars, it’s fine as long as you know the brand has a good reputation and that their training is valuable; not something you can easily find free online.
As for Melius, I can’t find legit reviews about their training platform since I don’t trust the feedback they have on their website. By the way, fake reviews are another red flag.
Also, the 50% ROI claim is too good to be true. Also, the $3K investment in exchange for a $50K trading account is something to be suspicious about.
Is Melius A Pyramid Scheme/Ponzi Scheme?
To determine whether Melius is a Ponzi scheme or not, we must understand what a pyramid is first.
According to the Federal Trade Commission (FTC), the top characteristic of a pyramid scheme is the promise of huge profits. This is to attract people to join their program and the worse part is that the income is not based on retail commissions; rather from the recruits.
This is why most of the time, it’s easy to spot a Ponzi scheme because their main source of income is the recruitment alone. There are no products or services; not even a real investment or when it does, the company forces the members to buy more products than they could market.
Either way, only those who are on top of the pyramid are earning a lot.
As for Melius, it’s obvious that they are luring people by telling them they can earn 50% ROI if they invest money with them. Unfortunately, there’s no proof that such things happen.
While you can sell their courses and earn from it, it’s basically connected with recruitment since they have to become a member to have access to this training. Meanwhile, you get a commission from every successful membership made.
Melius may be marketing themselves as a trading company that provides training but there’s no proof or evidence that they are making a big amount from their trading activities. Their only source of income is through recruitment, which is a telltale of a pyramid scheme.
This is illegal in many states and countries and knowing that this company is NOT registered to offer securities only means that their operation is illegal.
Do you really want to get involved in this kind of scheme? If anything goes wrong, would it be okay if your name will be dragged in a trading scam?
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Melius Compensation Plan
Another unfortunate thing about Melius is that they haven’t shared any part of their compensation plan. I’m not sure why but it seems like the only way to know more about the program is to join them, which is risky because first, you are going to spend a lot to become a member.
Also, as mentioned above, there are tons of red flags, making them more like a Ponzi scheme and if I were you, I would not let myself get associated with this kind of scheme.
I did find a video explaining their compensation plan and you can watch this below:
How Much To Join Melius?
To become a member, you have to pay $45 initially but that’s not the only cost you’re going to shoulder.
Remember, the person who recruited you will only earn if you buy their training so that means you’ll be spending at least $450 to $1,800 for the packages. Also, you have to invest $3K for the GoPro Forex if you want to earn.
I don’t see anything positive about Melius so I’ll talk about the drawbacks instead.
Too Many Red Flags
From the vital information missing on their website up to the vague compensation plan, I don’t think Melius is serious in helping people to grow their money online. If anything, the brand is focused on making the people at the top of the pyramid richer by drawing in more memberships.
There is feedback on their website but since they’ve used fake photos, it would be hard to trust them anymore. How would you know that they are telling the truth when they can’t be transparent about their owner and reviews.
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Once you buy any packages, you'll have access to video tutorials that will teach you how to make money in Forex, cryptocurrency, etc.
Melius is the kind of program that’s obviously up to no good. They claim it has on its homepage is too good to be true but when you check the entire page, there’s little to no details about what it’s about, its owner, and other important details.
If you want to learn more about trading, it’s best to seek help from licensed professionals rather than trust a company that has no solid background in trading.
Do you want to make money online but you don’t want to recruit people or get involved in scams? If yes, then I suggest that you sign up with our #1 recommended program.
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I hope our Melius review has helped you and if you have questions or comments, please feel free to drop it below.