Welcome to My Zukul Review!
Nowadays, more and more people are looking for an opportunity to make money online and we can’t blame them, the pandemic has taken a toll on everybody’s finances. Other than that, we are encouraged to stay at home to avoid the risks of spreading the virus.
Zukul Review Summary
Founders: Michael Bloom and Jeremy Rush
Product Type: Trading Platform
Price: $10 To $185 Every Month For The Investment Package
Quick Summary: Zukul is a trading platform that claims to help members make money using trading bots. However, it has several red flags and one of which is the founder who’s been involved with several scams in the past.
Also, the business model is vague so if you’re enticed by their bold claims, you should definitely read this before signing up.
Overall Rating: 1/10
While tons of platforms can help you earn cash, not all of them can give you a decent income. Some are even scams that will promise they will help you make money but it won’t be long until you realize that you are losing cash.
One way to avoid this is by doing a background check about the program and that is what we’re going to do today.
In this post, we will talk about a platform called Zukul and why this “trading program” is less likely to be legit but more of a scam.
What Is Zukul About?
Zukul is an online trading platform that claims to help you make money every day using autopilot. It also says that you can “set up your robot in less than 5 minutes.”
That sounds amazing, especially since it’s not going to take a lot of your time. However, it sounds too good to be true, and based on similar programs we’ve reviewed so far, that most probably is.
Dacxi, Dagcoin, eComelize -- these are just some of the websites that operate the same way as Zukul, and sadly, all of these are either a scam or a low-quality program but before we conclude anything, let’s find out the basics.
Zukul was launched in 2014 by Michael Bloom and Jeremy Rush. It went through several rebrands since then.
In 2016, it rebranded its business model to something similar to Traffic Hurricane or Traffic Monsoon where they offer commissions to potential partners. The revenue sharing website lets people make money through referrals.
After a few months, things did not work well so they decided to change their name from Zukul to Zukul Gold. According to its founder, Jeremy, the brand was an independent affiliate of aEagle Aurum Team, a Nigerian gold company.
The same thing happened as the business did not turn out well.
In 2017, the brand went back to a business model involving cryptocurrency again, and this time, they call their website Zukul Trader.
While it’s fine for a business to figure out what works for them or not, the sad thing about Zukul’s rebranding is that they’ve been involved with scams, such as the Zukul Gold for instance.
In addition, its founder, Jeremy, has a bad reputation in the business industry for being a fraudster so if I were you, I won’t have second thoughts anymore and just leave this program.
Zukul Product Line
Zukul poses itself as a multi-level marketing company but when you look at it, it’s far from being a legit networking program. It has no products -- tangible or digital -- to sell and the only way to make money is by inviting people to join the program.
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You will be asked to pay for something but it’s not a real product rather, an investment package, and based on the product reviews we’ve done in the past, most programs that offer packages are a scam.
How Does Zukul Work?
However, it’s a bit complicated since there are different plans and trading limits but basically, the amount of income you get depends on the type of plan that you buy.
As a trading platform, you can trade at least $300 to $10,000 a day and the maximum limit depends on whether you bought the plan from Zukul Trader or Zukul.
For instance, if you bought the plan from Zukul Trader, your upper limit is $6,000 but if you purchase it from Zukul, the maximum amount you can earn is $10,000.
You will earn Bitcoins instead of cash but the worst part is that there’s no guarantee that you will be compensated using trading bots.
How To Make Money With Zukul?
I don’t see Zukul as an MLM program rather, a pyramid scheme that compensates people for their referrals.
For instance, there’s a residual commission given when your recruits bring new people to the program. It’s good if you’re at the top of the pyramid but if you’re at the bottom, you’re less likely to earn anything.
I’m not going to bore you with the details of their compensation plan but if you wish to know more, you can watch the video below:
Is Zukul A Scam?
I won’t directly suggest that Zukul is a scam but it has the making of a pyramid scheme. There are no products or valuable services and the only way to make money is to invite people to join the program.
It’s not only challenging, but it’s also unstable. I mean, what if you can no longer invite people? What would happen to your investment? How can you get it back if the only way you’ll earn is through a referral?
Yes, there’s the trading bot and there’s still a chance for you to recruit people but just to you know, business as unstable as this might stop paying you anytime if there’s no more invite or worse might even leave its members empty-handed despite the efforts of encouraging people to join the program.
There’s no guarantee and for me, the only certain thing is that it won’t last for a long time.
Zukul will require you to pay a certain amount every month and since it’s more likely a scam, I suggest that you don’t invest your cash on this program. While there’s a chance for you to earn money, there’s no guarantee that you will get paid the next time.
But then, just so you have an idea on their different packages, here’s a quick outline:
- Starter Package $10 every month
- Beginners Package $35 every month
- Intermediate Package $85 every month
- Advanced Package $185 every month
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There’s nothing to like about Zukul so I’ll talk about the drawbacks instead.
Zukul has no products or services to offer, thus there’s no way for you to earn retail commissions. You have to invest a huge amount though for the promise of getting paid every day using a bot. Sadly, there’s no guarantee and that alone is more than enough to tell you that it’s a scam.
If you rely on the Federal Trade Commission (FTC), they actually have a statement about programs promising huge profits in return for inviting people to join the platform. I’ll leave a screenshot below:
Owner's Bad Reputation
Jeremy Rush has been involved with scams in the past so there’s a huge chance that he might do it again. And considering the kind of business model that he has now, it won’t be long until people will find out what their program is really about.
Zukul has not only changed its name, but it’s also changed its business model more than a couple of times. If the owners are not certain about what they want to happen in their platform, what’s the assurance that your investment will be taken care of? What if they change it again? Are they going to give it back or invest it in their new program?
We’ll never know so the best thing to do is just let go of the platform and look for a better alternative instead.
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Who Is It For?
I don’t recommend this program to anyone.
If you want to trade or learn about it, it’s best to visit your bank or ask a licensed trader or financial advisor instead.
Otherwise, you can try other legit platforms that will help you grow your cash online.
The website itself is a red flag -- there’s no such thing as easy cash. You can’t just earn money every day using a bot or on autopilot, no matter how advanced the technology is. Many platforms that promised this turned out either as a scam or a low-quality program and Zukul is not an exemption.
The owner’s reputation is tainted and if you’re wise enough, you know you wouldn’t trust such a program.
The business model is vague and unstable and obviously, it’s a waste of time and money. I don’t recommend this program.
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I hope our Zukul review has enlightened you. If you have questions or comments, please feel free to share it below. Thank you!