EliteFinFx is a new program that is in pre-launch for about 2 or 3 weeks and officially launches on 21 of December.
During this time in pre-launch EliteFinFx has already an incredible number of 55000 registered members at the time of writing this review.
As amazing as this number is, it has to do (in my opinion) with the bonus EliteFinFx is offering and the way the promoters of the program are using it to promote the program.
EliteFinFx offers just for registering 20$ and if you get 10 referrals you get 200$ and if you are one of the top promoters you can even get 1000$.
I see it everywhere being advertised as free money or free trading account (free money for trading) and that is not exactly true.
Well, It is free money for sure but to claim it you have to deposit, but people only know that, only find out about that after registering and that is, as I said, in my opinion one of the main reasons for this huge number of registrations still in pre-launch.
The problem this will create, and again, in my opinion, is that many people won't be depositing and so won't be good referrals because they registered mainly because of the free money they thought they would get.
So although they have an impressive number of registrations so fast, more than most business get in years, many of them won't become customers and won't be profitable both to EliteFinFx and also for promoters.
Here is what EliteFinFx offers and the conditions:
- 20$ for registering
- Refer at least 10 friends & get $200 to trade
- Top 20 referrers get a VIP EliteFinFx account with $1000
But you have to meet these conditions to get the free money!
- Minimum 100 USD purchase required to claim your FREE 20 USD credit.
- Minimum 500 USD purchase required to claim your FREE 200 USD credit.
- Minimum 1000 USD purchase required to claim your FREE 1000 USD credit (and you have to be one of the 20 top referrers to be able to claim it)
Is this bad? Off course not, it is not completely free money like many thought and the reason why they registered but it is still free money for those who will invest and that is awesome!
The think is, is EliteFinFx legit and is it worth investing in it?
I have been following EliteFinFx since the beginning of the pre-launch as I got an invitation from another business I'm in and so far from what I see my opinion is that EliteFinFx is legit and it can be one of the best opportunities for those interested.
They seem very transparent and giving all information members ask.
You can find more information about them on the website and you can now also download MT5 software and check their trading history (this was something some members asked).
Another great think about EliteFinFx is their referral program that pays up to 15 levels! I think this is also another one of the reasons many people are promoting this so much because you can earn a lot of money from it. The potential is huge. Just imagine, just as an example, you can get 5 referrals and if some of those referrals also refer you can get a team of lots of referrals only refferring 5 people. It can happen even if you refer only 1. Your referrals can grow a lot even without you don't refer anyone else.
Off course you will get a bigger percentage from your direct referrals but you get paid 15 levels and the potential is huge. You can have people ... 8, 9... 11... 13, 14 levels down that you don't know referring and you will earn money from them!!!
So, in conclusion, I hope and believe EliteFinFx will be a great opportunity to earn money online. At the moment I have it as one of my 2 favorite online opportunities, along with PayOutPro that is launching now also and you can read about it here: PayOutPro Review
